Finance Manager_ UAE_ for Leading FMCG Brand (Confidential)

Key Responsibilities Financial Management & Reporting Manage the day-to-day finance and accounting activities of the manufacturingbusiness. Ensure accurate and timely monthly, quarterly, and annual financial closing. Prepare and review P&L, balance sheet, cash flow, and management reports. Analyse financial performance against budget, forecast, and previous periods. Provide management with meaningful financial analysis and recommendations. Ensure accuracy and integrity of accounting records and financial information. Manufacturing Costing & Cost Control Lead product costing for bakery products, including raw materials, packaging,labour, utilities, production overheads, and other manufacturing costs. Monitor actual manufacturing costs against standard costs and investigate significantvariances. Analyse production yields, wastage, production losses, labour efficiency, andmachine utilisation. Develop and maintain standard costing models for different products and productionlines. Identify opportunities to reduce manufacturing costs and improve gross margins. Work closely with Production and Supply Chain teams to improve cost efficiency. Budgeting & Forecasting Lead the annual budgeting and periodic forecasting process for the manufacturingoperations. Prepare budgets for production, raw materials, labour, utilities, maintenance,CAPEX, and overheads. Monitor budget performance and provide variance analysis. Develop financial forecasts based on production volumes, sales plans, commodityprices, and operational requirements. Support management in evaluating the financial impact of new products, productionlines, investments, and expansion plans. Inventory & Working Capital Management Oversee financial controls relating to raw materials, packaging materials, finishedgoods, and spare parts inventory. Monitor inventory valuation and ensure appropriate accounting treatment. Analyse inventory movements, slow-moving and obsolete stock. Work with Supply Chain and Warehouse teams to improve inventory accuracy andworking capital. Monitor receivables, payables, inventory days, and cash conversion cycle. Ensure regular stock counts and reconciliation between physical and systeminventory. Commercial & Business Finance Partner with Sales and Commercial teams to analyse customer and productprofitability. Review pricing and margin analysis for key customers and products. Support commercial teams in evaluating customer contracts, promotions, discounts,rebates, and trade expenses. Analyse profitability by product, customer, channel, and market. Provide financial inputs for new business opportunities and major customernegotiations. Cash Flow & Treasury Monitor daily and monthly cash flow requirements. Prepare cash flow forecasts and ensure adequate working capital availability. Monitor customer collections and supplier payment obligations. Coordinate with banks and financial institutions when required. Support management in optimising working capital and liquidity. Internal Controls & Compliance Establish and maintain effective financial controls across manufacturing andcommercial operations. Ensure compliance with company policies, accounting standards, and applicableUAE tax requirements. Coordinate with external and internal auditors. Ensure timely completion of audits and implementation of audit recommendations. Monitor controls relating to procurement, payments, inventory, sales, credit, andCAPEX. Ensure proper documentation and approval processes for financial transactions. CAPEX & Fixed Assets Review and analyse CAPEX proposals for machinery, production lines, equipment,vehicles, and facility expansion. Prepare financial evaluations and ROI/payback analysis for major investments. Monitor CAPEX budgets against actual expenditure. Ensure proper recording, depreciation, and reconciliation of fixed assets. Team Leadership Lead, manage, and develop the finance and accounting team. Allocate responsibilities and ensure timely completion of finance deliverables. Establish clear performance objectives and KPIs for finance team members. Promote a strong culture of financial discipline, accuracy, accountability, andcontinuous improvement.Key Performance Indicators Monthly financial closing and reporting accuracy Budget vs. actual performance Manufacturing cost variance Gross margin and product profitability Raw material and inventory variance Inventory accuracy and working capital Receivables collection and DSO Cash flow management CAPEX budget adherence Audit findings and compliance Cost reduction and productivity improvement initiativesQualifications Bachelor's degree in Finance, Accounting, Commerce, or a related discipline. Professional qualification such as ACCA, CMA, CPA, CA, or equivalent is highlypreferred. Strong knowledge of accounting principles, financial reporting, budgeting, costing,and financial controls.Experience 8–12 years of progressive finance and accounting experience, with at least 3–5years in a Finance Manager / senior finance role. Strong preference for candidates with experience in FMCG, food manufacturing,industrial bakery, food processing, or other high-volume manufacturingenvironments. Proven experience in manufacturing costing, standard costing, inventorycontrol, budgeting, forecasting, and variance analysis. Experience managing finance teams and working closely with cross-functionaloperational teams. UAE/GCC Experience Is Preferred.Technical Skills Strong understanding of manufacturing accounting and product costing. Advanced Excel skills, including financial modelling and data analysis. Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, orsimilar. Strong knowledge of budgeting, forecasting, financial modelling, and managementreporting. Good understanding of inventory accounting and working capital management. Knowledge of UAE VAT and corporate tax requirements is preferred. Strong analytical and problem-solving skills.Competencies Commercial and business acumen Strong analytical ability Financial and cost-control orientation Attention to detail and accuracy Strong communication and stakeholder-management skills Leadership and team-management capability Decision-making and problem-solving skills Ability to work in a fast-paced manufacturing environment Strong sense of ownership and accountabilityIdeal Candidate ProfileThe ideal candidate will be a hands-on manufacturing finance professional whounderstands not only accounting and reporting but also the operational drivers of a largeindustrial bakery—such as flour and ingredient costs, production yield, wastage, labourefficiency, utilities, packaging costs, production volumes, inventory, andproduct/customer margins.Experience in a large-scale FMCG or industrial food manufacturing environment will bestrongly preferred.Skills: capex,manufacturing,finance