Qureos

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Finance Manager

Dubai, United Arab Emirates

Restaurant background is a must

This is an excellent opportunity to join a Dubai based franchisee within the GCC market. The restaurants are established and profitable with a strong brand name. We are looking for an ambitious Finance Manager who is able and willing to support with his experience the expansion of the restaurant chain within the UAE and GCC market.

This is a key position where you will be responsible for monthly management accounts, contract ledger reports, cash flow and forecasting. In addition, you will lead the preparation of annual budgets, strategic planning and take responsibility for statutory accounts for audit. The finance manager will lead the current accounts team consisting of dedicated professionals and will supervise their work, head the company's finance department, and report to the top management and stakeholders.

The role will include:

* Providing Monthly MIS reports to the management and highlighting critical areas of performance

* Monthly Bank Reconciliation

* Maintaining cash-flow

* Prepare Annual budget for the company

* Supervise monthly Payroll and compute employee indemnity in accordance with UAE Labour law

* Compute VAT Returns

* Provide Break-Even Analysis and Feasibility studies for the new as well as existing projects

* Ensure timely Audit for the company Accounts

* Negotiate facilities with bank

* Negotiate with suppliers regarding credit facilities

* Provide support to the Franchise

* Reconciling Supplier accounts to supplier statements

* 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.

Skills and Qualifications:

* The selected candidate must have at least 10 years of experience in a F&B industry and minimum of 3 years on a management level.

* Experience in franchising and franchisee management.

* Strong knowledge of food and beverage operations, service standards, and UAE related regulations

* Knowledge of budgeting, inventory control, and cost management

* Chartered Accountant is a must (CPA/ACCA)

* Master’s Degree with specialization related to F&B will be an added advantage.

* Excellent Microsoft Excel Skills

* Knowledge of Power BI Tool will be an added advantage.

* Excellent communication skills (Written & Verbal)

* Experience with ERP systems such as Microsoft dynamics/Oracle/Odoo

Preferred Attributes:

* Customer-focused with a passion for delivering high-quality dining experiences

* Strong problem-solving and decision-making abilities

* Ability to work collaboratively with a multicultural team

* Fluent in English; knowledge of Arabic or other languages is an advantage

Job Type: Full-time

Experience:

  • F&B: 10 years (Required)

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