Finance Manager
1 week ago
The Finance Manager oversees the financialoperations of Makeen Properties and its subsidiaries ensuringcompliance financial integrity and alignment with organizationalobjectives. This role involves managing budgeting forecastingaccounting treasury and working capital while leading a sharedfinance team to optimize processes and implement systems forefficiency. The Finance Manager works closely with Business Head toevaluate investment opportunities prepares financial models andcollaborates with senior leadership to drive informeddecisionmaking fostering a highperformance culture and supportingbusiness growth.
StrategicLeadership:
- Develop andimplement financial strategies aligned with the organizationslongterm objectives.
- Act as the primary financeliaison with Group Finance and seniorstakeholders.
- Oversee budgeting forecasting andfinancial reporting to ensure alignment with businessgoals.
OperationalOversight:
- Ensureefficient functioning of the shared finance team across MakeenProperties Makeen Technical Services and SamaFoundation.
- Enhance financial workflows andprocesses to improve efficiency and ensure regulatorycompliance.
- Lead ERP system implementation andadoption (e.g. Yardi) driving process automation and dataintegrity.
Complianceand Governance:
- Ensurecompliance with UAE financial regulations including VAT CorporateTax and assisting Legal and Leasing teams in meeting AML compliancerequirements.
- Establish internal controlsystems to mitigate financial risks and maintain robustgovernance.
- Manage internal and external auditsensuring timely and accuratesubmissions.
InvestmentAppraisal:
- Evaluateinvestment opportunities in collaboration with the General Managerand departmental heads.
- Prepare financialmodels for proposed investments assessing KPIs and sensitivityanalysis.
- Fully prepare and assist the GeneralManager in presenting investment proposals to the InvestmentCommittee.
Treasury andWorking CapitalManagement:
- Negotiateand manage loan agreements with financialinstitutions.
- Maintain banking relationshipsand oversee cash flow optimization.
- Implementcash management strategies to enhance liquidity and financialstability.
- Monitor working capital metricsensuring effective management of payables receivables andinventory.
SuccessionPlanning and TeamLeadership:
- Identifyand mentor potential leaders within the finance team fosteringcareer development.
- Develop structured trainingprograms in collaboration with HR and Group Finance to enhance teamcapabilities.
- Lead mentor and develop thefinance team promoting high performance andaccountability.
- Ensure continuity in criticalroles through robust successionplans.
PerformanceMonitoring andReporting:
- Establishand monitor KPIs for the finance team to drive performance andefficiency.
- Ensure timely preparation ofconsolidated financial reports including variance analysis andactionable insights.
- Present financial analysisand recommendations to senior management for informeddecisionmaking.
OtherResponsibilities:
- Serveas the lead contact for financial matters related to new projectsacquisitions or businessinitiatives.
- Collaborate with crossfunctionalteams to address complex financial challenges andopportunities.
Qualifications:
- Masters degreein Finance or BusinessAdministration.
- Professional qualification suchas CIMA ICAEW ACCA CPA CMACA.
AdditionalInformation :
Experience
- Minimum:3 Years in managerial role
- Desired: 5 Years inmanagerial role
Skills&Abilities
- Strongunderstanding of financial reporting budgeting and cash flowmanagement.
- Proficiency in financial systemsand tools (e.g. ERP systems like Oracle orYardi).
- Excellent analytical and problemsolvingskills.
- Strong leadership and team developmentabilities.
- Advanced proficiency in financialmodeling and investment appraisal.
- Expertise inUAE VAT and Corporate Taxregulations
- Exceptional communication andstakeholder managementskills.
RemoteWork :
No
EmploymentType :
Fulltime
Key SkillsCognos,Forecasting,Hyperion,DealershipExperience,QuickBooks,Accounting,Corporate Finance,FinancialAnalysis,Financial Modeling,Budgeting,FinancialManagement,Financial Planning
Experience: years
Vacancy: 1
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