Finance Manager Full-time Job3 weeks ago Accounting & Finance Dubai 55 views Reference: 19465
Primary Functions and Responsibilities
Supervises financial accounting and reporting activities including activities to promote and implement best practice, both for IFRS and local GAAP reporting.
Supervises month end, quarter end and year end closing and in the initial months helps to ensure reporting of the recent acquisition is fit for purpose
Ensures compliance with internal controls and policies as well as regulatory and statutory requirements. Ensures correct revenue recognition for various forms of client engagements per company policy
Supports working capital improvement by closely following the Work in Progress and Account Receivables as well as interacting with other members of the finance team to smooth the administrative processes.
Shares knowledge with peers and actively participates in finance projects.
Project management Support, RFP and proposal support (providing guidance on impact of VAT and WHT) and more generally support to leadership where needed
Assists in the preparation and review of reports which summarize and forecast business activities and financial position of the unit.
Executes IFRS-GAAP and local GAAP accounting policies and procedures and ensures compliance. Ensures month-end account reconciliation in agreed areas are performed (and those around Inventory and AR).
Manages the preparation of local accounts for recent new businesses that have been set-up/acquired and coordinates with the various regulatory bodies for tax and compliance purposes.
Completion and reviews of various year-end accounting packages. Interfaces with both Internal and External audit functions for both IFRS, local GAAP, or other local reporting purposes.
Assistance with internal/external audits around all areas where necessary, and generally to support the Finance Director.
Supervises key accounting activities including but not limited to GL, WIP, AR, treasury management, Tax Reporting and related matters. Ensures timely processing and reporting.
Monthly expense/cost variance analysis
Manages all balance sheet reconciliations, ensuring that supporting papers are available to support balances
Providing support, information, and solutions on financial topics relevant to the region partners
Profitability review: using a deep understanding of the business’ accounts to maximize profitability.
Supports financial planning and forecasting, reporting and other analysis for the Middle East region. Manages the accuracy of the monthly management accounts, presents the accounts to the unit leader and extracts and explains the KPI’s.
Consults and advises management on financial issues, business development, compliance, risk management.
Supporting Strategic Middle East Initiatives, e.g. around cost optimization/localization in KSA, integration and set up of new businesses
Manages, coaches, develops and evaluates the Middle East Finance team. Skills/Abilities
Willing to be hands on where necessary in various areas of the accounts but also able to operate effectively amongst consultants.
Strong organization skills
Team player but can work independently.
Excellent verbal and written communication skills
Strong accounting, analytical, numerical and structural skills
Good working knowledge of Microsoft Excel, Word, and PowerPoint
Understanding of Modern Accounting software systems and workflow, ideally SAP
Self-driven, highly motivated team player who understands the implications of collaborating in a truly global environment.
Ability to work independently and a willingness to look at the detail where necessary.
Ability to maintain highest degree of precision even under significant time pressure. Technical Skills
Strong knowledge of regulatory compliance and accounting standards o IFRS a must o Local GAAP (among ME countries) an advantage
Good knowledge of audit and tax
Strong command of both oral and written English
Strong excel and database skills required (Power BI desirable)
Additional languages (Arabic) an advantage Education
University degree in accounting/ finance
Chartered accountant qualification Previous Experience
Minimum 5 years of Big 4 and / or management accounting management experience in a sizeable global organization in the Middle East region, including General Ledger and Subledger activities, budgeting and financial modeling.
Professional services industry experience desirable, but not essential
Knowledge/experience of the local Lebanese market preferred.
SAP R3 financial application experience preferred
Tiger is B Corp Certified.
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