Asst. Finance Manager
1 week ago
**KWC ME LLC** company located in Ras Al Khaimah is looking for an **Asst. Finance Manager**
**SUMMARY**
The role aims to be recognized as trusted advisors to the management. This role supports the finance lead to attract and retains best-in-class finance professionals. This role assists in developing their finance team and enables them to Thrive. The role communicates with impact, ensures a robust control and compliance environment.
The AFM is responsible for ensuring that the accounting is carried out in accordance with the principles of correct bookkeeping, local & international regulations and in accordance with the company accounting policy.
- Ensure that the Company documentation is organized and complete to meet legal, accounting and Group requirements.
- Responsible for optimally managing financial assets and for the safekeeping of the Company’s material assets.
- Punctually provides local management and its staff with all the economic information and data necessary for effective and successful Company management.
- General awareness of Integrated Management system (ISO900:2015, ISO14001:2015, ISO45001:2018)
**Financial Accountancy**
- Taking charge of financial accounting in accordance with local legal regulations, principles of correct bookkeeping, international accounting standards, and the company accounting policy.
- Ensure that all financial reporting deadlines are met. It also includes “quality” of actual results, forecasts and comments/explanations communicated to the local management.
- To support preparing monthly and year end accounting reports to ensure that the Company complies with legal and business requirements.
- Produce an operating profit and loss account and balance sheet to provide accurate and timely financial information which meets business and regulatory requirements.
- Assisting accountants and auditors in their investigations and informing the management of the outcome of these and of any measures that need to be taken.
- Adapting and developing accounting procedures to keep up with the Company’s needs and the requirements of the KWC Group.
**Management & Security of Resources**
- Disposition of financial resources and keeping track of payments.
- Determining customers’ credit standing and deciding on setting credit limits and delivery stoppages.
- Arranging and controlling periodic inventories of stocks, explaining any discrepancies, making suggestions for improving weaknesses in material management.
**Controlling and Internal Accounting**
- Planning, implementing and further developing internal accounts systems according to the requirements of the management and the KWC Group.
- Develop and control the company’s annual operating budget to ensure that all financial targets are met and financial and statutory regulations complied with.
- Consolidate and interpret financial data from various profit and cost centers to ensure that accurate and timely business information is presented to managers to assist them in decision making.
- Monitor expenditure against budgets and advise managers of any significant variances.
- Develop and maintain all necessary systems, policies and procedures to ensure effective and efficient financial management of the company.
**Planning and Budgeting**
- Assist head of finance with the annual budget for the Company to ensure that individual profit and cost centers have all necessary information for effective budget management.
- Assist in working out financial plans and budgets according to the KWC Group instructions.
- Supporting the company managers with the punctual working out and submission of company’s plans / budgets to the management.
**General administrative duties**
- Examining and storing all documents and fulfilling all the company’s legal obligations such as: maintaining the company’s books, printing prescribed documents, storing all company documents.
**Education**
- University/College Graduate
- Certified Public Accountant/Chartered Accountant
- Relevant professional accountancy qualification
**Experience**
- Minimum 5 years’ experience in a similar position preferably in a manufacturing set up.
**Personal Qualifications**
- Excellent leadership and decision making skills
- Excellent verbal, interpersonal, and written communication skills.
- Strong negotiation and verbal communication skills.
**Language Skills**
- English (business language)
- Arabic (local language) ,would be appreciated
- Any other language, would be appreciated
**IT Skills**
- Microsoft Office 365 (Excel, Word, PowerPoint etc.)
- ERP Systems (SAP, IBM Cognos, Oracle)
SAP Concur
**Job Types**: Full-time, Permanent
Ability to commute/relocate:
- Ras al-Khaimah: Reliably commute or planning to relocate before starting work (required)
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