Finance Manager

Job Description

Finance Manager – Arabic Speaking Required

Company: Dr. Scent

Location: Sharjah, UAE

Department: Finance

Reports To: General Manager

Employment Type: Full-Time

Job Purpose

The Finance Manager is responsible for managing the company’s financial operations, ensuring accurate reporting, proper cash-flow control, regulatory compliance, strong internal controls, and effective financial support for management decisions.

Key Responsibilities

Financial Reporting

• Manage monthly and annual financial closing.
• Prepare financial statements and management reports.
• Review accounting entries, reconciliations, accruals, and provisions.
• Ensure accurate financial records in accordance with IFRS.

Budgeting and Planning

• Prepare the annual budget and financial forecasts.
• Monitor actual results against budget.
• Analyze financial variances and report them to management.
• Support feasibility studies and business planning.

Cash Flow and Treasury

• Prepare weekly and monthly cash-flow forecasts.
• Monitor bank balances, collections, payments, and funding requirements.
• Manage banking transactions and supplier payment schedules.
• Control petty cash, advances, and company expenses.

Receivables and Payables

• Monitor customer balances, credit limits, and overdue invoices.
• Coordinate with the sales and collection teams.
• Review supplier invoices and payment documents.
• Ensure payments follow the approved authorization process.

Inventory and Cost Control

• Review inventory valuation, landed cost, and product costing.
• Monitor raw materials, finished goods, and stock movements.
• Participate in stock counts and investigate inventory differences.
• Review damaged, expired, slow-moving, and obsolete stock.

Tax and Compliance

• Ensure compliance with UAE VAT and Corporate Tax regulations.
• Prepare and submit tax returns on time.
• Coordinate external audits and regulatory reviews.
• Maintain complete financial documentation and audit trails.

Internal Controls and ERP

• Develop and maintain finance policies and internal controls.
• Ensure proper segregation of duties and approval levels.
• Review financial access rights in the ERP system.
• Improve financial reports, workflows, approvals, and automation.

Management Support

• Provide profitability, pricing, cost, and margin analysis.
• Support management decisions with accurate financial information.
• Identify opportunities to reduce costs and improve cash flow.
• Review financial risks related to contracts and business activities.

Team Management

• Lead and supervise the finance team.
• Assign responsibilities and monitor performance.
• Provide training on finance procedures, ERP processes, and compliance.
• Ensure all reporting and payment deadlines are achieved.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• CMA, ACCA, CPA, or equivalent qualification is preferred.
• Minimum 7 experience years of finance experience, including managerial.
• Strong knowledge of IFRS, UAE VAT, Corporate Tax, budgeting, and reporting.
• Experience with ERP systems, inventory costing, manufacturing, or trading operations.
• Advanced Excel, analytical, leadership, and communication skills.