Manager - Accounts and Finance

JobsCloseBy Editorial Insights

Apparel Group in the United Arab Emirates is seeking a Manager, Accounts and Finance, for a full-time onsite role to lead financial reporting, accounting operations, budgeting and forecasting, compliance and audit activities, financial analysis, cash flow management, and team leadership. You will prepare monthly, quarterly, and annual financial statements, ensure IFRS GAAP compliance, review journal entries and reconciliations, supervise accounts payable, accounts receivable, payroll and the general ledger, strengthen internal controls, and drive timely month-end and year-end closings. The role also covers budgeting with variance analysis, regulatory and tax compliance, external audit coordination, strategic financial insights, and liquidity management. To apply, emphasize leadership, accuracy, and measurable results, showcase UAE regulatory experience and ERP proficiency, and include concrete examples of cost savings or process improvements, plus a concise cover letter illustrating collaboration with other departments and impact on business decisions.

1. Financial Reporting:

   • Prepare accurate monthly, quarterly, and annual financial statements (Income Statement, Balance Sheet, and Cash Flow).
   • Ensure compliance with accounting standards (IFRS, GAAP, or other relevant local standards).
   • Review journal entries, account reconciliations, and financial reports for accuracy and completeness.

2. Accounting Operations:

   • Supervise the day-to-day accounting activities, including accounts payable, accounts receivable, payroll, and general ledger.
   • Ensure proper internal controls to safeguard company assets and financial data.
   • Manage monthly and year-end closing procedures.

3. Budgeting & Forecasting:

   • Assist in the preparation of the company’s annual budget and periodic financial forecasts.
   • Monitor actual performance against the budget and provide variance analysis.
   • Provide insights into potential cost-saving opportunities and financial risks.

4. Compliance & Audit:

   • Ensure compliance with tax laws and regulatory requirements.
   • Coordinate with external auditors during annual audits and ensure timely completion of audits.
   • Monitor adherence to financial policies, procedures, and regulations.

5. Financial Analysis:

   • Provide financial analysis and reports to support management in decision-making.
   • Perform profitability analysis and identify areas for improvement.
   • Evaluate financial performance and suggest strategies for optimization.

6. Cash Flow Management:

   • Oversee cash flow management, ensuring sufficient funds are available for daily operations.
   • Manage bank relationships, cash position, and liquidity.

7. Team Leadership:

   • Lead and manage the accounts and finance team, providing guidance, training, and performance evaluations.
   • Collaborate with other departments to ensure smooth financial operations and support company goals.

8. Ad-hoc Duties:

   • Handle special financial projects as required.

Keep updated with changes in financial regulations, trends, and best practices.