Finance Manager

Finance Manager – UAE Experience

**Job Title:** Finance Manager

**Department:** Finance & Accounts

**Location:** United Arab Emirates

**Employment Type:** Full-Time

**Reports To:** General Manager / Managing Director

**Required Experience:** Minimum 5 years of relevant UAE experience

Job Summary

We are seeking an experienced and detail-oriented **Finance Manager** with a minimum of **5 years of UAE experience** to oversee the company's financial operations, accounting activities, reporting, budgeting, cash flow, taxation, compliance and financial controls.

The successful candidate will have strong knowledge of **UAE accounting practices, VAT, Corporate Tax, IFRS, financial reporting and UAE regulatory requirements**, with the ability to manage the finance function independently and provide accurate financial information to senior management.

Key Responsibilities

1. Financial Management

* Manage the company's day-to-day finance and accounting operations.

* Prepare and monitor annual budgets, forecasts and financial plans.

* Monitor cash flow, working capital, receivables and payables.

* Develop and maintain effective financial controls and procedures.

* Provide management with financial analysis and recommendations for business decisions.

* Monitor company profitability, expenses and financial performance.

* Identify financial risks and recommend appropriate corrective actions.

2. Accounting & Financial Reporting

* Supervise general ledger, accounts payable, accounts receivable and bank reconciliations.

* Ensure accurate and timely recording of all financial transactions.

* Prepare monthly, quarterly and annual financial statements.

* Prepare management accounts and financial reports.

* Review balance sheets, income statements, cash-flow statements and supporting schedules.

* Ensure proper accounting treatment in accordance with applicable accounting standards and company policies.

* Maintain accurate and complete accounting records.

3. UAE VAT & Corporate Tax

* Manage the company's UAE VAT compliance and reporting requirements.

* Review VAT calculations, records and supporting documentation.

* Coordinate VAT return preparation and submission within applicable deadlines.

* Maintain proper VAT documentation and records.

* Assist with VAT audits and queries from the relevant authorities.

* Manage or coordinate **UAE Corporate Tax** compliance, calculations, registration and filing requirements as applicable.

* Monitor changes to UAE tax regulations and advise management accordingly.

* Coordinate with external tax consultants and auditors when required.

4. Audit & Compliance

* Coordinate internal and external audits.

* Prepare audit schedules, supporting documents and financial information.

* Liaise with auditors, banks, consultants and other financial institutions.

* Ensure compliance with applicable UAE financial, tax and regulatory requirements.

* Establish and maintain strong internal financial controls.

* Investigate discrepancies, irregularities and potential financial risks.

* Ensure company financial policies and procedures are consistently followed.

5. Accounts Receivable & Payable

* Monitor customer outstanding balances and collections.

* Establish appropriate credit-control procedures.

* Review customer statements and resolve account discrepancies.

* Monitor supplier invoices, payments and outstanding balances.

* Ensure payments are properly authorized and supported by documentation.

* Maintain healthy working-capital levels.

6. Cash Flow & Banking

* Prepare regular cash-flow forecasts.

* Monitor daily bank balances and company liquidity.

* Manage banking relationships and banking documentation.

* Review bank reconciliations and investigate discrepancies.

* Coordinate bank transfers, payments and other banking transactions.

* Assist management with financing and banking requirements where applicable.

7. Payroll & Employee-Related Finance

* Supervise payroll-related accounting and payment processes.

* Coordinate with HR regarding employee salaries, benefits, deductions and final settlements.

* Ensure payroll accounting records are accurate.

* Support compliance with applicable UAE salary and employment-related payment requirements.

8. Budgeting & Cost Control

* Prepare departmental and company budgets.

* Monitor actual performance against budget.

* Analyze significant variances and recommend corrective measures.

* Control operating expenses and identify cost-saving opportunities.

* Prepare financial models and forecasts when required.

9. Inventory & Costing

Where applicable to the business:

* Monitor inventory accounting and valuation.

* Review stock movements and inventory reconciliations.

* Analyze product/service costs and margins.

* Coordinate periodic stock counts and investigate variances.

* Ensure appropriate accounting treatment for inventory and cost of sales.

10. Management Support

* Provide accurate financial information to senior management.

* Prepare financial presentations, reports and business analysis.

* Support strategic planning and investment decisions.

* Evaluate the financial impact of proposed business activities.

* Advise management on financial risks, profitability and cost management.

UAE Regulatory & Professional Knowledge

The candidate should have strong practical knowledge of:

* UAE accounting and financial reporting requirements.

* **UAE VAT regulations and procedures.**

* **UAE Corporate Tax regulations and compliance.**

* IFRS / International Financial Reporting Standards.

* UAE business and commercial practices.

* Financial controls and audit requirements.

* UAE banking and payment practices.

* Payroll and employee-related financial procedures.

* Relevant UAE regulatory authority requirements.

* Accounting software and ERP systems.

Mandatory Requirements

* **Minimum 5 years of Finance Manager / Senior Accountant experience in the UAE.**

* Strong UAE accounting experience.

* Strong knowledge of **UAE VAT and Corporate Tax**.

* Good knowledge of IFRS.

* Experience in preparing financial statements and management reports.

* Experience with budgeting, forecasting and cash-flow management.

* Experience coordinating external audits.

* Strong knowledge of accounts payable and receivable.

* Excellent Excel skills and experience with accounting/ERP software.

* Strong analytical and problem-solving skills.

* Excellent English communication skills.

* Ability to work independently and manage a finance team.

* High level of integrity, confidentiality and attention to detail.

Preferred Qualifications

* Bachelor's degree in **Accounting, Finance or Commerce**.

* ACCA, CPA, CMA, CA or equivalent professional qualification is highly desirable.

* UAE VAT and Corporate Tax training/certification is an advantage.

* Experience with ERP/accounting systems such as SAP, Oracle, Microsoft Dynamics, Tally, Zoho Books or similar.

* Experience in the same industry as the company is an advantage.

Key Competencies

* Financial Planning & Analysis

* UAE Tax Compliance

* Financial Reporting

* Budgeting & Forecasting

* Cash Flow Management

* Cost Control

* Audit Management

* Internal Controls

* Team Leadership

* Risk Management

* Strategic Financial Planning

* Problem Solving

* Attention to Detail

* Confidentiality & Integrity

Key Performance Indicators (KPIs)

* Timely and accurate monthly financial reporting.

* Timely completion of VAT and Corporate Tax obligations.

* Accurate financial statements and accounting records.

* Effective cash-flow and working-capital management.

* Reduction and control of outstanding receivables.

* Accurate budgeting and forecasting.

* Successful completion of external audits.

* Effective implementation of internal financial controls.

* Improved cost control and profitability.

* Compliance with applicable UAE financial and tax requirements.

Candidate Profile

The ideal candidate is a **UAE-experienced Finance Manager with at least 5 years of local experience**, strong accounting and financial-management skills, and practical knowledge of **UAE VAT, Corporate Tax, IFRS, audit, budgeting, cash flow and financial reporting**.

The candidate must be capable of independently managing the finance function, leading accounting staff, maintaining strong financial controls and providing reliable financial information and strategic recommendations to senior management.

Pay: AED8,000.00 - AED10,000.00 per month

Work Location: In person