Job Overview
Khansaheb Investment is seeking an experienced Finance Manager in Dubai, UAE, to lead and manage the accounting and finance function for its investment division. The successful candidate will oversee financial reporting, budgeting, cash flow management, tax compliance, financial controls, and audit activities while supporting business leaders in making informed financial decisions.
This role is suitable for a qualified Chartered Accountant with strong financial management experience, excellent analytical skills, and a proven ability to manage accounting operations, lead finance teams, and ensure compliance with International Financial Reporting Standards (IFRS) and UAE tax regulations.
Key Responsibilities
1. Budgeting and Financial Reporting
- Coordinate with business heads to prepare annual budgets and periodic financial forecasts.
- Prepare monthly Management Information System (MIS) reports, financial statements, and performance analyses.
- Monitor cash flow, income, expenditure, and financial performance to support business planning and management decisions.
- Prepare income statements, balance sheets, cash flow statements, and detailed income and expense schedules.
- Coordinate with finance teams across business units to consolidate financial reports and maintain consistent accounting practices.
- Provide financial analysis and guidance to support operational efficiency and business growth.
2. Financial Policies and Procedures
- Ensure compliance with the Group’s financial policies, accounting procedures, and internal controls.
- Develop and update accounting policies and procedures in consultation with the Finance Controller and Finance Director.
- Prepare and maintain Standard Operating Procedures (SOPs) for accounting processes and financial operations.
- Identify opportunities to improve financial controls, reporting accuracy, and operational efficiency.
- Keep the Reporting Manager informed of significant accounting and financial matters.
3. Accounting Operations and Financial Management
- Manage the division’s books of accounts in accordance with Group accounting policies and IFRS requirements.
- Ensure accurate and timely recording of financial transactions through the company’s Enterprise Resource Planning (ERP) system.
- Coordinate with shared services finance teams to ensure transactions are processed in line with approved procedures.
- Oversee general accounting activities, payroll coordination, banking arrangements, and account reconciliations.
- Maintain accurate financial records and ensure the integrity of accounting data.
4. UAE Tax Compliance and External Audits
- Oversee VAT compliance, tax reporting, and timely submission of required returns.
- Coordinate with VAT consultants and relevant tax authorities on applicable tax matters.
- Ensure tax payments and reporting obligations are completed within the prescribed deadlines.
- Prepare year-end financial accounts and supporting audit documentation.
- Manage the annual external audit process and coordinate with appointed auditors.
- Ensure statutory financial statements are prepared accurately and submitted within the required timelines.
5. Finance Team Leadership
- Lead and supervise finance team members, ensuring clear responsibilities and performance targets.
- Provide regular performance feedback, coaching, and professional guidance.
- Promote teamwork, accountability, and continuous improvement within the finance function.
- Ensure the timely completion of financial reporting and accounting activities.
- Undertake additional finance and accounting responsibilities assigned by management.
Qualifications and Experience
- Must be a qualified Chartered Accountant (CA).
- Minimum of 10 years of post-qualification professional experience.
- At least 3–4 years of experience independently managing the accounting and finance function of a company.
- Experience in engineering, construction, real estate, lifestyle, or hospitality industries is preferred.
- Strong knowledge of financial reporting, budgeting, cash flow management, and financial analysis.
- Practical knowledge of IFRS, accounting standards, and internal financial controls.
- Experience in UAE VAT compliance and coordination with tax consultants.
- Proven experience in year-end financial closing, statutory reporting, and external audits.
- Proficiency in Microsoft Excel, Word, and ERP-based accounting systems.
- Knowledge of payroll administration and banking arrangements is an advantage.
Required Skills and Competencies
- Strong leadership and team management skills.
- Excellent analytical, numerical, and problem-solving abilities.
- Effective communication and interpersonal skills.
- Strong business acumen and financial decision-making capabilities.
- High attention to detail and commitment to accuracy.
- Ability to work closely with senior management and cross-functional teams.
- Ability to manage multiple priorities and meet strict reporting deadlines.
- Strong organizational skills and a commitment to financial compliance.
Job Location
Dubai, United Arab Emirates (UAE)