Assistant Manager (Finance)

Job Description

Our client is an established company in Dubai and is seeking an additional team member to join the Financial Reporting and Accounting team. You will need a recognized Accountancy qualification and only candidates who currently reside here will be considered.Description:

• Supervises and controls the general accounting operations, developing effective standards and systems and ensuring strict compliance with laws, rules, policies, and procedures.
• Ensures that financial and accounting information is accurate and produced on time
• Prepare, verify and record journal vouchers and ensure entries are booked under appropriate accounting heads for all company transactions
• Ensure all reconciliation including cash and bank are completed on time and pass necessary adjustments entries
• Maintain accurate and up to date records of all financial transactions and present report of the same to the Finance Manager whenever required
• Ensure monthly closing of the financial books are done as per the scheduled timeline and submit the report to the Finance Manager
• Actively participate in yearly budget formulation
• Prepare and consolidate financial statements such as the Trial Balance, Profit and Loss statement and Balance Sheet and incorporate budget information prepared by Management Accountant; provide inputs on administrative cost budget
• Submit variance report on monthly basis along with the monthly account?s statement
• Partner with the Finance Manager in the development of financial policies and procedures and ensure implementation of departmental policies, systems, and procedures
• Provide analysis and advice to the Finance Manager on the potential implications of proposed changes in accounting rules/policies and legislation/government rules
• Participate in the period end stock, take and physical verification program
• Initiate the FA verification as per the company policy
• Monitor all the CAPEX procurement and ensure the same is within the company budgets/policy
• Analyze actual manufacturing expenses and prepare periodic reports comparing standard costs to actual production costs
• Manage the preparation of the official annual report of actual revenues, transfers, and expenses
• Liaise with the marketing and production departments in order to obtain information on order status and to ensure that invoicing is undertaken at the appropriate time
• In conjunction with the Finance Manager, responsible for the development of key financial performance measures for the organization
• Partner with function heads across the whole organization to ensure risks associated with the production of the annual report and accounts are identified and managed accordingly
• Ensures all team members in the Finance Department and organization as a whole are kept abreast of any significant implications arising from changes in accounting rules
• Ensures all regular and special financial reports are circulated to shareholders for their consideration
• Liaise with the external Auditors to facilitate completion of statutory audits as per agreed schedules and ensure all recommendations and findings identified by the audit are acted upon promptly with necessary action implemented
• Manage the effective achievement of team objectives through setting individual objectives, managing performance, developing and training staff and providing formal and informal feedback in order to maximize overall performance and team motivation

Keyskills :
CPA Finance Accounting ERP IFRS