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Finance Manager

1.00 to 10.00 Years   United Arab Emirates   02 Sep, 2022
ekar
1 Jobs Openings
Job LocationUnited Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

ekar is the Middle East?s first and largest self-drive mobility company, providing users on-demand access to a network of thousands of carshare and subscription leasing vehicles within its ?Self-Drive Super App?. ekar?s vision is to improve the way people consume transportation and is achieving scale by SaaS-enabling car rental and leasing companies via ekar?s Mobility OS.To support Senior Finance Manager - ekar Holding and the local business unit(s) to ensure robust control and compliance of financial operations in the UAE in addition to conducting and supporting the business with accounting and finance activities in line with established company policy.To provide analysis and recommendations to local business and department managers where required under the guidance of the Senior Finance Manager.Key Responsibilities and Tasks:Management and Financial Reporting

  • Ensure timely and accurate recordings of revenue, expenses and balance sheet items in the general ledger for the subsidiary
  • Manage compilation & review of monthly and annual accounting schedules, bank reconciliations and other account reconciliations
  • Ensure preparation of cash flow forecast, summarising cash movements within the organisation, prepare weekly cash flow statements and regularly remit any surplus funds to Head Office
  • Compile periodic key KPI metrics and report these to management and the Senior Finance Manager
  • Ensure VAT returns are filed in a timely manner
  • Be the first point of contact during UAE audits
Credit Control
  • Ensure that necessary security from customers is obtained and maintained
  • Perform annual credit reviews for all customers on an annual basis and lead monthly debtors? meetings with Operations, Collections and Sales teams
  • Review any default payments and ensure the collection is pursued through PRO, bank guarantees, collection agencies, legal avenues, etc.
Payroll
  • Ensure payroll payments are approved and released in a timely manner
  • Liaise with the People Department to establish robust controls and approval processes governing payroll
  • Partner with the People Department to ensure that salaries and employee benefits are paid in accordance with local regulations and company policies
  • Review payroll calculations to ensure they are consistent with and reconcile with current employment records
Administration and Supplier Management
  • Manage and maintain accurate local inventory and asset registers
  • Manage local supplier contracts, including office rental, telephone and insurance
  • Participate in local contract negotiations to help secure favourable finance terms and to manage third party contracts as required
  • Ensure vendor details and delegation of authority list is up-to-date in the system at all times
People Development and Performance Management
  • Supervise and mentor direct reports, encouraging effective collaboration
  • Demonstrate leadership and lead by example in accordance with ekar?s core values
  • Maintain active and ongoing dialogue in relation to employee goals and individual performance
  • Actively engage with employees to enhance communication and their understanding of department goals

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