Finance Manager

Job Description

SummaryThe ideal candidate will have a strong background in financial management, excellent analytical skills, and a proven ability to lead a finance team. This role also involves collaborating with cross-functional teams to drive financial performance and support strategic business decision-making.Key Responsibilities

• Financial Planning & Analysis:
• Develop, manage, and oversee the companys financial strategies in alignment with business objectives.
• Prepare comprehensive financial budgets and forecasts to support business plans.
• Conduct financial analysis to assess performance, identify trends, and provide actionable insights for decision-making.
• Provide senior management with timely financial reports, including budget vs. actual analysis, and identify key issues.
• Budgeting & Forecasting:
• Lead the annual budgeting process, ensuring accurate and thorough budget preparation across all departments.
• Monitor and report financial performance versus budget, offering recommendations for course correction as needed.
• Develop financial forecasts and models to support strategic decision-making and long-term planning.
• Taxation Management:
• Manage all aspects of corporate taxation, including VAT, corporate tax, and other relevant taxes.
• Ensure accurate and timely tax filings, compliance with UAE tax regulations, and proper documentation of all tax-related matters.
• Keep up-to-date with changes in tax laws and ensure the organization adheres to any new compliance requirements.
• Implement and monitor tax strategies to optimize tax liabilities.
• Financial Reporting:
• Prepare and review monthly, quarterly, and annual financial statements.
• Present detailed financial reports to senior management and other stakeholders, providing clear analysis and actionable insights.
• Oversee the production of financial reports that include balance sheets, income statements, and cash flow reports.
• Compliance & Audit:
• Ensure compliance with all financial regulations and reporting standards, including local laws and IFRS.
• Coordinate and manage external and internal audits, working with auditors to ensure timely completion and resolution of any findings.
• Implement and maintain robust internal controls and financial processes to mitigate risks.
• Cost Management & Optimization:
• Identify opportunities for cost savings, operational efficiency, and process improvements.
• Monitor company expenses and ensure alignment with the approved budget.
• Provide actionable insights on cost management and financial risk mitigation.
• Cash Flow & Treasury Management:
• Manage cash flow and ensure the companys liquidity is optimized for daily operations.
• Develop treasury strategies to manage working capital, cash forecasting, and investment opportunities.
• Oversee bank relationships, credit facilities, and financing activities as required.
• Team Leadership & Development:
• Lead, mentor, and manage the finance team, fostering a culture of continuous improvement, collaboration, and professional growth.
• Ensure the team is meeting performance objectives, and provide training and development opportunities to enhance their skills.

• Bachelors degree in finance, accounting, or a related field (Masters or ACCA preferred).
• 5+ years of UAE experience in financial management, accounting, or related roles.
• Strong knowledge of financial regulations, tax laws, and compliance.
• Proficiency in accounting software (Microsoft GP will be an added advantage) and Microsoft Excel.
• Excellent communication and leadership skills.
• Strong analytical and problem-solving abilities.

Keyskills :
Taxation Management Forecasting Compliance Treasury Management Cost Management Team Leadership Financial Reporting Optimization Audit Analysis Financial Planning Budgeting Cash Flow Accounting Software Development Microsoft Excel

About Company

Quality Equipment Rental LLC

Job Source: qer.keka.com