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Mini

HR at HTIC Global

Last Login: 27 December 2024

Job Views:  
71
Applications:  20
Recruiter Actions:  0

Job Code

1512412

Job Purpose:

The Finance Manager will play a pivotal role in overseeing the financial management of HTIC Global's insurance brokering operations in the UAE.

This position will be responsible for ensuring accuracy in financial operations such as general ledger (GL), accounts receivable (AR), accounts payable (AP), and compliance with local and international financial regulations.

In addition to operational duties, the Finance Manager will contribute to strategic financial leadership, ensuring the company's financial stability and supporting long-term decision-making.

This role is critical for driving financial performance, optimizing business efficiency, and maintaining the integrity of financial data.

Primary Responsibilities:

- General Ledger (GL) Management: Maintain the standards of bookkeeping, integrity of the general ledger, ensuring accuracy in journal entries and overall financial data.

- Accounts Receivable (AR): Oversee the AR process to ensure timely reconciliation Statements of Accounts.

- (SOA) must be processed on time, with collections of payments completed within the established timeline.

- Accounts Payable (AP): Manage the AP process, Ensure the collection of commissions, and that periodic vendor payments are processed promptly without any delays.

- Financial Reporting: Oversee monthly, quarterly, and annual financial reports in collaboration with the GL Managers, ensuring timely and accurate MIS reporting of business performance.

- Budgeting & Forecasting: Lead the budgeting and financial forecasting processes, ensuring alignment with strategic objectives.

- Implement cost management strategies to control overspending and optimize savings.

- Financial Planning & Analysis: Analyze financial results, provide variance analysis, and deliver insightful commentary for management decisions - cost control on over.

- Insurance-Specific Financial Management: Handle finance-related functions in the insurance brokering business, including commission tracking, premium reconciliation, and revenue recognition.

- Tax Management & Compliance: Ensure compliance with UAE tax regulations, manage tax filings, and lead tax audits.

- Audit & Regulatory Compliance: Manage internal and external audits, ensuring compliance with regulatory frameworks and financial standards.

- Team Management: Supervise and mentor the finance team to ensure high performance and continuous professional development.

Skills and Qualifications:

Education:

- MBA from a reputed institute is preferred, CA qualification.

Experience:

- Minimum of 8 years of relevant finance experience, preferably in the insurance or financial services sector.

- Proven experience in managing GL, AR, AP, and financial reporting.

- Strong knowledge of tax management, audits, and financial compliance.

- Knowledge of UAE tax regulations and compliance standards is preferred.

- Experience with financial systems and accounting software.

Key Technical Skills:

- Excellent knowledge of accounting principles, tax regulations, and financial reporting.

- Advanced proficiency in financial software, ERP systems, and Microsoft Excel.

Soft Skills:

- Exceptional analytical and problem-solving skills.

- Strong leadership and team management capabilities.

- Excellent communication and interpersonal skills to effectively collaborate with cross-functional teams.

- High level of organizational skills with the ability to meet deadlines in a fast-paced environment.

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Posted By

user_img

Mini

HR at HTIC Global

Last Login: 27 December 2024

Job Views:  
71
Applications:  20
Recruiter Actions:  0

Job Code

1512412

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