Finance and Administration Manager - Family Office

Cooper Fitch

Dubai, UAE

Ref: GP932-912

Job description / Role

Employment: Full Time

Finance and Administration Manager - Family Office - Dubai

The client, a large prominent family group, is looking for a Finance and Administration Manager for their Family Office.

The main objective of this position would be to segregate the family members (beneficiaries) financial, operational and administrative requirements from the family business/corporation.

Financial Planning, Management and Control
- Ensuring that the Financial Plan is accurately implemented and duly reviewed and updated.
- Providing various periodical reports to include budget variance, cash flow, accounts receivable and accounts payable.
- Developing the Family Office annual budget by liaising with the Chairman and Group Executive Director.
- Monitoring the budget to ensure tight cash flow control.
- Maintaining accurate financial records.
- Recommending to the Chairman and Group Director any steps necessary to correct budgetary variances during the year so that the budgeted targets can be met.
- Monitoring purchasing and procurement accounts.

Reporting and Line-management
- Reporting regularly to the Director and ALT on relevant financial matters.
- Ensuring that the operations of the Family Office are optimally computerized.
- Coordinating with auditors during annual or periodical controls to ensure compliance with UAE law.
- Monitoring the work of and providing line-management to the Business Office Team.

Administration
- Responsible for all matters related to the operations and administration of the Family Office.
- Communicating effectively with the Family Office stakeholders.
- Facilitate the arrangement of Family Meetings.
- Assist in arranging the travel visas and other travel arrangements of the Family Office stakeholders
- Facilitate the compliance of the Family Members in UAE immigration formalities of their household members
- Facilitate the medical, vehicle and life insurance renewals for the Family Office stakeholders.
- Provide consultancy services on business set up in the UAE for the Family Members.
- Assist Family Members in various asset acquisitions (house, car, business).
- Review and advice regarding service agreements/contracts for the Family Office stakeholders.
- Oversee the household operation of Chairman including HR issues and renovation works.
- Oversee administration of human resources, including but not limited to, maintaining personnel files, assisting with recruitments and orientation procedures, purchasing and maintaining adequate health and other insurance policies, etc.
- Responsible for legal compliance of the Family Office - trade license, etc.

Requirements

- University Degree in Business Administration or Finance
- Experience in working in a family-run business
- Experience in business start up process

Skills/competencies
- Financial advisory skills
- Knowledgeable on Legal/tax and insurance
- Compliance skills
- Professionalism and ethics
- Governance, risk and control
- Stakeholder relationship management
- Leadership and management
- Sustainable management accounting
- Financial management
- Audit and assurance
- Resistant to pressure
- Organized
- Autonomous

About the Company

At Cooper Fitch, we put the customer at the heart of everything we do. We provide recruitment, executive search and human resources advisory services to thousands of clients across the Middle East, we have been delivering services in the region since 1997. Our team is your team, we firmly believe in delivering first class committed search services. It is our mission to help build the best talent in the market. Our services are tailored to your every need, we have spent nearly twenty years developing an extensive database of top tier talent in the region. We also aim to help you protect and retain your people with our world-class assessment, testing and advisory facilities. We provide both valuable market updates and compensation and benefits analysis to complete the full spectrum of human resources services.

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
Customer Support Engineer salaries in Kuwait

Average monthly compensation
KWD 500

Breakdown available for industries, cities and years of experience