Finance Manager - Dubai, United Arab Emirates - Caliberly

Description

Requirements:

• Well verse with UAE Central Bank regulations.
• Extensive understanding of financial trends both within the company and general market patterns.
• Proficient user of finance software.
• Strong interpersonal, communication and presentation skills.
• A solid understanding of financial statistics and accounting principles.
• Working knowledge of all statutory legislation and regulations.
• 7-10 years working with any reputed exchange houses in UAE.

RESPONSIBILITIES

• Presenting financial reports related to budgets, account payables/ receivables, expenses etc. to the Management.
• Arrange to submit accurate regulatory reports, such as monthly returns, quarterly returns, monthly remittance reports, audited financial statements, etc. within the submission deadlines to the Central Bank.
• Review statements related to remittances, foreign currency export/import, special products/services from banks, remittance partners or other relevant institutions/partners to perform reconciliation of balances on a regular basis.
• Investigate differences identified during the reconciliation process and report all unreconciled items to the General Manager on regular basis.
• Assess the amount of unclaimed funds as on the last day of every month.
• Assess the liquidity position and capital adequacy on a regular basis and inform to the General Manager.
• Responsible for maintaining comprehensive and accurate books of accounts and supporting records that reflect correct liquidity/financial positions at all times.
• Responsible for annual Central Bank CRV reporting.
• Review the reporting of Central Bank returns.
• Manage Annual audit of the books of account by external auditor and assist them with the required documentation.
• Complete financial reports, lead the month-end closing process and conduct monthly financial forecast.
• Develop and implement plans for budgeting, forecasting, and reporting
• Developing long-term business plans based on these reports
• Strategize on fund procurement through banks and other financial institutions
• Develop Budget on annual basis and monitor the performance on regularly basis.
• Reviews and processes payments of the company.
• Maintains & review an accurate filing and record keeping system for all financial statements and
• company documents.
• Receive funds requirements from Operations and arrange it on timely manner
• Conduct analysis of late funding and improper utilization.
• Prepare statements / Monthly reports to Management on timely manner.
• Conduct analysis of any delay reports.
• Provide financial insight and analysis to drive the business performance of the organization.
• Monitors financial details to ensure legal compliance.
• Handles both internal and external audits
• Collecting, interpreting, and reviewing financial information.
• Ensure accuracy and completeness in the bookkeeping and financial accounting.
• Monthly review of the salary reports.