Group Finance Manager
1 week ago
**Key Responsibilities**:
- **Financial Planning and Analysis**:
- Lead the financial planning, budgeting, and forecasting processes for the group.
- Conduct detailed variance analysis and financial modeling to assess performance and profitability.
- Generate insights and reports on financial metrics, cost management, and performance to support business decisions.
- **Group Consolidation and Reporting**:
- Consolidate financial statements for all group entities and ensure timely, accurate financial reporting in compliance with relevant standards.
- Prepare monthly, quarterly, and annual financial reports for senior management and stakeholders.
- Ensure alignment and integration of financial data across all group entities to streamline reporting processes.
- **Budgeting and Forecasting**:
- Develop and manage budgets for each entity within the automotive group.
- Monitor and forecast cash flow requirements and manage capital expenditure plans.
- Provide recommendations for budget adjustments based on performance trends and strategic objectives.
- **Compliance and Risk Management**:
- Ensure adherence to regulatory requirements, tax laws, and financial standards specific to the automotive industry.
- Conduct risk assessments, implement controls, and ensure internal compliance.
- Work closely with external auditors and manage audits and financial reviews across the group.
- **Cost and Inventory Management**:
- Develop and implement cost-control measures across all automotive divisions.
- Oversee inventory management and pricing strategies to optimize profitability.
- Analyze production and operational costs to identify opportunities for efficiency improvements.
- **Team Leadership and Development**:
- Lead and mentor a team of finance professionals, fostering a collaborative and high-performance environment.
- Provide guidance and training to ensure best practices in financial management across the team.
- Collaborate with cross-functional teams, including operations, procurement, and sales, to drive financial performance and strategic goals.
- **Stakeholder Engagement**:
- Act as the primary point of contact for financial inquiries and communications with internal and external stakeholders.
- Provide strategic financial insights to support decision-making at the executive level.
- Participate in business development initiatives, mergers, and acquisitions as needed.
**Qualifications**:
- **Education**: Bachelor’s degree in Finance, Accounting, Business Administration, or related field; a CPA, ACCA, or equivalent qualification is preferred.
- **Experience**: Minimum of 8-10 years of finance experience, with at least 3-5 years in a managerial role within the automotive industry.
Finance
Automotive
car
Vehicle
Pay: AED12,000.00 - AED15,000.00 per month
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