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Accounts Manager- MIS | Al Futtaim Automotive | Dubai

2.00 to 3.00 Years   Dubai, United Arab Emirates   02 Jan, 2022
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

About the job :???Accounting Policy & Advisory1.???Provide Support to Group and Divisional Policy and Advisory Head in developing Financial Internal Controls, Controls Assessment and Reporting / Standardisation Framework2.???Support Group Finance in review, gap analysis and preparation of Group Accounting Policies.?3.???Support and play key role in drafting Divisional Accounting Policies and Process Notes based on the identified process gaps, internal audit recommendations as well BU request for specific areas requiring accounting guidance and advisory.4.???Assisting with the implementation of new accounting policy requirements through producing detailed technical analysis in this area and contributing to Group discussions as subject matter expert.5.???Prepare and present accounting training sessions to the Finance & Operations teams where applicable on IAS, Accounting Policies and IFRS.6.???Provide Support and Guidance to BU FP&A and Controlling teams on Complex Accounting Judgements.7.???Driving the overall Insurance Requirements of Business Units, ensuring coverage of all risk. Liaise with BU and Insurance providers to ensure insurance coverage are available to mitigate all the financial loss risks and any statutory / covenant requirements.8.???Support in liaison with P&C and EIT team in implementation of Collection Infrastructure, integration to Books of accounts and related touchpoints???????As accounting standards are constantly changing, to stay at the forefront of those developments and ensure to provide appropriate accounting guidance that takes account of those developments and training for a sustainable control environment.????Remain well versed with the Accounting Policies to be able to guide the team on interpretation and applications????Develop detailed understanding of the accounting process for identification of risk and advising accounting positionsBalance Sheet substantiation / Process Reviews??1.???Liaison with Shared Service Centres and BU Finance Team to ensure all the required processes for Financial Period Close ae performed on time to ensure Quality Financials?2.???Play key role in driving Balance Sheet Substantiation implementation and rollout process, periodic reviews of misstatement, liaison and escalation of key risk areas for resolution3.???Prepare necessary details / reports for Entity Level Scorecards / Issues Resolution Drive4.???Review SSF KPI / SLA and initiate discussions with respective stakeholder for review and identification of improvement areas with detailed implementation plan and timelines5.???Liaise with Business Units to align on creation of any Legal entity establishment and closure. Ensuring Books of accounts structure are defined for the new entities as well ensuring all the accounting and legal processes are completed for closure of any entities.???External Audit??1.???Provide Support on overall tracking of Audit Progress, Alignment with Audit Program and Timelines2.???Coordinate with Shared Services and BU team to ensure that auditor?s requirements are being provided in a timely and accurate manner.3.???Support the FM / Sr. FM in Preparation of Standalone / Consolidated Financial Statements of required entities4.???Liaise with Auditors and BU teams on Other Certification Requirement from Auditors (Revenue Certificates, ICV Certificate ESR etc.)?5.???Support to FM / Sr. FM on any specific reporting requirement of Group Finance for Fs preparation, Consolidation and other analysis

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