Finance Manager - Abu Dhabi, United Arab Emirates - United Al Saqer Group

United Al Saqer Group
United Al Saqer Group
Verified Company
Abu Dhabi, United Arab Emirates

1 week ago

Ahmed Al-Mansouri

Posted by:

Ahmed Al-Mansouri

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Description

Royal Joinery has its own dedicated workshop to assist clients on high profile projects that require international expertise and a degree of workmanship that eliminates the need to source sub-contractors and third-party furniture suppliers. Our primary focus is on carpentry and woodwork specialties across a wide variety of projects and sectors through the delivery of sophisticated qualified experts in their field and innovative techniques and equipment.


You:

Are you a diversified professional looking for a role within an ambitious Company? Are you confident, able to influence, challenge and build relationships at all levels?

We are recruiting a
Finance Manager to join our exceptional
Royal Joinery.

This is an exciting and challenging opportunity for someone with proven joinery experience who is personable and capable to quickly establish their credibility.


If you are excited by a challenge, have a can-do attitude and a passion for leaving your mark on an organization then this is the opportunity for you.


We want to encourage you to grow and challenge yourself because when we pursue excellence, we create great experiences together and with our customers.

. Sounds like YOU? Then read on.


In this role you will have the opportunity to provide direction to the General Manager and Corporate Office to manage the financial affairs to ensure its financial resources are effectively utilized to achieve long and short-term objectives.


Your responsibilities:

Directs the development of the Finance, Accounting and Reporting policies, procedures systems & personnel to ensure:

  • Accounting records are prepared and maintained in accordance with the Companies' accounting policies, in line with IFRS and Contracting business practices),
  • Timely and accurate preparation, presentation and delivery of monthly and annual financial statements as per Companies' Accounting Policy requirements, expected standards and agreed deadlines/timeframes.
  • Effective monitoring and management of each Project's performance against approved forecast, budgets, business plans and other appropriate benchmarks.
  • Maximization of efficiencies in operating processes and procedures in the locations.
  • Ensures that the appropriate processes and systems in place to monitor and report on actual financial performance of the Company projects against approved budgets in order to ensure that proposed and approved projects are delivering both the required and expected financial returns to the Project and the Company.
  • Set the tone for implementation and adoption of ERP systems across the business segments of the Company, including the interface of HRMS and Projects with Finance Module.
  • Supervise general ledger accounting to ensure that revenues, costs and project expenditures are correctly coded, the fixed assets register is maintained and prepaid and accruals are properly recorded.
  • Verify monthend trial balances of the company and verify the reconciliation of accounts. Oversee the preparation of periodical closures of accounts and reporting.
  • Supervise the preparation of monthly financial reports including expenditures statements, variances against budget, commitment reports, income statements, balance sheets, cost center reports, etc., for management and shareholders.
  • Ensure job costs, including workinprogress is reported monthly and progress revenues are approved and posted.
  • Participate in the development of Finance business plans and work programs.
  • Review the A/P status on a weekly basis for outstanding invoices.
  • Resolve any disputed invoices.
  • Together with the General Manager, oversee the preparation of annual budgets and business plans, as well as any periodic financial forecasts which are required to effectively manage the financial operations of the business in line with Company Objectives.
  • Monitor financial performance against the budget.
  • Ensure quarterly forecasting of income and expenditures and variance explanation to budget for purposes of reporting to the shareholders and management.
  • Liaise with Production team to obtain data on work progress, cash forecasts, expenditures and income for midstream / downstream and corporate functions in order to prepare forecasts.
  • Contribute in the decision making process to provide recommendations and ensures implementation of approved plans.
  • Oversee the accounts payable function and ensure that vendors' and shareholders' invoices are correctly recorded, verified, processed and approved for payments by due dates.
  • Keep abreast of development in new accounting and reporting standards and propose their adoption by Company where appropriate
  • Ensure audit compliance (internal and external including government) and full signoff without reservation from external auditors.
  • Monitor insurance policies and claims.
  • Recommend development and oversee the implementation of financial operating policies, procedures and controls covering defined areas of
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