We are searching for a driven Finance Manager - Joinery to join our stellar team at United Al Saqer Group in Abu Dhabi.
Growing your career as a Full Time Finance Manager - Joinery is a great opportunity to develop exceptional skills.
If you are strong in leadership, planning and have the right personality for the job, then apply for the position of Finance Manager - Joinery at United Al Saqer Group today!
Royal Joinery has its own dedicated workshop to assist clients on high profile projects that require international expertise and a degree of workmanship that eliminates the need to source sub-contractors and third-party furniture suppliers.
Our primary focus is on carpentry and woodwork specialties across a wide variety of projects and sectors through the delivery of sophisticated qualified experts in their field and innovative techniques and equipment.
Are you a diversified professional looking for a role within an ambitious Company? Are you confident, able to influence, challenge and build relationships at all levels?
We are recruiting a Finance Manager to join our exceptional Royal Joinery . This is an exciting and challenging opportunity for someone with proven joinery experience who is personable and capable to quickly establish their credibility.
If you are excited by a challenge, have a can-do attitude and a passion for leaving your mark on an organization then this is the opportunity for you.
We want to encourage you to grow and challenge yourself because when we pursue excellence, we create great experiences together and with our customers.
In this role you will have the opportunity to provide direction to the General Manager and Corporate Office to manage the financial affairs to ensure its financial resources are effectively utilized to achieve long and short-term objectives.
Your responsibilities :
Directs the development of the Finance, Accounting and Reporting policies, procedures systems & personnel to ensure :
Accounting records are prepared and maintained in accordance with the Companies’ accounting policies, in line with IFRS and Contracting business practices),
Timely and accurate preparation, presentation and delivery of monthly and annual financial statements as per Companies’ Accounting Policy requirements, expected standards and agreed deadlines / timeframes.
Effective monitoring and management of each Project’s performance against approved forecast, budgets, business plans and other appropriate benchmarks.
Maximization of efficiencies in operating processes and procedures in the locations.
Ensures that the appropriate processes and systems in place to monitor and report on actual financial performance of the Company projects against approved budgets in order to ensure that proposed and approved projects are delivering both the required and expected financial returns to the Project and the Company.
Set the tone for implementation and adoption of ERP systems across the business segments of the Company, including the interface of HRMS and Projects with Finance Module.
Supervise general ledger accounting to ensure that revenues, costs and project expenditures are correctly coded, the fixed assets register is maintained and prepaid and accruals are properly recorded.
Verify month-end trial balances of the company and verify the reconciliation of accounts. Oversee the preparation of periodical closures of accounts and reporting.
Supervise the preparation of monthly financial reports including expenditures statements, variances against budget, commitment reports, income statements, balance sheets, cost center reports, etc.
for management and shareholders.
Ensure job costs, including work-in-progress is reported monthly and progress revenues are approved and posted.
Participate in the development of Finance business plans and work programs.
Review the A / P status on a weekly basis for outstanding invoices.
Resolve any disputed invoices.
Together with the General Manager, oversee the preparation of annual budgets and business plans, as well as any periodic financial forecasts which are required to effectively manage the financial operations of the business in line with Company Objectives.
Monitor financial performance against the budget.
Ensure quarterly forecasting of income and expenditures and variance explanation to budget for purposes of reporting to the shareholders and management.
Liaise with Production team to obtain data on work progress, cash forecasts, expenditures and income for midstream / downstream and corporate functions in order to prepare forecasts.
Contribute in the decision making process to provide recommendations and ensures implementation of approved plans.
Oversee the accounts payable function and ensure that vendors’ and shareholders’ invoices are correctly recorded, verified, processed and approved for payments by due dates.
Keep abreast of development in new accounting and reporting standards and propose their adoption by Company where appropriate
Ensure audit compliance (internal and external including government) and full sign-off without reservation from external auditors.
Monitor insurance policies and claims.
Recommend development and oversee the implementation of financial operating policies, procedures and controls covering defined areas of finance activity in order to fulfil relevant procedural and legislative requirements.
Ensure staff compliance with approved financial policies and procedures, and International Financial Reporting Standards to secure a financially efficient and effective operating performance within approved budgets.
Participate in major commercial negotiations, and in particular oversee financial aspects of significant commercial real estate transactions including funding, taxation, structuring and financial modeling / feasibility analysis
Lead business partner to review the Companies’ project financing , facilities and risk exposure
Ensure that project financing are meeting the covenants and managed to ensure that project pay-back is matched with the forecasts.
Coordinate with banks to ensure that the project revisions are matched with the repayments.
Ensure relationship management with all banks.
Set up systems to ensure transparency in the utilization of project finances from banks.
To succeed in this role, you should have the following skills and experience :
Preferred Qualifications :
Qualified accountant CA, ACCA or equivalent
Bachelor’s Degree in Accounting
Preferred Experience :
10-12 years’ experience
Job-Specific Skills :
Core Contracting business expertise, with Project Review background
IT / PC literate, knowledge & experience in development and utilization of ERP system (Oracle)
Knowledge and understanding of International Financial Reporting Standards
Strong analytical skills and sound understanding of process and transactional flows
In return, we offer you a path towards your most rewarding career and an opportunity to be part of one of the leading family groups within the UAE.
Additionally, we provide a competitive benefits package for all successful candidates.
Location : Abu Dhabi
What will it be like to work for United Al Saqer Group?
Established more than 37 years ago, the United Al Saqer Group (UASG) is one of the leading multi-sector business groups in the United Arab Emirates.
The UASG owns and operates a diverse yet complementary portfolio of six UAE-based companies encompassing several key industry sectors, which includes Abu Dhabi Motors, Dalma Motors, Al Saqer Heavy Equipment, Al Saqer Property Management, Awraq Islamic Financial Brokerage, Royal International Construction, and Royal Joinery.
Please note as a reputable company we do not use external agencies for any of our recruitment requirements. Additionally we would not ask potential candidates to pay for the privilege of applying or to be interviewed for any of our roles..
Company Benefits :
Company offers career progression opportunities