Finance Manager
7 months ago
**Position: Finance Manager**
My Business Consulting DMCC is a corporate services firm, headquartered in Dubai, UAE. The company specializes in designing and developing bespoke solutions for Business Setup, Immigration Support, Corporate Banking, Corporate Finance, Tax Compliance and Second Citizenship programs.
Part of the determined expansion of My Business Consulting DMCC, we are looking for Finance Manager with proven records of UAE and International experience in corporate services.
**What do you get?**
- Salary AED 12000 to AED 15000 per month, depending on work experience.
- A guarantee of our company strongly investing in your self-development and professional growth;
- In-depth Internal and external trainings;
- Participation in seminars & conferences, corporate events
- Annual tickets after 2nd year onwards;
- Company visa and Company Health Insurance;
- All bonuses as per the UAE labour law: annual paid leave, PH as per private sector, gratuity, etc.
- Office location in front of the metro station.
- Working hours 9:00 AM to 6:00 PM from Monday to Friday
**Job responsibilities**:
- Managing the finance, audit, tax & compliance areas of the organization.
- Reviewing & analyzing monthly, quarterly, and yearly management & financial reports including income statement, statement of financial position, statement of cash flows, statement of changes in equity.
- Developing expenditures and revenue forecasts; preparing baseline budgets and revisions as needed; analyzing and processing budget proposals; reconciling the budget by actual spending.
- Manage oversee, and act as backup for processing all the following transactions: payroll, accounts payable, accounts receivable, revenue & expense, fixed assets, cash, bank transactions, and all other allocations.
- Instruct the team on accounting standards and how to properly book various transactions.
- Review, investigate & corrects errors and inconsistencies in financial entries, documents & reports and ensuring the year-end audit of MBC is completed on time as per the International Financial Reporting Standard and submitted to DMCC.
- Providing financial analysis & reports as needed for areas such as dividend distributions, pricing decisions & contract negotiations.
- Meeting with potential clients to determine how to meet their financial accounting & taxation requirements and finalizing the scope of work to be performed and price to be charged.
- Managing the structured and consistent execution of the Economic Substance Reporting Framework of clients with the objective of identifying, assess, and report the relevant activities performed by the clients to the designated authorities.
- Reviewing tax returns and associated working papers prepared by tax staff and provide timely, specific, and meaningful feedback and submitting the return to FTA.
- Manage & overview VAT, audit & technical compliance queries whether raised internally and through the client and providing client feedback on their internal controls, policies and procedures related to finance function.
- Managing & filing Corporate Tax.
- Performing (as appropriate), managing & reviewing the Audit, Liquidation, Vat & Bookkeeping assignments, and ensuring adherence to deadlines.
- Dealing with the auditors & other channel partners to smoothen the process of reporting and ensuring the standard of work is not compromised at any stage or during any process.
- Responsible to do one off assignments like business valuation, feasibility studies & financial projections for clients.
- Acting & the first point of contact for compliance concerns and reviewing the screening of prospective clients & payments.
- Performing Anti Money Laundering (AML) assignments like registration of the companies on GoAml portal & submission of information to authorities for Targeted Financial Sanctions (TFS) frameworks.
- Managing the GoAml portal of My Business Consulting DMCC giving feedback to authorities and responding to their queries, as necessary.
- Reviewing and providing feedback on labor law compliance matters, calculating end of service benefits.
- Acting as the first point of contact for compliance concerns, screening prospective clients & payments
- Ensuring compliance to statutes by implementing Anti Money Laundering (AML), Combating the Financing of Terrorism (CFT), Economic Substance Regulations (ESR), & Targeted Financial Sanctions (TFS) frameworks, procedures, and policies.
- Managing the GoAML portal of My Business Consulting DMCC giving feedback to authorities and responding to their queries, as necessary.
- Ensure that software technology is in place to adequately provide oversight and monitoring in all required compliance areas.
- Preparing and delivering training programs and plans to instruct institutions employees on anti-money laundering and combating the financing of terrorism and unlawful organizations.
- Executing World Check Review for all individual and corporate entities before onboarding and
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