Finance Director
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Company
A leading Hospitality company in the Middle East
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Location
UAE - Dubai
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Remuneration
AED 40,000 - 51,000
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Experience
6 - 8 Years
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Position Type
Full Time
CR Ref. No.
1455703321
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.
Principal Duties & Responsibilities:
- 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.
- Must be very hands on and operational