Assistant Finance Manager

Confidential Company

Job Purpose
The Assistant Finance Manager will manage day-to-day accounting and financial operations, ensuring accurate financial reporting, regulatory compliance, cost control, inventory accounting, and effective financial support to commercial and operations teams.

Financial Accounting & Reporting

• Maintain accurate books of accounts for the distribution business and pharmacy outlets

• Record daily transactions including sales, purchases, expenses, and inventory movements

• Reconcile general ledger, sub-ledgers, and intercompany accounts

• Assist in monthly, quarterly, and annual closing activities

• Prepare financial statements (P&L, Balance Sheet, Cash Flow) and variance analysis

• Support budgeting and forecasting cycles

• Prepare management presentations and reconciliations for monthly performance reviews

Retail Pharmacy & Distribution Operations

• Manage daily sales reconciliation from POS systems across all pharmacy branches

• Track credit sales, insurance claims, and receivables follow-ups

• Monitor branch-level expenses and profitability

• Verify inventory adjustments, expiries, and stock variances

• Coordinate inventory valuation with warehouse and supply chain teams

Costing, Inventory & Compliance

• Validate supplier invoices, GRNs, and pricing in line with DHA / MOH regulations

• Manage product costing, landed cost calculations, and margin tracking

• Support pricing reviews, discounts, and margin controls

• Ensure compliance with UAE VAT regulations (documentation, filing, and returns)

Cash Flow, Payments & Risk Management

• Perform daily bank reconciliations and cash flow reporting

• Process payments to suppliers, logistics partners, and service providers

• Ensure timely salary and operational payments for pharmacy outlets

• Highlight financial risks, cash flow concerns, and operational inefficiencies

Audit & Governance

• Coordinate internal and external audits

• Prepare audit schedules and ensure timely and accurate documentation

• Maintain financial records in line with company policy and statutory requirements