Finance Manager – The Thought Factory DMCC – Dubai

We have been currently seeking to hire the aforementioned vacancy for a renowned University located in the United Arab Emirates.

Overall Responsibilities:

  • The FM plans, directs, and undertake all accounting duties in a timely and accurate manner.
  • Assist MD in formulating the company’s strategic directions and supporting new initiatives.
  • Make sure that the management has all of the necessary data to exercise its responsibilities and decisions linked to business properly.
  • Provide leadership, management and direction of finance and accounting team.
  • Make sure that the TAX compliance have already been implemented & followed in the business.
  • Processing payroll, closing the books of accounts monthly and maintaining the accounts receivable and payable current and also other reporting structure.
  • Prepares financial data and reports as requested by higher management.
  • Prepares accurate and timely financial statements and reports.
  • Applied accounting procedures and principles and analyses financial information.

Finance

  • Develop and implement goals, policies, procedures and priorities associated with financial management, budgeting, accounting, and payroll.
  • Provide strategic recommendations to the MD and members of the executive management team.
  • Lead and manage the procedure for financial budgets and forecasting, and oversee the preparation of most finance, management and accounting reporting.
  • Advise the management on longterm business and financial planning.
  • Make sure that the control, performance and monitoring standards and mechanisms come in place for several financial related matters.
  • Make sure that the main element financial procedures and policies come in place and effectively followed.
  • Identify opportunities and propose new ways of improving existing operations with a concentrate on important thing results.
  • Make sure that the main element performance indicators are developed, monitored and implemented for reporting areas.
  • Make sure that the external audits are continued time and so are in compliance with related IFRS.
  • Analyse financial recommend and information or develop efficient usage of resources and procedures, provide strategic recommendations and keep maintaining answers to business and financial problems.
  • Develop and keep maintaining financial database.
  • Ensure accurate and appropriate recording and analysis of expenses and revenues.
  • Analyse and advise on business operations including expenditure and revenue trends, financial commitments and future revenues.
  • Prepare and effectively manage the money flow statements of the business at all of the right time.

Operations

  • In charge of the entry and maintenance of accounting records showing receipts and expenditures.
  • Register all bank transfers to the ERP alongside monthly bank reconciliation.
  • Monitor preparing credit and refunds notes ensuring conditions and terms are applied and discussing exceptions with the management team.
  • Manage all payment approvals (seek management approval where required)
  • Manage accounts receivable and accounts payable all the time and support team where required.
  • Timely and accurate processing of most final end of service settlement payments for staff.
  • Managing bank accounts and sending notifications of remittances received
  • General ledger operations
  • Monitoring Petty cash management
  • Monitor cheques for bank deposits along with other cheque payments
  • Oversee risk management and legal activities: letter of agreements, MOU’s contracts, along with other legal documents
  • Manage with HR all property along with other general business insurances
  • Perform other associated duties where appropriate as directed by the MD

Job Type: Full-time

Salary: AED15,000.00 – AED17,000.00 monthly

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