Finance Manager

Overview

Key Responsibilities

• Serve as the primary point of contact with the DFSA and other relevant regulatory authorities, managing all regulatory communications and correspondence.
• Prepare and submit all required DFSA prudential regulatory returns (quarterly and annual) in a timely and accurate manner.
• Ensure full compliance with DFSA rules, DIFC financial regulations, and applicable IFRS standards.
• Conduct monthly reviews of the financial statements and supporting schedules.
• Ensure the consolidation and financial requirements are met across all Raseed entities.
• Oversee and manage the firm’s financial projections and budgeting for the business.
• Serve as the primary point of contact for banks and internal departments on all financial matters.
• Manage the entire audit process and in collaboration with external auditors.
• Produce accurate and timely monthly management accounts and financial reports.
• Maintain and periodically update the Accounting Policies and Procedures Manual.
• Ensure compliance with IFRS, internal financial controls, and company policies.
• Monitor regulatory capital and liquidity requirements on an ongoing basis.
• Promptly report any breaches of regulatory capital or liquidity.
• Ensure financial compliance with DFSA rules and DIFC financial regulations.
• Liaise with internal and external auditors and ensure timely completion of audit engagements.
• Support cash flow forecasting, working capital planning, and petty cash control.
• Prepare and review bank reconciliation statements and manage banking relationships.
• Oversee the cash flow and liquidity position of the company.
• Manage the accounts payable cycle and ensure proper record-keeping of vendor transactions.
• Oversee accounts receivable processes and validate customer account reports.
• Resolve financial queries and disputes raised by the customer service and sales teams.
• Collaborate with compliance, operations, and HR to ensure effective financial support for internal processes and special projects.
• Manage HR-related financial processes, including payroll preparation and processing.
• Ensure accurate and timely payment of salaries and statutory contributions.
• Perform additional tasks or duties as may be reasonably required to ensure proper performance of the role.
• Continuously support process improvement initiatives in finance and operational areas.

Qualifications

• Bachelor’s degree in finance, Accounting, or a related discipline (Master’s degree preferred).
• A recognized professional accounting qualification (e.g., CPA, CA, ACCA, or CMA) is mandatory.
• Minimum of 5–7 years of relevant finance experience, preferably within a DFSA-regulated or DIFC-based organization.
• Demonstrated experience in financial audits, budgeting, and regulatory compliance reporting.
• Strong expertise in International Financial Reporting Standards (IFRS) and DFSA prudential reporting requirements.
• Demonstrated experience with the ability to oversee and manage the financial operations of a group or multiple entities

Required Skills

• High level of accuracy and attention to detail.
• Strong analytical, problem-solving, and decision-making abilities.
• Excellent interpersonal and communication skills.
• Ability to work independently and collaboratively across departments.
• Strong leadership skills with the ability to manage and motivate teams effectively.
• Proficiency in accounting software and advanced Excel skills.
• Experience in a DFSA or FSRA regulated or DIFC-based firm.
• Financial modeling and scenario analysis skills
• Data analytics tools for financial reporting