Accounting Manager
Holding Group, Trading
Total years of experience :18 years, 6 Months
oversees the accurate and timely management reports and financial statements
Ensures the good analysis of financial information
Ensures that the appropriate accounting control procedures are applied
Ensures the continuous management and support of budget and forecast activities
Approves the final version of plans, budgets and forecasts to be submitted to the BU/JV DFO
Ensures accurate and timely monthly, quarterly and year end reporting
Analyzes and advises on business operations including revenue and expenditure trends, financial commitments and future revenues
Analyzes financial information to recommend or develop efficient use of resources, and provides input to strategic decisions
Supports the BU/JV in understanding its costs of goods and services, and margins
Supervises the proper updating of the chart of accounts and the list of analytical accounts, transfer charges and cost accounting definitions necessary to perform the controlling missions
Ensures financial records are maintained in compliance with accepted policies and procedures, thus ensuring accurate and appropriate recording and analysis of revenues and expenses
Resolves accounting discrepancies and irregularities
Establishes and monitors the implementation and maintenance of accounting control procedures
Compiles and analyzes financial information to prepare financial statements including monthly and annual accounts
Ensures the timeliness, accuracy and quality of all financial reporting
Monitors and supports taxation issues
Supports auditors in the financial audit preparation and coordinates the audit process
Leads, directs, evaluates and develops the Rawabi Holding’s delocalized Accounting team to ensure that objectives are reached
Is responsible for the development, performance appraisal and succession planning of all direct and indirect reports
Promotes a highly effective management and leadership style in line with the Company’s values and that supports the achievement of its strategy and objectives
Identifies potential successor for his/her position; oversees and implements developmental plans for identified successors
Performs miscellaneous tasks as assigned by his/her direct manager
Execute the operations and activities of the accounting functions including payroll, accounts payable, accounts receivable, general ledger, fixed assets, cashiering, petty cash, purchase orders, utility billing and collection systems and others.
• Issue timely and complete financial statements .
• Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
Ensure an accurate and timely monthly, quarterly and year end close.
Assist the Controller in the daily banking requirements.
Ensure the accurate and timely processing of positive pay transactions.
Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
Prepare and implement the annual Accounting Unit Plan to support the overall strategic objectives of the company.
• Identify, design and implement strategic Accounting Unit projects, as and when required.
• Develop, implement and maintain Accounting Unit policies and procedures.
• Mange, develop, evaluate and lead the Accounting team to execute the assigned tasks.
• Communicate the Finance and Accounting function’s guidelines and processes to employees and ensures clear understanding of these guidelines.
• Approve & post all general ledger entries, verify accuracy and compliance with the established rules and accounting principles, and ensure that all entries are supported with valid documentation.
• Provide accurate, comprehensive and timely information regarding the financial status through the utilization of effective accounting concepts, principles, procedures and on-time monthly closing and preparation of trial balance.
• Review and approve accounting transaction adjustments.
• Provide advice and technical assistance to company projects with cost analysis, fiscal allocation and budget preparation.
• Ensure reconciliation is performed monthly, quarterly, and at year-end closing.
• Ensure the monitoring and recording of disposal or transfer of assets from company departments.
• Monitor the status of pending critical payments and carries out the required action to reduce delays affecting operations.
• Ensure the compliance with SOCPA and International Accounting Standards.
• Manage the development and maintenance of company Chart of Accounts and ensures general ledger data and information integrity.
• Facilitate the annual audit activities with internal and external auditors by coordinating provision of information required, clarifications required, etc. to ensure that the year-end audit package is accurate and complete.
• Manage and monitor the payroll payment processing to company personnel in coordination with Human Resources function.
• Monitor and track receivables accounting activities including customers' accounts, invoices, billing and transaction entries.
• Manages fixed assets transactions including additions, retirements, and depreciations and maintains updated fixed Assets master record (i.e. asset category, asset description, cost, depreciation rate, location …)
• Ensure period-end and year-end closing of projects and prepares periodic financial statements and reports.• Any other tasks related to the job assigned by the direct manager.
Supports budget and forecasting activities.
Collaborates with the other finance department managers to support overall department goals and objectives.
Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
Responds to inquiries from the Director of Finance, Controller, and other finance and firm wide managers regarding financial results, special reporting requests and the like.
Work with the Controller to ensure a clean and timely year end audit.
Supervise the general ledger group to ensure all financial reporting deadlines are met.
Assist in development and implementation of new procedures and features to enhance the workflow of the department.
Provide training to new and existing staff as needed.
Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
Work with each direct report to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff.
Support Controller with special projects and workflow process improvements.
Accomplishes accounting human resource objectives by recruiting, selecting, orienting, training, assigning, scheduling, coaching, counseling, and disciplining employees; communicating job expectations; planning, monitoring, appraising, and reviewing job contributions; planning and reviewing compensation actions; enforcing policies and procedures.
Achieves accounting operational objectives by contributing accounting information and recommendations to strategic plans and reviews; preparing and completing action plans; implementing production, productivity, quality, and customer-service standards; resolving problems; completing audits; identifying trends; determining system improvements; implementing change.
Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures.
Guides other departments by researching and interpreting accounting policy; applying observations and recommendations to operational issues.
Maintains financial security by establishing internal controls.
Avoids legal challenges by understanding current and proposed legislation; enforcing accounting regulations; recommending new procedures.
Protects organization's value by keeping information confidential.
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
Accomplishes accounting and organization mission by completing related results as needed.
IMA's CMA® (Certified Management Accountant) certification is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics. The CMA is a U.S.-based, globally recognized certification offered by the Institute of Management Accountants. CMA-certified professionals work inside organizations of all sizes, industries, and types, including manufacturing and services, public and private enterprises, not-for-profit organizations, academic institutions, government entities, and multinational corporations. To date, more than 50,000 CMAs have been certified in more than 100 countries. To obtain certification, candidates must pass a rigorous exam, meet an educational requirement, experience requirement, and demonstrate a commitment to continuous learning through continuing professional education (CPE).
نسبة مئوية