Finance Manager

Job Description

Responsibilities:ÿÿÿÿÿÿÿÿMonth End Closing (Generating All Reports related to End Month Closing ) by 5th of the following Month.ÿÿÿúÿÿÿÿÿÿÿÿApproval for All Accounting Team Entries.úÿÿÿÿÿÿÿÿSupervision of all Accounting Team and follow up with External Branches on Monthly closure of all Accounts.úÿÿÿÿÿÿÿÿDaily Bank Situation. ÿÿÿÿÿÿÿÿÿúÿÿÿÿÿÿÿÿAssisting in Issuance of Audit Report and Zakat. ÿÿÿÿÿÿÿÿÿúÿÿÿÿÿÿÿÿTimely Supplier Payment.ÿúÿÿÿÿÿÿÿÿWeekly Timely Reporting.ÿúÿÿÿÿÿÿÿÿFollow Up Budget Differences.úÿÿÿÿÿÿÿÿTimely Payment of Employee and Customer commission.úÿÿÿÿÿÿÿÿTimely Payment for the Payroll.úÿÿÿÿÿÿÿÿMonthly and Quarterly VAT Report. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿúÿÿÿÿÿÿÿÿBank Follow Up and Coordination?s with Relationship Manager.úÿÿÿÿÿÿÿÿTo manage, record and account for all the Companies payments and receipts. ( Cash And Bank )úÿÿÿÿÿÿÿÿprocesses & procedures, and ensure compliance.úÿÿÿÿÿÿÿÿObtain and maintain a thorough understanding of the financial reporting and general ledger structure.úÿÿÿÿÿÿÿÿPrepare financial statements (balance sheet, P&L, cash flow etc.), monthly, quarterly, and annually for presentation to the Companys management.úÿÿÿÿÿÿÿÿEnsure strong financial control reporting processes are in place and are executed with excellence.úÿÿÿÿÿÿÿÿDetermine Capex versus Opex for all projects in accordance with GAAP.úÿÿÿÿÿÿÿÿCreate a chart of accounts and classify and code transactions in accordingly.úÿÿÿÿÿÿÿÿEnsure that cost centres are applied company wide.úÿÿÿÿÿÿÿÿAdhere to Company Policy and Procedures and accounting standards.úÿÿÿÿÿÿÿÿEnsure the accuracy and authenticity of all accounting transactions as per the IFRS guidelines.úÿÿÿÿÿÿÿÿEnsure an accurate and timely monthly, quarterly and year end closing and reporting.úÿÿÿÿÿÿÿÿProvide necessary information and data required by the Auditors (Statutory & Internal)úÿÿÿÿÿÿÿÿEnsure the quarterly reviews and annual auditing as per management deadlines.úÿÿÿÿÿÿÿÿProper Accounting, monitoring and reconciliation for Intercompany transactions.úÿÿÿÿÿÿÿÿMonitoring and reporting related party transactions.úÿÿÿÿÿÿÿÿAdminister payment and reimbursement processes.úÿÿÿÿÿÿÿÿEnsuring timely collection from debtors.úÿÿÿÿÿÿÿÿResponsible for accounting processes & tasks such as AR, AP, GL, account reconciliations.úÿÿÿÿÿÿÿÿEnsuring appropriate provisions for Zakat & VAT and coordinating for final Certificates from the GAZT.úÿÿÿÿÿÿÿÿMonitoring Fixed Assets Accounting and depreciation computation.úÿÿÿÿÿÿÿÿProper and timely booking of provisions, accruals, and prepaid expensesúÿÿÿÿÿÿÿÿAppropriate and accurate provisions for End of Service benefits.úÿÿÿÿÿÿÿÿKeeping track of important Insurance policies of the company.úÿÿÿÿÿÿÿÿSupports budget and forecasting activities.úÿÿÿÿÿÿÿÿCompetent in making 3 to 5 year?s financial projections.úÿÿÿÿÿÿÿÿCollaborates with the other department managers to achieve the overall goals and objectives of the company.úÿÿÿÿÿÿÿÿMonitors and analyses department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.úÿÿÿÿÿÿÿÿAdvises staff regarding the handling of non-routine reporting transactions.úÿÿÿÿÿÿÿÿEnsure that efficient cash flow is achieved in the entity.úÿÿÿÿÿÿÿÿRespond to inquiries from the Managing Director, GCFO, and other department managers regarding financial results and special reporting.úÿÿÿÿÿÿÿÿWork with GCFO, to ensure clean and timely quarterly review and year end audit.úÿÿÿÿÿÿÿÿSupervise the general ledger group to ensure all financial reporting deadlines are met.úÿÿÿÿÿÿÿÿAssist in development and implementation of new procedures and features to enhance the workflow of the department.úÿÿÿÿÿÿÿÿProvide training to new and existing staff as needed.úÿÿÿÿÿÿÿÿHandle personnel issues relating to staff conflicts, absenteeism, performance issues.úÿÿÿÿÿÿÿÿWork with each direct report to establish goals and objectives for each year and monitor and advice on the progress to enhance the professional development of staff.úÿÿÿÿÿÿÿÿBe the main contact for various teams and facilitate resolution of key issues impacting the Finance and accounting department and the wider organization.úÿÿÿÿÿÿÿÿPrepare the KPIs for all direct reports.úÿÿÿÿÿÿÿÿAdditional duties as directed by the Managing Director and CFO.

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