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Finance Director

1.00 to 10.00 Years   Dubai, United Arab Emirates   03 Oct, 2023
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryRecruitment & Employee Placement Agency
Functional AreaNot Mentioned

Job Description

This key leadership role will be responsible for overseeing all financial aspects of the organization, providing strategic financial guidance, and ensuring the financial health and success of the company. The Finance Director will drive financial strategy, manage financial risks, and optimize financial performance.Should have at least 7 experience with a Construction company in UAE.Duties and ResponsibilitiesFinancial Strategy and Planning:

  • Develop and execute the companys financial strategy, goals, and objectives aligned with the overall business strategy.
  • Provide strategic financial recommendations to the executive team, contribute to business planning, and drive financial decision-making.
  • Conduct financial analysis, evaluate investment opportunities, and assess the financial viability of strategic initiatives.
Financial Management and Reporting:
  • Oversee all financial operations, including budgeting, forecasting, cash flow management, and financial reporting.
  • Ensure accurate and timely preparation of financial statements, management reports, and financial performance analysis.
  • Monitor financial performance, identify trends, risks, and opportunities, and recommend appropriate actions to achieve financial objectives.
Financial Controls and Risk Management:
  • Establish strong internal controls, financial policies, and risk management frameworks.
  • Ensure compliance with relevant financial regulations, laws, and reporting requirements.
  • Conduct regular risk assessments, implement risk mitigation strategies, and monitor compliance with established controls.
Financing and Capital Management:
  • Manage capital structure, financing activities, and liquidity to support business growth and operational needs.
  • Evaluate and recommend funding options, including debt and equity financing.
  • Develop relationships with financial institutions, negotiate financing terms, and manage banking relationships.
Budgeting, Cost Control, and Profitability Analysis:
  • Lead the annual budgeting process, develop financial forecasts, and monitor budget performance.
  • Analyze project costs, monitor project profitability, and identify areas for cost optimization.
  • Collaborate with project teams to ensure accurate project cost accounting, cost control, and profitability analysis.
  • Staff cost control
  • Assets Management
Team Leadership and Development:
  • Provide leadership and guidance to the finance team, fostering a high-performance culture.
  • Develop and mentor team members, encourage professional growth, and provide opportunities for skill development.
  • Foster effective communication and collaboration with other departments and senior management.
  • Financial Performance, Budgeting and Cost Control, Financial Reporting and Analysis, Risk Management, Funding and Capital Management, Strategic Financial Planning, Team Leadership and Development, Stakeholder Relations, Process Improvement

Keyskills :

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