Chief Financial Officer

Chief Financial Officer

  •   1 Vacancy
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Offer Salary

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For Freelance

No

Job Description

Responsibilities Monthly management reports on or before 12th of every monthMonth-end closing of accounts on or before 10th of every monthOther ADHOC management reports are as and when required.Manage...

Responsibilities
  • Monthly management reports on or before 12th of every month
  • Month-end closing of accounts on or before 10th of every month
  • Other ADHOC management reports are as and when required.
  • Manage external audits for availing Unqualified audited financial reports.
  • Monitor Internal audits are in line with the process and open observations by end of year-NIL.
  • Coordinate development of annual operating, capital and Investment budgets.
  • Financial forecasts based on Current performance and market conditions.
  • Finalize the budget for every fiscal year by identifying any potential financial challenges with the following KPI's.
  • Establish Interfacing Business Central with FAB for paperless payment process.
  • Regular meetings with the finance and IT team to monitor the progress of ERP migration/implementation.
  • Partner with tax consultants or advisors for expert guidance on updated UAE tax laws and regulations.
  • Monitor compliance for VAT and Corporate Tax with the Federal Tax Authority (FTA) as advised by tax consultant.
  • Integrate tax compliance into the accounting software to facilitate return submissions and reporting.
  • Align Compliance with Financial Policies and Procedures and SOPs'.
  • Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities.
  • Develop strategies for moving funds from unperformed capital markets to an improving ROI scenario.
  • Engage financial advisors or appraisers to accurately assess the value of unperformed investments.
  • Gradually move funds to best performing asset manager /PE Analyst to source investment opportunities with double digits ROI.
  • Converting the hotel to Serviced or Furnished or normal apartments.
  • Identify areas for cost savings on real estate and other business activities to obtain efficient Income generation.
  • Implement immediate cost control measures as and when required.
  • Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities
Seniority level

Director

Employment type

Full-time

Job function

Finance and Accounting / Auditing

Industries

Investment Management and Venture Capital and Private Equity Principals

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