HomeCandidateEmployerCurrent JobsNewsAbout UsContact Us

Preferred Candidate


Years of Experience:
9 - 12 yrs
Age Group:
35 - 45 yrs
Nationality:
Any
Gender:
Any
IT Knowledge:
Applications-Office
Operating System-Windows
Language:
English: Fluent
Arabic: Average

Ref.No: 4229 Date of Posting: 03-Jul-2016
Finance Manager Bookmark and Share
Confidential Company
Job Description
A leading Oil and gas Service Company is looking for Finance Manager as per the following details:
C
BASIC PURPOSE OF THE ROLE
• Ensure that appropriate financial and accounting processes are in place for accurate and timely documentation and reporting, in accordance with management requirements, regulatory guidelines and local and international financial and accounting reporting standards.
• Ensure smooth treasury/cash management activities to ensure effective management of cash-flow, asset-liability profiling, and assessment of foreign exchange exposure for the organizations.
• Oversee and manage the organizations risk reward principles that is in compliance with regulatory guidelines and management requirements
KEY RESPONSIBILITIES
Strategic Responsibilities
• Assist the Chief Financial Officer (CFO) in the development and implementation of ADPS and subsidiaries financial strategy relating to accounts payable, accounts receivable and general ledger activities.
• Ensure that the department's business plan are within agreed budgets and timescale.
Operational Responsibilities
• Oversee implementation of procedures and controls in the department across the group and ensure that all financial/accounting transactions are in compliance with the set policies, procedures, management and regulatory requirements and international financial and accounting reporting standards.
• Oversee expense entries and processing of payments, coordinate payroll preparation, GL Accounts, accounting control, prepayments and accruals, fixed assets and depreciation.
• Oversee and manage the processing and recording of vouchers/ invoices and maintenance of records pertaining to the same.
• Ensure the application of the highest financial reporting standards for the preparation and presentation of ADPS and subsidiaries external financial accounts through a combination of applicable leading practices and pertinent financial, accounting and reporting standards.
• Oversee the development of ADPS and subsidiaries chart of accounts to ensure accuracy and reliability of the organizations Financial Statement Close Process (FSCP) and that period end closing of financial accounts is done on a timely basis, as per the agreed plan.
• Manage the development of the Finance & Accounts manual and the various reporting formats, as and when necessary. BASIC PURPOSE OF THE ROLE
• Review and monitor the expenditure process. Suggest procedural changes necessary to ensure that errors are logged and corrected.
• Monitor ADPS and subsidiaries internal financial controls and suggest improvement opportunities to Chief Financial Officer (CFO) as required.
• Closely oversee the accounts payable activities in coordination with accountants (subsidiary level) to ensure that correct payments are made to correct suppliers within the contracted credit period.
• Ensure that provisions, accruals, prepayments and other entries for periodic and annual closing of financial accounts for the company are complete and accurate and based on adequate supporting documentation.
• Coordinate with the accountants (subsidiary level) to ensure that books of account are kept up-to-date and that accounting transactions are properly checked and reviewed to ensure accuracy of records.
• Critically review all expenditure requests and coordinate with concerned subsidiary level accountants, others Head of Departments/Functions in ADPS and subsidiaries for identifying and developing organization-wide policies and procedures for capital expenditure budgeting, control and reporting.
• Assist the CFO in timely and accurate preparation of monthly, quarterly, and annual balance sheet and profit and loss statement for ADPS and subsidiaries, including the drafting of the accompanying explanatory notes. Delegate task to financial analyst and accountants at the subsidiary level as required towards completion of timely and accurate monthly, quarterly and annual statements.
• Maintain adequate detailed subsidiary ledgers for company balance sheet accounts.
• Coordinate with the CFO on the confirmation of facts of quarterly and annual reports and coordinate with external auditors on the same. Provide all required support to external and internal auditors from time to time as required.
• Search, collate and maintain all financial information's required for the production and analysis of financial and non-financial management reports to ADPS and subsidiaries, complying with regulatory reporting standards.
• Maintain the highest standards of professional conduct, ethics, integrity and control in execution of all their daily operations.
• Review and approve expense and cost request as per Delegation of Authority.
• Performs other related duties as assigned.
People Responsibilities
• Ensure that employees within Finance Department maintain the highest standards of professional conduct, ethics, integrity and control in execution of all their daily operations.
• Assess the performance of direct reportees, provide appropriate feedback and coaching provide development plans to the CFO, with a view to enhancing the overall performance of the Finance Department and safeguarding strategic interests.
• Provide recommendation on promotions and increments to supervisors.
• Allocate work to subordinates as required and in a planned manner to achieve departmental KPIs and targets.

Degree Specifications
Graduate - BA in Finance
Copyright © 2014 Number1Job.net All Rights Reserved. Terms & Conditions | Privacy Policy | FAQ