Financial Controller

NRTC Group Of Companies

Financial Strategy

• Review daily the Group financial performance and cashflow reports for each business/ country .
• Monitor all financial transactions for accuracy, authorization, and compliance.
• Support the CFO in financial risk management forex exposure, credit, liquidity, and insurance coverage.
• Participate in strategic planning and provide financial input for expansion, fleet, or facility investment.
• Provide strong input and Analysis and support the CFO on M&A transactions.

• Budgeting, Forecasting & Financial Planning
  • Lead the annual budgeting process across divisions with detailed variance analysis.
  • Work closely with operation and prepare group 5 years FS ( BS, P&L, CF) as per the Company vision and CFO guidance and strategy.
  • Prepare quarterly rolling forecasts and financial projections.
  • Benchmark cost structures and margins against market averages for F&V category.
  • Work closely with operations to align cost assumptions with actual logistics and wastage levels.
  • Recommend corrective actions to meet financial targets.

• Accounting & Reporting
  • Supervise end-to-end accounting functions AP, AR, GL, and Treasury .
  • Ensure month-end closure within 4 working days; validate accuracy of P&L and balance sheet.
  • Prepare management reports:
    
    • Group performance
    • Country P&L
    • Division-wise P&L
    • Item and Customer P&L
    • Cashflow Forecast
    • Margin & wastage analysis
    • Financial ratios & trend dashboards
    • BS Trends variance ( Vertical and Horizontal)
  • Consolidate the Financial statements of the subsidiaries.

• Costing & Margin Analysis (Core to F&V)
  • Maintain detailed costing sheets per SKU including freight, handling, wastage, and repacking.
  • Analyze and control wastage, breakage, and price discounts affecting gross margin.
  • Approve pricing models ensuring target margins by customer and channel.
  • Track actual vs. standard costs; investigate and report variances weekly.
  • Support operations to minimize financial loss from short shelf-life produce.

• Cashflow, Treasury & Working Capital
  • Prepare weekly and monthly cashflow forecasts; ensure adequate liquidity.
  • Manage all banking relationships, overdraft renewals, and LC documentation.
  • Oversee timely customer collections and vendor payments as per credit terms.
  • Approve and monitor fund transfers, petty cash, and foreign remittances.
  • Apply the forex hedging and reduce the subsidiary cash balance to head office.
  • Optimize cash cycles by balancing DSO, DPO, and inventory days.

Compliance, Audit & Taxation

• Liaise with external and Internal auditors and provide requirements on time .
• Implement robust financial controls, accounting policies, and internal audit mechanisms aligned with company SOPs.
• Ensure on-time and accurate UAE VAT and Corporate Tax filings.
• Implement tax record-keeping procedures in compliance with FTA guidelines.
• Prepare and present audit schedules, close audit points promptly.
• Ensure company compliance with FTA, MOHRE, and financial governance requirements.
• Maintain internal controls to prevent fraud, pilferage, or misappropriation.

• Systems & Process Enhancement

• Manage ERP integration and ensure accuracy of financial modules (Focus/SAP/Tally).
• Automate recurring reports and reconciliations to improve efficiency.
• Support implementation of BI dashboards and digital expense tracking.
• Conduct periodic process audits for finance SOP compliance.

• Team Leadership & Development

• Supervise, coach, and evaluate the performance of the finance team.

• Delegate responsibilities and implement performance KPIs for accountants.
• Build a zero-error culture of accountability and ownership.
• Conduct cross-training to build bench strength for succession readiness.