Finance Manager

Job Description: Finance Manager

Industry: Manpower Supply / Staffing / Outsourcing
Location: UAE

Job Purpose

The Finance Manager is responsible for overall financial management, control, and compliance of the manpower supply business. This role ensures timely payroll & WPS processing, strong cash-flow management, accurate financial reporting, statutory compliance, and supports management in decision-making to maintain profitability and business sustainability.

Key Responsibilities

1. Financial Planning, Control & Reporting

• Prepare and monitor annual budgets, forecasts, and cash-flow projections.
• Produce monthly MIS reports covering P&L, balance sheet, cash flow, and site-wise profitability.
• Analyze variances between budgeted and actual results and recommend corrective actions.
• Ensure accurate and timely month-end and year-end closings.
• Support management with financial insights for pricing, margin improvement, and cost control.

2. Payroll, WPS & Employee Cost Management

• Oversee payroll processing for manpower workforce ensuring accuracy and timeliness.
• Ensure full compliance with UAE WPS regulations and salary protection requirements.
• Monitor overtime, allowances, deductions, and leave settlements.
• Coordinate with HR and operations to reconcile attendance, timesheets, and payroll costs.
• Manage gratuity provisioning and end-of-service benefits.

3. Accounts Receivable & Credit Control

• Oversee invoicing and ensure alignment with client contracts, timesheets, and rates.
• Supervise credit control and collection activities to maintain healthy cash flow.
• Monitor aging reports, approve credit limits, and manage client payment terms.
• Escalate and resolve major payment delays and disputes with clients.
• Ensure receivables exposure is controlled against payroll and operational commitments.
• Continuously track security cheque coverage in relation to outstanding balances and take appropriate preventive measures where receivables exceed secured limits to avoid potential legal exposure.

4. Accounts Payable & Cost Management

• Manage supplier payments, subcontractors, accommodation, transport, and camp-related expenses.
• Ensure payments are made on time to avoid operational disruption.
• Negotiate better terms with vendors where possible.
• Monitor fixed and variable operational costs to protect margins.

5. Compliance, Audit & Statutory Obligations

• Ensure compliance with UAE VAT regulations, including VAT filings and reconciliations.
• Liaise with external auditors for annual audits and ensure clean audit reports.
• Coordinate with banks, tax consultants, and regulatory authorities as required.
• Ensure compliance with UAE Labour Law financial obligations.
• Maintain proper financial documentation for inspections and audits.

6. Contract Pricing & Commercial Support

• Support management and sales teams with manpower costing, pricing models, and margin analysis.
• Review commercial terms in manpower supply contracts (payment terms, penalties, retention).
• Ensure pricing adequately covers payroll, overheads, statutory costs, and risk.
• Advise on financial risks in new contracts or expansions.

7. Systems, Controls & Process Improvement

• Implement and strengthen internal financial controls.
• Ensure proper segregation of duties and approval limits.
• Optimize use of ERP / accounting systems (Tally, SAP, Zoho, Oracle, etc.).
• Improve automation of payroll, billing, and receivable tracking.
• Develop SOPs for finance and accounts functions.

8. Team Leadership & Coordination

• Lead and manage finance and accounts team members.
• Train team on compliance, reporting, and best practices.
• Coordinate closely with Operations, HR, Recruitment, and Credit Control teams.
• Ensure smooth inter-departmental workflows

Qualifications

• Bachelor’s degree in: Accounting/ Finance/ Commerce/ Business Administration (Finance), MBA (Finance) - Nice to have
• 6 to 9 years of total finance & accounts experience. Minimum 3–5 years in UAE
• Required experience in Manpower Supply / Staffing / Contracting/ Constructions/ Engineering OR similar payroll-heavy business
• End-to-end payroll & WPS processing
• UAE VAT filing & reconciliation
• Manpower invoicing based on timesheets
• Receivables & credit control follow-ups
• Payroll provisioning (gratuity, leave salary)
• Month-end closing & MIS reporting
• Strong working knowledge of ERP
• Advanced Excel (pivot tables, lookups, reconciliations)

Job Types: Full-time, Permanent

Pay: AED8,000.00 - AED9,000.00 per month