Senior Finance Manager

Job description / Role

Employment: Full Time

Motivate, develop and manage the finance team.

Other responsibilities includes but not limited to:

• Compliance to all statutory requirements – Direct/Indirect Taxes, DFM/ESCA regulations, IFRS etc
• Focus on enhancing the efficiency of operations through automation and reducing paper work.
• Keeping tab on Various teething issues related to SAP operations and its follow up with the IT team.
• Preparation of Operating Budget of the company with detailed analysis and reports related to Sales growth, GP, Expenses and profitability and ensuring that it is updated in SAP.
• Provide analytic reports and variance analysis for monthly management reviews and quarterly, yearly board meetings regarding financial results of the business.
• Work with Accounting and Operations Department to support monthly and quarterly close activities.
• Assist in the preparation of budgets, forecasts, Strategic business plans.
• Managing the external and internal audits and timely completion.
• Review the Capex requests, calculate payback and ROI, Ensuring timely and correct capitalization of Assets on monthly basis.
• Ensure full Budgetary control for Opex and Capex.
• Supervise and guide Finance team – AP, Treasury, Payroll, Fixed Assets, GL/MIS
• Closely monitor the finance and accounting activities related to AP, GL, Fixed Assets, Treasury, 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, GRIR’s, oversee the AP invoice booking process ensuring 3/4 way match is performed.
• Timely payments to vendors as per agreed payment terms, monitor ageing reports and vendor reconciliations.
• Ensure Vendor debit balances/advances are settled in time.
• Review of open purchase orders at least once in a quarter.
• Correct and timely uploading of XBRL on quarterly Basis.
• Assess training needs for development and to enhance work efficiency.

Requirements:

• Bachelor of Commerce, CA, CPA or equivalent
• 10-12 years of experience in Accounts and finance with at least 5 years of MIS and reporting in Manufacturing organization with distribution activities
• Advanced knowledge of Microsoft Excel and Power Point
• Functional expert knowledge of ERP, preferably SAP
• Strong written and verbal communication skills
• Exposure to M&A activities a plus
• Fluency in English, Arabic knowledge is added advantage

Disclaimer: Black Pearl will never ask for money or any form of charge our candidates just to process or consider their application for any of our available vacancies. If you happen to receive such a request from any members of our staff or other individuals claiming to be part of Black Pearl, please do call our office.

About the Company

About Us Helping professionals grow. Supporting businesses thrive.

Black Pearl is a HR consultancy and recruitment firm based in the UAE. We connect skilled professionals with leading organizations across the Gulf region, offering a personalized and thoughtful approach to hiring.

• Healthcare and Life Sciences
• Engineering and Construction
• Technology and Digital
• Finance and Accounting
• Hospitality and Retail
• Government and Emiratization

Whether you’re searching for your next opportunity or looking to hire, we work closely with you to understand your goals and find the right fit.

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