Finance Manager

Overview

The Finance Manager for the UAE operations will be responsible for overseeing the entire spectrum of finance and accounting functions for the company based in Dubai. This position demands a proactive, hands-on approach to managing financial reporting, tax compliance, treasury, banking, budgeting, controls, and audit activities. The role serves as the central finance liaison within the UAE entity, collaborating closely with both Group Finance and local management, as well as external consultants.

Key Responsibilities

• Supervise daily accounting functions including month-end and year-end closings, managing general ledger, accounts payable/receivable, expense processing, bank reconciliations, and fixed asset accounting.
• Prepare accurate financial statements, management reports, budgets, forecasts, cash flow estimates, and variance analyses compliant with IFRS, UAE regulations, and Group policies.
• Handle all UAE tax-related compliance—Corporate Tax, VAT, and Excise Tax—as needed, managing registration, calculations, filings, payments, and liaison with the Federal Tax Authority.
• Coordinate matters related to customs duties, import VAT, transfer pricing, and associated-party compliance concerning company operations.
• Oversee inventory accounting, cost of goods sold, landed cost calculations, stock reconciliation, and provisioning.
• Manage treasury processes including liquidity planning, payment scheduling, cash monitoring, foreign exchange exposure, bank account administration, and KYC documentation.
• Facilitate intercompany settlements, international fund transfers, and funding alignments with Group Finance while ensuring proper approvals and documentation.
• Implement and maintain financial controls, approval workflows, payment authorizations, and segregation of duties to protect company assets.
• Coordinate payroll accounting and salary payments, ensuring compliance with WPS in cooperation with HR and payroll service providers.
• Interact with external auditors, tax advisors, banks, and consultants to fulfill statutory audit, tax filing, and other regulatory needs.
• Keep abreast of UAE financial regulations and support upgrades to accounting systems, finance procedures, and e-invoicing compliance.
• Complete additional finance, tax, treasury, and business support tasks as assigned.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, or related field required.
• Professional accounting certification highly preferred, e.g., ACCA, ACA, CPA, CMA, or CA.
• Minimum seven years of progressive accounting and finance work experience, including substantial direct exposure to UAE financial regulations and operations at a senior finance level.
• Proven capability to independently manage a UAE company’s financial functions.
• Strong expertise in UAE Corporate Tax, VAT, Federal Tax Authority procedures, and experience using EmaraTax platform.
• Knowledge of Excise Tax, customs duties, import VAT, and designated economic zone compliance is either required or strongly beneficial depending on business context.
• In-depth understanding of IFRS, financial reporting, audit coordination, budgeting, and internal control frameworks.
• Hands-on experience with cash flow forecasting, banking operations, intercompany transactions, and cross-border financing.
• Familiarity with inventory accounting, product costing, and working capital management in product-oriented or trading businesses.
• Background in audit, tax, or advisory from recognized professional services firms is advantageous.
• Proficient in ERP/accounting systems and advanced Microsoft Excel skills.
• Self-starter who can handle multiple priorities and communicate effectively with local and international stakeholders.
• Fluent in English; knowledge of Arabic or Chinese is a plus but not mandatory.

About the Employer

PAX, founded in 2021 in Hong Kong, is a global leader in consumer electronics focused on innovative technology. Its flagship brand, Hayati®, originated in the United Kingdom and has become a prominent name internationally. The company also manages a diverse brand portfolio including Quokka®, Moxy®, Liora®, Finebar®, and Philia® catering to various lifestyles worldwide. In 2025, PAX restructured in preparation for a potential NASDAQ IPO, operating from offices in the UK, Germany, and the UAE, with Chinese mainland operations for integrated R&D and manufacturing partnerships. The company emphasizes integrity, innovation, customer centricity, and sustainable development to build a future-ready ecosystem.