Finance Manager - Iraq VFS Global

Job Overview - The Manager - Finance will be responsible for leading the financial operations of the company's regional branch in support of the Regional Head. Additionally, this role entails supporting the organization in achieving its financial targets by implementing innovative initiatives to generate additional revenue and manage costs, while ensuring compliance with legal and statutory requirements.

Key Responsibilities

Financial Management and Compliance • Assist the Regional Head in overseeing the region’s finance, accounting, budgetary controls, project budgeting, pricing, management information systems (MIS), statutory compliance, tax filing (both direct and indirect), and audit-related activities. • Ensure compliance with legal requirements, internal reporting standards, Finance Standard Operating Procedures (SOP), and VFS Global policies. • Oversee Financial Accounting and Reporting compliance, submitting a monthly compliance certificate by the 7th of each month to maintain internal customer satisfaction. Reporting and Auditing • Collaborate with Admin, Security, and IT teams to verify Financial Accounting and Reporting (FAR) on a quarterly basis, confirming accuracy to the Regional Finance Controller (RFC). • Manage monthly Embassy accounts reconciliation and submit a control confirmation to the RFC. • Conduct regular site visits and surprise audits of VACs to assess finance-related activities, with a minimum of two visits per VAC annually. • Address internal audit requirements promptly, ensuring audit report closure within seven working days. Budgeting and Performance Improvement • Prepare and manage project and quarterly budgets for the region. • Maintain a tracker for business updates and additional revenue/cost-saving opportunities in South Asia, sending it to the RFC monthly by the 10th. • Generate MIS reports that include monthly profitability analysis against budgets and routinely review books/MIS to ensure accuracy. • Prepare cash flow projections to support financial planning. • Lead cost-saving and revenue-generation initiatives, ensuring effective implementation. • Oversee special projects, including ISO and SAP implementations. • Foster team development by identifying professional growth opportunities, recognizing training needs, and providing necessary training to colleagues and team members. Environment, Social & Governance: • Promote judicious use of natural resources. • Adhere to the organisation's environment, health, and safety policies, objectives, and guidelines