Finance Manager

Overview of the role:

We are looking for finance manager to manage Qatar & Oman finance 

What you will do:

Financial Accounting

•   Manage financial and management accounting for Rental and Leasing business as per IAS, IFRS and as per AF Group defined guidelines 

•   GL, Profit Center and Cost Center Management – maintenance of effective & defined GL, PC & CC in SAP

•   Reconciliation of Vendors, Accruals, Banks, Qatar/Oman: Traffic Fines, Fixed Assets, etc. on timely basis

•   Leasing and rental to understand full end to end system and process, 

•   Regular monitor of Qatar/Oman front end system transactions and postings

•   Monitor Qatar/Oman front end system and SAP reconciliations

Preparation of Forecasts and Budgets

•   Preparation of the monthly pre flash forecasts, working closely with the FP&A and controllership central team.

•   Preparation and ownership of quarterly forecasts and planning exercise.

•   Preparation and ownership for entity budgeting exercise 

Reporting & Audit

•   Preparation of Monthly Financials pack for both entities 

•   Preparation of mid-month forecasts during the month as required

•   Submission of BI/BPC/Forecast/Flash/ Actuals in Auto IFRP systems

•   Monthly, Quarterly, and Ad-hoc reporting related to Qatar/Oman

•   Support the internal, external and regulatory audit and Ensure timely preparation of audit data as per requirement and all feedbacks are implemented after 

Policies, Processes & Documentation

•   Ensure accounting records are updated as per defined accounting policies for different functions and sub-function

•   Annual review of accounting policies, i.e. FA/GL/AR/AP/VAT

•   Recommend promptly updating of policies as per changes in business or as per requirement.

•   Development and customization of desired reports in SAP based on business requirement.

•   Explore & implement automation of various reports from IFRP system.

ICM & Vendor Management

•   Ensure ICM mechanism is in place for automotive brands dealer incentives and ICM auto acceptance postings and carry out reconciliation, if required. 

•   ICM transactions are reviewed every month, initiate closure of old pending transactions issues, escalate open ICM transactions for its timely closure.

•   Ensure vendor invoices are properly approved, booked before initiating payment on respective due date.

•   Ensure efficient documentation system is maintained.

•   Ensure that PO related and Non-PO related vendor invoices are booked within 2 working days of receipt of invoices with relevant Tax code and GL assigned. Reconcile GR/IR GL on monthly basis 

•   To ensure online payment system is secured without manual intervention OR to explore alternate payment option in Mashreq Matrix.