Finance Manager

Hashemizadeh Trading CO LLC

Negotiable

Nad Al Hamar, Dubai, UAE

Full Time

5-10 Years

Any

Bachelors Degree

Posted 13 hours ago

Job Details

The Finance Manager is responsible for leading the Company's finance function by ensuring sound financial management, regulatory compliance, robust financial controls, and the timely delivery of accurate financial information. The role provides strategic financial leadership by partnering with business functions to improve profitability, support commercial decision-making, and drive sustainable business growth.
As a key member of the management team, the Finance Manager oversees accounting operations, financial planning and analysis, budgeting, forecasting, profitability management, treasury, taxation, and financial reporting while serving as the primary financial business partner to Sales, Marketing, Operations, Supply Chain, Procurement, and Human Resources.
Working within a fast-paced FMCG environment, the Finance Manager combines strong technical accounting expertise with commercial acumen to maximize financial performance, optimize costs, improve operational efficiency, and support strategic initiatives.

Main Duties:
1. Financial Leadership
• Lead and manage the Finance Department, ensuring effective financial governance and operational excellence.
• Develop and implement financial strategies aligned with the Company's vision, objectives, and long-term growth plans.
• Provide financial advice and recommendations to the Board of Directors and senior management.
• Establish and maintain strong financial controls, policies, and procedures that safeguard Company assets.
2. Financial Planning, Budgeting & Forecasting
• Lead the annual budgeting process and periodic financial forecasting exercises.
• Develop comprehensive financial models to support strategic planning and investment decisions.
• Monitor monthly financial performance against budgets and forecasts.
• Perform detailed variance analysis and identify root causes of financial deviations.
• Recommend corrective actions and cost optimization initiatives to improve financial performance.
• Prepare rolling forecasts and long-term financial plans to support business growth.
3. Commercial Finance & Business Partnering
• Act as the primary Finance Business Partner to Sales, Marketing, Operations, Supply Chain, Procurement, and HR.
• Collaborate with department heads to develop financially sound business strategies and operational plans.
• Challenge business assumptions through data-driven financial analysis.
• Provide commercial insights that support pricing strategies, promotional activities, product launches, customer negotiations, and investment decisions.
• Evaluate business cases, capital expenditure proposals, and strategic initiatives to maximize return on investment.
• Promote financial accountability across departments by supporting budget owners and monitoring financial performance.
4. Profitability & Business Performance Analysis
• Analyze and monitor profitability across sales channels, customers, brands, product categories, and departments.
• Evaluate gross margins, operating costs, promotional spending, and return on investment.
• Identify opportunities to improve profitability through pricing optimization, cost reduction, operational efficiencies, and product mix enhancements.
• Develop financial dashboards and Key Performance Indicators (KPIs) to monitor business performance.
• Provide regular financial performance reports with actionable recommendations to senior management.
5. Financial Reporting & Management Information
• Prepare accurate monthly, quarterly, and annual financial statements in accordance with International Financial Reporting Standards (IFRS).
• Produce timely management reports, executive dashboards, and financial analyses for the Board of Directors.
• Ensure the accuracy and integrity of financial information and management reporting.
• Present financial performance, trends, business risks, and strategic recommendations to executive management.
6. Accounting Operations & Financial Controls
• Oversee all accounting operations, including the General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Payroll Accounting, and Month-End and Year-End closing activities.
• Supervise the Chief Accountant, ensuring accounting records are complete, accurate, and maintained in accordance with Company policies and accounting standards.
• Review accounting processes and strengthen internal controls to ensure financial integrity.
• Act as the Chief Accountant during periods of absence, ensuring uninterrupted accounting operations, statutory reporting, treasury activities, and financial compliance.
7. Cost Accounting & Inventory Management
• Oversee product costing methodologies and inventory valuation processes.
• Monitor inventory movements, stock reconciliations, and inventory accuracy.
• Analyze production and distribution costs to identify efficiency improvements.
• Support Supply Chain and Operations in reducing waste and optimizing inventory investment.
8. Treasury & Cash Flow Management
• Manage the Company's cash flow to ensure adequate liquidity for operational and strategic requirements.
• Monitor banking relationships, financing arrangements, and working capital performance.
• Oversee cash flow forecasting and optimize cash utilization.
• Support financing initiatives and evaluate funding opportunities where required.
9. Compliance, Taxation & Risk Management
• Ensure full compliance with IFRS, UAE Commercial regulations, VAT legislation, corporate tax requirements, and other statutory obligations.
• Coordinate internal and external audits and ensure timely resolution of audit findings.
• Develop and maintain effective risk management and internal control frameworks.
• Ensure compliance with Company financial policies and regulatory requirements.
10. Process Improvement & Digital Transformation
• Drive continuous improvement within the finance function through automation and process optimization.
• Improve reporting capabilities using ERP systems and business intelligence tools.
• Recommend technology enhancements that improve financial accuracy, efficiency, and decision-making.
11. Leadership & People Management
• Lead, coach, mentor, and develop the Finance Department employees.
• Establish performance objectives and support employee development through coaching and training.
• Foster a culture of accountability, continuous improvement, collaboration, and high performance.
• Ensure succession planning and knowledge sharing within the Finance Department.
12. Stakeholder Management
• Build strong relationships with internal departments to support business performance.
• Liaise with auditors, banks, financial institutions, government authorities, and regulatory agencies.
• Support executive management with financial presentations and strategic recommendations.
• Represent the Finance Department in cross-functional projects and business initiatives

Job Requirements:
1. Strong knowledge of accounting principles, corporate finance, financial management, and IFRS.
2. Advanced expertise in budgeting, forecasting, financial modelling, profitability analysis, and business performance management.
3. Demonstrated experience analyzing channel, customer, brand, product, and departmental profitability.
4. Strong commercial awareness with the ability to translate financial data into strategic business recommendations.
5. Experience partnering with Sales, Marketing, Supply Chain, Operations, Procurement, and HR teams.
6. Excellent analytical, problem-solving, negotiation, and decision-making skills.
7. Proven ability to monitor performance against budgets and implement corrective actions.
8. Strong leadership experience managing finance teams and supervising senior accounting personnel.
9. Advanced Microsoft Excel skills and proficiency in ERP systems such as Sage or equivalent financial software.
10. Excellent communication, presentation, and stakeholder management skills.
11. Strong understanding of FMCG business operations, trade investments, inventory management, pricing strategies, and supply chain economics.
12. High level of integrity, professionalism, attention to detail, and ability to work under pressure while managing multiple priorities.

1. Bachelor's Degree in Finance, Accounting, Economics, or a related discipline.
2. Professional certification such as CPA, ACCA, CMA, CIMA, or CFA is highly preferred.
3. MBA or postgraduate qualification in Finance or Business Administration is an advantage.
4. Minimum of 8–10 years of progressive finance experience, including at least 5 years in a Finance Manager or senior finance leadership role.
5. Proven experience within the FMCG, Food & Beverage, Manufacturing, or Retail industry.
6. Strong knowledge of International Financial Reporting Standards (IFRS).
7. Comprehensive understanding of UAE VAT, Corporate Tax, and applicable financial regulations.
8. Experience with ERP systems, financial reporting platforms, and business intelligence tools.
9. Demonstrated success in leading financial planning and analysis (FP&A), commercial finance, profitability management, and finance business partnering.

Languages

Any

Nationality

Any

Company Size

201-500