STYRO Insulation Mat Ind LLC Hiring for FINANCE MANAGER Job at Dubai Full Time

Responsibilities:

· Manage the operations of the finance department, set goals and objectives, and design a framework for these to be met.

· Manage the Finance team members and give them necessary guidance and advice.

· Manage the preparation of the company’s budget and total control of petty cash.

· Establish and maintain financial policies and procedures for the company.

· Maintain the financial health of the company.

· Monitor the day-to-day financial operations withing the company such as cashflow, payroll, invoicing bank reconciliation and other transactions and reduce cost and expenses to 20% of the current on running in STYRO.

· Oversee and direct accounting, audit, treasury and cost related activities of the organization.

· Prepare financial report, annual budgets and setting targets for various departments for their performance evaluations.

· Work closely with the respective department on cost reduction initiatives.

· Conduct review and evaluation for cost reductions opportunities in all department

· Provide financial reports and interpret financial information to the management while recommending further courses of action

· Advise on investment activities and provide strategies that the company should pursue.

· Analyse costs, pricing, variable contribution, sales results, and the company’s actual performance compared to business plans.

· Develop trends and projections for the Company’s finances and budgets.

· Monitor the project’s daily and monthly accounting and timely invoices of the projects and reviewing the projects monthly report.

· Check major projects cost variance and get the justification from the project team and provide early warning of cost of overruns

· Perform project cost forecast/budgets, cost tracking, monitor and control give early warning of costs overruns.

· Responsible for timely closing and preparation of financial reports

· Perform inventory, account, and GL reconciliations

· Review and validate entries, fixed assets register, processing of payroll and WPS.

· Coordinate with banks for facility, LC negotiations and discounting and bank guarantees and repayments.

· Oversee month and physical year-end inventory and reconcile in addition to gathering balance confirmations form clients, inter companies and banks.

· Physical year closing activities, gathering balance confirmations, make sure passing all entries, inventory reconciliation, depreciation and preparing consolidated financial statements for the company and cost centers.

· Close the financial year with the auditors and submit report to the management about how to reduce cost and how to improve the financial planning.

· Liaise with auditors to ensure appropriated monitories of company finances is maintained.

· Correspond with various other departments discussing company plans and agreeing on future paths to be taken.

· Internal audit for all departments especially purchases and stores.

· Control the process of raw material purchase from LC processing to monitoring and follow up with supplies up to the customs clearance.

· Negotiating and maintaining relationships with key business partners.

· Implement and develop cost centers with the company to track department performance.

Qualifications

· Degree in Finance

· 5 years relevant experience in Projects Accounting as Finance Manager

· CMA certified

Job Type: Full-time

Ability to commute/relocate:

• Sharjah: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Manager: 5 years (Preferred)