Finance Manager
Asara Group · Dubai, Dubai, United Arab Emirates
Apply & track with Apply EdgeThis role supports strategic decision-making, financial compliance, liquidity management, and transparent reporting to management, lenders, and shareholders. Key ResponsibilitiesFinancial Planning & ReportingCreate, manage, and review annual budgets and financial forecastsPrepare monthly, quarterly, and annual financial statementsPerform variance analysis and provide insights on financial performancePrepare management reports and financial reports for shareholdersDevelop financial models, forecasts, and scenario analysis Treasury, Cash Flow & Working CapitalMonitor cash flow, liquidity, and working capital requirementsOptimize accounts receivable, payable, and inventory cyclesManage banking relationships and financing facilitiesEnsure sufficient liquidity for operations, capex, and obligations Credit & Trade FinanceBuild and manage company credit profileEstablish and manage credit lines with financial institutionsHandle, review, and manage Letters of Credit (LCs), SBLCs, and trade finance instrumentsMonitor customer and counterparty credit riskEnsure compliance with banking and trade finance requirements Hedging & Financial Risk Management (Added)Identify and manage financial risks related to:Foreign exchange (FX) exposureInterest rate exposureCommodity and raw material price volatilityDevelop and execute hedging strategies using:FX forwards, swaps, and optionsInterest rate hedging instrumentsCommodity hedging structures (where applicable)Monitor market movements and assess impact on financial performanceReport risk exposure and hedging effectiveness to senior managementImplement financial risk policies and controls Financial Analysis & Business SupportAnalyze sales forecasts, sales funnel, and pipeline dataSupport business planning and revenue projectionsEvaluate profitability by product, project, and business unitSupport pricing strategies, margin optimization, and cost controlProvide financial insights to operational and commercial teams Compliance, Controls & AuditEnsure compliance with accounting standards, tax regulations, and internal controlsCoordinate audits and liaise with external auditorsWork with banks, tax advisors, and legal consultantsMaintain accurate financial records and documentationEnsure regulatory and statutory reporting requirements are met Process Improvement & Leadership (Additional Responsibilities)Improve financial processes, controls, and reporting efficiencySupport ERP systems, automation, and Power BI reportingEstablish and enforce financial policies and proceduresSupport strategic initiatives, cost optimization, and process improvementsMentor and support finance team membersAssist CFO / Finance Director with strategic and board-level reporting QualificationsBachelor’s degree in Finance, Accounting, Economics, or a related fieldCPA, CMA, CFA, or MBA preferred5+ years of progressive experience in finance or accounting, including management responsibilitiesStrong experience in budget creation and financial reportingKnowledge of credit management, credit lines, and Letters of Credit (LCs)Experience with treasury, hedging, and financial risk managementProficiency in ERP systems and Microsoft Power BIAdvanced Microsoft Excel and financial modeling skillsUnderstanding of sales forecasting and sales funnel analysisFluent in English (written and verbal)Strong analytical, communication, and leadership skills