Financial Controller

Location: Dubai, UAE
Date Posted: 29th May 2008
Reporting to MD

1. To control, manage, supervise and coordinate all financial aspects of the company

2. Responsible for financial management reports

3. Preparation and maintenance of cash flow statement

4. Implementation financial control procedures

5. Sign financial documents within financial limits of authority

6. To assist with the preparation of tenders

7. Be responsible for recruitment of new financial and administrative personnel

8. Preparation of budgets. Obtain information on sales, margins, costs and capital expenditure requirements.

9. Make relevant financial comments to the monthly profit and loss statement

10. Review bank balances and report as required. Obtain funding if necessary and arrange for all creditors to be paid under appropriate terms and conditions

11. Prepare appropriate requests for the purchase of fixed assets. Prepare annual fixed asset report for management review.

12. Review inventory accounting records

13. Review the final general ledger for the year-end and ensure it reflects the true financial position of the company

14. Provide assistance and guidance for the Accounts Department. Review, discuss and instruct personnel in accounting matters.

15. Liaison with Company Auditors, Bankers, Legal and Insurance Representatives to ensure regulatory compliance

16. To develop colleagues understanding of financial procedures and information.

Qualification

BACom/BA Accounting

Chartered Accountant

Experience

Minimum 8 years post qualification experience

Training

Company manual, procedures and forms

Ensure that own and Accounts personnel's training requirements are identified and systematically met in accordance with the company's procedures.

Essential Skills

Knowledge of computerised accounting. Working experience of Windows based accounting packages or custom made packages will be an advantage.

Good communication skills. Ability to interact with banks, government, suppliers and clients as well as the rest of the organisation

Critical competencies

Ability to independently prepare the accounts up to finalization and audit

Procedure and process orientated.

Sense of urgency and accuracy

Impact on management system

Facilitates the management in decision-making on expenditure, sales, budgeting and fund requirements of the company

Enable the management to assess the current financial position of the company in order to implement corrective measures if required

Facilitates the management to have strict financial control

Salary: AED 30,000 per month plus benefits