Senior Financial Analyst

1 week ago


Dubai, Dubai, United Arab Emirates Precision Hire Solution Full time

Job Summary:

Precision Hire Solution is seeking a highly skilled Senior Financial Analyst to join our team. As a Senior Financial Analyst, you will be responsible for providing financial analysis and support to our organization.

Key Responsibilities:

  • Financial Analysis: Prepare and verify cash payment vouchers, bank reconciliation, supplier reconciliation, and sales entries.
  • Accounting System Management: Post and review all entries in the accounting system.
  • Accounts Receivable Management: Manage accounts receivable, including reconciliation, collection, and reporting of AR balances in the aging format. Report any major rejection amounts to the line manager.
  • Financial Reporting: Daily and monthly matching of current funds (cash, credit cards, cheques, or wire transfer) with revenue/issued bills to ensure proper accounting of receipts and payments in bank and cash accounts.
  • Payroll Management: Post and monitor payroll entries, review WPS, and calculate gratuity and other staff benefits. Provide updates on staff deductions to the payroll department. Prepare and confirm manpower cost allocation as per the actual visit and as per the schedules.
  • Transaction Coordination: Coordinate daily transactions and prepare daily income reports.
  • Supplier Payments: Scrutinize suppliers' payments, refunds to patients, and other petty cash payments.
  • Invoice Management: Receive purchase invoices from stores and pharmacy, ensuring all invoices meet regulatory requirements. Confirm invoices are properly authorized by the department head and branch manager. File invoices in the respective folder for VAT audits.
  • Intercompany Reconciliation: Weekly/monthly reconciliation of intercompany balances.
  • Audit Support: Liaise with NMC corporate finance team and arrange data/information for internal and external audits.
  • VAT Transaction Management: Check all input and output VAT transactions to ensure that amounts/codes/parties are correctly selected.
  • Revenue Reconciliation: Prepare, finalize, and monthly submit MIS profitability reports of respective entities.
  • Balance Sheet Review: Review and finalize balance sheet accounts, reporting variance with reasons and submission of balance sheet schedules.
  • Financial Planning: Assist finance manager in budgeting and forecasting process.
  • Additional Responsibilities: Perform any other work/job as instructed by the line manager/senior management.

Requirements:

  • Education: ACCA / MBA in Finance.
  • Experience: Minimum 5 years of experience in a similar organization with at least 3 years in a similar position.


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