Asst Finance Manager

Department Icon Accounting & Finance
Posted: 6 months ago
3-4 years
Ajman
Accounting & Finance
work from office
Full Time

Posted: 6 months ago
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Job Description

We are seeking an experienced Assistant Finance Manager to support the CFO and lead all f inance operations across our UAE & Branch retail network.This role oversees branch finance teams, ensures strong financial controls, manages cash flows and working capital, and leads the central inventory management function.The Assistant Finance Manager plays a key role in driving store profitability, improving margin performance, and ensuring accurate and timely f inancial reporting for both branches and Head Office.Key Responsibilities Bookkeeping & AccountingManage end-to-end bookkeeping activities ensuring accuracy and compliance.Maintain general ledger, journal entries, and reconciliations (bank, vendor, customer).Ensure timely recording of all financial transactions. Branch Finance LeadershipLead and supervise all branch finance teams across GCCEnsure daily sales reconciliation, payments, cash handling, store expenses, and monthend closing are completed accurately and on time. Review branch P&Ls, analyse variances, and guide teams on corrective measures.Enforce finance SOPs and strengthen controls across cash, stock, and expenses. Profitability & Performance Management Monitor and improve store profitability by reviewing gross margins, shrinkage, supplier funding, stock ageing, and operating expenses. Consolidate store-wise and category-wise performance for management review.Work closely with Operations and Commercial teams to support pricing, promotions, and margin improvement plans. Balance Sheet & Cash Flow OversightManage key UAE & Branch balance sheet components-inventory, payables, receivables, accruals, provisions, and intercompany balances.Ensure strong cash-flow discipline across branches, including daily deposits, credit card settlements, and fund movements.Improve working capital efficiency by optimising stock holding, payment cycles, and ageing levels. Central Inventory ControlLead central inventory control and coordinate with branch inventory teams.Oversee GRN/PO matching, stock accuracy, variance investigation, stock ageing reviews, and shrinkage reporting.Ensure proper stock governance for stores and warehouses and drive reduction of aged/slow-moving inventory. HO Financial Operations & ReportingOversee HO finance functions including journals, reconciliations, payments, and month-end closing. Prepare consolidated monthly financial statements, dashboards, and performance reports for senior management.Support internal and external audits with complete documentation and schedules.Ensure compliance with internal controls, finance policies, and IFRS standards. Requirements3 to 4 years or five years experience, preferably in retail or FMCG. CA Intermediate or CA/CPA qualification preferred.Strong ERP experience; SAP exposure is a strong advantage.Experience in Big 4 firms (mandatory) Proven experience leading teams and managing multi-branch finance operations. Strong analytical skills with the ability to identify gaps and recommend improvements. Excellent communication, leadership, and stakeholder management skills. Exposure to process improvement / finance transformation projects Key Attributes Strong ownership and accountability. Deep understanding of retail financials and stock processes. High integrity, accuracy, and attention to detail. Ability to work cross-functionally with Operations, Commercial, Supply Chain, and IT.







iwork Solutions

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FinanceFinance Manager

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About Company

iwork Solutions is a company that offers various services. Due to limited information from the provided link, details are gathered from external sources.

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