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Financial Reporting Specialist

2 months ago

Dubai, Dubai, United Arab Emirates MDAR Food Company Full time
Job Description

**About MDAR Food Company**

MDAR Food Company is a leading food manufacturer that requires a skilled Financial Reporting Specialist to join our team. As a key member of our finance department, you will play a crucial role in maintaining accurate financial records, preparing financial statements, and providing insights into the company's financial performance.

Key Responsibilities:

  • Financial Recordkeeping: Maintain and update accurate financial records, including accounts payable, accounts receivable, general ledger entries, and other financial transactions.
  • Financial Reporting: Prepare financial statements, including balance sheets, income statements, and cash flow statements, on a regular basis to provide insights into the company's financial performance.
  • Budgeting and Forecasting: Assist in the preparation of annual budgets and financial forecasts to support strategic planning and decision-making processes.
  • Financial Analysis: Analyze financial data, trends, and variances to identify areas of improvement, cost-saving opportunities, and potential risks. Provide recommendations based on analysis findings.
  • Tax Compliance: Ensure compliance with local, state, and federal tax regulations. Prepare and file tax returns, including income tax, sales tax, and payroll tax, in a timely and accurate manner.
  • Auditing: Assist with internal and external audits by providing supporting documentation, reconciling accounts, and addressing audit inquiries.
  • Process Improvement: Continuously evaluate and streamline accounting processes and procedures to enhance efficiency, accuracy, and internal controls.
  • Financial Systems Management: Utilize accounting software and other financial systems to maintain records, generate reports, and facilitate financial transactions.
  • Collaboration: Collaborate with cross-functional teams, including finance, operations, and management, to provide financial insights and support decision-making processes.