Finance and Accounting Executive
5 months ago
FINANCIAL REPORTING
- Prepare monthly financial statement for each business unit and a group consolidation report.
- Chart of Accounts review to ensure business and reporting requirements are maintained, current and relevant.
- Standardization of accounting procedures, schedules and implement quality review process.
- Development of IFRS accounting policies and procedures and ensure compliance.
- Continuous improvement of GL review process for early warning signals.
- Report monthly cash flow and bank position, perform bank reconciliations, and provide reports for review.
- Preparation of budget at the group level and ensure adherence, and reporting variance analysis to management.
- Perform financial analysis and report financial discrepancies to management and recommend effective resolutions.
- Prepare and present consolidation, MIS reports, Budgets & variances, Cash flow, Fund flow & break-even analysis.
ACCOUNTING AND BOOK CLOSING
- Reconciliation of GL Accounts and taking timely action to resolve any issues.
- Monthly reviews of General Ledger /trend analysis, process improvement, streamline process across companies.
- Follow and implement on monthly book closure checklist.
- Co-ordinate with auditors and ensure timely response, documentation, and information.
- Undertake expense, stock, and cash management activities for cost saving at the group level.
- Supervise, monitor & review daily transactions and entries before posting in the system.
- Coordinate with banks for account opening, negotiating terms and arranging facilities when needed.
- Maintaining the Petty cash log after implementing the Policies.
- Manage accounts payable, accounts receivable, and payroll (WPS) payments.
- Critical Analysis of Ledgers of the Suppliers & Customers.
- Verifying that all accounts are reconciled and updated & performing month-end accounting activities.
- Maintain accounting controls by preparing and recommending policies and procedures.
- Coordinate with Finance Head to complete assigned accounting tasks within deadlines.
- Verify prepaid expenses, depreciation, petty cash accounting, capitalization and other routine charges, units.
**Salary**: AED6,000.00 - AED7,000.00 per month
Ability to commute/relocate:
- Al-Ayn: Reliably commute or planning to relocate before starting work (required)
Application Question(s):
- Can you join immediately ?
License/Certification:
- UAE Driving License (required)
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