About this role
Accounting, Budgeting, Tax & Compliance encompassing below:
- Manage Accounts Payable, Accounts Receivable & General Ledger. Overlook and ensure the accuracy of providing figures to the management from Accounts Receivable, Account Payables & General Ledger.
- To ensure every section’s compliance with the companies policies in terms of credit policy, reconciliation, payment terms...etc, to minimize the overdue debts, pay on time and the accuracy of our processes and figures
- Manage treasury, working capital and bank relations
- Responsible for maintaining All SLAs & concession agreements.
- Overlooking & managing the GL section: Ensuring effective completion of month-end/year-end procedures & closing of accounts, Preparation of Financial Statements & timely Financial Reporting and make sure all Inter company charges are well reconciled.
- Overlooking & managing the FA (Fixed Assets) section: (CAPEX & OPEX) to make sure the smooth flow of the documents till it is approved and interfaced to Maximo for procuring the goods, to make sure that physical asset verification takes place and finishes within the given/planned period.
- Ensure effective completion of month-end/year-end procedures & closing of books of accounts which includes regular review of trial balances, review of individual general ledger accounts, approval of transactions, deciding on provisioning and coordinating with other BUs and departments on various transactions.
- Responsible for producing monthly financial statements. Liaising with Financial Accounts to ensure all closing entries are through. Troubleshooting and corrections are initiated where necessary. Approving
accounting entries prepared by Management Accounts staff and posting to FMS system. Online
verification of actual against budget to ensure budgetary control. Arranging presentation material for
Director of Finance.
- Preparation of Departmental Budgets by providing information to departmental managers and critically
evaluating their feedback and providing critical evaluation and consolidation on budgetary agreements.
- Plays key role in establishing a budgeting system and prepare annual budgets with logistics division
heads.
- Preparation of Management staff costs budgets, (excluding Junior staff costs). Information gathering,
clarification, calculation etc. Calculating and advising monthly management staff benefits to Financial
Accounts.
- Maintaining and updating key result areas, statistics for Head of Business Unit/Region. Responsible for
volume and revenue statistics. Ensuring reports produced are accurate.
- Assist in development and oversee the implementation of policies and standards covering all functions of
the Finance Division so that all relevant procedural / legislative and DOA requirements are fulfilled while
- Ensure that the regulatory requirements of all statutory bodies within UAE and overseas regarding
- company’s financial affairs are efficiently managed.
- Delivering a quality, cost-effective service to internal and external customers.
- Ensure compliance with state regulatory requirements, financial and audit procedures
- Follow up with our internal customers to ensure that all our processes are aligned with other sections in
coordination with the commercial.
- Review all section daily activities, seek new process to minimize the errors of each section.
- Assist the Finance Director in meeting with the departments in reviewing their operating results.
- Assist the Finance Director in reviewing Audit results, evaluate the finding, lapses and weakness and
recommend action plans thereof
- Coordinating with external and internal auditors.
- Conduct and assessment of internal customer satisfaction
- Ensure attraction, retention and skill development of finance team to create a high performing talent pool
- Support operations team to fulfil their duties
- Build partnerships and maintaining strong relationships with all senior managers and their teams
- Act as the main point of contact for internal and external audit as and when required