Finance Manager

Based: Dubai office

Company Background and Mission:
Grameen-Jameel Pan-Arab Microfinance Limited is a for-profit limited liability company
jointly owned by Grameen Foundation and Abdul Latif Jameel Group. The company’s
core objective is poverty alleviation in the Arab world through microfinance. Grameen-
Jameel’s vision is to reach one million new active microfinance clients in the Arab world
by 2011. In order to achieve this, the company forms strategic partnerships with
microfinance institutions (MFIs) throughout the region who share its values:
commitment to reaching women and the poorest; aggressive growth plans; and financial
sustainability. Grameen-Jameel supports its Partners by delivering a suite of customized
products and services, and provides financing through its $50 million Grameen-Jameel
Guarantee Fund. Currently, Grameen-Jameel has 11 Partners in Morocco, Tunisia,
Egypt, Lebanon, Yemen, and Saudi Arabia. The company is registered in Cyprus and has
a branch office under the International Humanitarian City in Dubai.

Grameen Foundation is a global non-profit organization based in Washington, DC that
combines microfinance, technology, and innovation to empower the world’s poorest
people to escape poverty. Founded in 1997 with the support of Nobel Laureate Professor
Muhammad Yunus, GF has a global network of 52 partners in 22 countries.
Abdul Latif Jameel Group, based in Jeddah, Saudi Arabia, is one of the Arab worlds most
successful and respected business groups. Founded in 1945 by the late Sheikh Abdul
Latif Jameel, the company was granted sole distribution rights for Toyota vehicles in
Saudi Arabia ten years later, which it has maintained ever since. ALJ has a very active
community services program with emphasis on education, training and development.

Job Description:
The Finance Manager is responsible for the overall effectiveness of the financial and
accounting functions of the office. The Finance Manager will design and manage G-J’s
P&L, budget, bank relationships, accounting and purchasing, payments and all book
reconciliation to ensure that the organization’s finances are managed accurately and
efficiently.

Essential Job Functions:
• Budgeting:
o With input from the GM and staff, prepare budgets and monitor actual
performance against budget forecast;
o Oversee preparation of budget and variance reports on a monthly, quarterly
and annual basis
o Ensure compliance with Board policies and procedures;
o Keep General Manager informed about any major budgeting issues and
impact of operational changes on budget;
• Accounting:
o Oversee timely and accurate recording of all financial transactions and timely
settlement of obligations and collections;
o Oversee production of accurate financial reports on monthly, quarterly and
annual basis including balance sheet, cash flow statements/forecasts, income
statements and retained earnings statement in accordance with accounting
principles;
o Maintaining relationship with the external auditors:
o Oversee annual financial audit performed by the external auditors;
o Respond to accounting inquiries in a timely fashion;
• Purchasing:
o Establish policies and procedures as well as a purchase authority matrix for
the purchasing function ensuring an appropriate system of checks and
balances are in place for approval by the General Manager;
o Ensure that purchasing policies are followed and that a competitive process is
in place for major expenditures to ensure that costs are appropriate;
• Banking:
o Select a commercial bank for corporate accounts, including corporate credit
cards for employees;
o Manage banking relationship;
o Oversee tracking of cash deposits and transfers as well any currency exchange
issues; oversee reconciliation of bank statements;
o Manage credit card purchase/payments process;
• Supervise the Accountant;
• Report activities and challenges to supervisor on a regular basis;
• Other duties as required.

Required Knowledge, Skills, and Abilities:
• Fluency in English, Arabic ability a plus;
• Detail-oriented professional with strong analytical & problem solving skills;
• Excellent interpersonal and inter-cultural communication skills; ability to work in a
team environment;
• Takes initiative and does not require constant supervision or instructions to get job
done;
• Experience in developing and implementing administrative and financial systems,
policies and procedures;
• Strong working knowledge of Microsoft Excel, Word, PowerPoint, and Outlook;
• Experience with Quickbooks would be an advantage;
• Knowledge of UAE regulatory and business environment;
• Commitment to eradication of poverty in the Middle East & North Africa.

Education and Experience:
• Chartered accountant;
• 7 years or more of work experience in managing finance and accounting functions;
• 3 years management experience;

Start Date: Immediate
To apply, please send the following items to jobs@grameen-jameel.com
1) explain why you want to work for Grameen-Jameel; 2) explain how your skills
and experience are a good match for this position; 3) cover letter; and 4) CV.
Candidates who are missing any of these items will not be considered.
No phone calls, please.