Finance Controller

Job description / Role

We are looking for a reliable Financial Controller that will analyze every day financial activities and subsequently provide advice and guidance to upper management on future financial plans. The goal is to enable the company’s leaders to make sound business decisions and meet the company’s objectives.

• Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
• Advise on investment activities and provide strategies that the company should take
• Maintain the financial health of the organization.
• Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
• Develop trends and projections for the firm’s finances.
• Work closely with key stakeholders within the business (segment heads, product heads and channel heads) to ensure that management information produced remains relevant and aids decision making
• To adjust the structure of the accounts as per the IFRS standard and using globally accepted terminologies in all areas. With proper enhancement of our Focus ERP system the company should be Capable to generate proper group reports and individual company reports in tune with the legal requirements in UAE
• To completely and fully manage the new ERP implementation of Microsoft Dynamics
• To make sure the account team is fully trained to correctly input the financial transactions into the account/ERP system and crosscheck to make sure all is done correctly
• To make sure all the reserves and provisions are taken correctly and the team is perfectly trained and understood the logic behind
• To design easy to understand financial reports for all departments including management and make sure such reports are generated and studied on regular basis
• Train the managers how to monitor financial activities of the company based on financial reports generated on regular basis
• To enhance performance of the accounts team by training or by new recruitment
• To assure the financial books of the company are always kept updated and daily reports reflect the most current financial status of the company.
• Assist in formulating the company's future direction and supporting tactical initiatives
• Monitor and direct the implementation of strategic business plans
• Develop financial and tax strategies
• Manage the capital request and budgeting processes
• Develop performance measures that support the company's strategic direction
• Understand and mitigate key elements of the company's risk profile
• Monitor all open legal issues involving the company, and legal issues affecting the industry
• Construct and monitor reliable control systems
• Maintain appropriate insurance coverage
• Ensure that the company complies with all legal and regulatory requirements
• Ensure that record keeping meets the requirements of auditors and government agencies
• Report risk issues to the audit committee of the board of directors
• Maintain relations with external auditors and investigate their findings and recommendations

Requirements

• Proven experience as a Financial Manager
• Trading experience is must lubricants industry will be an added advantage
• Extensive understanding of financial trends both within the company and general market patterns
• Proficient user of Microsoft Dynamics / Focus
• Strong interpersonal, communication and presentation skills
• Able to manage, guide and lead employees to ensure appropriate financial processes are being used
• A solid understanding of financial statistics and accounting principles
• Working knowledge of all statutory legislation and regulations
• Professional qualification such as CA/CPA

About the Company

Caspian Chemical is a well-known supplier of chemical raw materials mainly to the Middle East, Subcontinent and African countries with more than 50 years of experience. We supply high quality products from well-known multinational principals to the Lubricants, Rubber, Coating, Foam and Adhesives industries. We are proud to hold solid reputation within the market for being a strong competitor as well as an employer of the choice.