Assistant Manager Group Finance
SPEC Energy DMCC
Total des années d'expérience :15 years, 2 Mois
• To assist Group Finance Manager in all accounting & finance matters with required inputs for U.A.E, Romania, and Pakistan.
• To arrange different types of Bonds, Guarantees and process L.Cs of project contracts.
• To assist in developing accounting and finance systems and procedures where necessary.
• Preparation of MIS reports, establish and monitor budgets for Middle East, Romania and Pakistan
• To prepare Capital Budgeting for new projects and ventures.
• To supervise, direct and review the work of accounting staff (including, but not limited to, cash reconciliations, intercompany transactions & reconciliations, Bank Transaction runs, accounts receivable transactions, fixed asset, payroll, accounts payable transactions, Complex account reconciliations, recording of revenue and expenses, etc.). Train & support team members in enhancing efficiency & productivity.
• Preparation of financial forecasts for group companies and allocation of funds with timely intercompany reconciliations.
• To supervise and keep proper record of project wise costing/cost sheets based on their milestones for further invoicing to clients.
• Co-ordination with Fabrication Managers on costing reports, material consumption, labor cost reports etc.
• To produce accurate financial reports for company staff and management on monthly, quarterly, semi-annually and annually basis.
• To ensure monthly reconciliations of accounts and compile reports.
• To review payroll of Middle East, Romania and its processing through online banking portals, WPS system etc.
• To handle cash transactions, maintaining and projecting cash flows
• Credit Control and fund flow Management
• Monitor and analyze financial data to produce accurate MIS reports. Advising management in all areas of responsibility to improve efficiency.
• To lead a team sub-ordinates ensuring all day to day tasks are achieved effectively and efficiently by giving motivation and training where necessary.
• To monitor invoicing and billings and keeping debtors under credit limits.
• To ensure on time payments and recoveries.
• Inventory Management and its control
• Establishing budgets to control cost and improve performance
• Handling of banking matters including L.C’s, Collection and Retirement of trade documents, Swift transfers etc.
• Carry out insurance of company assets including premises, warehouses and vehicles and their claims.
• Reviewing Finalization of accounts
• Maintaining WPS system for salaries.
• Variance analysis and their reporting
• Monitoring invoicing, payment and recovery, taking approvals on purchase orders which are above specified criteria.
• Maintaining salaries and wages system, overtime, allowances and payroll finalization.
• Handling of some banking matters including issuing payment cheques, Swift transfers etc.
• Reconciliation of Bank statements, customer and supplier statements
• Products costing.
• Branch accounting affairs
• Preparation of weekly stock reports and keeping a proper check of accumulated inventory at different warehouses.
• To ensure overall accounting discipline in the area of responsibility
• Finalization of accounts
Financial Accounting, Management Accounting, Business Economics, Business Taxation, Corporate Laws & Secretarial Practices, Business Management etc
.