Finance Director

Build finance dept. from scratch. strong hands-on experience, strategic & operational skills. He will be leading with board members and external parties. Also, auditing is an asset and implementing an ERP system.

1- Ensure that all of the company’s financial practices are in line in policies. 2-Supervise financial assistants and other employees in the facilitation of day-to-day operations. 3. Seek out methods and practices to minimize financia…

1 Ensure that all of the companys financial practices are in line in policies 2Supervise financial assistants and other employees in the facilitation of daytodayoperations 3 Seek out methods and practices to minimize financial risk 4 Update and implement financial policies and procedures 5 Direct and monitor all financial activity of the company 6 Oversee all accounting work and set up internal and external audits to ensure the accuracy of information 7 Assess company spendings and work to reduce costs

Monitor the day-to-day financial operations within the companyManage financial department staffContract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessaryTrack the company’s financial status and performance to identify areas for potential improvementPrepare a yearly plan for the finance department, including KPIs which reflect the actual financial performance of the companyManage and maintain operating cash flow, investing cash flow, and financing cash flow in order to maintain a proper free cash flowSeek out methods for minimizing financial risk to the companyResearch and analyse financial reports and business trends.Provide insightful information and expectations to senior executives to aid in long-term and short-term decision-making.Review financial data and prepare monthly and annual reports.Compile and submit high quality, timely and accurate financial and loan portfolio reports to AUR management and investors as required.Update and fully implement an appropriate accounting software.Stay up to date with technological advances and accounting software to be used for financial purposes.Establish and maintain financial policies and procedures for the company.Understand and adhere to financial regulations and legislation.Prepare needed financial studies for banks and alternative financing institutions/ organizations.Conduct feasibility studies concerning financing issues to support the decision-making process.Provides ongoing supervision, leadership, support and guidance to Chief Accountant and Head Office Accountant; procurement Officer and Admin Assistant.  Responsibilities include, but are not limited to writing job descriptions, interviewing and selecting staff, orientating new staff, training, developing individual operating plans (with staff), coaching, mentoring, and completing performance appraisals.Train and develop the financial department staff.

A leading Hospitality company in the Middle East

A leading hospitality/sales organization is looking to recruit a Finance Director who will be responsible for the Finance for the Group..

Description

This is a new role that came up due to the Client’s acquisition of two companies. It is a very exciting time to join this growing company, and the profile they are looking for is a qualified Senior Finance (FD, Head of Finance) professional who has dealt with M&A issues and integration before.

While this is a strategic role reporting in to the CEO, the successful candidate still needs to be hands on and operational due to the nature of the business.

• Establish and maintain Division accounting policies, procedures and controls in accordance with Dubai requirements, US Generally Accepted Accounting Principles (GAAP) and corporate requirements.
• Prepare financial reports in accordance with corporate requirement.
• Prepare financial reports and analysis to support corporate tax compliance.
• Establish and monitor financial controls to safeguard Divisional/Corporate assets. Monitor cost closely to maintain margin forecast and control all SG&A expenses
• Maintain adequate accruals trough periodic formals analysis and funding requirement. Implement cost efficient information systems to collect; report and analyze cost and operational data.
• Provide cost forecast updates as required.
• Provide decision support capability for other functional/process areas.
• Lead budgeting and forecasting process.
• Coordinate Divisional response to external and internal financial and tax audits.
• Administer policies and procedures relative to credit control including analysis and approval or rejection on the basis of financial history of existing and potential customers.
• Direct the planning and development of credit policies, procedures and arrangements to attract additional business within the limits of sound financial policy.
• Interface with Controllers of other Division of the Company on the intercompany transactions.
• Professionally represent the Division with person outside the Company such as outside auditors, bankers, sales tax auditors, customers, vendors, etc.

The Candidate

• Qualified Accountant
• Needs to have M&A experience
• Strategic thinking
• Professional written and verbal communication and interpersonal skills.
• Strong Problem solving and creativity skills and the ability to exercise sound judgement by making decisions based on accurate and timely analyses.

Job Description : * Form a close working relationship with the company’s Vice President of Finance and other Senior Executives and Non Executives. * Provide leadership to the department and Accounting strategy, to optimise the company’s fin…