Job Vacancy – Assistant Finance Manager (Ras Al Khaimah)

Job Position: Assistant Finance Manager

Company: Confidential (European company)

Location: Ras Al Khaimah

Reports to: Finance Manager

Salary: AED 10,000 – 12,000 per month

Role Summary

We are recruiting assistant finance manager for a kitchen equipment manufacturing company located in Ras al khaimah.

Duties & Responsibilities

• Ensure that the Company documentation is organized and complete to meet legal, accounting and Group requirements.
• Responsible for optimally managing financial assets and for the safekeeping of the Company’s material assets.
• Punctually provides local management and its staff with all the economic information and data necessary for effective and successful Company management.
• Taking charge of financial accounting in accordance with local legal regulations, principles of correct bookkeeping, international accounting standards, and the company accounting policy.
• Ensure that all financial reporting deadlines are met. It also includes “quality” of actual results, forecasts and comments/explanations communicated to the local management.
• To support preparing monthly and year end accounting reports to ensure that the Company complies with legal and business requirements.
• Produce an operating profit and loss account and balance sheet to provide accurate and timely financial information which meets business and regulatory requirements.
• Assisting accountants and auditors in their investigations and informing the management of the outcome of these and of any measures that need to be taken.
• Adapting and developing accounting procedures to keep up with the Company’s needs and the requirements of the KWC Group.
• Disposition of financial resources and keeping track of payments.
• Determining customers’ credit standing and deciding on setting credit limits and delivery stoppages.
• Arranging and controlling periodic inventories of stocks, explaining any discrepancies, making suggestions for improving weaknesses in material management.
• Planning, implementing and further developing internal accounts systems according to the requirements of the management and the KWC Group.
• Develop and control the company’s annual operating budget to ensure that all financial targets are met and financial and statutory regulations complied with.
• Consolidate and interpret financial data from various profit and cost centers to ensure that accurate and timely business information is presented to managers to assist them in decision making.
• Monitor expenditure against budgets and advise managers of any significant variances.
• Develop and maintain all necessary systems, policies and procedures to ensure effective and efficient financial management of the company.
• Assist head of finance with the annual budget for the Company to ensure that individual profit and cost centers have all necessary information for effective budget management.
• Assist in working out financial plans and budgets according to the KWC Group instructions.
• Supporting the company managers with the punctual working out and submission of company’s plans / budgets to the management.
• Examining and storing all documents and fulfilling all the company’s legal obligations such as: maintaining the company’s books, printing prescribed documents, storing all company documents.

Educational Qualifications & Experience

• Educated to degree level in Accountancy.
• CA, ACCA, CPA, CMA or equivalent (desirable)
• Minimum of 5+ years’ experience in a similar position preferably in a manufacturing set up.
• Advanced computer skills in MS Office and accounting software