Financial Job Dimensions
Purpose of the Job
- Ensure accuracy, adequacy of supporting documents in the processing of financial transactions and in coordination with different finance departments to reconcile financial data as per accepted accounting principles and standards.
Key Accountabilities: Description
- Annual Budget Control
- Reporting Schedule
- Quality and accuracy of reports
- Compliance with regulations and ALJ Policies
Key Accountabilities: Performance Indicators
- Monthly report
- 100%
- Zero Compliance Findings
Major Activities
- Assist in the preparation of management accounts, fund flow statement and annual budget and manage suspense account to inform the Accounts Managers of any operational anomalies.
- Assist in the roll-over of deposits, preparation of collateral reports and entry sheet of various banks to reconcile bank statements and provide financial reports to the department and corporate management.
- Responsible in the coordination with External and Internal Auditors by providing all the needed financial records, data and information to perform audits and ensure accuracy.
- Coordinate monthly financial closing of accounts and analyze income-related accounts for fairness to come up with financial reports to department and corporate managements.
- Supervises Accountant and Cashier in performing monthly cash reconciliations and balance sheet accounts control to ensure reliability and accuracy.
- Conduct Performance discussion with the subordinates, whenever applicable, through open discussion to establish Associate's development and Performance Awareness.
- Review the preparation of final accounts and journal vouchers and scrutiny of ledger accounts of correctness and accuracy to provide management with reliable reports as per the accepted accounting rules and regulations.
- Compile and collect financial data for corporate tax reporting to comply with the government requirements in adherence with the generally accepted accounting and auditing principles and other international accounting regulations.
- Mentor and develop associates and ensure they are provided opportunities for development and that career paths and succession plans are charted out through a Succession/ Progression Development Interventions.
Job Context
- The job has direct impact over monitoring and controlling cash flow management within operation.
- The job has direct impact over budget control and monitoring.
- The job has direct impact over meeting accounting standards and regulations.
Framework, Boundaries & Decision Making Authority
- The job has direct impact over managing the business travel itinerary with respect to business budget constraints.
- The job has direct impact over ensuring following travel regulations.
- The job ensures following travel regulations and communicating any updates to the management and associates.
Organizational / Functional Strategic Focus
- The job holder is responsible for developing subordinates through on-job training and monitoring performance.
- The job has direct impact over achieving the business budget targets through controlling monthly and annual reporting.
Minimum Qualifications
Bachelor's Degree in Accounting or equivalent.
Minimum Experience
Minimum 4 years' experience in related field.
Job-Specific Skills
- Time Management
- Problem Sensitivity
- Inter-personal relationship
- Communication skills
Languages
English for Business, Arabic preferable.
Competencies
- Adaptability (Individual Contributor)
- Collaboration (Individual Contributor)
- Development of Self & Others (Individual Contributor)
- Guest First (Individual Contributor)
- Innovation (Individual Contributor)
- Problem Solving (Individual Contributor)