Financial Controller

Financial Controller

Financial Controller

1. Financial Operations & Management

• **Oversee Financial Transactions:**
• Manage and supervise all daily financial operations, including accounts payable, accounts receivable, cash management, and bank reconciliations.
• **Cash Flow Management:**
• Monitor cash flow to ensure the business has the necessary liquidity to meet operational needs, forecast cash requirements, and maintain adequate working capital.
• **Ensure Accuracy & Timeliness:**
• Ensure that all financial transactions are recorded accurately, on time, and in accordance with the company’s accounting policies and IFRS standards.

2. Financial Reporting & Analysis

• **Prepare Monthly/Quarterly/Annual Reports:**
• Lead the preparation of timely and accurate monthly, quarterly, and annual financial statements, ensuring they comply with IFRS and UAE regulations.
• **Financial Analysis & Insights:**
• Provide in-depth financial analysis and business insights, including variance analysis against budgets, forecasting, and performance metrics.
• Present findings to senior leadership and suggest actionable improvements.
• **Financial KPIs:**
• Develop, track, and report on key financial metrics and KPIs that provide transparency into the company's performance, profitability, and cost efficiency.

3. Regulatory & Compliance Reporting

• **Tax Compliance & Reporting:**
• Oversee the preparation of tax returns and ensure compliance with local tax regulations, VAT filings, and other statutory obligations in the UAE.
• Manage relationships with tax authorities and external tax advisors.
• **Regulatory Filings:**
• Ensure compliance with local and international financial regulations, including those set by the UAE Central Bank, SCA (Securities & Commodities Authority), and other relevant authorities.
• This includes preparation and submission of financial reports to regulatory bodies on a timely basis.
• **Audit Coordination:**
• Manage and liaise with external auditors to ensure smooth and timely audit processes.
• Ensure that audit findings are addressed and any recommendations are implemented.

4. Internal Controls & Risk Management

• **Enhance Internal Controls:**
• Establish, review, and improve internal control systems to safeguard the company's assets, ensure the accuracy of financial reporting, and prevent fraud.
• **Financial Risk Management:**
• Identify and manage financial risks, including foreign exchange, credit, and operational risks.
• Work with risk team to implement robust mitigation strategies.
• **Compliance & Audit Readiness:**
• Ensure the business is always audit-ready and compliant with accounting standards, internal policies, and regulatory requirements.
• Conduct periodic internal audits to identify areas for improvement.

5. Financial Systems & Process Optimization

• **Financial Systems Management:**
• Oversee and improve the financial software and systems (e.g., MS Dynamics, SAP, or QuickBooks), ensuring they are used efficiently and effectively across the organization.
• **Process Improvement:**
• Continuously evaluate and streamline financial processes, identifying opportunities to enhance efficiency, reduce costs, and improve accuracy across financial operations.
• **Integration with Business Functions:**
• Collaborate closely with other departments (e.g., HR, Operations, Legal) to ensure alignment of financial and business processes and optimize workflows.

6. Leadership & Team Development

• **Manage Finance Team:**
• Lead and mentor a growing team of finance professionals, fostering a culture of collaboration, transparency, and high performance.
• **Training & Development:**
• Provide ongoing professional development opportunities for team members.
• Promote a learning environment to continuously build the technical and leadership skills of the finance team.
• **Cross-Functional Collaboration:**
• Work closely with other departments, including operations, sales, and marketing, to provide financial support and insights that inform decision-making and drive business performance.

Skills & Qualifications

• **Experience:**
• Minimum of 10-12 years in finance and accounting, with at least 5 years in a leadership position, preferably in fintech, financial services, or a startup environment.
• **Education:**
• Bachelor's degree in Accounting, Finance, or a related field.
• CPA, CMA, ACCA, or similar certifications are highly preferred.
• **Regulatory Expertise:**
• Extensive knowledge of UAE financial regulations, IFRS, VAT, tax laws, and compliance requirements.
• **Technical Proficiency:**
• Advanced skills in financial software (e.g., MS Dynamics, SAP, QuickBooks), Excel, and financial modeling.

Experience

• with Power BI and data analytics tools is a plus.
• **Leadership:**
• Strong leadership and team management experience with the ability to inspire and develop a high-performance team.
• **Analytical Thinking:**
• Exceptional analytical, problem-solving, and critical-thinking skills with a strong attention to detail.
• **Communication:**
• Excellent verbal and written communication skills, with the ability to present complex financial information to non-financial stakeholders and senior leadership.
• At myZoi we strive to create both a product and a team that embraces equality, inclusion, diversity and freedom.
• We want people who can be themselves and bring their own brand of value to the team.
• Come and join us!