Head of Finance

The Company:
A fast-growing Food & Beverage Holding Group based in UAE.

The Role:
The Finance Manager is responsible for the effective management of all finance matters for the business, under the supervision of the GM, to enable sound business decisions.

Major Responsibilities:
• Take responsibility for overall management and delivery of the finance department
• Forecast cash flow positions, related borrowing needs and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Ensure that appropriate financial regulations and controls are in place and in use at all times
• Recording and reconciliation of income and expenses
• Adequate and timely booking of the day to day transactions
• Monthly reporting on the financial position of the business, to the General Manager and Company Finance Team and ensure that all financial reporting obligations are met
• Timely and accurate recording of all financial transactions, in line with company policies and deadlines
• Provide financial management advice on revisions of budgets, preparing periodical forecasts and any changes needed
• Engage in ongoing cost reduction analyses in all areas of the business
• Interpret the company's financial results to management and recommend improvement activities
• Monitoring of the petty cash and bank balances, to ensure sufficient funds are always available depending on the needs and requirements
• Management and reconciliation of the bank and cash accounts, preparation of the weekly cash counts and monthly financial records, including cashbooks
• Control of salary payments to staff
• Liaising with the banks for negotiating or applying new credits, mortgage etc
• Issuing invoices to customers
• Chasing payments from customers, in line with company payment terms
• Collection and filing of regular financial reports and budget records, in partnership with the company Finance Team