Deputy Manager Financial Planning & Analysis

We help to create icons. We help to build marvels. Our products feature in some of the most iconic buildings in the world.

RAK Ceramics is one of the largest ceramics brands globally, specializing in ceramic and gres porcelain wall and floor tiles, sanitaryware, faucets, and tableware. Headquartered in the United Arab Emirates, we serve clients in over 150 countries through operational hubs in Europe, the Middle East and North Africa, Asia, North & South America, and Australia.

With over 12,000 employees from 40+ nationalities, we are a truly global and diverse organization. RAK Ceramics is publicly listed on the Abu Dhabi Securities Exchange (ADX) and the Dhaka Stock Exchange.

RAK Ceramics is seeking a detail-oriented and analytically strong Deputy Manager – Financial Planning & Analysis to join the Finance & Accounts function at RAK Porcelain
. Based at the RAK Ceramics Corporate Office in Ras Al Khaimah, the role will focus on financial planning and analysis, consolidated financial reporting, management reporting, factory cost analysis, budgeting, and financial performance evaluation.

The role will also support strategic finance initiatives, including M&A analysis, acquisition target valuation, Capex evaluation, forex reporting, and system optimization and automation initiatives. The successful candidate will work closely with senior management and cross-functional teams and contribute to ExCom and Board-level financial reporting and decision-making.

• Prepare quarterly consolidated financial reports for RAK Porcelain, including P&L, Balance Sheet, and Cash Flow statements in accordance with IFRS.
• Support month-end closing activities, including P&L, Balance Sheet, MIS packs, and consolidation within agreed timelines.
• Oversee monthly management reporting and financial consolidation for foreign subsidiaries.
• Review financial information and ensure accuracy, completeness, and timely reporting.

• Conduct factory cost runs, variance analysis, and COGS reviews for manufacturing units.
• Analyze gross profit percentages and variances against budget and prior year, including price, volume, and mix analysis.
• Reconcile COGS with the Trial Balance and perform cost center-wise analysis.
• Prepare and review factory cost budgets, including documentation of key cost drivers.
• Prepare lease accounting workings and accounting entries under IFRS 16 across multiple regions.
• Support IFRS 9 implementation, including Expected Credit Loss (ECL) calculations and receivables provisioning.
• Conduct inventory ageing analysis and review slow-moving and obsolete inventory provisions (SLOB).
• Review GL accounts, maintain trial balances, and prepare supporting schedules and documentation for audits.
• Ensure compliance with applicable accounting standards and statutory requirements.

• Prepare finance presentations and management reports for ExCom and Board reviews, providing actionable financial insights.
• Support monthly working capital reviews and cash flow management.
• Prepare annual budget estimates for UAE entities and foreign subsidiaries, including detailed workings and variance analysis.
• Review and report forex gains/losses and assess their impact on the P&L.
• Conduct financial and commercial analysis to support business decision-making.

• Review and analyze potential acquisition targets as required.
• Support valuation activities, including IRR, WACC, and synergy analysis
  .
• Support pricing value chain analysis across Glassware, Cutlery, and Private Label segments.
• Support Capex evaluations and financial analysis for investment decisions.

• Lead projects focused on system automation and optimization, including the use of Artificial Intelligence (AI).
• Coordinate with IT and SAP support teams on system issues, COPA cycles, data updates, and customized reporting requirements.
• Identify opportunities to improve financial reporting, automation, and process efficiency.

• CA or CPA qualification with a minimum of 5 years of post-qualification experience
  .
• Strong experience in Financial Planning & Analysis (FP&A), management reporting, financial consolidation, factory cost analysis, and budgeting
  .
• Experience working with manufacturing operations
  , auditors, and sales teams.
• Strong knowledge of IFRS
  , particularly IFRS 9 and IFRS 16.
• Working knowledge of UAE corporate tax and…