Manager - Finance Reporting

du; United Arab Emirates; On-site; AED 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a seasoned financial reporting manager with extensive experience in telecommunications. This pivotal role involves overseeing the preparation of financial statements in compliance with IFRS and ensuring robust internal controls. The ideal candidate will have a strong background in accounting, coupled with excellent communication and negotiation skills. Join this dynamic team to make a significant impact on financial governance and reporting processes, while contributing to the company's success in the telecommunications sector. This is an exciting opportunity for professionals looking to advance their careers in a fast-paced environment.

Qualifications

• 10+ years of accounting experience, including 2 years in a supervisory role.
• Experience in financial statements preparation as per IFRS standards.

Responsibilities

• Manage preparation of quarterly and annual financial statements as per IFRS.
• Coordinate monthly review of accounting schedules and improve report quality.

Skills

Telecommunications Business Understanding

Business Decision Making

Negotiation Skills

Financial Analysis

Tax Law Application

Oracle ERP Knowledge

Process Improvement

Communication Skills

Collaboration Skills

Organizational Skills

People Skills

Education

Bachelor's Degree in Finance or Accounting

Qualified Finance/Accounting Professional (ACA, ACCA, CIMA)

Tools

Oracle ERP

Job description

The position is responsible for coordinating the company's processes involved in the preparation and submission of monthly financial reports, periodic IFRS financial statements and other statutory reports. This responsibility includes providing guidance to business units in developing and maintaining accounting policies, controls and related processes for quality assurance and effective governance in financial reporting.

Key Accountabilities:

• Manage processes of preparing quarterly and annual financial statements as per IFRS accounting standards and other UAE laws/regulations to achieve timelines for Audit Committee/ Board approval and auditor's sign-off.
• Coordinate the monthly review of accounting schedules by the financial reporting unit and discuss observations with the line manager to identify areas for improvement in report quality and the financial reporting process.
• Maintain consolidated manual of all accounting policies prepared by different units in Finance Operations and verify compliance with IFRS accounting standards and interpretations.
• Facilitate effective communication between auditors (External, Internal and State) and business units during audit of financial statements/reporting processes.
• Develop and maintain framework for managing risks in the company's financial reporting processes, to ensure relevant and reliable financial information to stakeholders and for regulatory compliance.
• Coordinate the implementation of internal controls over financial reporting (ICOFR) with various stakeholders.
• Handle checklist of month end closing activities related to financial reporting unit for effective coordination of timelines and achieving deliverables.
• Manage the process for updating general ledgers in the chart of accounts to ensure financial transactions are properly recorded and grouped for complete and accurate financial reporting.

Qualifications:

• Bachelor's degree or equivalent in finance or accounting.
• Qualified finance/accounting professionals with ACA, ACCA, CIMA or equivalent.

Experience:

• At least 10 years of accounting experience, with a minimum of 2 years in supervisory role within financial reporting.
• Experience in preparation of financial statements in accordance with IFRS accounting standards.
• Experience in technical accounting is preferred.
• Knowledge of internal control over financial reporting
• Experience in telecommunications is a MUST.

Skills:

• Strong understanding of telecommunications business.
• Business decision making skills
• Negotiation skills
• Financial analysis skills
• Ability to apply tax laws to given business cases.
• Working knowledge of Oracle ERP
• Process improvement skills
• Strong communication skills.
• Collaboration skills.
• Organizational skills
• People skills