Retail Accountant Section Head
NewBoy
مجموع سنوات الخبرة :15 years, 2 أشهر
• Develop and maintain timely and accurate financial statements and reports are appropriate for the users and
in accordance with Company guidelines and external audit requirements.
• Develop, implement, and ensure compliance with internal financial accounting policies and Procedures and internal audit requirements.
• Prepare all supporting information for the annual audit with the approved external auditor. Document and maintain complete and accurate supporting information for all financial transactions.
• Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.
• Review monthly results and implement monthly variance reporting as compared to budget. Manage the cash flow and prepare cash flow forecasts in accordance with policy.
• Manage the bookkeeping function, using the SAP ERP, including maintenance of the general ledger, accounts payable, accounts receivable and payroll.
• Develop and implement policies and procedures as required to ensure that personnel and financial information is secure.
• Prepare financial reporting as required by the various stake holders.
• Provide accurate and timely reporting on the financial activity of individual projects.
• Prepare annual Business Planning and Budgeting.
• Controlling operational cost and monitoring, analyzing actual performance and compare it with the approved budget and prepare the monthly variances report.
• Handling the fixed assets proper tracking, recording and control including depreciation, physical inventory and retirements.
• Approve the matching of invoices, purchase orders and receiving reports for payments.
• Handling the banks reconciliation on a monthly basis including loans payments and interests.
• Review accounts receivable / retention aging reports and ensure collection on time.
• Handling the inter company related transactions.
• Working closely with ERP team to solve system issues and develop reports.
• Maintain integrity of general ledger and ensure posting all transactions related to the period.
• Handling and supervise month-end closing process including review of GL entries, preparing accruals and other closing journals as deemed necessary.
• Preparing the monthly, quarterly and annual financial statements, schedules and reports.
• Restructuring the Finance & Administration Unit including the Finance, Accounting & Administration section.
• Recruiting and training team members in line with their career progression and job content.
• Structure responsibilities and workflow of subordinates and oversee their performance with a view to achieve departmental goals on an accurate and timely basis.
• Follow-up overall accounting process for the company and ensure that all accounting policies and procedures are in line with IFRS and the Group's accounting policies
• Design and implement effective accounting, cost control and financial control procedures and ensure their proper application.
• Make sure all Debtors and Creditors accounts are subject to regular and documented follow-up and that balances are regularly justified.
• Control and validate entries related to administration expenses (general expenses, payments to suppliers, accruals and provisions) and to staff expenses (salaries and employees benefits)
• Ensure the preparation of accurate and timely financial statements and financial analysis reports, and provide feedback and recommendations to the General Management on the overall performance of the company.
• Formulate and develop long range Financial and Business Plan based of the company's mission, requirements and goals.
• Manage the overall yearly budgeting process and the development of an Annual Action Plan; monitor progress against budget with monthly and quarterly review of achievements.
• Prepare reports and documentation for the semi-annual and annual audit and manage the external audit processes.
• Propose an annual plan for purchases and overhead expenses and monitor and control their actualization.
• Establish and implement administration and logistics procedures in line with organizational requirements
• Maintain machines and equipment and manage all contracts with suppliers and maintenance companies