Assistant Finance Manager

Benefits: Housing, Transportation, Medical Insurance
Job Code: 097/001/377
Industry: Lighting and Technology
Working Days and Timings: Monday to Friday | 8:00 AM – 6:00 PM

Job Brief:
We are seeking an experienced Assistant Finance Manager to oversee full-cycle finance operations for entities operating across the UAE and KSA within the lighting and technology industry. The role requires strong financial management capabilities, including overseeing financial reporting, cash flow management, customer invoicing, and compliance with financial regulations.

The Assistant Finance Manager will play a key role in managing banking facilities, supervising financial documentation, supporting operations and supply chain teams, and ensuring financial accuracy across projects and transactions. The position also involves coordinating VAT filings, supporting audits, managing Letters of Credit (LCs), and ensuring effective financial planning and reporting for senior management.

Job Responsibilities:

• Manage full-cycle finance operations across the organization’s entities in the UAE and KSA.
• Oversee customer invoicing processes and ensure timely follow-up on collections across both regions.
• Review and validate costing files for all incoming orders to ensure accuracy and financial alignment.
• Negotiate and finalize payment terms with customers across the UAE and KSA operations.
• Review customer contracts in coordination with the legal consultant to ensure alignment with company policies, risk management standards, and financial interests.
• Manage banking facilities, including trust receipt accounts for UAE and KSA operations.
• Process and coordinate the issuance of bank guarantees for projects and contracts.
• Collaborate with operations and supply chain teams to ensure inventory accuracy and prevent unauthorized deliveries.
• Supervise and control petty cash transactions, ensuring proper documentation and reconciliation.
• Maintain and manage financial records for UAE and KSA entities within SAP ERP systems.
• Review draft Letters of Credit (LCs) and ensure that terms align with agreed customer conditions.
• Prepare LC documentation and ensure compliance with banking requirements to avoid discrepancies.
• Prepare and submit payment applications to contractors to support invoicing and collection processes.
• Support operations in the creation of sales orders and project setups within SAP.
• Prepare and circulate daily cash position reports and provide updated cash flow analysis to management.
• Provide cash flow analysis and financial updates to management when required.
• Review and verify monthly payroll documentation prior to processing.
• Record and post all necessary month-end closing entries within the accounting system.
• Prepare and coordinate quarterly VAT return filings for all entities operating in Dubai, Abu Dhabi, and KSA.
• Support external audit processes by providing required documentation and coordinating with auditors.
• Prepare and present consolidated month-end financial reports to management for decision-making and financial oversight.