Finance manager
Finance Full Time Abu Dhabi, United Arab Emirates
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Previous experience in gym management, fitness centres, or the health and fitness industry is highly preferred. Arabic-speaking candidates are also strongly preferred.
Key ResponsibilitiesOversee daily financial operations, including accounting, cash flow, accounts payable, and accounts receivable.
Prepare monthly, quarterly, and annual financial statements and management reports.
Develop and monitor budgets, forecasts, and financial plans.
Monitor revenue, operating expenses, profitability, and financial performance.
Manage cash flow, working capital, and financial controls to ensure the company's financial stability.
Analyse financial results and provide recommendations to management for improving profitability and reducing costs.
Ensure accurate financial records and compliance with applicable UAE accounting standards, tax regulations, and VAT requirements.
Coordinate with external auditors, banks, tax consultants, and other financial stakeholders.
Oversee payroll processing, financial reconciliations, invoicing, and payment procedures.
Establish and maintain effective internal controls, financial policies, and procedures.
Monitor financial performance across departments and identify opportunities for cost optimisation.
Support management in business planning, investment decisions, and strategic financial initiatives.
Prepare financial analyses related to pricing, membership revenue, operational costs, and business expansion, where applicable.
QualificationsCandidates with experience in gym management or fitness centres will be expected to understand the financial dynamics of the fitness industry, including:
Gym membership revenue, renewals, cancellations, and outstanding payments.
Personal training packages, class subscriptions, and other revenue streams.
Monitoring membership sales performance and revenue collection.
Managing trainer payroll, commissions, equipment costs, and facility operating expenses.
Analysing membership retention, revenue per member, and overall centre profitability.
Supporting financial planning for new branches, equipment investments, and business expansion.
SkillsBachelor's degree in Finance, Accounting, Business Administration, or a related field.
Proven experience in financial management, accounting, or a similar finance leadership role.
Strong knowledge of financial reporting, budgeting, forecasting, cash flow management, and cost control.
Good understanding of UAE VAT, corporate tax, and relevant financial compliance requirements.
Proficiency in accounting software and Microsoft Excel.
Strong analytical, organisational, and problem-solving skills.
High level of accuracy, integrity, and attention to detail.
Ability to manage multiple priorities and meet reporting deadlines.
Excellent communication skills and the ability to work closely with senior management.
Previous experience in gym management, fitness centres, or the health and fitness industry is highly preferred.
Arabic-speaking candidates are strongly preferred.
22,000 AED + +
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