Finance Manager for Edutainment Company
7 months ago
A leading edutainment company is looking for a Finance manager for Abu Dhabi.
**JOB PURPOSE**:
Fully accountable for the financial operations, maintenance of an adequate accounting system, and a comprehensive set of controls and budgets designed to mitigate risks for the Company; ultimately ensuring best practice and compliance is adhered to at all times.
**JOB DIMENSIONS**:
Number of Staff Supervised: 2
Direct Reports: 2
**KEY PERFORMANCE ACCOUNTABILITIES**:
**Main Duties and Responsibilities**
- Operations and Strategic Planning
- Provide financial reports and interpret financial information to the Senior Management Team
- Provide strategic advice on suitable actions the business needs to take to align with the current and strategic growth of the business.
- Advise on investment activities and provide strategies that the Company should take
- Responsible for maintaining the financial health of the Company
- Analyse costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
- Develop trends and projections for the Company’s finances.
- Conduct reviews and evaluations for cost-reduction opportunities.
- Oversee the operations of the finance department, set goals and objectives, and design a framework for these to be met.
- Manage the preparation of the Company’s budget.
- Liaise with the Company’s appointed auditors to ensure appropriate monitoring of Company finances is maintained.
- Preparation of economic and financial feasibility studies for prospective locations and business ideas
- Correspond with various other departments, discussing Company plans and agreeing on future paths to be taken.
**Management and Financial Reporting**
- Review financial reports by Finance/ Purchase Assistant
- Produce accurate financial reports to specific deadlines
- Managing the company's financial accounting, monitoring and reporting systems
- Preparation and submission of interim/ annual financial statements and submitting to the Senior Management Team on a timely basis
- Keeping abreast of changes in financial reporting standards and other legislation
**Cash Flow Management**
- Preparation of monthly and annual cash flow projections
- Monitoring, interpreting cash flows on a periodic basis and predicting future trends
- Providing suitable short term and long-term solution for cash management
- Budget Preparation and Company Representation
- Ensuring that all finances are properly administered and monitored, including credit control
**Controls and Risk Management**
- Develop financial management mechanisms that minimize financial risk
- Implement and monitor controls over business processes and recommending possible solutions to mitigate risk
- Ensure that all finances are properly administered and monitored, including credit control
**General Tasks**
- Perform any other duties and responsibilities as designated by the CEO.
**COMMUNICATIONS & WORKING RELATIONSHIPS**:
**Internal**:CEO /All Department Managers
**External**:Vendors/ Consultants/ Bank (if required)
QUALIFICATIONS, EXPERIENCE, & SKILLS:
**Minimum Qualifications**:
Bachelor's degree in accounting or business administration, preferably holding a Chartered Accountant (ACCA/ACA) or CPA or Certified Management Accountant
**Minimum Experience**:
8 + years in a similar
**COMPETENCIES**:
- Work requires professional written and verbal communication and interpersonal skills.
- Strong analytical skills
- Ability to supervise and motivate teams
- Excellent English language skills, both written and oral. Arabic is a plus.
- Ability to participate in and facilitate group meetings
- Flexibility
- Problem Solving
- Ability to communicate effectively at all levels of the Company and with Clients
- Commitment to quality
- High levels of initiative
- Ability to multi-task
- Team Player
- Proactive
Pay: AED10,000.00 - AED12,000.00 per month
**Experience**:
- Finance Manager: 10 years (required)
- post qualification: 8 years (preferred)
- working retail sector: 8 years (required)
- preparing financial reports and Company’s budget: 8 years (required)
- Cash Flow Management and Controls and Risk Management: 8 years (required)
License/Certification:
- CA/ACCA/CPA/CMA/ICWA/ certification? (required)
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