Ref: HP350-3482

Job description / Role

Employment: Full Time

Our client is a European based product & service provider entering the region in a joint venture with a leading Local Group that will be based in Abu Dhabi. The service provider is looking to hire an experienced Finance Director to take ownership over the finance space with close collaboration with their Finance team in their HQ in Europe.

Reporting directly to the Regional Finance & Controlling team in the HQ and the CEO; this Finance Director will be responsible to/for:
• Prepare or generate the annual business plan/ budget, and the annual financial reporting in line with defined processes. Initiate corrective actions if needed; where appropriate: Finalize statutory accounts
• Generate the reports of the country including monthly country forecasts and forward the results to the CEO and Regional Finance and Controlling; generate reports and information based on ad-hoc request
• Support CSC GMs in monitoring the achievement of financial objectives. Initiate corrective actions if necessary in cooperation with Italy GM and CSC GMs
• Ensure the integrity of books & records, ensure an efficient and effective cash and treasury management for the country
• Implement guidelines and policies established by the LSG and the CEO of to control cash flows by administering payments to vendors and service providers, customer credit terms, days sales outstanding and collection protocol
• Coordinate administrative and financial areas, ensuring the correct carrying out of the company fiscal, commercial and financial fulfillment
• Ensure correctness of annual financial statements, company key figures and indicators contained in the balance (operating and consolidated) sheet and the data quality and integrity of the Country data in the Management Information System
• Guarantee correct financial management in terms of treasury, cash flow, credit management, debt and overdue management and investments
• Implement effective internal control processes / controlling activities in the country; ensure compliance with them
• Develop specific country KPI's in co-operation with the CEO
• Ensure relations with external & internal Auditors

Requirements

The successful candidate for this Finance Director;
• Should be Professionally Qualified & should have experience with MNC; retail desired
• Should have experience with setting up legal entities (for retail companies) of any MNC in the UAE
• Hands on experience with building finance teams, building processes and setting procedures
• Commercially astute, technically strong with ability to operate on operational as well as strategic level
• Strong communication skills and the ability to take ownership and lead a team

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.

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Finance Director salaries in UAE

Average monthly compensation
AED 64,000

Breakdown available for industries, cities and years of experience