Job Description
About the job Finance Manager
Responsibilities:
- Financial Planning and Analysis:
- Develop and implement financial strategies, plans, and forecasts to support the companys business objectives.
- Conduct financial analysis and provide insights to support decision-making processes.
- Monitor and analyze financial performance, identifying trends, variances, and opportunities for improvement.
- Budgeting and Forecasting:
- Prepare and manage the annual budget, ensuring alignment with the companys strategic goals.
- Oversee the forecasting process, providing accurate and timely financial projections.
- Track and report on budget performance, addressing any discrepancies.
- Financial Reporting:
- Prepare and present monthly, quarterly, and annual financial reports to senior management and stakeholders.
- Ensure compliance with financial reporting standards and regulatory requirements.
- Manage the preparation of financial statements, ensuring accuracy and completeness.
- Cost Management:
- Monitor and control company expenditures to ensure efficient use of resources.
- Implement cost-saving initiatives and identify areas for financial improvement.
- Oversee the management of operational costs, including inventory and supply chain expenses.
- Cash Flow Management:
- Monitor and manage cash flow to ensure the companys liquidity and financial stability.
- Oversee accounts payable and receivable, ensuring timely and accurate processing.
- Manage banking relationships and optimize cash management practices.
- Risk Management and Compliance:
- Identify financial risks and develop mitigation strategies.
- Ensure compliance with all financial regulations, internal policies, and procedures.
- Manage internal and external audits, addressing any findings and implementing recommendations.
- Team Leadership and Development:
- Lead and manage the finance team, providing guidance, support, and professional development opportunities.
- Foster a collaborative and high-performance work environment.
- Conduct regular performance reviews and provide constructive feedback.
Qualifications:
- Bachelors degree in Finance, Accounting, or a related field; a Masters degree or professional certification (e.g., CPA, CFA) is preferred.
- Minimum of 5 years of experience in financial management, preferably in the retail sector.
- Strong understanding of financial principles, practices, and regulations.
- Excellent analytical, problem-solving, and decision-making skills.
- Proficiency in financial software and Microsoft Office Suite.
- Strong leadership and team management abilities.
- Excellent communication and interpersonal skills.
- Fluency in English is required; knowledge of Arabic is an advantage.
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