Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions.
Oversee the operations of the finance department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
Prepare and interpret reports, accounts, commentaries, and financial statements.
Manage the company's financial accounting, monitoring, and reporting systems.
Oversee financial department employees, including financial assistants and accountants.
Provide and interpret financial information.
Develop financial management mechanisms that minimize financial risk.
Research and report on factors influencing business performance.
Conduct reviews and evaluations for cost-reduction opportunities.
Liaise with auditors to ensure annual monitoring is carried out.
Produce accurate financial reports to specific deadlines.
Manage the preparation of the company's budget.
Report to management on variances from the established budget, and the reasons for those variances.
Assist management in the formulation of its overall strategic direction.
Arrange new sources of finance for a company's debt facilities.
Develop external relationships with appropriate contacts, e.g., auditors, solicitors, bankers, and statutory organizations such as the Land Revenue/Land Authority.
Oversee the extension of credit to customers.
Liaise with managerial staff and other colleagues.
Formulate strategic and long-term business plans.
Understand and adhere to financial regulations and legislation and keep abreast of changes in financial regulations and legislation.
Track the company's financial status and performance to identify areas for potential improvement.
Provide insightful information and expectations to senior executives to aid in long-term and short-term decision-making.
Review financial data and prepare monthly and annual reports.
Present financial reports to board members, stakeholders, executives, and clients in formal meetings and create additional analyses and reports as requested by management.
Stay up to date with technological advances and accounting software to be used for financial purposes.
Develop and manage financial systems/models, and establish and maintain a documented system of financial policies and procedures for the company.
Undertake research into pricing, competitors, and factors affecting performance.
Control income, cash flow, and expenditure.
Forecast cash flow positions, related borrowing needs, and available funds for investment.
Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows.
Job Requirements:
Experience:
5 years of experience in UAE in a similar role in a similar industry.