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Branch Account Manager - Financial Controller | Famco | Dubai

1.00 to 10.00 Years   Dubai, United Arab Emirates   09 Jun, 2021
Al Futtaim Group
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

This is a mid-management role with specific focus on steering the accounting and financial processes of Industrial Equipment business.?Management and Control

  1. To deliver monthly closure of books of accounts as per the group accounting policies. Approval and supervision of monthly provision entries as per business requirements.
  2. Contribute to the development of business management through monthly reviews and recommendation of improvement initiatives.
  3. Review and initiate cost saving measures in the business.
  4. Support business in making commercial decisions by providing financial acumen.
  5. Review contracts for large B2B customers and actively participate in pricing the tenders etc for the business
  6. Support business with collections and interfering wherever there are reconciliation issues
  7. Ensure compliance of laws and regulations like VAT etc
  8. Ensure compliance of IFRS for revenue booking, cost and expenses.
  9. Ensure application of appropriate internal controls, compliance and financial processes
  10. Liaise with various AF Group departments like Group Legal, EIT, Group Admin, Group HR, etc.
  11. Liase with AF Group companies for IHF (long term and short term)
  12. Supervision of Accounts Payable, Accounts Receivables, Inventory and petty cash activities.
  13. Review insurance policies for the company and come up with the optimum policies.
  14. Conduct order study for optimal ordering.
  15. Manage SAP system related changes to ensure compliance of invoice formats and accounting processes.

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