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Head of Financial Accounts - UAE National

twofour54

7 - 8 years Abu Dhabi - United Arab Emirates

Bachelor of Commerce(Commerce). Emirati (UAE)


, Posted on February 23, 2018 1 Opening

Job Description

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Role Purpose
The job holder will be responsible for overseeing the general accounting and the financial services areas including Credit and collection, A/R and A/P including accruals and prepayments.
She/he will be responsible for implementing and maintaining a system of internal controls to ensure that all financial reporting is prepared in compliance with MZA financial policies and procedures. Duties & Responsibilities
• To manage the monthly close process and ensure all balance sheet accountsare reconciled
• Ensure adequate financial records are maintained for audit purposes.
• Managing and overseeing the daily operations of the accounting department including; month and year end process, accounts receivables/payables, cash receipts, general ledger, cash forecasting, bank reconciliation.
• Establishing and enforcing proper accounting methods, policies and procedures.
• Ensure that the three-way matching principle is followed for the issued payments and the suppliers are paid on timely basis.
• Follow up with Partners on collection where needed.
• Responsible for cash flow management and managing day to day banking relationships.
• Manage Value Added Tax (VAT) returns ensuring they are submitted on a timely basis
• Be an active and key member of the Credit Committee
• Improve systems and procedures and initiate corrective actions and ensure team roll them out.
• Set team objectives, monitor performance, delegate responsibilities.
• Provide necessary support and guidance.
• Work with the other Finance team members to streamline internal financial reports and reporting processes to deliver more efficient, more effective, and more useful reports and analysis.


Industry Type : Media / Publishing / TV / Radio / Outdoor / Digital
Functional Area : Accounts / Taxation / Audit / Company Secretary

Desired Candidate Profile


• Knowledge of IFRS
• Expertise in preparing management accounts including Balance Sheet and Cash Flow Statement
• Adequate knowledge of Oracle application
• Understanding of business processes and knowledge of Best Practices in terms of processes, policies and procedures.
• Fluency in MS Office
• Atleast 7 years of related work experience
• Bachelor s Degree - Finance/Accounting or similar

Keywords

Head of Financial Accounts Auditing VAT General accounting Balance Sheet Forecasting IFRS Oracle MS Office Financial services Cash flow management

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twofour54


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