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Finance Manager

Dubai, United Arab Emirates · Retail

Job Scope:

The jobholder will be responsible in managing finance operations and functions ensuring good internal control, reporting and statutory compliance.
 
Job Responsibilities:
  • Managing and ensuring that all the accounting/finance related data are updated on a daily basis and information to commercial/ country head/ corporate are provided on time and with accuracy.
  • Authorizing all payments, LPO`s, Journal Vouchers and transactions (based on Authorization Matrix & Board Resolution).
  • Ensuring all Balance Sheet accounts are reconciled on a monthly basis and signed off by the respective service department heads.
  • Control on expenses to ensure that they are within the budget
  • Monthly reports to Commercial & Services Heads regarding their monthly revenues and expenses compared to Budget.
  • Review of Receivable management & Ageing.
  • Monthly reporting to parent companies in liaison with Corporate.
  • Ensure that all the policies and procedures are followed.
  • Ensuring all legal & statutory requirements relating to the stores are complied with.
  • Co-ordinate with bankers for guarantees, facilities, cash requirements, etc.
  • Negotiating with Banks and other Suppliers for better deals like Interest rates, ATM, POS, letting out space, Co branding cards, etc.
  • Develop & maintain relationship with Banks/Financial Institutions, Receive & Evaluate new banking proposals.
  • Maintain an effective representation and manage all taxation related filings, reports, Books etc and ensure proper statutory compliance.
  • Setting up, implementation and periodical review of internal controls for all operations.
  • Maintain close review with Maintenance to keep control about capital expenses and other monthly routine expenses.
For Interested candidates please send your updated CV to
 
Requirements:
 
  • Bachelor’s degree in Finance Management or Equivalent
  • Qualified CA/CPA
  • Minimum 5 years of experience in Retail/FMCG
 
 
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