Finance and Accounts Manager

Role Title: Finance and Accounts Manager

Department: Finance &Accounts
Reporting to: Chief Finance Officer

Location: Fujairah UAE

Salary Package: 18,000 AED + Family Status

EXPERIENCE AND QUALIFICATIONS

• Experience: Minimum 8–10 years of progressive experience in Finance and Accounting, with at least 3 years in a managerial role within a manufacturing or industrial environment (preferably construction materials).
• Education: Bachelor’s Degree in Finance, Accounting, or Economics.
• Professional certification- (CPA, CMA, ACCA, or CA) is highly preferred.
• Industry Knowledge: Deep understanding of manufacturing cost accounting, inventory management, and export-import financial regulations.

Required Skills

• Technical: Advanced proficiency in ERP systems (such as SAP, Oracle, or Microsoft Dynamics) and expert-level MS Excel.
• Analytical: Strong ability to interpret complex financial data and translate it into actionable strategic advice for the General Manager.
• Communication: Excellent professional communication and negotiation skills for dealing with banks, auditors, and stakeholders.
• Leadership: Proven ability to manage a team, handle high-pressure deadlines, and maintain strict confidentiality.

ROLE ACCOUNTABILITIES

• Financial Governance: Oversight of all accounting operations including G/L, A/R, A/P, and Payroll. Ensure 100% accuracy in ERP financial data.
• Treasury & Cash Flow: Manage company liquidity, bank facilities, and fund requirements. Monitor customer payment cycles and credit limits.
• Budgeting & Analysis: Lead annual budget preparation and monthly variance analysis to ensure the business stays within financial targets.
• Tax & Compliance: Manage VAT filings, ensure compliance with IFRS, and handle all local and international tax regulations.
• Audit Management: Act as the primary lead for internal and external audits, ensuring all documentation is ready and compliant.
• Commercial Finance: Review Letters of Credit (LC), bank guarantees, and credit insurance to support sales and export activities.
• Cost Management: Monitor manufacturing costs (COGS) and overheads. Partner with Production and Logistics to identify cost-saving initiatives.
• Process Improvement: Drive the automation of financial processes within the ERP system to increase departmental efficiency.

KEY PERFORMANCE INDICATORS (KPIs)

· Reporting Timeliness (10%): Monthly financial closing and reporting submitted by the 5th of every month.

· Audit Cleanliness (10%): Zero material findings or non-conformities in annual external audits.

· DSO Management (10%): Maintain Days Sales Outstanding (DSO) within the company-defined target (e.g., 60-90 days).

· Budget Variance (10%): Keep departmental and production overhead variances within ±5% of the approved budget.

· Tax Compliance (10%): 100% accuracy and on-time filing of VAT and other statutory returns.

· Cash Flow Optimization (10%): Ensure zero disruptions in operations due to liquidity or fund availability.

· ERP Accuracy (10%): Ensure the finance module reflects real-time data with zero reconciliation errors.

· Cost Reduction (10%): Implementation of at least one significant cost-saving or process-efficiency initiative annually.

· LC/Document Processing (10%): Timely clearance of bank documentation to ensure no delays in export shipments.

· Team Development (10%): Effectiveness in training and managing the finance team and ensuring error-free data entry.

Job Types: Full-time, Permanent

Pay: Up to AED18,000.00 per month