Finance Manager

Dubai, UAE

Ref: HP647-1512

Job description / Role

Employment: Full Time

Our client, a growing reputable group is currently recruiting a Finance Manager for the Automotive Business. This position is reporting to the General Manager and Group Finance Director.

Job Objectives:
To support the set up and operations (Sales & After Sales)-To support in Budgeting/Forecasting/MIS reporting & achievement of KPIs. To ensure Compliance & policies, cash control, credit controls etc. and adherence to local statutory and regulatory regulations to ensure the timely and accurate provisions of management information to all relevant business users

Responsibilities:
- Support in the setup of the ERP system of the company in a phased manner
- Support in the setup of accounting and financial reporting
- Prepare the Standard Operating Procedures for the finance functions for sales and after sales divisions
- Forecasting cash flow, working capital requirements and the P&L
- Manage the cash and bank and make appropriate cash calls from the company
- Maintain records of the operating costs of the branch's on a daily/ weekly/ monthly basis
- Maintain records of Sales and comparison with the targets.
- Provide business unit wise trial balance, balance sheet and P&L Statements on a periodic basis
- Provide financial information as required by the Group
- Providing timely reporting of Issues to the management
- Assist in devising the financing options provided to customers
- Maintaining debtors collection/ ageing records
- Dealing with OEMs for supply commitments, payments and refunds
- Dealing with the Banks for LC and financing
- Making adequate provisions for doubtful recovery of bets based on management reviews
- Making adequate provisions for warranty provisions
- Ensure that the Group overhead allocation to the company is appropriate and is accounted

External Reporting Relationships:
- OEMs and other suppliers of the company
- Bank Representatives of the company
- Government representatives for utility and immigration purpose
- Statutory Auditors

Performance Criteria (KPI):
- Excellent demonstration of financial accounting, Oracle Fusion and MIS reporting
- Hands on support in planning and business analysis
- Contribution towards maximizing the efficiencies in procurements and disbursement process
- Optimum use of Management tools and processes
- Proactive approach and problem solving mind-set
- Maintenance of agreed Working Capital throughout

Requirements

- Chartered Accountant/ MBA Finance/Masters Degree for Commerce from a recognized university
- Minimum of 5 years experience in the capacity to lead finance function for an Automotive Business
- Excellent working experience of Microsoft Office
- Excellent presentation and communication skills
- Good working experience of Oracle/ SAP
- Excellent Analytical Review and Financial Reporting skills

About the Company

We lead in the creation and delivery of innovative workforce solutions and services that enable our clients to win in the changing world of work.

ManpowerGroup powers the success of many of the world's most dynamic organizations. We deliver innovative workforce solutions that enhance competitiveness, increase efficiency and spur productivity. Combining global reach with local expertise - 3600 offices in over 80 countries - we know the changing world of work and bring a deep understanding of the companies we work for and the industries we service.

ManpowerGroup entered the Middle East in December 2007 after acquiring local company Clarendon Parker, thus bringing 15 years in-depth local knowledge combined with a global footprint and industry shaping expertise and thought leadership. Manpower Middle East supports clients in the Middle East and North Africa regions. Our business is aligned to key skill specializations to ensure our clients requirements are met by expert and knowledgeable consultants that understand your industry and role requirement.

Our consultants are experts in finding the right talent across all industries in a broad-range of occupations including: