Financial Controller

Mackenzie Jones

Dubai, UAE

Ref: HP279-3357

Job description / Role

Employment: Full Time

Our client is a privately owned family conglomerate led by a high profile team of international industry professionals.

The Financial Controller will be responsible for all aspects of Group financial management and monitoring of the internal control environment. The role is based in the client’s Dubai Office.

Preparation of accounts
- Ensure the preparation of timely and accurate monthly management accounts and reports for operational management
- Responsibility for all journals and final GL balances including review of month end balance sheet reconciliations and control accounts
- Ensure the accuracy and integrity of the Group’s accounting records and financial systems
- Production of statutory accounts for the Group and its various subsidiary companies as and when required in accordance with the relevant accounting principles and the legislation of the countries in which they operate
- Play a full part in providing relevant & timely financial information to the Main Board to enable a balanced and objective assessment of the Group’s strategy and objectives

Budgets and forecasts
- Preparation of budgets, forecasts and business plans and continued monitoring & review of performance against budgeted forecasts to enable robust reporting of variances to the Board and third party stakeholders

Financial management & controls
- Effectively manage the working capital components of the Group with specific attention to stock, debtors and cash balances
- Active management of overheads whilst seeking out areas for efficiencies for savings
- Overseeing monthly processing of payroll and payments to employees
- Review and update, in line with good practice, the Group’s internal control environment and produce a Controls and Procedures manual for review and adoption by management
- To assist the Finance Director in respect of periodic reports to the Group’s Audit Committee explaining the processes adopted and undertaken by management to keep under regular review the effectiveness of internal controls covering financial, operational & compliance controls
- Play an active role in assisting management in the risk assessment process and embedding a risk management culture throughout the organization

Taxation
- Support the Finance Director in the development and execution of the Group’s taxation strategy
- Ensure returns for Corporation tax, VAT and other relevant taxes are submitted, payments made on time and all relevant regulations are complied with
- Information technology
- To take a lead role in the implementation of the GP accounting system
- Working closely with IT to ensure users have access to the key components of the accounting system, receive adequate training and have the essential reports readily available to facilitate decision making and problem solving

Staff
- Effectively manage, motivate and develop the Finance department
- Supervise & review performance of individuals in the team
- Implementation of a change management culture by challenging & replacing established processes and procedures where necessary
- Give direction and leadership towards the achievement of each division’s strategy and its annual goals and objectives
- Liaise with different departments to ensure the Finance department is properly supporting the needs of the operating businesses

General
- Manage relationships with auditors, tax advisers, brokers, bankers and other parties as directed by the CEO and the Chairman
- Keep key stakeholders up to date on progress against key milestones
- Ensure the CEO and Board is kept informed of industry developments which are relevant to the operation of an efficient finance function
- Carry out any further tasks for which the candidates’ qualifications & experience are suited as directed by the Company

Requirements

- BA/BS degree in Finance
- CPA is preferable
- Minimum of 7-9 years in Finance

Skills:
- Managing Processes, Financial Software, Developing Standards, Audit, Accounting, Corporate Finance, Tracking Budget Expenses, Financial Skills, Analysing Information, Developing Budgets, Performance Management

Attributes:
- Ability to develop, manage and supervise a staff team
- Ability to share skills and knowledge with others
- Ability to cope with conflict, stress and crisis situations
- Ability to see details at a close range
- Ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules
- Fluent in Arabic and English

About the Company

Mackenzie Jones Middle East has decades of recruitment expertise in various industry sectors. Along with a deep understanding of key market sectors and regions, we never forget to treat clients, companies and candidates as individuals who have unique needs.

So we always listen, constantly learn, occasionally challenge and frequently advise. Its all part of a service renowned for its courtesy, consideration and dedication. Based in Dubai since 2006, our office covers the GCC and Levant countries and with the right regional expertise, we are the leading specialists.

Were growing rapidly because people appreciate our honesty, commitment and results.

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Mechanical Engineer salaries in Bahrain

Average monthly compensation
BHD 550

Breakdown available for industries, cities and years of experience