Finance Manager

Job Description

About the job

Who we are?

In Silal, our mandate is to diversify food sources and stimulate manufacturing and distribution in the agri-food sector in the UAE and beyond. As a part of ADQ, one of the region’s largest holding companies, Silal is emerging as one of the sector’s leading and most ambitious players.

Position Overview

Manager – Finance is responsible for Managing Silal’s daily accounting operations and transactions and ensure that all journal entries and ledger balances are accurate and correctly recorded. This includes maintaining internal accounting controls and ensuring compliance with financial policies and regulations.

Position Responsibilities:

Key Responsibilities as Manager – Finance will include the following:

• Manage the daily accounting records and ensure that all journal entries are completed on a timely basis to support period/year end closing (i.e., adjusting entries, accruals and reconciliation)
• Ensure that all Silal’s transactions comply with financial regulations, monitor accounting data on a regular basis and recommend improvements where necessary
• Manage the trial balance analysis process at the end of accounting periods, ensure that all accounting entries are correctly recorded and that all ledger balances are accurately extracted to support in drafting and generating financial statements
• Maintain internal accounting controls by establishing a chart of accounts and by defining and enforcing accounting policies and procedures across Silal in order to sustain financial security
• Ensure adequate and periodic maintenance of the chart of accounts
• Identify and recommend improvements to the monthly closing process and recommend changes/improvements to increase effectiveness and efficiency
• Manage the maintenance and update of Silal’s General Ledger accounts
• Manage the maintenance of Silal’s inventory related activities such as transfers and inventory count and ensure compliance with the inventory and warehouse policies and regulations
• Manage the closing process monthly, quarterly and annually
• Prepare monthly and Year End Financial reports, coordinate external audit review
• Review vendor invoices, supporting documents and journal entry in liaison with contracts and procurement and as per policies and procedures
• Manage payroll processing activities and end of service payments and maintain records while ensuring that calculations are properly reviewed in close collaboration with the HR department
• Manage insurance policies, capitalization and insurance claims of fixed assets as per policies and procedures while ensuring that entries and ledgers are updated accordingly
• Prepare and file VAT return.

Position Requirements:

In order to be successful in this role, you should have

• Bachelor’s degree in a relevant field
• Masters’ degree is preferable
• Professional certification such as CPA/CFA or equivalent is preferable
• Minimum of 7 years of relevant experience, with 4 years in a managerial position.

As Silal’s Talent Acquisition team, we encourage all interested candidates to review the key responsibilities and qualifications for each role and apply for any positions that match their skills and capabilities. All qualified applicants will be reviewed, however due to the high volume of applicants, only shortlisted candidates will be contacted.

Requirements added by the job poster

• Bachelor’s Degree

• 4+ years of work experience with Financial Analysis