Responsible for
the monthly closing of the financial results on Group level including
but not limited to reviewing the intercompany transactions, making sure
that the balance sheet is balanced, checking opening and closing
balance, validating revenues and costs using the HFM checkers, etc.
Process
the consolidation of the financial figures on Group level including
placing the foreign currency rates, changing ownership, initiating the
system consolidation, and finally review the consolidated figures.
Initiate the income statement on a monthly basis including revenues, cost, EBITDA, gross profit, G&A, and net profit.
Compute
the initial monthly actual versus budget and compare it with one
previous year and question the sectors for any noted variances.
Monitor expenditures, analyze revenues and determine budget variances and report it to the management.
Implement any new required accounting principle applied by IFRS and create the model in cooperation with the auditors.
Prepare
the consolidated financial statement on quarterly basis including
income statements, balance sheet, equity statement, cash flow statement,
and notes/disclosure.
Support the Finance Manager in preparing
the auditors requirements and liaise the communication between the
auditors and subsidiaries on a quarter basis.
Prepare and review the final reports required by stakeholders including balance sheet and income statement.
Enhance the reporting mechanism periodically.
Support the Finance Manager in any required report and/or any ad-hoc requirement.
Specifications:
· Bachelor's degree in accounting, business, economics, or finance.
· 8-10 years of experience including 1-3 years of experience as a Chief Accountant.
· Having extensive experience working as an accountant or auditor.
· Preferably a CPA and/or CMA holder.
· In-depth understanding of accounting principles.
· Deep understanding of how the accounting department operates in the organization.
· Knowledge of accounting standards of both EAS and IFRS.
· Experience in consolidation is a MUST.
· Proficient in MS Office.
· An analytical mind with problem-solving aptitude.
· Excellent organizational and multitasking abilities.
