Job description / Role
Line of Service
Internal Firm Services
IFS - Finance
Job Description & Summary
The Job Holder will work directly with the Country Finance Senior Manager and will assume day to day operational responsibilities for oversight, smooth execution and timely delivery of Finance requirements to reporting deadlines across the business.
International Financial Reporting Standards (IFRS), established policies and procedures, departmental guidelines, and applicable regulatory requirements will be the basis for the governance of Country Finance, it will be pivotal to this role to ensure compliance across the presentation of transactions and results. The role encompasses management oversight of all local finance staff in the respective functions, extending to close coordination with the One Finance Shared Service Center in ensuring business continuity through the processing of transactions and achieving key performance indicators in practice for the functions.
The Job holder will be required to travel across the ME Region/Levant on a need basis.
- Review of transactions and account balances in the General Ledger system/financial systems to ensure data integrity, accuracy and validity on a continuous basis, followed by review of key account reconciliations on a periodic basis.
- Understand and analyse the account balances in the Trial Balance, Operating Statement and the Balance Sheet by legal entity to ensure compliance with IFRS and conformity with the chart of accounts.
- Review and approval of Accounts Payable payment activity for accuracy and completeness including audit of Vendor Management information for the detection and prevention of fraud / error / omissions / misstatements..
- Assist with interpretation and analysis of monthly results, identifying underlying trends, providing value added insight into the underlying business activity impacting performance and developing recommendations for proactive management action.
- Strategic management of working capital through optimisation of cash flow forecasts presenting risk analysis and opportunities to , influence behaviour changes and to minimise Balance Sheet risk.
- Coordinate with the Firm Tax and Statutory Compliance teams to ensure Tax filings and Statutory financial statements are finalised ahead of the filing dates.
- Work closely with the Country Senior Manager to ensure effective coordination with other functional areas (Human Capital, IT, Leadership etc.) to maximise value added support to the business and building cross-functional relationships as needed.
- Maintain a strong understanding of commercial activities within each country, understanding regulations, how they affect the operations, and providing training where appropriate.
- Lead local Finance staff to deliver best in class financial management and decision support to the business units and internal functions.
- Provide leadership for country finance staff on a daily basis, ensuring regular meetings as required to enhance wider understanding and maintain constructive relationships.
- Act as a communicator of best practice financial management and leading change management actions locally through proactive learning and development of team and self..
- Collaborate and work closely with the various Shared Delivery Centres providing a OneFinance professional delivery model.
- Ensure queries and requests from the business and internal functions are responded to in a timely manner, ensuring effective control and escalation procedures are in operation to support Country Finance Senior Manager.
- Act as a key resource and liaison to other functional areas of the business.
- Ensure financial management procedures are tightly managed so as to ensure a 'no surprises' environment.
- Ensure delivery of high quality and timely month end results, assisting with insightful analysis, commentary and interpretation thereof.
- Act as a guardian and encourage a culture and strong financial discipline across the practice, communicating and ensuring compliance with Firm policies and procedures.
- Coordination with both internal and external auditors, taking the lead on audit engagement ensuring strict compliance and demonstration of effective control over Country Finance .
Learning & Growth
- Responsible for the continuing professional development of self and team members.
- Be a role model for the collaborative environment within PwC ME, embracing technological advancements and taking a leadership role in the development of Country Finance.
- Lead, motivate and inspire the local finance staff, driving performance to a new level to focus on ongoing quality improvement, staff development and training, best practice sharing and greater team working.
- Develop talent within the team by providing consistent direction and support.
- Professional qualification in finance (e.g: CA or ACCA) is compulsory.
- A Bachelor's Degree in Finance, Accounting, or Business Administration will be an added advantage.
- Fluency in spoken and written English with excellent communication skills, proficiency in Arabic is an advantage.
- 5+ years of experience in a Finance function of which at least 5 years in a management control / supervision role.
- Demonstrable experience within the ME Region.
- Strong financial, analytical and accounting skills.
- Excellent level of accuracy to a high level of detail.
- Excellent Microsoft Excel skills.
- In depth knowledge of financial operations and processes, including accounting, reporting and financial control activities.
- Understanding of IFRS and general accounting standards and practices.
- Ability to influence senior management and to maintain a strong working relationship across the Firm.
- Good organisation and decision making skills.
- Organization, thoroughness, eye for detail, time management skills and proactivity needed.
- Skilled in maintaining client relationships.
- Strong work ethics and ethical conduct.
- Good people management skills.
- Strong verbal and written communicator.
About the Company
PwC firms help organizations and individuals to create the value they're looking for.
We're a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. PwC is the brand under which member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide services. Together, these firms form the global PwC network.
In our 3 key areas of business or Lines of Service Assurance, Tax, and Advisory we work with our clients from business start ups to the worlds leading organizations to measure, protect and enhance the things that matter most to them.
We help our own people to learn, discover, develop and make a real difference all the way through their working lives. And we have big ambitions to grow.
PwC Middle East Region is part of what we call the Central Cluster and includes the UK, Europe and Africa as well as the Middle East. The region consists of 12 markets - UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, Egypt, Libya, Iraq and Palestine.
PwC has been established in the region for over 40 years, we already employ over 4500 people and we are on course to become the Middle East number one professional service firm.