Finance Manager

Michael Page

UAE

Posted
Ref: HP350-7841

Job description / Role

Employment: Full Time

Our client is a growing manufacturer supplying renowned international clients. It aims to be a leader in its niche sector with a clear growth and development strategy.

Client Details

Our client is a growing manufacturer supplying renowned international clients. It aims to be a leader in its niche sector with a clear growth and development strategy.

We are actively hiring a Finance Manager possessing strong finance and manufacturing skills such as budgeting, reporting and forecasting along with an experience in UAE VAT reporting or Corporate Tax.

Part of a larger holding company, the offices are based in Al Ain and you will join an established finance team and be the second person in command in finance.

If you are a dynamic and senior finance professional seeking a challenging opportunity in the manufacturing industry, we would be glad to hear from you!

Description

* Oversee the development and implementation of the manufacturing budget, including forecasting revenue, expenses, and cash flow. Conduct variance analysis to identify and address financial performance deviations.
* Lead efforts to optimize manufacturing costs across the entire production process. This could involve implementing cost-saving measures, negotiating with vendors, and identifying areas for efficiency improvement.
* Ensure the accuracy and timeliness of financial statements (profit & loss, balance sheet, cash flow) according to IFRS standards.
* Partner with the Commercial Department to prepare compelling financial models and business cases for bids and proposals.
* Build and maintain relationships with key stakeholders in banking institutions and government agencies.
* Manage all cash management functions including cash concentration and account funding, and ensure adequate liquidity for working capital needs and invest short term excess cash.
* Direct the planning, execution and reporting of year end audit.
* Serve as the principal contact with the external auditors, and ensure that they are provided close cooperation and assistance.
* Evaluate the financial feasibility of new manufacturing projects and initiatives. This may involve capital expenditure analysis, return on investment (ROI) calculations, and risk assessments.
* Implement strategies to optimize working capital by managing inventory levels, receivables, and payables. Ensure sufficient liquidity to support ongoing manufacturing operations.
* Partner with senior leadership across the manufacturing organization to provide financial insights and recommendations that support strategic decision-making and business growth objectives.
* Manage a team and be actively involved in fostering the development of the team-members.

Job Offer

* Competitive salary and benefits package (including schooling allowance)
* Permanent full-time role
* Opportunity to work in a leading, dynamic and fast-paced group
* Contribute to the success of a renowned company
* Team leader role offering responsibilities and leadership

Requirements:

* CA, CPA or ACCA qualification is a must (no other qualification would be considered at this stage)
* A minimum of 8 years of experience in the finance function, with a recent and concrete experience in the manufacturing industry (minimum 4 years)
* Hands-on experience with ERP systems such as SAP, Oracle or Microsoft Dynamics. SAP 4HANA is a plus.
* Strong experience of IFRS reporting principles
* A hands-on experience, or a relevant exposure to, VAT and/or corporate tax
* Well versed in end-to-end budgeting and forecasting processes
* BIG4 background is highly desirable.
* Proven experience in people management or leadership position is a must.
* Willingness to relocate to Al Ain

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 Manager salaries in UAE

Average monthly compensation
AED 17,000

Breakdown available for industries, cities and years of experience