Job Description
Job Summary
Seeking a dynamic finance professional with expertise in accrual advisories, monitoring AR and handling the financial reporting. The role involves overseeing financial operations, ensuring compliance, managing vendor relationships, and contributing to process efficiency, with a focus on achieving key performance indicators for accuracy, efficiency, and timely reporting.
Roles & Responsibilities
Financial Operations:
- Calculate and prepare the accruals for specific expense heads to ensure proper accrual model accounting and expense reporting
- Support and Participate in the preparation of Quarterly Board Reviews (QBR) and Annual Operating Plans (AOP), including preparing financial slides.
- Handle cross-charging costs to related parties in compliance with guidelines.
- Analyze SG&A (Overhead) expenses at a granular route level, prepare monthly expense trackers, and assess variances against budget and prior year figures
- Perform GL (General Ledger) and cost center reconciliations to ensure data integrity.
- Review and analyze variances in GL and cost center accounts.
Receivables Management:
- Monitor AR (Accounts Receivable) aging reports and follow up to maintain AR hygiene improving the receivable days
Financial Reporting:
- Consolidate financial data from other GCC countries to support internal and external reporting requirements.
- Respond to ad-hoc requests from management with accurate and timely information.
Vendor Management and Process Efficiency:
- Vendor Balance monitoring and ensure the timely booking the expense and clearing the payment
- Invoice/Expense Booking in right cost center and GL account
KPIs
Managing finances effectively involves adherence to Accounting Standards and Practices, ensuring transparent and accurate reporting. Financial Compliance ensures conformity with regulations, while Budgeting and Financial Planning and Analysis enable strategic resource allocation. Documentation and Reporting are vital for transparent communication of financial information to internal and external stakeholders.
- Accounting Standards and Practices
- Financial Compliance
- Budgeting
- Financial planning and Analysis
- Documentation and Reporting
Work experience requirement
3-4 years of relevant functional experience.
Qualification
BCOM, BBA, BBM, or any commerce graduate
Competencies
Business Acumen
Financial Reporting
Financial planning and Analysis
Financial Compliance
Forecasting
Communicating effectively
Self and Team Management
Planning & Decision Making
Customer Centricity
Ownership & Result Orientation
