Summary
Khansaheb is seeking a Finance Manager to lead the accounts and finance function for its Investment Division in Dubai. The role covers budgeting, financial reporting, cash flow analysis, accounting under IFRS, VAT compliance, statutory accounts and coordination of the annual external audit. The manager will oversee finance policies and procedures, work with shared services and other business units, and lead direct reports. Applicants should be qualified Chartered Accountants with 10+ years of post-qualification experience, including at least 3 to 4 years independently running a finance function.
The posting
As published on khansaheb.com. Pulled from the employer's site and shown as they wrote it.
Role Purpose:
Responsible for leading and managing the Accounts and Finance function for the Khansaheb Investment (Division) under the supervision of the Reporting Manager.
Key Task and Responsibilities:
Budgeting and Financial Reporting: Coordinate with the Business head to ensure appropriate and timely provision of Budget and periodical financial performance reports, cash flow analysis and advise and support management decision making at all levels. Ensure that guidance & analytical support is always provided for smooth operations. Prepare detailed monthly MIS and complete set of financial statements not included to Income statement, Balance sheet, Cash flow statement and detailed income and expense schedules. Co-ordinate with other Business unit accounting teams to consolidate financial accounting, reporting and compliance.
Financial Policies and Procedures: Ensure that the finance policies and procedures are being constantly followed and help develop / modify policies and procedures wherever necessary. Create a Standard Operating Procedure (SOP) manual for accounting policies, processes and procedures consultation with Finance Controller and Finance
Director. Deal with any other matters which may arise in connection with the finance and accounting affairs of the company and keep reporting manager informed as appropriate.
Managing the Account Keeping: Responsible for maintaining the books of accounts of the division / Company as per the Group’s Accounting procedures and IFRS using the ERP system in place. Work with shared service finance team to ensure that all required financial transactions are accounted for as per paid down procedures.
Tax Compliance and Audit Compliance: Handle VAT matters and deal with VAT consultants, ensure timely payments and reporting to the Tax authority. Prepare year-end accounts, manage the annual audit process in conjunction with the appointed External Auditors to ensure statutory accounts are produced within the required deadlines.
Team Management: Manage performance of direct reports while ensuring they are assigned targets, get regular feedback on their performance and coach and provide guidance as and when required.
Handle other Accounting Duties & responsibilities as may be delegated from time to time.
Experience, Knowledge and Skills:
Should be a qualified Chartered Accountant, 10+ years post qualification experience of out of which minimum 3 to 4 years of independently running accounting and finance functions of a company
Candidates with experience in Engineering, Construction, Real Estate, Lifestyle, Hospitality industries will be preferred.
Demonstrated experience of using Microsoft office, particularly Excel and Word, working in an ERP environment, payroll, banking arrangements, preparation and audit adhering to proper controls and Processes.
Excellent communication skills, ability to work closely with the senior management team, ability to meet stringent deadlines
Attention to detail
Team player having leadership skills
Business Acumen