Senior Finance Manager

Shape the Financial Future with Al Rostamani Exchange!

Join one of the UAE's leading financial institutions as a Senior Finance Manager, where you'll play a pivotal role in driving financial strategy, ensuring regulatory compliance, and optimizing financial performance across all operations.

Implementation of Accounting policies

• Implement accounting policies covering all areas of Finance activities and ensure they adhered to and followed, as well as compliant with Central Bank of UAE regulation
• Ensure revenue recognition is proper and internal controls are adequate in all processes

Management Information Systems

• Review of Monthly performance with group CFO
• Analysis and preparation of deep-dive reports in the areas of Finance, Accounts and Administration

Business Plan

• Mid and long-term strategy formulation & Drawing up of Annual Business Plans for the company
• Provide financial and commercial partnering on business proposals and strategic initiatives & analysis of any new businesses
• Partner with Transformation office in implementing critical business interventions

Treasury

• Ensure Funding & Managing of NOSTRO /VOSTRO accounts as per the daily transactions
• Sourcing funds for short and long term requirements of the Company
• Ensuring optimal use of funds and minimize finance costs
• Handling Annual Banking limit renewals
• Manage banking relationships
• Monitor daily banking utilization Vis a Vis limits

Risk Analysis and Cover

• Review of department procedures & recommend improvements
• Risk Assessment analysis and Strategy
• Identification of Insurance agencies and negotiation in order to obtain optimal insurance cover at minimal costs
• Insurance Claims Management
• Handling of foreign exchange exposures
• Local banking operations Credit confirmation for transactions against cheques

IT initiatives

• Design specifications and coordinate with User Departments, GIT and Software Vendors to plan suitable software solutions/enhancing features & capabilities of existing solutions
• Implementation of software solutions within the Company
• Continual enhancements to the Internal Control systems within the Company particularly in the areas of Finance, Accounting and Administration

Liaison with external & Internal auditors and legal team

• Liaison with external auditors for the completion of Year-end audit
• Liaison with legal firms to monitor ongoing legal cases
• Interaction with clients on financial and legal issues with respect to the Contract

Leadership

• Ensure the effective achievement of functional objectives through the leadership of function setting individual objectives, managing performance, developing and motivating staff, provision of formal and informal feedback and appraisal in order to ensure that the highest level of performance is achieved
• Building the organisation and pipeline of finance talent

Minimum Qualifications, Experience, Knowledge & Skills:

Qualifications

• Qualified accountant (ACA, ACCA, CIMA)

Experience

• Minimum of 10 years of experience in Finance

Knowledge & Skills

• Excellent business acumen
• Bank dealings knowledge
• Excellent verbal and written communication skills
• Good computer skills
• Management skills
• Good Interpersonal skills