Finance Manager | Thrifty Car Rental UAE

Company Name: Thrifty Car Rental UAE  
Qualification: Masters & Bachelors Degree
Location: Dubai, United Arab Emirates
Salary Range: 15,000 AED – 18,000 AED
Company Size: 500 – 1000 Employees 

Other Benefits: Medical Insurance | Bonus 
Employment: Full Time 

About Company

Dollar and Thrifty are the leading brands in the UAE’s car rental and leasing sector with a fleet size of more than 25000 vehicles. The company has very ambitious growth plans and is looking to hire a Finance Manager to help drive this growth.

Job Description/Role

ABOUT THE ROLE

Your role would be pivotal in supporting the operational efficiency and profitability of the car rental group through sound financial management and strategic guidance. Balancing these responsibilities requires not only technical expertise but also strong analytical skills and the ability to communicate financial insights effectively to stakeholders at all levels of the organization.

Job description

  • Establish operational processes, controls and procedures for expenditure discipline, budgetary controls and cost efficiency across all operational activities within the organization.
  • Responsible for Controllership environment, including policy development and adherence, accounting, process management, operational and financial reporting, compliance with IFRS, accounts receivable and payable management, pricing and controlled self-assessments to ensure more improving efficiencies and creating cost control across business.
  • Direct oversight of monthly transaction and financial close activities, Corporate Accounting policies and IFRS
  • Preparation, interpretation & presentation of financial reports to Executive Management for review
  • Drive the budgeting process, consolidation and expenditure control with respect to budget.
  • Support and participation in strategic planning efforts and addressing continuous improvement through business demands both internal and external.
  • Identify and drive recommendations to strategically enhance the financial and operational performance and external vendor partners
  • Directly develop and manage the team & provide cross-functional direction and support to ensure compliance with statutory laws and financial regulations and drive income generation.
  • Partner with Executives and functional heads to identify and report upon key financial and operational metrics to improve the business and establish/monitor internal control measures.
  • Extensive support of Financial and car rental application system development, including user acceptance testing and implementation of enhancements in JD Edwards and front-end systems.
  • Strong partnership and collaboration with Group CFO on accounting, policy, control, operational, audit and process matter across the Group
  • Responsible for Key Account Management & conducting P&L for Commercial deals
  • Streamlining accounting functions and operations & developing plans for financial growth by evaluating and applying risk mitigation.
  • Define an optimum organization structure for the function, so that resources are properly utilized, and communications can be executed in an efficient manner.

ABOUT YOU

The ideal candidate should meet the following Qualifications and Functional Requirements:

  • Chartered Accountant with 10+ years of post-qualification and experience as head of Finance in a Large/Medium size professionally managed organization for 3+ years.
  • Strong financial and accounting background, including an understanding of profit and loss, balance sheet and cash flow management and general finance and budgeting.
  • Excellent financial / accounting software user and administration skills (JD Edwards Knowledge, and Power BI preferred)
  • Demonstrated track record of process improvement and improving controls with strong sense of accountability & ownership.
  • Fluency in English & Arabic speaking is a plus
  • Should have handled roles of Finance Manager in the past for better fitment in the role
  • Experience in conducting month-end and year-end closing, cost allocation, revenue recognition, budget creation and management, cash management and management of restricted grants.
  • Excellent oral and written communication skills with the ability to extract meaning from numbers and present analysis clearly and concisely to people with widely varying degrees of financial knowledge.
  • Demonstrated experience and expertise with Excel and other Microsoft Office applications.

Accounting & Finance