Finance Manager

3 weeks ago


Dubai, United Arab Emirates Reges Events Full time

**Job Summary**:
The Finance Manager oversees all financial activities of the company, including cash flow management, financial reporting, strategic planning, and ensuring compliance with financial regulations and laws. Acting as a strategic partner to the executive team, the Finance Manager provides financial analysis and recommendations to support growth and expansion decisions. This role also involves leading the finance team to ensure financial and profitability targets are met.

**Duties and Responsibilities**:1. **Financial Planning and Analysis**:

- Develop and implement medium
- and long-term financial plans aligned with the company’s strategic goals.
- Prepare and analyze monthly and annual financial reports for the executive team.
- Provide financial recommendations to support expansion and development projects.

2. **Budget Management**:

- Prepare and manage the company’s annual budgets, monitoring financial performance against forecasts.
- Identify cost-saving opportunities and revenue enhancement strategies to improve profitability.
- Collaborate with all departments to ensure budget alignment with operational goals.

3. **Cash Flow Management**:

- Monitor daily cash flow to ensure liquidity for operational needs.
- Manage investments and assess risks related to cash flow.
- Develop strategies for working capital management.

4. **Tax and Compliance Management**:

- Ensure full compliance with tax laws and local regulations.
- Oversee tax filings and coordinate with external auditors for annual audits.
- Develop financial policies to ensure compliance with local and international regulations.

5. **Risk Management**:

- Analyze and assess financial risks, implementing strategies to mitigate potential impacts.
- Manage market risks and economic fluctuations, providing proactive solutions.

6. **Internal Controls**:

- Design and implement internal control systems to safeguard company assets.
- Develop financial policies and procedures to enhance governance and transparency.
- Ensure accuracy and integrity of financial records.

7. **Team Leadership and Development**:

- Lead and develop the finance team, providing necessary training to enhance technical and managerial skills.
- Design comprehensive training programs to boost team performance.
- Drive the team to achieve financial performance targets and foster a high-performance culture.

8. **External Relationship Management**:

- Negotiate with banks and vendors to enhance the company’s financial position.
- Manage relationships with external auditors, regulatory bodies, and financial institutions.
- Develop strategic partnerships to support financial growth.

9. **Financial Reporting and Analysis**:

- Prepare monthly and annual reports detailing the company’s financial status.
- Conduct advanced financial analysis and provide recommendations to improve performance.
- Develop key performance indicators (KPIs) to measure financial success.

**Qualifications and Requirements**:

- Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree or CPA preferred).
- 7-10 years of experience in financial management, preferably in the events or interior design sector.
- Advanced knowledge of International Financial Reporting Standards (IFRS).
- Proven experience leading finance teams and developing leadership skills.
- Strong strategic planning and financial analysis skills.
- Proficiency in ERP systems and financial management software.
- Fluency in both Arabic and English.
- Excellent negotiation and communication skills.

**Key Skills and Competencies**:

- **Strategic Planning and Financial Analysis.**:

- **Risk and Budget Management.**:

- **Strong Negotiation Skills.**:

- **Problem-solving and Decision-making under Pressure.**:

- **Leadership and Team Development.**:

- **Innovative Thinking in Financial Solutions.**

**Job Benefits**:

- Competitive salary with performance-based bonuses.
- Professional development and specialized training opportunities.
- Supportive work environment encouraging innovation and growth.
- Annual paid leave and travel tickets.

**Key Performance Indicators (KPIs)**:

- Achieve annual financial growth targets.
- Improve cash flow and reduce outstanding debt.
- Develop and implement successful financial plans ensuring company sustainability.

Pay: AED7,000.00 - AED8,500.00 per month

**Experience**:

- UAE: 3 years (required)

Expected Start Date: 01/01/2025


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