Overview
Finance Manager Jobs in Ras Al Khaimah, UAE at TAG Dynamics
1. Financial Accounting & Reporting
• Lead the monthly, quarterly, and annual financial closing process.
• Ensure timely and accurate preparation of financial statements in accordance with IFRS.
• Review and approve journal entries, account reconciliations, and supporting schedules.
• Maintain the integrity of the general ledger and chart of accounts.
• Prepare monthly management accounts and executive financial reports.
• Ensure compliance with accounting policies and financial reporting standards.
2. Manufacturing Finance & Inventory Accounting
• Oversee the financial accounting aspects of manufacturing operations, ensuring accurate recording and reporting of all production-related transactions.
• Review and approve inventory, work-in-progress (WIP), production, and cost accounting journal entries.
• Ensure accurate accounting for raw materials, WIP, finished goods, production overheads, inventory adjustments, and manufacturing variances.
• Supervise the month-end manufacturing close and inventory reconciliation process.
• Review inventory valuation, provisions, slow-moving and obsolete inventory assessments, and Net Realizable Value (NRV) analysis.
• Work closely with the Cost Controller to ensure alignment between operational costing, inventory valuation, and financial reporting.
• Support product profitability analysis through reconciliation of costing data with financial results.
• Partner with Production, Procurement, Warehouse, Engineering, and Supply Chain teams to improve inventory accuracy and manufacturing financial controls.
3. Financial Planning & Analysis (FP&A)
• Lead the annual budgeting and periodic forecasting processes.
• Develop financial models and long-term business forecasts.
• Perform variance analysis against budgets and forecasts.
• Monitor financial performance and identify key business drivers.
• Prepare executive dashboards and KPI reports.
• Provide financial insights and recommendations to support strategic and operational decisions.
4. Cash Flow & Treasury
• Prepare and monitor rolling cash flow forecasts.
• Optimize working capital performance.
• Monitor receivables, payables, inventory, and cash conversion cycle.
• Review payment plans and liquidity requirements.
• Support banking relationships and treasury operations.
• Assist in financing and capital planning activities.
5. Internal Controls & Governance
• Strengthen financial controls and ensure compliance with company policies.
• Develop and improve finance policies, SOPs, and approval workflows.
• Identify financial and operational risks and recommend mitigation measures.
• Ensure proper segregation of duties and control effectiveness.
• Drive continuous improvement initiatives across finance processes.
6. Audit, Tax & Compliance
• Coordinate annual external audits and statutory reporting requirements.
• Liaise with external auditors, tax consultants, and regulatory authorities.
• Ensure compliance with IFRS, UAE Corporate Tax, VAT, and other applicable regulations.
• Support the preparation and submission of tax-related filings.
• Ensure timely resolution of audit observations.
7. ERP & Process Improvement
• Lead finance-related ERP enhancements and process optimization initiatives.
• Improve automation and reporting capabilities.
• Ensure integrity of financial data within the ERP system.
• Standardize finance processes and reduce manual activities.
• Collaborate with IT and business users on system improvements.
8. Business Partnering
• Act as the finance business partner to operational and commercial departments.
• Provide financial analysis to support pricing, profitability, investment, and operational decisions.
• Evaluate capital expenditure proposals and business cases.
• Support commercial negotiations with financial analysis where required.
• Deliver actionable insights to improve business performance.
9. Team Leadership
• Lead, mentor, and develop the finance team.
• Establish clear objectives and performance expectations.
• Promote a culture of accountability, collaboration, and continuous improvement.
• Review and enhance team capabilities through coaching and training.
Title: Finance Manager
Company: TAG Dynamics
Location: Ras Al Khaimah, UAE
