A. Financial Accounting and Reporting:
Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)
Extensive exposure & excellence in conceptual knowledge in IFRS (International Financial Reporting Standards)
Develop, implement, and ensure the full and sustainable compliance with internal financial and accounting policies and procedures
Ensure that all statutory requirements of the company are met including government filings and fees
Prepare all supporting information for the annual audit and liaise with the Board of Director and their assigned external auditors as necessary
Document and maintain complete and accurate supporting info for all financial transactions
Develop and maintain financial accounting policies, procedures and systems for company fixed assets, inventory, investments accounts payable, accounts receivable, credit control and cash management (including the hedging policy)
Manage and oversee all bank and investment accounts
Liaising with banks and financial institutions for smooth functioning of various operations
Review monthly financial results and implement monthly variance reporting
Manage the cash flow and prepare cash flow forecasts in accordance with policy
Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll
Develop and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation
Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
Attend Board and Subcommittee meetings: including being the lead on the Audit/Finance committee.
Supporting the Business heads with vital analysis on estimates and Cash metrics analysis (Working Capital Analysis).
B. Payroll Preparation and Administration
Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner
Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff
Investigate cost-effective benefit plans which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
Train the finance unit and other staff on raising awareness and knowledge of financial management matters
C. Budget Preparation
Establish guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the General Manager and The Board of Directors
Develop operational and capital budgets, assists plant manager and other departments in preparing their own budgets
D. Project management accounting
Create, maintaining, monitor and reporting of the project budgets by discussing and agreeing with the functional leaders.
Perform analysis and advise the project manager on cost variances in a timely manner such that corrective actions can be made in right time to maintain project within budget and within time
Maintain financial records for each project in a manner that facilitates management reports
Reporting of project forecasts (quantities and costs) by working closely with the project team
Ensure that accurate and timely financial statements are prepared in accordance with contracts or agreements with funders
E. Risk management
Monitor risk management policies and procedures to ensure that all the company risks are minimized
Advise the General Manager on appropriate insurance coverage for the company and the Board of Directors
Maximize income where possible and appropriate while maintaining low risk
Job Details
| Date Posted: | 2014-04-21 |
| Job Location: | Abu Dhabi, United Arab Emirates |
| Job Role: | Management |
| Company Industry: | Manufacturing and Production; Manufacturing |
Preferred Candidate
| Career Level: | Management |
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Date Posted: April 21, 2014 at 08:22AM
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Finance Manager - TAWEELAH ALUMINIUM EXTRUSION CO LLC - TALEX
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