Director – Finance

  • Dubai
  • Permanent
  • Full-time
  • 6 days ago
Director - FinanceJob Location : Dubai, United Arab EmiratesMain Duties and Responsibilities :
  • 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;
Requirements :
  • Bachelor's degree in Finance or Accounting.
  • 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.
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