Role details

Group Finance Manager

Qatar   •   AED25,000 - AED30,000   •  Permanent

Bullet points

  • Fashion Retail
  • Hospitality

About Our Client

Leading family group in Qatar which focuses on the Fashion retail and Hospitality sector

Job Description

Participate in setting company Mission statement, set corporate objectives, goals, strategies and performance measurements of all departments as well as employees.

Prepare Operating and Capital budgets with the consultations of Management and all department/Division heads reviews budget proposals, and prepares necessary supporting documentation and justifications.

Reconcile the achievements against objectives on monthly basis and reporting to the Management on the variances.

Control Company expenses to make sure that all the expenditures represent investment to the company.

Supervise the release of payments to business partners after deducting commission in accordance with management agreement/instructions.

Determine the priority of the payments, keeping in consideration Company's business requirements and the availability of funds.

Prepare reports, which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.

Provide management with timely reviews of organization's financial status and progress in its various projects and activities.

Study the feasibility of all big projects and provide feedback to the deciding authority for the estimated cost of the project while taking into consideration the overhead expense, cost of financing, preparing the funds in time to finance the project and finally to prepare for costing out the project.

Arrange and make available all accounting records for audits purpose.

Advice management about depreciation rates apply to capital fixed assets.

Guiding other staff to handle their duties and perform their jobs according to generally accepted accounting standard and according to company accounting policy.

Supervise proper maintenance of all account records at all locations.

Establish good relationship with banks and other financial institutes in order to generate funds/facilitieswith the best interest to the company (loans, overdraft, fixed deposit account, selling or buying foreign currency, etc.)

Issue or receive bank guarantees, performance bond and advance payments to / from customers and follow up until completed. It would need continues follow up / communication on several banks and other parties.

Prepare monthly and yearly financial reports and related analysis (Profit and Loss).

Prepare cash flow projection and ensure the availability of the funds to meet the necessary expenses.

Review accounting records of all the supplier's invoices to make sure that all what we have been billed for is in conformity with what we ordered and what we physically received.

Audit all the expenses to make sure that it is legal, reasonable and in conformity with company policy.

Approve monthly payroll, vacation payments and other similar pay-off when so happens as per company policy.

Approve all travel expenses for all staff by following the management instructions.

Approve all accrual expenses and adjustment entries.

Supervise and keep update record of company investment in stock markets and advise/recommend the investment portfolio in different stocks as well as IPOs.

Prepare any required details or financial analysis for management review and corrective measures.

Prepare monthly financial reports. This involves preparation of all journals to match and comply with G/L Accounts.

Make reports and proposals to management that improve the overall performance of the companies, limit impending problems or losses, and expose unethical behaviour.

The Successful Applicant

University degree completed

Minimum 15+ years experience in the field of finance

Minimum 5 years as a group finance manage

Sector experience in Fashion retail or Hospitality essential

Qualified accountant - essential

Indian nationals preferred

Ability to live and work in Qatar

What's on Offer

up to 30,000 QAR per month inclusive

Apply for this job

Click the Apply or LinkedIn button below or contact Ben Ewbank on +974 4413 3508 quoting job reference 22013
As you are using an Apple iOS device we are unable to offer you the CV upload function. Please apply with your Linkedin profile below or contact Ben Ewbank on +974 4413 3508 quoting job reference 22013