Finance Manager

Organisation

DEPARTMENT: Finance Team
SCOPE: Finance and Account management for all the branches of Eduscan Group based in Dubai. Travel to other Emirates in the UAE may be required (30%).
Key Contacts
INTERNAL:Course teachers, students, and administrative staff
EXTERNAL: Teachers, Venue Managers, External Agencies

PURPOSE OF THE JOB:

For Eduscan Group, After School Concept and Chill N Champ

  1. Conduct research and analysis to prepare finance structure and strategy.
  2. Fully manage financial accounting and reporting along with the responsibilities mentioned below.

RESPONSIBILITES:

  1. STRATEGY:

Defining the P&l, key incomes and expenses based on marketing research.

  1. Support in drafting strategy by providing clear recommendations only of incomes and expenses on the following:
    1. The most wanted activities
    2. Ideal price range based on survey and competition analysis.
  • Probable Localities. Location recommendations and suggestions linked to research and pricing based on the above analysis.
  1. Assist management in the formulation of its overall strategic direction
  1. FINANCIAL REPORTING:
  • Clearly define the financial time matrix for the Eduscan groups and camps along with responsibility.
  • Work closely with counterparts to develop 3-month, 6-month, 12- month’s targets. (Revenue and budgets).
    1. Lead brainstorming sessions with heads.
    2. Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
  • Develop trends and projections for the firm’s finances.
  • Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
  • Understand available systems and software for accounting and integrate this with recommendations.
  • Analyse costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
  • Conduct reviews and evaluations for cost-reduction opportunities.
  • Share weekly SMS of revenue and expenses, targets and achievements to concerned heads.
  • Maintain a documented system of accounting policies and procedures
  • Manage outsourced functions
  • Collect and record Cash
  • Forecast cash flow positions, related borrowing needs, and available funds for investment
  • Maintain banking relationships
  • Assist in determining the company’s proper capital structure
  • Manage the preparation of the company’s budget
  • Report to management on variances from the established budget, and the reasons for those variances
  • Create additional analyses and reports as requested by management

KNOWLEDGE AND SKILLS

  • Minimum 3-4 years of experience in Financial Accounting
  • Leadership, Motivation and Team Skills
  • Required to have a clear and full understanding of financial systems, software (preferably Tally) and processes
  • Strong analytical ability and commercial acumen to perform complex analysis identify and understand market trends
  • MS Office skills are critical Word, Basic & Advanced Excel, and Power Point.
  • Strong communication skills, both written and verbal, with the ability to convey complex information to a broad audience
  • Strong interpersonal skills with the ability to work independently and within a team environment
  • Strong group presentation skills
  • Able and willing to work within a flat structured, low-bureaucratic company, applying all best practices obtained on previous jobs
  • Willing to bring an innovative and creative approach to business
  • Fluent in written and spoken English. Knowledge of Arabic is an advantage

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