We are seeking to engage construction and operational professionals to assist with our Rixos Baghdad Hotel Project.- UCC
Position Open:-
Quantity Surveyor 2 (MEP)
Quantity Surveyor 2
Senior Administrator
Administrator
MEP Project Director
HSE Electrical Duty Holder
Senior Project Engineer – ELV
Senior Logistics Manager
Storekeeper
Senior Project Engineer
Senior Accountant
QA/QC Officer – MEP
Senior Technical And Engineering Manager
Senior Document Controller
Draftsman 2
QA/QC Engineer
Senior Structural Engineer 2
Senior Foreman
QA/QC Officer – MEP
Quantity Surveyor
Senior Procurement Officer
Senior Material Engineer
Material Engineer
Draftsman 2
Logistics Supervisor
Logistics Officer
Logistics Officer
Senior Storekeeper
Senior Project Engineer
Senior Project Engineer
Project Engineer
General Foreman
General Foreman
Senior Surveyor
Senior Surveyor
Please be aware that this is a full-time position, and candidates who wish to apply must be willing to relocate to Iraq. Those who are already residing in Iraq will be given priority consideration.
If interested please share your CV on [email protected] indicating position applied in the email subject.
Only candidates who meet the requirements will be contacted.
For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty, fashion, and art de vivre categories. More recently, the Group expanded its expertise into new categories of luxury watches, jewellery, and eyewear.
Every step at Chalhoub Group is taken with the customer at heart. Be it constantly reinventing itself or focusing on innovation to provide luxury experiences at over 750+ experiential retail stores, online and through mobile apps, each touch point leads to delighting the customer.
Today, Chalhoub Group stands for 14,000 skilled and talented professionals across seven countries, whose cohesive efforts have resulted in the Group being ranked third in the Middle East and first in Saudi Arabia as a Great Place to Work®.
To keep the innovation journey going, the Group has set up “The Greenhouse”, which is not just an innovation hub, but also an incubator space and accelerator for start-ups and small businesses in the region and internationally. This is just one of the several initiatives taken by the Group to reinvent itself, catalysed by forward thinking and future-proofing. The Group has also been embedding sustainability at the core of its business strategy with a clear commitment towards people, partners and the planet, and by being a member of the United Nations Global Compact Community and signatory of the Women’s Empowerment Principles.
What you’ll be doing
The job holder of this position is responsible for the recording of supplier invoices and reconciliation of supplier statements in line with related policies and procedures. The job holder is also responsible for financial and KPI reporting.
Key Responsibilities
Organizational
Follow all relevant accounting policies, processes and standard operating procedures so that work is carried out in a controlled and consistent manner
Operational:
Implement activities under close supervision
Escalate complex problems to the relevant person to ensure case/issue is closed efficiently and in timely a manner
Accounts Payable
Check the completeness of all documentation provided by document controller/accounting desk control
Prepare reconciliation for assigned suppliers, freight forwarders, customs, with the required supporting documentation and submit to Senior Accountant
Adhere to the reconciliation schedule for all assigned suppliers or companies as the case may be
Escalate all reconciling items as per the escalation matrix
Responsible for providing all supporting documentation required for processing any payment for assigned suppliers
Assume responsibility for insurance claims for lost and damaged goods for assigned suppliers
Responsible for allocation of all prepayments made to assigned suppliers
Responsible for working on AP aging particularly items/suppliers which are overdue
Participate in month-end and book closure procedures & provide assigned reports to senior/chief accountant
Participate and support the implementation and maintenance of the Oracle ERP
Provide assistance in ensuring the work and deadlines of fellow team members is completed during periods of leave as directed by the Senior & Chief Accountant – Non-Allied Goods P2P
Prepare/update travel expense forms
Verify tourney, actual trip, advance provided and all supporting documents with appropriate approvals
Prepare the trip reimbursement summary and input all travel expenses in EBS – Oracle
Assist in corporate credit cards management in coordination with Financial Analysts
Update employees accounts for all expenses every month and forward employees statement to payroll team
Circulate email of employees who are leaving to all accountants and update the statement for any deductions and forwards it to payroll team
Provide monthly summary of unliquidated employee trip advances to reporting accountant for accruals
Provide employee GL details, after monthly closing, to the reporting accountant to be included in their monthly schedule
Coordinate with MDM team for the creation of new employee segments in EBS
Request IT to create new employee as supplier in EBS and check if this should be transferred to AP Accountant
Receive and process HR requests for advances, and forward for approval
Reconcile advances and expenses booked on monthly basis
Sales & Collection, Rents and Reporting:
Prepare consolidated credit card and cash collection reconciliation relating to the previous business day for the assigned shops
Identify discrepancies in expected cash collection and actual cash deposited in the bank by Trans Guard
Identify discrepancies in expected credit card collection and actual settlement by the acquiring bank;
Prepare all journal entries relating to cash and credit card collections and submit to the Chief Accountant – Retail Accounting for review
Prepare and submit to the Chief Accountant – Retail Accounting for all assigned shops a review of manual invoices issued and posted, ensuring the analysis has been agreed to the manual invoice control account in the general ledger
Ensure all gift vouchers are obtained from shops and filed in the appropriate filing folder for reference and review purposes
Prepare and submit to the Chief Accountant – Retail Accounting for all assigned shops a review of credit notes issued and redeemed, ensuring the analysis has been agreed to the store credit control account in the general ledger
Prepare and submit to the Chief Accountant – Retail Accounting for all assigned shops a review of layaway deposits issued and redeemed, ensuring the analysis has been agreed to the manual invoice control account in the general ledger
Statement of Financial Position monitoring for bank and tender accounts
Preparation of cash on hand and credit card receivable schedules for all assigned shops at least on a monthly basis during book closure
Ensure closing of bank reconciliations for all retail companies within the stipulated timeframe communicated for book closure
Explain and resolve queries pertaining to cash and credit card collection to the auditors on timely basis
Provide all the documents required by auditors at any time
Accounts Receivable:
Raise third party invoices, credit notes, debit notes into computer system using defined computer programs
Reconcile records with third party customers
Send statement of accounts to third party customers
Send collection follow-ups to all customers
Liaise with commercial team regarding collection issues
Prepare monthly aging of receivables
Prepare audit requirements under Inter-company scope
Verify the accuracy of invoices and other accounting documents and records
Intercompany:
Raise Intercompany invoices, credit notes, debit notes into computer system using defined computer programs
Book invoices from Intercompany suppliers
Raise recharge invoices to Intercompany
Reconcile records with inter-company customers and suppliers
Prepare and update records for checks’ requests and invoices for payment to Inter-companies
Prepare audit requirements under Inter-company scope
Treasury, Payments and Fixed Assets:
Compile data and prepare a variety of reports as requested
Allocate payments in oracle and raise online bank transfers
Prepare and update records for checks’ requests and invoices for payment
Coordinate with suppliers for the allocation of payments to their records
File payment vouchers properly for future retrieval purposes
Prepare daily cash position update and release payments based on availability of funds
Assist in performing monthly bank reconciliations
Enter data into computer system using defined computer programs (Oracle)
Verify the accuracy of invoices and other accounting documents and records
Update and maintain accounting journals, ledgers and other records detailing financial business transactions (e.g., disbursements, expense vouchers, receipts, accounts payable)
What you’ll need to succeed
•Bachelors degree in Accounting or Business Administration •Ability to interpret and analyze financial statements •Good command of English language
What we can offer you
With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.
We recognize the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts.
We Invite All Applicants to Apply
It Takes Diversity Of Thought, Culture, Background, Differing Abilities and Perspectives to truly Inspire, Exhilarate and Delight our customers. At Chalhoub Group, we are committed to inclusion and diversity.
We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.
Walk-in Interview from 07.03.24 till 30.04.24 ( 10am – 12:30 pm) for below posts. 1. Chinese Language 2. Customer Care Executive 3. Accountant 4. Assistant… From Indeed – Sun, 10 Mar 2024 13:36:54 GMT – View all Dubai jobs
On husband or father visa. INTERIOR DESIGN COMPANY LOOKING FOR FEMALE HR EXPERT CUM ACCOUNTANT. Salary: AED2,000.00 – AED3,000.00 per month. AED2,000 – AED3,000 a month From Indeed – Thu, 07 Mar 2024 17:43:33 GMT – View all Dubai jobs
Required GP Doctor, GP Dentist, Orthodontist, Dental Nurse and Registered Nurse with MOH license at Medical Centre in Khorfakkan. The Medical Staff will be responsible for day-to-day healthcare provision and treatment of patients, including diagnosis, prescribing medication and treatment, and consultations with other team members.
Required Accountant with the knowledge of (Accounting and Insurance).
<p>Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. </p>
<p>By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day</p>
<p> </p>
<p><b>Overview of the role</b><br>
The Financial controller will participate in the planning, performance management and controlling cycle of the business. He/she will be a trusted business partner to Managing Director o and his operations team. He/she will be responsible to develop the (financial) reporting process with state-of-the-art tools to provide both internal and external stakeholders with insightful, accurate and timely financial information.</p>
<p> </p>
<p><b>What you will do</b></p>
<ul>
<li>Review and analysis of monthly financial statements of all business operations and dispersion management across all brands within business units</li>
<li>Partner with Finance Leadership and to establish business unit P&L (Profit & Loss) performance review and develop reporting to review with key stakeholders</li>
<li>Perform detail costing for cost to serve and provide visibility on financials KPI (Key Performance Indicator) to drive business and operational accountability</li>
<li>Understand individual market dynamic on return and business opportunity</li>
<li>Translate to financials implication to drive P&L (Profit & Loss) and Cashflow optimization</li>
<li>Analysis of forecasts and budgets of all activities, locations, of business operations, including consistency checks</li>
<li>First line support of business operations and local financial controllers on finance related questions</li>
<li>Development, maintenance and analysis of divisional specific reports and dashboards;</li>
<li>Optimizing financial processes and performance through data analysis (e.g., process mining, business intelligence)</li>
<li>Analysis of consolidated product contribution margins</li>
<li>Preparation of accounting position papers</li>
<li>Support in development and delivery of extensive KPI (Key Performance Indicator) pyramid across business locations and brands/companies</li>
<li>Lead initiatives to improve financial decision making and visibility regarding inventory, demand, and supply at region.</li>
<li>Be the voice of finance in business and operations reviews. Challenge business case from a profitability and cashflow perspective</li>
<li>Manage the control environment for inventory and develop best practices</li>
<li>Prompt support to get ad-hoc data and analysis for General Manager and his Brand Lead / planning team.</li>
<li>Active role with Planning team on end-to-end forecasts, annual budget, strategic plans preparation</li>
<li>Financial ownership of all business activities with responsibility to provide effective and timely Management Reports on all Warranty and retention products</li>
<li>Develop detailed business MIS to encapsulate all the key performance indicators for end-to-end business operations and performance covering all financial, commercial & operational dimensions</li>
</ul>
<p> </p>
<p><b>Required skills to be successful</b></p>
<ul>
<li>Qualified Accountant or equivalent post graduate qualification</li>
<li>Minimum 12-15 years relevant experience </li>
<li>Excellent numeracy skills, Analytical skills, Positive leadership, Team-builder, Commercial awareness</li>
<li>Well-developed oral and written communication skills are a must. Ideal candidate must be self directed. Strong interpersonal and team building skills. </li>
</ul>
<p><br>
<b>About the team</b></p>
<p>The role will report to the Senior Financial Controller. <br>
<b> <br>
What equips you for the role</b></p>
<ul>
<li>Principal and customer negotiations</li>
<li>Stakeholder management</li>
<li>Strong understanding of P&L (Profit & Loss) and Balance sheet</li>
<li>Commercial understanding (contracts and commercials)</li>
</ul>
<p> </p>
<p> </p>
<p><b>About Al-Futtaim Automotive</b><br>
A major division of the UAE-based Al-Futtaim Group of companies, <b>Al-Futtaim Automotive</b> is an industry leader with presence in 10 countries across the Middle East, Asia and Africa.<br>
Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM.<br>
We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers – right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences. <br>
We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment.<br>
What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. <b>This is Al-Futtaim Automotive and we empower talent to move forward.</b></p>
<p>Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. </p>
<p>By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day</p>
<p> </p>
<p><b>Overview of the role:</b></p>
<p>As a member of Branch team – to support the dealership operation (Sales and After sales) – on (a) decision support for budgeting / forecasting/ MIS and KPI achievement (b) ensure compliance with company policies and procedures with major emphasis on – cash control, sales accounting and approvals credit controls & approvals, stock controls, audit report follow-up and (c) day to day internal controls review and improvement.</p>
<p> </p>
<p><b>What you will do:</b></p>
<p><u>Financial Performance Review & Commercial Support to Branch Management</u></p>
<ul>
<li>Perform regular Branch level (Sales & Aftersales) Financial reviews and variance analysis with Branch Management (DP) for all responsible branches and thus ensuring that branch performance is in line with relevant budgets/Forecasts </li>
<li>Support Branch Management (DP) in review of KPI trends (Sales & Aftersales), suggest improvement plans and prepare reports/analysis for monthly Branch reviews to be held with Director Retail & BUFM.</li>
<li>Regularly monitor and control Branch indirect costs (Facility Maintenance, casual labours, utilities, data processing, stationery, cafeteria etc)</li>
<li>Supporting Branch Management in synergising process and costs between sales, aftersales and other brands within the same site </li>
<li>Check and ensure that all Branch POs are created, and GRs completed within the relevant months and adequate provisions are booked before close of month to reflect right profitability.</li>
<li>Validating CAPEX cost requirements at branches and ensuring that these are within budgeted levels.<br>
</li>
</ul>
<p><u>Forecast and Budget Support</u></p>
<ul>
<li>Support branch management by validating Weekly Forecasts (Sales & Aftersales) submitted to HO</li>
<li>Supporting FM & GM with Preparation of site wise Quarterly Forecasts, Annual Budgets and upload into SAP<br>
</li>
</ul>
<p><u>Sales Accounting and cash control</u></p>
<ul>
<li>Oversee via the Branch Accountants and Accounts Assistants to ensure all documentation is complete as per company procedures for all Finance / Cash / Credit / Inter and Intra company deals for Sales & Aftersales.</li>
<li>Ensure through branch Finance team the release of VCC, Sale letter & Gate passes (Sales & Aftersales) are in line with company procedures.</li>
<li>Validation through test checks of Sales document pack /LPO and credit approval or clear funds/ registration copy and delivery to ensure process compliance.</li>
<li>Ensure that refunds are processed by branch within the sub-delegated authority with proper documentation and those beyond Branch authority are processed through Central Finance (AFSS).</li>
<li>Check and validate all agreed check list before confirming passport release of branch staff.</li>
<li>Reviewing all petty cash payments, test checking daily collections and deposits to ensure compliance</li>
<li>Liaise with Central Finance (AFSS) and other departments to ensure that all intercompany transactions, upsell recoveries, Pricing differences etc are regularly reconciled and kept on track<br>
</li>
</ul>
<p><u>Stock, Insurance & WIP controls</u></p>
<ul>
<li>Ensure Stock controllers adhere to standard documentation and procedures about stock movements and best practices followed on stock management of on-site stocks including Demo/display/Damaged stock.</li>
<li>Ensure adequate insurance coverage is in place for dealership stock, cash, assets and other components at all times.</li>
<li>Review periodical physical inventory (Units and Parts) and reconciliation to ensure physical stocks match with the system stocks.</li>
<li>Participate in and support the smooth conduct of Annual stock counts (Units and Parts)</li>
<li>Monitoring of aftersales WIPs at branches regularly and ensure timely closing of job cards to ensure revenue recognition as per IFRS<br>
</li>
</ul>
<p><u>Credit Control & AR Collections</u></p>
<ul>
<li>Facilitate through Branch Finance team, timely submission of Finance deal packs and provide support and follow up with AFF for early collection of bank debts.</li>
<li>Review with Sales team (sales & aftersales) on overdue and collection on regular basis and provide status report to Branch Management and BUFM<br>
</li>
</ul>
<p><u>Policy, Procedures and Internal Audit recommendations</u></p>
<ul>
<li>Ensuring that all Finance SOPs are adhered to by the branch and adequate advice is provided in compliance matters (INDs, DNIs export sales etc.) </li>
<li>Continuous review of existing policy and procedures and recommend improvements to strengthen internal control.</li>
<li>Facilitate Group internal audit review of branch operations and ensure timely implementation of audit recommendations<br>
</li>
</ul>
<p><u>Leadership</u></p>
<ul>
<li>To lead and supervise the finance team of all responsible Branches (Sales & Aftersales)</li>
<li>Provide appropriate trainings to the Branch Finance team from time to time.<br>
</li>
</ul>
<p><u>Ad hoc tasks & Projects </u></p>
<ul>
<li>To carry out Ad Hoc tasks/reports as defined by the BUFM / Branch Management / GM or any other member of Senior Management. </li>
<li>Involve into Projects representing various business areas as and when required.<br>
</li>
</ul>
<p><b>Required Skills to be successful:</b></p>
<ul>
<li>5+ Years of Experience in Automotive industry</li>
<li>Strong knowledge of KSA tax regulation Tax laws and IFRS </li>
<li>Ability to meet tight deadlines in fast pace environment</li>
<li>Must be an excellent team player<br>
</li>
</ul>
<p><b>About the Team:</b></p>
<p>This role will be reporting directly to the Financial Controller</p>
<p> </p>
<p><b>What equips you for the role:</b></p>
<ul>
<li>Chartered Accountant (or similar qualification)</li>
<li>5 years local market experience in Automotive dealership or retail environment </li>
</ul>
<p><br>
Job-Specific Skills: Analytical, process oriented, good communication skills, exposure to ERP </p>
<p>Behavioural Competencies: Should be able to plan and prioritize tasks, persuasive skills, Kaizan attitude, Self starter; and a strong team player.<br>
</p>
<p> </p>
<p> </p>
<p><b>About Al-Futtaim Automotive</b><br>
A major division of the UAE-based Al-Futtaim Group of companies, <b>Al-Futtaim Automotive</b> is an industry leader with presence in 10 countries across the Middle East, Asia and Africa.<br>
Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM as well as EV brands. <br>
We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers – right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences. We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment.<br>
<br>
What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. <b>This is Al-Futtaim Automotive and we empower talent to move forward.</b></p>
Implement the sales plans to achieve sales goals, sell the company’s products in the market, and ensure outstanding customer service.
Main roles and responsibilities:
Representing the company in promoting and selling its products.
Opening new sales opportunities and increasing the number of customers.
Implementing the established sales plan.
Collecting the amounts owed by customers according to the contracts concluded and following up on them.
Communicating with regular and potential customers periodically to present new products, their features, their benefits, and to bring orders from them.
After-sales customer service and conducting contracts with the customer in order to provide ongoing support.
Providing product samples and catalogs to customers.
Continuous awareness of market conditions, innovative products, competitors’ products, prices and sales.
Preparing daily and periodic reports to the branch manager.
Collecting the value of sales executed according to the agreed upon contract and supplying the collected funds daily.
Ensure that the customer signs the received invoices in coordination with the accountant and the warehouse.
Daily coordination with the accountant to monitor the balance of the client’s debt.
Register the order within the credit limit and according to the customer’s actual need.
Follow up on orders with the warehouse supervisor to ensure their arrival to the customer.
Commitment to implementing the internal system for periodic reconciliation of client accounts.
Follow up on customer feedback, prepare the required report, sign it, and deliver it to the branch manager for approval.
The Financial Analyst performs economic/financial research and analyses as assigned for use in the development of business strategies and tactics and in subsequent appraisal of results. Prepares statistical studies and economic forecasts of business conditions and trends and draws relevant conclusions. He/she interprets results and provides alternatives for further consideration
Job Responsibilities 1
Principal Accountabilities
Provides guidelines for standard cost approaches used in business decisions and establishes and monitors cost reduction programs.
Reviews all accrued expenses on a monthly basis.
Ensures accurate and timely month-end, quarterly and year-end close documents.
Reviews, audits, and verifies financial statements and related summaries and reports.
Job Responsibilities 2
1. Provides guidelines for standard cost approaches used in business decisions and establishes and monitors cost reduction programs.
2. Provides direction to functional counterparts in operating units as required, and to operating and senior management on matters involving cost determination problems, or issues such as inventory valuation, distribution of overhead, treatment of joint costs and product pricing.
3. Conducts special studies and analyses such as determination of work-in-house, or subcontract and cost impact of proposed facilities or processes.
4. Identifies and investigates issues related to assigned projects, determines scope, and selects approach from the accepted methodology or recommended alternatives.
5. Defines assumptions for the quantification and analysis of investments, acquisitions or divestitures.
6. Participates in the development of long-range financial forecasts and related budgets, considering alternative scenarios and economic prospects as appropriate.
7. Reviews the monthly trial balance in collaboration with the Chief Accountant. Review all monthly bank reconciliation and match it with original bank accounts.
Ensures that monthly trial balance is reviewed and all monthly bank reconciliation.
8. Follow up with Senior Finance Director to implement the company’s budget and compare it with the actual expenses.
Ensures proper follow up re implementation of the company’s budget comparing it to the actual expenses
9. Reviews all accrued expenses on a monthly basis. Review the depreciation process for the fixed assets to ensure right direction of the depreciation expenses (the right cost drive of the depreciation).
Ensures that thorough review on all accrued expenses as well as the depreciation process for the fixed assets.
10. Manages and provides assistance in managing or maintaining accounts of strategic clients.
Helps in managing and providing assistance in maintaining accounts of strategic clients.
11. Monitors all over work related to year end closing procedures to issue the yearly audited financial statement of the company.
Monitors all over work related to year end closing procedures to issue the yearly audited financial statement of the company.
The role entails offering guidance and assistance to Company Management regarding all financial affairs, ensuring adherence to procedures and authority schedules, as well as overseeing the maintenance of accounts and company assets. This is aimed at accurately depicting the financial status of the company while ensuring control and compliance.
Client Details
Our client is a privately owned conglomerate with operations spanning across the Middle East. It maintains a significant presence with over 150 stores and 20+ showrooms across various regional markets. Headquartered in Dubai, UAE, the company boasts a substantial workforce.
Description Offer guidance, support, and advisory services to company management on financial matters encompassing budget preparation and presentation, management accounting, Management Information System (MIS), and the generation of various financial and non-financial reports and statements.Coordinate with central and departmental units for budgeting and forecasting purposes, consolidating annual accounts, and ensuring the prompt auditing of annual accounts.Implement budgetary controls and adhere to prescribed procedures for asset management, including fiscal and physical oversight. Additionally, oversee procurement processes and services. Ensure compliance with tax regulations, filing returns promptly where necessary.Coordinate with corporate finance to secure appropriate insurance coverage for company assets.Manage inventory control functions, including order approval, Letter of Credit (L/C) issuance, document retirement, cost analysis, pricing, insurance, and review of inventory aging, to maintain compliance with established norms.Enforce credit limit controls and procedures, reviewing debtor collection and aging, advising management on credit limits, and providing Management Information System (MIS) and exception reporting.Supervise internal and external payments, ensuring adherence to approved terms for goods and services supplied, and exercise controls over procurement processes and services. Ensure all approved accounting entries are accurately reflected in company accounts as per the schedule of authority. Maintain up-to-date accounts reflecting all business transactions, including reconciliation with banks, debtors, creditors, and group companies. Monitor bank balances against approved facilities, project cash flows, and notify relevant authorities of potential shortfalls. Implement controls over cash collections, holdings, and banking activities.Communicate forecasted foreign exchange requirements to Head Office Finance and advise on any necessary changes.Oversee monthly and annual closing activities in accordance with corporate policies and International Financial Reporting Standards (IFRS), ensuring the timely submission of monthly management reports.
Profile
Education Chartered Accountant (CA) qualification
Skills & Experience 4 to 5 years of experience post qualificationFamiliarity with international accounting practices in a computerized environmentProficient in PC usage with advanced Excel skills and exposure to Enterprise Resource Planning (ERP) solutionsStrong knowledge of International Financial Reporting Standards (IFRS)Proficiency in financial analysisAdvanced analytical, numerical, and research abilitiesExcellent organizational and planning skills, including the capacity to perform under pressure and meet tight deadlinesEffective communication and negotiation skills
Job Offer
Competitive monthly salary and benefits with a chance to grow within the team.
