Finance Manager

Finance Manager

TASC Outsourcing
Not Specified
Not Specified

Job Description


Job Description :

Our client is a 100+ year old business conglomerate from UK providing products and solutions to customers in four business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, and Payment & Merchandising Systems. They are now looking for a Finance Manager to join them.
Roles & Responsibilities:
  • Lead the preparation of MEA monthly financials (financial and management)
  • Analysis of variance for the Plan & Forecast & the Pulse.
  • Prepare the quarterly forecasts & yearly Plan for MEA operations.
  • Consolidation reports and Balance Sheet Reconciliations
  • Oversee and manage the workload of the finance team staff and manage their professional development
  • Lead the VAT compliance for GCC region including computation of liability, return filling and refunds on quarterly basis.
  • Stay up to date on changes in legislation and maximize benefits to company in MEA.
  • Maintaining fixed asset system.
  • In conjunction with DC leadership, take the lead in periodic stock count and monthly tracking of stock ageing for E&OE provisions requirement.
  • Perform general ledger accounting for the site, in terms of amortization of prepaid, provisions for the month.
  • Preparation of balance sheet reconciliations.
  • Support audit requirements both internal and external by providing required information to auditors and providing assistance as required during the audit
  • Ensure compliance with local and international statutory regulation.
  • Responsible for customer collections, reporting of DSO, Past Due AR, coordinate with inside sales to interact with the customers & resolving issues related to collections.
  • Prepare the monthly Intercompany invoices provide the required supporting and explanations for increase/decrease in costs. Regularly follow up for the dues from various BU.
  • Engage with the bankers to facilitate sales, through letter of credits, documents through bank, performance bank guarantees etc as needed.
  • Ensure compliance to company CP 229, confirmation of vendor bank account details.
  • Run a monthly vendor listing for changes to the vendor master.
  • Identify and provide solution to potential risks, locally and regionally specifically in relation to banking, finance and taxation.
  • Prepare payment list for invoices due for payment.
  • Address vendor problems either by phone or written correspondence as required
  • Prepare and maintain employee schedules for advances & allowances.
  • Create new internal accounting policies in line with corporate, maintain existing policies and ensure compliance.
  • Ensure compliance with the company policy, business unit policy, safety and quality programme requirements and act with the highest level of integrity in all aspects of the position remit
  • Implement the company principles of continuous improvement and 5S in all aspects of activity and contribute to the implementation of operational excellence
  • Company Business System - champion the use of CBS tools (within the team) to ensure the continuous improvement of the business.
  • Ensure (that all team members) comply with all company policies in all areas of activity including ensuring, as appropriate, that the requirements of Sarbanes-Oxley are met.

Preference:
  • English-speaking
  • Immediate joiners

Qualifications:
  • 6-8 years of experience in manufacturing accounting and analysis
  • Big 4 experience would be a plus
  • 5+ years experience in an accounting leadership role
  • Shared Service Center organization knowledge and multiple P&L accounting
  • Strong accounting and financial analysis skills required
  • Familiar with working alongside Senior Management team.
  • Bachelor's Degree in Commerce or equivalent required
  • Professional Accounting qualification CPA, CFA, CA or equivalent
  • Knowledge of accounting principles and local legislation
  • Advanced excel skills
  • Skills in research and analysis
  • Visionary
  • Strategic thinker
  • Leadership qualities
  • Strong interpersonal and communication skills
  • Attention to detail and have strong analytical skills
Benefits:
  • Salary AED 18,000 - 22,000
  • Bonus
  • Annual Ticket
  • Health Insurance

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