Job Description
About the job Finance Manager
Requirements:
- Well verse with UAE Central Bank regulations.
- Extensive understanding of financial trends both within the company and general market patterns.
- Proficient user of finance software.
- Strong interpersonal, communication and presentation skills.
- A solid understanding of financial statistics and accounting principles.
- Working knowledge of all statutory legislation and regulations.
- 7-10 years working with any reputed exchange houses in UAE.
RESPONSIBILITIES
- Presenting financial reports related to budgets, account payables/ receivables, expenses etc. to the Management.
- Arrange to submit accurate regulatory reports, such as monthly returns, quarterly returns, monthly remittance reports, audited financial statements, etc. within the submission deadlines to the Central Bank.
- Review statements related to remittances, foreign currency export/import, special products/services from banks, remittance partners or other relevant institutions/partners to perform reconciliation of balances on a regular basis.
- Investigate differences identified during the reconciliation process and report all unreconciled items to the General Manager on regular basis.
- Assess the amount of unclaimed funds as on the last day of every month.
- Assess the liquidity position and capital adequacy on a regular basis and inform to the General Manager.
- Responsible for maintaining comprehensive and accurate books of accounts and supporting records that reflect correct liquidity/financial positions at all times.
- Responsible for annual Central Bank CRV reporting.
- Review the reporting of Central Bank returns.
- Manage Annual audit of the books of account by external auditor and assist them with the required documentation.
- Complete financial reports, lead the month-end closing process and conduct monthly financial forecast.
- Develop and implement plans for budgeting, forecasting, and reporting
- Developing long-term business plans based on these reports
- Strategize on fund procurement through banks and other financial institutions
- Develop Budget on annual basis and monitor the performance on regularly basis.
- Reviews and processes payments of the company.
- Maintains & review an accurate filing and record keeping system for all financial statements and
- company documents.
- Receive funds requirements from Operations and arrange it on timely manner
- Conduct analysis of late funding and improper utilization.
- Prepare statements / Monthly reports to Management on timely manner.
- Conduct analysis of any delay reports.
- Provide financial insight and analysis to drive the business performance of the organization.
- Monitors financial details to ensure legal compliance.
- Handles both internal and external audits
- Collecting, interpreting, and reviewing financial information.
- Ensure accuracy and completeness in the bookkeeping and financial accounting.
- Monthly review of the salary reports.
Job Details
- Job Location
- Dubai United Arab Emirates
- Company Industry
- Other Business Support Services
- Company Type
- Unspecified
- Employment Type
- Unspecified
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- Unspecified