Job Profile
Head of Finance Middle East
Function - Finance & Accounting
Location - Dubai UAE Freezone
1. Position and Purpose
The Head of Finance Middle East is responsible for the entire finance function of the company
The role holder leads the local accounting team ensures that all business transactions are properly recorded in line with local and group-wide requirements monitors liquidity across the entities and serves as the key sparring partner to management on all financial commercial and planning matters. The position combines hands-on operational responsibility with strategic tasks in business planning pricing and cashflow management.
2. Organisational Setup
Disciplinary and functional leadership of a 6 to 7 member accounting team
Direct reporting line to the Managing Director
Close cooperation with the finance functions in Germany and India as well as with operational departments (Sales Project Execution Logistics)
Interface to external auditors tax advisors banks and authorities
3. Key Responsibilities
3.1 Leadership & Accounting Organisation
Functional and disciplinary leadership of the accounting team
Ensuring efficient controlled and compliant accounting processes
Continuous review improvement and documentation of accounting workflows
Establishment and maintenance of an effective internal control system (ICS)
3.2 Year-End Closing & Valuation
Preparation of the annual financial statements for all three Middle East entities
Supervision and review of the annual physical inventory count
Valuation and recognition of work-in-progress as well as inventory and stocked assets Calculation of provisions including end-of-service gratuity provisions in line with UAE Labour
Law
Reconciliation and clearing of intercompany accounts with sister companies in Germany
India and other group entities
Main point of contact for external audits and tax inspections (Mainland and Free zone)
3.3 Reporting & Controlling
Preparation of monthly management reporting packages (P&L balance sheet balance sheet account analysis)
Plan vs. actual analyses commentary on variances and recommendations for action
Consolidation-ready delivery of figures to Company (integration into group reporting)
3.4 Cashflow Management & Liquidity
Ongoing monitoring and management of cashflow across all entities
Preparation and maintenance of rolling liquidity forecasts (short- and mid-term)
Working capital management: control of receivables payables and inventory
Monitoring of bank accounts payment transactions and FX exposure
Early identification of liquidity risks and derivation of mitigating measures
Alignment of cash management with Managing Director / Group CFO
3.5 Payroll & Travel Expenses
Responsibility for monthly payroll processing (WPS-compliant for Mainland employees)
Administration of end-of-service benefits leave provisions and other HR-related accruals
Steering and control of travel expense processing including policy compliance
3.6 Business Planning & Pricing
Preparation of the annual budget and rolling forecasts for all entities
Contribution to the mid-term business planning of the Middle East region
Costing and pricing for projects and products (cost-plus market-based margin analysis)
Profitability analyses for investments projects and new business opportunities
4. Candidate Profile
4.1 Education
University degree in Business Administration Finance Accounting or comparable field
Additional qualification such as Certified Accountant CPA ACCA or CMA is an advantage
4.2 Professional Experience
At least 710 years of professional experience in finance/accounting including several years of leadership experience
Solid experience in independently preparing annual financial statements
Experience in a manufacturing or project-driven industrial environment clearly preferred
UAE experience is a must (Mainland and Free zone)4.3 Technical Competencies
Solid knowledge of IFRS; HGB knowledge is an advantage (group context)
Knowledge of UAE Corporate Tax VAT and Labour Law (in particular gratuity calculation)
Experience in inventory valuation particularly work-in-progress and project business
Confident handling of ERP systems and very good MS Excel skills
Experience in costing pricing and margin management
4.4 Personal Competencies
Analytical thinking structured and result-oriented working style
Hands-on mentality combined with strategic vision
Strong communication skills and assertiveness in an international environment
Integrity discretion and a high sense of responsibility
Intercultural competence and experience working with German headquarter structures
4.5 Languages
Business-fluent English (written and spoken)
German language skills are a clear advantage
5. Key Performance Indicators (KPIs)
Timely and quality-assured monthly and annual financial statements
Clean and audit-proof inventory count and valuation
Meaningful decision-relevant management reporting
Adherence to budget and forecast discipline
Secure liquidity position and transparent cashflow management
Compliance with local tax and UAE labour law is a must
Stability development and performance of the accounting team
Apply now!
This listing is sourced from a third-party job board. Applying will redirect you to the original posting.
The Mauritius Commercial Bank Limited
Selby Jennings
Redstone Private Banking Search