We are seeking a qualified Chartered Accountant (ICAI member)
This role is ideal for candidate who is willing to relocate to the UAE (relocation assistance will be provided for qualified candidate)
Educational Qualification(s):
● Professional qualification such as CPA, CFA, ACCA, ACA or similar (mandatory)
● Bachelor/ Master’s degree in Finance and Accounting
Experience:
● At least 5 years of experience as account manager or finance manager
● 10 years of accounting, audit or finance experience.
● Experience in Oracle Hyperion, SAP or similar ERP
● Advanced MS Excel Skills
● Preferred experience in MARITIME industry
Scope of Responsibilities:
1. Ensure accurate and timely reporting of monthly, quarterly and yearly financial reports.
2. Ensure timely compilation of information required for MIS reports, discuss variations to the budget and latest forecasts with the respective business head so that corrective action can be initiated, if needed. Analyse the financial performance versus prior year to measure growth.
3. Ensure compliance with latest accounting standards (IFRS), Group Finance Policy and Procedure Manual. Analyse financial data to detect deficient controls, duplicated effort, fraud, or non-compliance with laws, regulations, and management policies and initiate corrective action.
4. Monitor key performance indicators (KPIs) for the business, financial metrics, such as free cash flow, working capital, net debt, leverage and turnover metrics, ratios, analyze asset utilization and key costs drivers impacting the EBITDA and Net Profit.
5. Work with the respective business heads and accounts managers to prepare annual budget and forecast projections for their respective segment.
6. Discuss cost optimization strategies with business, especially in cases where future revenue outlook looks bleak, is expected to take a dip.
7. Review the costings and feasibility models prepared by the finance and commercial teams to analyze new business opportunities.
8. Ensure adherence to DOA, financial limits as per company policy, adequacy of supporting papers in approving Purchase Orders.
9. Monitor Accounts Receivables, actual collections vs the plan in co-ordination with Group Treasury for better fund utilization and working capital management.
10. Point out discrepancies/inconsistency noticed if any in the credit policy extended to various customers and suppliers.
