Our client, a reputed food & beverage manufacturing company in the UAE that deals in its FMCG brands across the region is looking to hire a Senior Finance Manager to be based in their office in Dubai who will oversee all financial and business control operations, MIS/reporting, accounts payable, revenue management, payroll, treasury, etc., and effective management of budgeting and planning process. Lead and implement the process improvements and procedures with a focus on system-driven processes, helping smooth conduct of external and Internal audits, effective deployment of policies and controls and robust review mechanism to ensure any deviation in meeting company objectives are timely highlighted and actioned. Motivate, develop, and manage the finance team.
In this role, you will have the following responsibilities:
Strategic
Compliance with all statutory requirements – Direct/Indirect Taxes, DFM/ESCA regulations, IFRS, etc.
Focus on enhancing the efficiency of operations through automation and reducing paperwork.
Keeping a tab on Various teething issues related to SAP operations and its follow-up with the IT team.
Preparation of the Operating Budget of the company with detailed analysis and reports related to Sales growth, GP, Expenses, and profitability and ensuring its updation in SAP
Process/Operational
Provide analytic reports and variance analysis for monthly management reviews and quarterly, and yearly board meetings regarding the financial results of the business.
Work with the Accounting and Operations Department to support monthly and quarterly close activities.
Assist in the preparation of budgets, forecasts, and Strategic business plans.
Managing the external and internal audits and timely completion.
Review the Capex requests, calculate payback and ROI, and ensure timely and correct capitalization of Assets monthly.
Ensure complete Budgetary control for Opex and Capex.
Supervise and guide the Finance team – AP, Treasury, Payroll, Fixed Assets, GL/MIS
Closely monitor the finance and accounting activities related to AP, GL, Fixed Assets, Treasury, and Payroll and ensure all transactions are recorded accurately and timely with appropriate approvals.
Maintain confidentiality of all payroll information.
Ensure employee advances/loans are deducted in a timely manner
Monthly review of all AP control accounts, GRIRs, oversees the AP invoice booking process ensuring 3/4 way match is performed.
Timely payments to vendors as per agreed payment terms, monitor aging reports, and vendor reconciliations.
Ensure Vendor debit balances/advances are settled in time.
Ensure compliance with company policies and procedures.
Review open purchase orders at least once a quarter.
Correct and timely uploading of XBRL on a quarterly Basis.
People
Closely supervise the performance of the Finance team.
Assess training needs for development and enhance work efficiency.
Requirements
To be considered for this role, you must possess the following criteria:
Bachelor of Commerce, or CA, CPA, ACCA equivalent
10-12 years of experience in Accounts and finance with at least 5 years of MIS and Financial Reporting in Manufacturing organization with distribution activities (preferably in UAE/GCC countries)
Advanced knowledge of Microsoft Excel and PowerPoint
Expert knowledge of ERP, preferably SAP FICO and BI tools experience
Strong written and verbal communication skills
Expert knowledge of MS Power point
Handling M&A activities will be a Plus
Should available to join immediately or if possible with a minimum notice period
Arabic language fluency will be a plus
Experience in FMCG background will be an advantage, preferably within F&B industry
To know other vacancies we have, please feel free to visit our website - www.blackpearlconsult.com
Disclaimer: Please note that Black Pearl will never ask any of its candidates for any payment in any form in exchange for our service in helping candidates find a job. Our service is free to our candidates and the recruitment fee is paid by our clients. If you receive any emails, SMS or calls requesting you to pay from someone claiming to be an employee of Black Pearl before they can process your application, please report and write an email to info@blackpearlconsult.com or contact our office on +9712 6225503.
Benefits
Salary + Family benefits on visa, medical insurance and annual air tickets (self + spouse + 2 kids up to 18 years old)
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