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Ras Al KhaimahBased on experience AED / Month
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Job Title: Assistant Finance Manager
Job Code: 012/001/998
Location: Ras Al Khaimah
Salary: Based on experience
Industry: Manufacturing
Job Summary:
The role aims to be recognized as a trusted advisor to the management. This role supports the finance lead to attract and retaining best-in-class finance professionals. This role assists in developing their finance team and enables them to thrive. The role communicates with impact and ensures a robust control and compliance environment. The AFM is responsible for ensuring that the accounting is carried out in accordance with the principles of correct bookkeeping, local & international regulations, and in accordance with the company accounting policy.
– Ensure that the Company documentation is organized and complete to meet legal, accounting, and Group requirements.
– Responsible for optimally managing financial assets and for the safekeeping of the Company’s material assets.
– Punctually provides local management and its staff with all the economic information and data necessary for effective and successful Company management.
Job Responsibilities:
Financial Accountancy
– Taking charge of financial accounting in accordance with local legal regulations, principles of correct bookkeeping, international accounting standards, and company accounting policy.
– Ensure that all financial reporting deadlines are met. It also includes the “quality” of actual results, forecasts, and comments/explanations communicated to the local management.
– To support preparing monthly and year-end accounting reports to ensure that the Company complies with legal and business requirements.
– Produce an operating profit and loss account and balance sheet to provide accurate and timely financial information which meets business and regulatory requirements.
– Assisting accountants and auditors in their investigations and informing the management of the outcome of these and of any measures that need to be taken.
– Adapting and developing accounting procedures to keep up with the Company’s needs and the requirements of the company.
Management & Security of Resources
– Disposition of financial resources and keeping track of payments.
– Determining customers’ credit standing and deciding on setting credit limits and delivery stoppages.
– Arranging and controlling periodic inventories of stocks, explaining any discrepancies, and making suggestions for improving weaknesses in material management.
Controlling and Internal Accounting
– Planning, implementing and further developing internal accounts systems according to the requirements of the management and the Group.
– Develop and control the company’s annual operating budget to ensure that all financial targets are met and financial and statutory regulations are complied with.
– Consolidate and interpret financial data from various profit and cost centers to ensure that accurate and timely business information is presented to managers to assist them in decision-making.
– Monitor expenditure against budgets and advise managers of any significant variances.
– Develop and maintain all necessary systems, policies, and procedures to ensure effective and efficient financial management of the company.
Planning and Budgeting
– Assist the head of finance with the annual budget for the Company to ensure that individual profit and cost centers have all the necessary information for effective budget management.
– Assist in working out financial plans and budgets according to the Group instructions.
– Supporting the company managers with the punctual working out and submission of the company’s plans/budgets to the management.
General administrative duties
Examining and storing all documents and fulfilling all the company’s legal obligations such as maintaining the company’s books, printing prescribed documents, and storing all company documents.
Job Requirements:
– Bachelor’s Degree in Accountancy.
– Certified Public Accountant/Chartered Accountant.
– Relevant professional accountancy qualification.
– Minimum 5 years of experience in a similar position preferably in a manufacturing setup.
– Excellent leadership and decision-making skills.
– Excellent verbal, interpersonal, and written communication skills.
– Strong negotiation and verbal communication skills.
– Languages: Excellent English; Arabic or any other language is an added advantage.
IT Skills:
– Microsoft Office 365 (Excel, Word, PowerPoint, etc.)
– ERP Systems (SAP, IBM Cognos, Oracle).
– SAP Concur.
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