Finance Manager

About the Company

Cozmo Travel (an Air Arabia group company) launched its operations in January 2010 with a vision to offer customized travel solutions for independent and corporate travelers. With a complete range of world-class product and consultancy services that support businesses and individuals alike.

Cozmo Travel reflects the perfect blend of global expertise and local knowledge. Right from travel planning to ticketing services, hotel bookings, UAE visit visa, global visa process and organizing activities at destinations around the world and UAE, Cozmo Travel has succeeded in redefining the role of travel management.

Job Title: Finance Manager

Department: Finance

Reports To: Head of Finance

Job Purpose:

Manage the entire finance function of UAE entities by supervising, leading & motivating the team, to ensure adherence to the company process and policy, financial and accounting discipline, strong internal control, improve cashflow and reduce exposure.

Key Responsibilities:

• Ensure the accuracy and timeliness of financial statements (profit & loss, balance sheet, cash flow) according to IFRS standards.
• Manage all cash management functions including cash concentration and account funding and ensure adequate liquidity for working capital needs.
• Prepare budgets and analyse the variance with proper reasoning.
• Identify cost optimisation opportunities.
• Lead all the VAT/Tax/Compliance related planning and its compliance.
• Identify risks and other areas of process improvements and implement recommendations.
• Direct the planning, execution and reporting of year end audit.
• Accountable for drafting, implementing and enforcing effective credit control.
• Ensure prompt collection and minimum exposure.
• Review and presentation of monthly customer aging.
• Ensure timely and accurate supplier payments.
• Resolve customer complaints, billing discrepancies and errors.
• Develop and implement policies & procedures in coordination with the other stakeholders.
• Manage timely month closing and submission of MIS reports.

Operational excellence:

• Coordinate with other departments like Operations, Sales, Legal and IT.
• Initiate and implement process improvement projects. 
• Coach and develop a team.
• Perform other related duties as assigned and work closely with Head of Finance