Financial Controller Dubai UAE

Position: Financial Controller

Date posted: 2021-12-13

Industry: Retail Distribution

Employment type: Full Time

Experience: 5 years

Qualification: CMA mandatory

Salary: AED 5000 to 10000

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

Financial Controller

Industry: Experience in Retail Distribution is mandatory

Years of Exp: 5+ years

Our Client is looking for a Financial Controller to take ownership of the accounting functions on a group-wide level as well as provide insights and regular commentary that support the leadership’s strategic planning & decision-making. The Financial Controller will be leading an inherited chief accountant and a 2 person bookkeeping team, while implementing and executing managerial accounting processes by themselves.

What you’ll do:

• Manage all accounting & finance functions for the whole group.
• Responsible for the production and presentation of final financial statements and reports.
• Maintain accounting records, ensuring accuracy and timely month-end closing.
• Manage internal controls. You need to be able to think creatively about checks and balances between different processes and procedures.
• Ensure compliance with financial regulations. You need to have IFRS knowledge as well as GCC tax and labor law knowledge to do this properly.
• Reporting & Analysis. Including, but not limited to: supporting departmental managers with business intelligence on their respective divisions, looking at different KPIs and operational metrics, creatively reporting turnover, profitability and productivity on group-wise, business-wise, customer-wise, brand-wise, product-wise, division-wise, employee-wise levels, presenting meaningful commentary and coming up with appropriate recommendations and carrying out MTD & YTD comparisons.
• Supervise cash management. Ensuring we make our payments and collect our dues in time.
• Budgeting and forecasting. Preparing budgets with relevant managers then analyzing any variance, propose recommendations and follow-up their implementation.
• Acting as the single point of communication for all matters pertaining to finance, to both internal stakeholders as well as external parties like auditors, banks, insurance companies, software implementation teams, tax authorities and other vendors.
• Financial modelling, analysis, appraisal and risk assessment of investment plans and new business proposals. Our expansion plans can vary from new product lines to new business units to new markets to new separate unrelated ventures altogether
• They need to be modelled and planned.