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Finance Manager

Peoplefocus HR · Dubai, United Arab Emirates

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Location: Dubai, UAEWe are looking for a Finance Manager to establish and manage our client’s in-house finance function and oversee financial performance across its growing F&B business.The successful candidate will be responsible for building robust financial systems and controls, ensuring financial transparency, and supporting the company's operational efficiency and sustainable growth with strong F&B industry experience, excellent cash flow management capabilities, and proven expertise in P&L and profitability management.QualificationsMin. 5-6 years of experience in a similiar role within the Food & Beverage (F&B) industry.

Proven experience in financial management including P&L ownership, cash flow management, and profitability analysis.Demonstrated experience in establishing or significantly developing an in-house finance function, financial systems, and internal controls.Strong understanding of multi-location financial management and location-based P&L reporting.Solid knowledge of F&B cost structures, food and coffee costs, inventory management, and cost control.Experience in budgeting and monitoring CAPEX, contractor payment claims, and project variation costs is highly desirable.Knowledge of UAE VAT, Corporate Tax, WPS, and audit requirements.Experience preparing monthly financial reports for investors or senior management.Familiarity with financial and operational systems such as Xero, Revel, or Supy is an advantage.Strong analytical, organizational and problem-solving skills, with a hands-on and commercially driven approach.Job DescriptionEstablish and develop the in-house finance function, including financial systems, processes, internal controls, and reporting structures, transitioning from outsourced accounting services where appropriate.Manage the company's overall financial operations, cash flow, working capital, and liquidity planning.Oversee daily cash and float controls, bank reconciliations, and weekly cash flow forecasting.Take ownership of P&L management and monitor revenue, costs, margins, and profitability across individual locations and business channels.Prepare clear, accurate and timely monthly financial reports for investors, providing insights into financial performance and key business drivers.Lead budgeting, forecasting, variance analysis, and financial planning to support business decisions.Monitor F&B costs, inventory levels, wastage, and cost efficiency.Manage financial planning and CAPEX budgets for new location investments, monitoring contractor payment claims, additional works, and variation costs.Oversee accounts payable and receivable, payment schedules, and the tracking of rental agreements and lease obligations.Ensure compliance with UAE VAT, Corporate Tax, and WPS requirements, while establishing audit-ready financial records and processes.