Finance Manager - Arabic Speaking Required
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Key skills for this role
About the Role
Dr. Scent seeks a Finance Manager to oversee financial operations, reporting, budgeting, cash flow, and compliance in Sharjah. The role requires strong IFRS knowledge, UAE tax expertise, and ERP experience.
Key Skills for This Role
Responsibilities
- Manage monthly and annual financial closing
- Prepare financial statements and management reports
- Review accounting entries, reconciliations, accruals, and provisions
- Ensure accurate financial records in accordance with IFRS
- Prepare the annual budget and financial forecasts
- Monitor actual results against budget and analyze financial variances
- Support feasibility studies and business planning
- Prepare weekly and monthly cash flow forecasts
- Monitor bank balances, collections, payments, and funding requirements
- Manage banking transactions and supplier payment schedules
- Control petty cash, advances, and company expenses
- Monitor customer balances, credit limits, and overdue invoices
Requirements
- Bachelor's degree in Accounting, Finance, or a related field
- CMA, ACCA, CPA, or equivalent qualification preferred
- Minimum 7 years of finance experience, including managerial
- Strong knowledge of IFRS, UAE VAT, Corporate Tax, budgeting, and reporting
- Experience with ERP systems, inventory costing, manufacturing, or trading operations
- Advanced Excel, analytical, leadership, and communication skills
Full Job Posting
Job Purpose
- The Finance Manager is responsible for managing the company's financial operations, ensuring accurate reporting, proper cash flow control, regulatory compliance, strong internal controls, and effective financial support for management decisions.
Key Responsibilities
- Financial Reporting: Manage monthly and annual financial closing; prepare financial statements and management reports; review accounting entries, reconciliations, accruals, and provisions; ensure accurate financial records in accordance with IFRS.
- Budgeting and Planning: Prepare the annual budget and financial forecasts; monitor actual results against budget; analyze financial variances and report to management; support feasibility studies and business planning.
- Cash Flow and Treasury: Prepare weekly and monthly cash flow forecasts; monitor bank balances, collections, payments, and funding requirements; manage banking transactions and supplier payment schedules; control petty cash, advances, and company expenses.
- Receivables and Payables: Monitor customer balances, credit limits, and overdue invoices; coordinate with sales and collection teams; review supplier invoices and payment documents; ensure payments follow approved authorization process.
- Inventory and Cost Control: Review inventory valuation, landed cost, and product costing; monitor raw materials, finished goods, and stock movements; participate in stock counts and investigate inventory differences; review damaged, expired, slow moving, and obsolete stock.
- Tax and Compliance: Ensure compliance with UAE VAT and Corporate Tax regulations; prepare and submit tax returns on time; coordinate external audits and regulatory reviews; maintain complete financial documentation and audit trails.
- Internal Controls and ERP: Develop and maintain finance policies and internal controls; ensure proper segregation of duties and approval levels; review financial access rights in the ERP system; improve financial reports, workflows, approvals, and automation.
- Management Support: Provide profitability, pricing, cost, and margin analysis; support management decisions with accurate financial information; identify opportunities to reduce costs and improve cash flow; review financial risks related to contracts and business activities.
- Team Management: Lead and supervise the finance team; assign responsibilities and monitor performance; provide training on finance procedures, ERP processes, and compliance; ensure all reporting and payment deadlines are achieved.
Qualifications and Experience
- Bachelor's degree in Accounting, Finance, or a related field.
- CMA, ACCA, CPA, or equivalent qualification is preferred.
- Minimum 7 years of finance experience, including managerial.
- Strong knowledge of IFRS, UAE VAT, Corporate Tax, budgeting, and reporting.
- Experience with ERP systems, inventory costing, manufacturing, or trading operations.
- Advanced Excel, analytical, leadership, and communication skills.
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