Financial Controller

**Reports To:** Chief Financial Officer (CFO)

Job Purpose

Financial Strategy

• Review daily the Group financial performance and cashflow reports for each business/ country .
• Monitor all financial transactions for accuracy, authorization, and compliance.
• Support the CFO in financial risk management — forex exposure, credit, liquidity, and insurance coverage.
• Participate in strategic planning and provide financial input for expansion, fleet, or facility investment.
• Provide strong input and Analysis and support the CFO on M&A transactions.

2. Budgeting, Forecasting & Financial Planning

• Lead the annual budgeting process across divisions with detailed variance analysis.
• Work closely with operation and prepare group 5 years FS ( BS, P&L, CF) as per the Company vision and CFO guidance and strategy.
• Prepare quarterly rolling forecasts and financial projections.
• Benchmark cost structures and margins against market averages for F&V category.
• Work closely with operations to align cost assumptions with actual logistics and wastage levels.
• Recommend corrective actions to meet financial targets.

3. Accounting & Reporting

• Supervise end-to-end accounting functions — AP, AR, GL, and Treasury .
• Ensure month-end closure within 4 working days; validate accuracy of P&L and balance sheet.
• Prepare management reports:
• Group performance
• Country P&L
• Division-wise P&L
• Item and Customer P&L
• Cashflow Forecast
• Margin & wastage analysis
• Financial ratios & trend dashboards
• BS Trends variance ( Vertical and Horizontal)
• Consolidate the Financial statements of the subsidiaries.
• 4.
• Costing & Margin Analysis (Core to F&V)
• Maintain detailed costing sheets per SKU — including freight, handling, wastage, and repacking.
• Analyze and control **wastage, breakage, and price discounts** affecting gross margin.
• Approve pricing models ensuring target margins by customer and channel.
• Track actual vs. standard costs; investigate and report variances weekly.
• Support operations to minimize financial loss from short shelf-life produce.

5. Cashflow, Treasury & Working Capital

• Prepare weekly and monthly **cashflow forecasts**; ensure adequate liquidity.
• Manage all banking relationships, overdraft renewals, and LC documentation.
• Oversee timely **customer collections** and **vendor payments** as per credit terms.
• Approve and monitor fund transfers, petty cash, and foreign remittances.
• Apply the forex hedging and reduce the subsidiary cash balance to head office.
• Optimize cash cycles by balancing DSO, DPO, and inventory days.

Compliance, Audit & Taxation

• Liaise with external and Internal auditors and provide requirements on time .
• Implement robust financial controls, accounting policies, and internal audit mechanisms aligned with company SOPs.
• Ensure on-time and accurate **UAE VAT** and **Corporate Tax** filings.
• Implement tax record-keeping procedures in compliance with FTA guidelines.
• Prepare and present audit schedules, close audit points promptly.
• Ensure company compliance with FTA, MOHRE, and financial governance requirements.
• Maintain internal controls to prevent fraud, pilferage, or misappropriation.

7. Systems & Process Enhancement

• Manage ERP integration and ensure accuracy of financial modules (Focus/SAP/Tally).
• Automate recurring reports and reconciliations to improve efficiency.
• Support implementation of BI dashboards and digital expense tracking.
• Conduct periodic process audits for finance SOP compliance.

8. Team Leadership & Development

• Supervise, coach, and evaluate the performance of the finance team.
• Delegate responsibilities and implement performance KPIs for accountants.
• Build a “zero-error” culture of accountability and ownership.
• Conduct cross-training to build bench strength for succession readiness.

Qualifications & Experience

• US CPA or UK Chartered Accountant (CA).
• Bachelor’s / Master’s in Accounting, Finance
• 8–12 years of experience (minimum 5 years in UAE food/FMCG/F&V trading industry)
• Strong ERP background with ability to automate reporting and dashboards.
• Proven record in margin control, tax compliance, and working capital optimization.
• Prior experience with big 4 Audit firm strongly preferred.
• Pay: Up to AED22,000.00 per month

Application Question(s)

• What is the maximum size of a team you have managed before (no. of reportees)?
• What is your expected monthly salary in AED?
• Are you available to join immediately?
• Do you have experience preparing consolidated financial statements for different entities?

Experience

• UAE FINANCE : 10 years (Preferred)

License/Certification

• US CPA or UK CA (Preferred)