Accounts Manager

Job description / Role

Objectives: The Accounting Manager is responsible for all areas relating to financial reporting. This position is responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. The Accounting Manager supervises three or more staff accountants and is responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation and the support of budget and forecast activities.

Main responsibilities:
• Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
• Ensure an accurate and timely monthly, quarterly and year-end close.
• Supervise the general ledger to ensure all financial reporting deadlines are met
• Supervise the receivables collection according to the company policy and to supervise the settlement and timely return of the daily sales invoices in all its types (Cash and credit) after delivery or service.
• Supervise the payable and ensure its accuracy.
• Ensure assigned tasks and job responsibility officially for every staff in the accounting department as needed and ensure compliance of every staff to the same for easy conduct a performance evaluation for them whenever needed.
• Ensure integrating the assigned staff tasks, responsibilities and roles into the company’s ERP system and to apply with help of the company’s IT the appropriate security levels of each staff and to run every month activity logs and report it to the GM.
• Ensure maintaining the company’s important stationary’s such as cheque books/blank invoices/receipt and payment vouchers in a secured and safe place.
• Ensure the monthly and quarterly Bank Compliance activities & reconciliations are performed in a timely and accurate manner.
• Coordinate and resolve various issues with banks such as cleared cheque differences, bounced cheques, bank fees and enhancements to online services.
• Support budget and forecasting activities to ensure Budget vs. Actual.
• Collaborate with the other company’s department managers to support overall department goals and objectives.
• Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
• Perform stock taking quarterly for equipments/parts /tools/assets inventory and report any differences. Also to supervise the company’s monthly random inventory and report its result .
• Assist in development and implementation of new procedures and features to enhance the workflow of the department.

Salary:
AED 9,000 to 12,000 per month inclusive of fixed allowances.

Requirements

• University Qualifications: Bachelors Degree (Accounting, Financial Management)
• Nature and length of previous experience: with at least 3 years managerial position experience
• Specialist knowledge: Financial Analysis, SAP, ERP
• Age Range: 30 to 45 years old

About the Company

Welcome to Newmatic, the region's most experienced Commercial Laundry Equipment and Spare Parts specialists since 1993.

We have built our reputation on providing competitive solutions to our customers.

Our business techniques and service are constantly evolving to satisfy the demands of our growing customer base.