The Director – Finance is responsible for overseeing the entire spectrum of finance and accounting including steering the financial direction of the business, strategic financial planning and management of financial resources. S/He supports the stakeholders by providing timely MIS reporting and developing budgets maintaining healthy working capital requirements to run the business efficiently
Main Duties And Responsibilities
Technical and Operations
Secure the financial health and stability of the company;
Oversee the overall accounting processes ensuring that proper books of accounts are maintained for effective financial control in accordance with corporate standards and local statutory requirements;
Conceptualize a smooth and efficient recovery plan to ensure that all debts are collected in a timely manner and coordinate with the insurance company as well as the sales and legal departments of the company on credit actions;
Develop financial business modules based on need using adequate tools to assess project costs, profits and risks;
Manage the annual budget preparation and periodic forecasts and prepare periodic financial analysis of the company financial situation supporting management decision;
Ensure compliance with local regulations, tax laws, transfer pricing and other applicable regulations;
Identify opportunities for optimizing financial and accounting operations and systems, consolidate operating improvements and processes at departmental level and drive the transformation with the IT department;
Ensure the timely preparation of monthly, quarterly and annual financial statements for the company and its related subsidiaries in compliance with IFRS and/or other guiding principles;
Manage the consolidation of group IFRS reporting pack and liaise with auditors on the consolidation audits;
Lead and participate as the key finance stakeholder in cross functional teams;
Implement and drive the core financial processes and reporting activities including annual operating plans, long term plans and quarterly business reviews;
Lead ad hoc financial analysis and root cause investigations;
Monitor financial performance indicators, analyze trends and causes on unexpected variances;
Oversee the company’s regulatory and reporting requirements and implement risk mitigation strategies;
Manage the cash flow across the entities of the group;
Liaise with the Legal Department and auditors to establish new entities and review all needed contracts;
Provide financial and tax consultancy on new projects or models across countries;
Develop internal control frameworks for operational processes and embed the automated controls in the system;
Liaise with Internal and External Auditors on audit plans and closings;
Liaise with External Tax Consultants on the deliverables needed to comply with transfer pricing and applicable laws;
Lead the implementations of new tools related to Finance (i.e business intelligence, payroll etc)
Talent Development
Ensure that human capital and capabilities are aligned with the company HR strategy at a departmental level;
Act as an agent of change and challenge departmental structures and processes to accompany change initiatives;
Lead and coach the team cultivating empowerment and ownership;
Develop capabilities and secure a solid succession plan.
Position Requirements
Education
Bachelor’s degree in Finance or Accounting.
Experience
At least 12 years of relevant experience, including a minimum of 5 years in the UAE.
CFA or CPA certification is preferred.
A retail industry background is mandatory.
Fluency in Arabic is mandatory.
Only candidates who fully meet the above requirements will be considered.
Searching, interviewing and hiring are all part of the professional life. The TALENTMATE Portal idea is to fill and help professionals doing one of them by bringing together the requisites under One Roof. Whether you're hunting for your Next Job Opportunity or Looking for Potential Employers, we're here to lend you a Helping Hand.
Disclaimer: talentmate.com is only a platform to bring jobseekers & employers together.
Applicants
are
advised to research the bonafides of the prospective employer independently. We do NOT
endorse any
requests for money payments and strictly advice against sharing personal or bank related
information. We
also recommend you visit Security Advice for more information. If you suspect any fraud
or
malpractice,
email us at abuse@talentmate.com.
You have successfully saved for this job. Please check
saved
jobs
list
Applied
You have successfully applied for this job. Please check
applied
jobs list
Do you want to share the
link?
Please click any of the below options to share the job
details.
Report this job
Success
Successfully updated
Success
Successfully updated
Thank you
Reported Successfully.
Copied
This job link has been copied to clipboard!
Apply Job
Upload your Profile Picture
Accepted Formats: jpg, png
Upto 2MB in size
Your application for Director - Finance
has been successfully submitted!
To increase your chances of getting shortlisted, we recommend completing your profile.
Employers prioritize candidates with full profiles, and a completed profile could set you apart in the
selection process.
Why complete your profile?
Higher Visibility: Complete profiles are more likely to be viewed by employers.
Better Match: Showcase your skills and experience to improve your fit.
Stand Out: Highlight your full potential to make a stronger impression.
Complete your profile now to give your application the best chance!