Finance Manager

2 weeks ago


Dubai, Dubai, United Arab Emirates Osia Hypermarket Full time

Financial Planning and Analysis:

  • Develop and implement financial strategies, budgets, and forecasts aligned with the company's goals and objectives.
  • Conduct financial analysis, performance evaluation, and variance analysis to identify trends, risks, and opportunities.
  • Provide insightful financial reports, including profitability analysis, cost analysis, and cash flow projections to support decisionmaking.

Budgeting and Cost Management:

  • Prepare annual budgets in collaboration with department heads and monitor adherence to budgetary guidelines.
  • Review cost structures, cost controls, and cost reduction initiatives to optimize operational efficiency.
  • Provide guidance and support in cost estimation, pricing strategies, and investment appraisal for new projects or initiatives.

Financial Reporting and Compliance:

  • Ensure accurate and timely preparation of financial statements, including balance sheets, income statements, and cash flow statements.
  • Ensure compliance with accounting principles, regulatory requirements, and internal policies.
  • Coordinate and support internal and external audits, addressing audit findings and implementing recommended improvements.

Cash Management and Treasury:

  • Oversee cash flow management, including cash forecasting, liquidity management, and optimizing working capital.
  • Monitor banking relationships, negotiate favorable terms, and manage cashrelated transactions.
  • Implement robust financial controls to safeguard company assets and prevent fraud.

Team Management and Development:

  • Lead and manage the finance team, providing guidance, training, and performance evaluation.
  • Foster a collaborative and highperformance culture within the finance department.
Identify training and development needs, provide mentoring and coaching to enhance the team's capabilities.

Responsibility towards:

-
Direct reports:Finance Director
  • CFO or General Manager
-
Matrix reports:Finance Director

-
Key customers:Top Management

-
Key suppliers:partners/ vendors/ Suppliers

-
Relations: External representation to a government Tax authority / banks etc.

Skills & Knowledge:

  • Bachelor's degree in Finance, Accounting, or a related field. A master's degree or professional certification (e.g., CMA, CPA) is preferred.
  • Proven experience (5 to 7 years) as a Finance Manager or similar role, preferably within the retail or hypermarket industry.
  • Strong knowledge of financial management principles, practices, and accounting standards.
  • Proficiency in financial planning, budgeting, forecasting, and financial analysis.
  • Solid understanding of cost management, pricing strategies, and investment appraisal.
  • Excellent knowledge of financial reporting, compliance, and internal controls.
  • Advanced proficiency in financial software and ERP systems (Odoo preferably).
  • Strong analytical, problemsolving, and strategic thinking skills.
  • Excellent communication and presentation skills, with the ability to convey financial information to nonfinancial stakeholders.
  • Highly developed skills in use of relevant IT packages including Excel, Word, Power Point etc.
  • Strong leadership abilities and experience in managing and developing a finance team.
  • Able to work under pressure.
  • Extended working hours.

Ability to commute/relocate:

  • Dubai: Reliably commute or planning to relocate before starting work (required)

Experience:

Finance Manager: 3 years (required)

Application Deadline: 12/07/2023

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