Finance Manager - Advertising & Media Signage Industry January

Job Title: Finance Manager - Advertising & Media Signage Industry

Location: Sharjah, UAE

Position Overview: We are seeking a highly skilled and experienced Finance Manager to join our team in Sharjah, UAE. The successful candidate will have a proven track record in the Advertising & Media Signage industry, demonstrating expertise in a broad range of financial functions. This role demands an individual with strong analytical skills, strategic insight, and the ability to drive financial performance across various aspects of the business.

Key Responsibilities:

• Finance and Accounting Function:
  • Oversee all finance and accounting operations to ensure accuracy and compliance.
  • Manage day-to-day financial transactions, reconciliations, and reporting.
• Financial Planning & Control:
  • Develop and execute financial strategies and controls.
  • Prepare financial forecasts, budgets, and variance analyses to guide business decisions.
• Financial Reporting & Modelling:
  • Generate and review financial reports, including P&L, balance sheets, and cash flow statements.
  • Build and maintain financial models to support strategic planning and decision-making.
• Internal & External Audit:
  • Coordinate and manage internal and external audit processes.
  • Ensure timely and accurate responses to audit findings and recommendations.
• Knowledge of IFRS:
  • Ensure compliance with International Financial Reporting Standards (IFRS) in all financial reporting and documentation.
• Budgeting & Variance Analysis:
  • Lead the budgeting process, including preparation and monitoring.
  • Perform variance analysis to identify and address discrepancies.
• Cost Control Strategies:
  • Develop and implement cost control measures to optimize financial performance.
  • Monitor and analyze cost trends and recommend corrective actions.
• Treasury Management:
  • Manage cash flow, banking relationships, and investment strategies.
  • Oversee treasury functions to ensure liquidity and financial stability.
• Due Diligence & Feasibility Studies:
  • Conduct due diligence for business development opportunities and strategic initiatives.
  • Perform feasibility studies to assess the viability of potential projects and investments.
• Regulatory Compliance:
  • Ensure adherence to local and international regulatory requirements.
  • Manage compliance with VAT, corporate taxation, and Economic Substance Regulation reporting.
• Stakeholder Interaction:
  • Liaise with key stakeholders, including subsidiaries, associates, and external partners.
  • Foster strong relationships and facilitate effective communication.
• Management Reporting:
  • Prepare and present management reports on financial performance and business operations.
  • Provide insights and recommendations based on financial data.
• Risk Management & Control:
  • Develop and implement risk management strategies to mitigate financial risks.
  • Monitor and control financial risks across the organization.
• Corporate Governance:
  • Ensure compliance with corporate governance standards and practices.
  • Promote transparency and accountability in financial management.
• Liaise with Subsidiaries & Associates:
  • Oversee intercompany reconciliations and ensure accurate consolidation of financials.
  • Coordinate financial activities and reporting with subsidiaries and associates.
• Consolidation of Financials:
  • Manage the consolidation process for group-level financial statements.
  • Ensure accurate and timely consolidation of financial data.
• Manage Insurance Portfolio at Group Level:
  • Oversee the group's insurance portfolio and ensure adequate coverage.
  • Manage insurance claims and liaise with insurance providers.
• Reporting on Verticals/Divisional Performances:
  • Analyze and report on the performance of different verticals and divisions.
  • Provide insights to support performance improvement and strategic decisions.
• Supervision of Procurement Process:
  • Supervise procurement activities to ensure cost efficiency and compliance.
  • Review and approve procurement-related financial transactions.
• VAT, Corporate Taxation & Filing of Economic Substance Regulation Report:
  • Manage VAT compliance, corporate taxation, and filing requirements.
  • Prepare and submit the Economic Substance Regulation report.
• ERP Implementation:
  • Lead ERP system implementation and upgrades.
  • Ensure effective integration and utilization of ERP systems.
• Cross-Functional Team Coordination:
  • Coordinate with cross-functional teams to support financial objectives and initiatives.
  • Facilitate collaboration and communication across departments.
• Project & Data Management:
  • Manage financial projects and ensure data accuracy and integrity.
  • Oversee project budgets, timelines, and deliverables.
• Experience in Company Formations & Liquidations:
  • Handle processes related to company formations and liquidations.
  • Ensure compliance with legal and regulatory requirements during these processes.

Skills & Qualifications:

• Education: Qualified CA.
• Experience: Minimum 5 years of experience in finance and accounting within the Advertising & Media Signage industry. International accounting exposure is advantageous.
• Knowledge: In-depth understanding of IFRS, financial planning, budgeting, variance analysis, and cost control strategies.

Skills:

• Strong business acumen and strategic insight.
• Excellent communication and interpersonal skills.
• Proven leadership and team management abilities.
• Effective problem-solving and crisis management skills.
• Skilled in bank liaison, negotiations, and stakeholder management.

Technical Proficiency: Advanced knowledge of ERP systems and financial software. Proficiency in Excel and financial modeling.

Other: Ability to manage multiple priorities and work effectively in a fast-paced environment.

Application Process: Interested candidates should submit their CV and a cover letter outlining their relevant experience and qualifications. Please include any notable achievements in financial management and strategic initiatives.