Head Of Finance Required in Dubai - Dubai
Head Of Finance Required in Dubai
GENERAL OVERVIEW
▪ To provide high quality action-orientated performance information to senior executives
▪ To provide strategic input into the development of the business
▪ To lead the annual plan and forecasting process
▪ To identify potential revenue enhancement and cost saving opportunities
▪ To manage the annual external audit process along with any internal audit reviews
▪ To provide advice to the Directors on financial aspects of UAE Company Law and impact of new accounting standards
▪ To oversee the Company’s UAE branches and their day to day financial affairs
▪ To supervise, mentor and train the finance team to the Company’s group high standards
▪ To provide financial leadership across the Business in respect of general transaction processing and credit control.
▪ To liaise with IT and Corporate system providers and continuous development of finance systems to meet the accounting and reporting (UK GAAP/IFRS/Insurance Authority) requirements of the business.
▪ To safeguard the assets of the UAE Business
▪ To liaise with the UAE CEO, UAE CFO, and London office, and provide them with financial information and ad-hoc reports as and when requested
▪ To ensure finance complies with UAE Insurance Authority Regulations, Health Authorities of Dubai and Abu Dhabi, Legal and VAT environments
CORE COMPETENCE INDICATORS
▪ Manages the production of timely action-orientated management information including written reports for local Board and Group executives
▪ Manage production of the International Limited reporting packs including branch and consolidated reports.
▪ Design and improves finance procedures across all areas of the Business
▪ Ensure that the Company complies with regulatory financial reporting standards
▪ Liaise with internal and external auditors to manage both the internal and external audits to resolve audit issues that may arise from time to time, both before and after audits.
▪ Maintain finance process controls to reduce the risk of money laundering/financial crime
▪ Maintains business relationship with Operational heads to ensure efficiencies and effective controls.
▪ Maintain organisation and resources that are adequate to support business performance
▪ Ensure that staff competence standards match their job profiles and are appropriately supervised. Competence is regularly assessed through appraisal. Training and development are supported.
▪ Keeps abreast of latest accounting standards and regulatory changes.
▪ Manage the production of timely and relevant management information for senior executives
▪ Perform any other adhoc tasks as may be required primarily by the CEO and then Regional CFO from time to time. DIRECT REPORTS ▪ Senior Financial Accountant
▪ Credit Controller ▪ Junior Accountant
COMMUNICATION AND WORKING RELATIONSHIPS
▪ Internal: CEO, Board members, London Finance, Group Internal audit
▪ External: Banks, External auditors, Insurance Authority
DESIRABLE EXPERIENCE
▪ Qualified Accountant (ideally ACCA or CA)
▪ Ideally good knowledge of insurance broking processes and accounting
▪ An appreciation of accounting standards
▪ Experience in the management of his/her team GENERIC KNOWLEDGE AND SKILLS
▪ Self starter
▪ Well organised
▪ Up to date knowledge of IFRS
▪ Ability to motivate and lead immediate team
▪ Good IT skills and ability to implement financial systems
▪ Well developed verbal and written communication skills
▪ Ability to provide strategic input into the development of the business
▪ Strong ability to analyse and interpret management/ financial information.
▪ Diligent and committed
▪ Acts with integrity and ethically
▪ Confident and articulate
▪ UAE insurance and VAT regulations ▪ Some general knowledge on GAAP standards as it differentiates itself from IFRS
APPLY FROM LINK BELOW
https://ae.linkedin.com/jobs/view/head-of-finance-at-intelligent-solutions-hr-3160468819?
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