Senior Finance Manager RAK UAE

Position: Senior Finance Manager

Date posted: 2022-07-15

Industry: Catering/ FMCG

Employment type: Full Time

Experience: 10 years

Qualification: Qualified Accountant (ACCA, CPA, CMA, etc.)

Salary: AED 25000

Location: Ras Al Khaimah, United Arab Emirates

Company: Confidential

Description:

Hiring Senior Finance Manager

• Salary Budget: AED 25000
• Experience: Min. 10 Years of Gulf Experience
• The candidate should be available in UAE and ready to work in Ras Al Khaimah
• Please note Face to Face round of interview will be in Ras Al Khaimah

Key Responsibilities

• To ensure all the Group policies and procedures are implemented properly, communicated to all staff, monitored regularly, adhered to in all instances and rolled out to any new employee.
• Where a policy or procedure is required but not yet developed, to develop such a policy in the required format, obtain the necessary approvals and implement it.
• To implement financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control.
• Serve as a key member of the senior management team to develop operational and strategic business plans, forecasts, and feasibility studies.
• Preparation of reports daily, weekly and monthly, which include but are not limited to sales analysis, food and beverages cost reports, and monthly management accounts.
• Preparation of annual budgets per business unit with quarterly updated rolling forecasts.
• Submission of a monthly Financial Manager’s report summarizing the performance of the businesses under your control, which includes a P&L, variance analysis against budget and forecast, balance sheet and cash flow, focus areas for the next month, control weaknesses and corrective actions.
• Daily cash flow monitoring and management, which includes the management of payables.
• Use industry experience and initiative to identify areas for cost-cutting and/or revenue improvement.
• Manage and coordinate internal and external audits.
• Strive to build a team culture by working together with the respective business and department heads in support of their strategies to achieve the business plan.
• Serve as advisor to key management regarding strategic projects and operational requirements.
• Developing and monitoring KPIs and KPAs for the finance staff.
• Foster a performance-driven environment with quarterly staff performance reviews, identifying training needs and mentoring/coaching staff.