Our client has a legacy of the oldest family-run conglomerate with their business including manufacturing, food and beverage, real estate, distribution, and solutions providers in the UAE, KSA, Qatar, and Oman.
The Manager Accounting is responsible for overseeing the accounting operations of the organization, ensuring compliance with regulatory standards, and providing strategic financial insights to support decision-making. This role involves leading a team of accounting professionals, managing financial reporting, and ensuring the integrity of the organizations financial data.
Key Responsibilities:
1. Strategic Leadership:
-Develop and implement accounting policies, procedures, and systems to ensure operational efficiency and compliance.
-Provide financial insights and analysis to senior management to support strategic planning.
-Collaborate with cross-functional teams to align accounting processes with organizational goals.
2. Team Management:
-Lead, mentor, and manage the accounting team, fostering a high-performance culture.
-Oversee training and professional development of accounting staff.
-Assign responsibilities and set deliverables for team members.
3. Financial Reporting:
-Ensure timely and accurate preparation of financial statements, including balance sheets, income statements, and cash flow statements.
-Oversee monthly, quarterly, and annual financial close processes.
-Present financial results to senior leadership and stakeholders.
4. Compliance and Controls:
-Ensure compliance with local and international accounting standards (e.g., IFRS).
-Manage tax compliance, including filing of VAT and corporate tax returns as well as other statutory requirements.
-Implement and monitor internal controls to safeguard company assets and ensure accurate financial reporting.
5. Budgeting and Forecasting
-Coordinate with all stakeholders for the preparation of annual budgets and periodic forecasts.Monitor budget performance and analyze variances, providing accountable recommendations.Partner with Business Heads and Department Heads to optimize financial resource allocation.
6. Audit and Risk Management:
-Liaise with internal and external auditors to facilitate audit processes.
-Address audit findings and implement recommendations.
-Identify financial risks and develop mi-ga-on strategies.
7. Technology and Process Improvement:
-Evaluate and implement accounting software and technology solutions to improve efficiency.
-Drive process improvements and automation initatives in accounting operations.
Key Skills & Qualifications:
-Bachelors degree in Accounting, Finance, or related field (Masters degree or CPA/CA preferred).
-Minimum 10 years of accounting experience, with at least 5 years in a leadership role.
-Proven experience in financial reporting and compliance.
-Proficiency in accounting software (e.g., Oracle).
-Strong knowledge of financial regulations and tax laws across the GCC.
-Leadership and team management abilities.
-Excellent analytical and problem-solving skills.
-Strong communication and presentation skills.