Financial Manager
3 weeks ago
Location: Al Barsha -TECOM, Dubai
Description
The position reports to the General manager.
Finance function (70% of working hours):
- Prepare pro-forma invoices for LC issuance
- Verify and confirms LC before LC issuance
- Liaise with clients, banks, and other stakeholders to resolve any issues that may arise during the processing letter of credit (LC)
- Input data in the CRM system, including freight and financing costs (LC costs)
- Prepare drafts of documents on demand, i.e. for KYC procedures of external stakeholders
- Manage the day-to-day financial operations, including accounts payable, accounts receivable, and general ledger
- Handle the process of proforma and commercial invoice issuance
- Update banks about status of transactions / address compliance queries
- Manage the budgeting process and provide regular updates on budget performance
- Monitor cash flow and ensure that adequate funds are available to meet the company’s financial obligations
Accounting function (20% of working hours):
- Ensure monthly closing accuracy, reporting requirements and deadlines are met
- Preparation/reconciliation of monthly products P&L for business
- Preparation of the consolidated financial statements
- Work with external auditors, resolving any accounting or tax related issues
Admin function (10% of working hours):
- Ensure the timely and accurate processing of administrative tasks such as travel arrangements, expense reports, and other administrative tasks as needed
Qualifications:
- Bachelor’s degree in finance, accounting, or a related field
- at least 3-5 years of experience in trade commodity finance within a bank or a commodity trading company
- Familiarity with international shipping documentation and UCP 600 rules
- Strong attention to detail and ability to work accurately in a fast-paced environment
- Russian speaker is a strong advantage
- ACCA / CPA qualification is a strong advantage
- Computer proficiency in Excel, Word
- Good communication and interpersonal skills, with the ability to negotiate and manage relationships with the banks
- Ability to work independently, prioritize tasks, and manage multiple projects simultaneously
**Salary**: AED12,000.00 - AED18,000.00 per month
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (required)
Application Question(s):
- Which accounting qualification/experience do you have?
- Do you speak Russian?
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