Manager Accounting and Reporting

Seeker Group

Sharjah, UAE

Posted
Ref: SP391-03

Job description / Role

Employment: Full Time

Major Functions
• Provide key support to the Director, with accurate financial, business intelligence and commercial inputs on all projects in varied business sectors and growth stages enabling effective decision-making
• Be adept with financial modelling for one and all projects
• Build and strengthen the Accounting and reporting function for the division. Ensure full compliance with IFRS
• Establish and implement best-in-class financial SOP’s for each of the projects under the overall framework

Key support to the Director
• Existing projects: Provide reports on the performance of projects as frequently as required. Assist in live decision making by providing reliable financial inputs from a thorough analysis of the results.
• New projects: Assist in due-diligence of new projects by providing financial, business intelligence and commercial inputs on an on-going basis. Assist in reviewing key contracts and summarising key points and provide inputs on potential issues, and coordinate setting-up of legal entities
• Financial modelling
• Develop and maintain financial models for one and all projects in different sectors and at various growth stages.
• The models should provide comprehensive financial statements along with key KPIs
• Skillfully make relevant assumptions for the models, update as needed, and logically explain the outcomes
• Thoroughly capture actual data against projections thereby facilitating prompt reporting on results compared to targets
• Prepare presentations (in PPT, word memos etc.) succinctly explaining the financial feasibility of projects, including key metrics such as capital requirement, CAPEX, revenue, margins and EBITDA
• Accounting and reporting function
• Develop a strong accounting department at a division level and for each of its projects Supervise the team by providing ample guidance on tasks to perform within standard timeframes and ensure quality in all aspects, including data storage and retrieval
• Consolidate all financial data, coming from the various systems being used by each of the projects, into one common accounting and reporting platform
• Ensure full compliance with IFRS, and prepare financial statements for audit by the group auditor in the approved time frame
• Prepare annual budgets for the division and for each of its projects for approval by the Board.
• Closely monitor that financial commitments are within the approved budgets and promptly flag any potential variances
• Provide periodic detailed financial reports on the division to Company for consolidation purposes, (such as weekly funds position, monthly budget vs. actuals (with explanations for variances, cash flows, income statement and balance sheet with schedules etc.)
• Ensure full compliance with all local and international regulations (such as UAE VAT law)
• Issue and verify cash-calls for all the businesses
• Implement VAT strategy, including reporting and filing for all businesses
• Ensure adherence to DoAs and approved budgets for all businesses
• Best-in-class financial SOPs
• Develop, strengthen and implement financial SOPs for all work streams of including its varied projects, such as control over revenue collections, cash-calls, selection of vendors, extension of credit facility to customers, processing expense claims, setting-up of bank accounts, payments etc

Requirements

• 8 to 10 years relevant experience
• Financial modelling experience is essential
• Chartered Accountant
• Corporate Finance education at undergraduate or Masters level
• Additionally, MBA (Finance) preferred
• Excellent communication (written & verbal skills) in English
• Excellent understanding of the company business
• Excellent organisation skills
• Ability to meet deadlines
• Multitasking skills
• Knowledge sharing

About the Company

Seeker Group is a passionate team of knowledgeable recruitment experts who possess a wealth of experience recruiting within the Middle East. We’re all about introducing exceptional talent to great companies, executing swift, effective search projects & developing effective scalable recruitment solutions for our clients.

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Account Manager salaries in UAE

Average monthly compensation
AED 14,500

Breakdown available for industries, cities and years of experience