Assistant Manager – Financial Control and Reporting

3 weeks ago


ras al khaymah, United Arab Emirates Mackenzie Jones Middle East Full time
Job PurposeThe Assistant Manager - Financial Control and Reporting responsibility is to support the Senior Finance Manager of Business Support especially in maintaining accurately financial records both Accounts Payable and Accounts Receivables, Annual Budget Process, Quarterly Forecast, processing payments, filing documents in payroll and fixed assets for the company and its subsidiaries.Key ResponsibilitiesEnsure the General Ledger (GL) and relevant sub ledgers are closed on a monthly basis timely and accurately in compliance with the monthly closing calendar, for internal management reporting purposes, and on an annual basis, for external financial statement reporting purposes.Ensure monthly closing checklists together with all JV back-ups and supporting documentation are prepared and reviewed for all entities.Ensure balance sheet reconciliations are prepared and reviewed for all entities.Provide assistance with regard to the monthly management reporting, quarterly forecasting process, quarterly IDO reporting, periodic cash flow forecasting and the annual budgeting process.Provide assistance with regard to the preparation of the annual IFRS financial statements for the purpose of external audit.Prepare and file quarterly VAT return for the Group.Review and ensure all due payments more than 60 days are processed on weekly basis. Review and verify whether payments and invoices are processed accurately and in accordance with established procedures and inform Senior Finance Manager if problems are depicted for immediate reconciliation of issues.Review, monitor, and process fixed assets requests by Senior Finance Manager on a timely basis (transfers and retirements).Input data for the preparation of monthly capital spending reports.Properly record in the accounting system fixed asset acquisitions and dispositions.Reconciliation and analysis of fixed asset accounts and align with Senior Finance Manager.Participate effectively in the company’s performance management system including seeking feedback from supervisor on positive areas and areas of improvement. Be an effective contributor in the half year review and annual performance review and personal development meeting with supervisor.Experience & QualificationsUndergraduate degree and/ or Postgraduate degree in Finance, Accounting or a relevant subject.A professional qualification (ACA, ACCA or CIMA preferred).Minimum of 3 years of work experience in a relevant field and a minimum of 2 years of working experience in the Middle East region.Job Specific SkillsSolid knowledge and understanding of accounting processes.Advanced MS Excel skills.Ability to deliver high quality financial reporting and analysis.Technically proficient in using ERP systems and oracle.
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