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Group Finance Manager

1.00 to 10.00 Years   Dubai, United Arab Emirates   12 Sep, 2023
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryManufacturing; Civil Engineering; Construction & Building
Functional AreaNot Mentioned

Job Description

This is an important role in the finance team at the Headquarters of the Group, reporting directly to the Group Financial Controller, and working closely with the Group Director for Financial Planning & Analysis and Group Chief Financial Officer.The group has significant operations in the UAE, US, Canada, Maldives in many diverse industries and you can expect exposure to these in your role.˙Routine ResponsibilitiesManagement reporting and analysisTimely and accurate reporting of the following:

  • Monthly consolidation of income statement by 15th of the following month
  • Preparation of monthly cash, debt and facilities position by 7th of the following month
  • Monthly consolidation of receivables ageing report by 20th of the following month
  • Quarterly consolidation of group?s income statement, balance sheet and cashflow statement
Budgeting and forecasting
  • Monitor and consolidate group?s annual budgeting and quarterly forecasting process and ensuring timely reporting.
  • Assisting in collaborating with departmental heads and managers to ensure accurate budget submissions and tracking actual performance against budgeted figures.
Financial statements
  • Assisting in reviewing and finalizing group?s annual audit financial statements for the parent company and subsidiary companies.
  • Assist in managing the audit process of the group. Work closely with external auditors to address any audit findings and implement recommended improvements.
Compliance
  • Keep abreast of IFRS updates and ensure the group?s compliance with applicable standards.
Continuous improvement
  • Continuously evaluate how processes can be improved and be made more efficient.˙You should expect to contribute to the implementation of initiatives, collaborating with other functions and Group IT.
Project Responsibilities6.˙˙˙˙˙˙Acquisitions and new business opportunities
  • Participate in due diligence for acquisitions and new business opportunities.
  • Support in the integration process for acquisitions.
7.˙˙˙˙˙˙Accounting set up of new companiesa)˙˙˙˙˙˙Assist in setting up accounting systems of new companies formed by the group.

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