Financial Accounting Manager
2 weeks ago
Job Objective: Manage end to end financial accounting & bookkeeping function. Ensure reconciliation of assigned General Ledger balances by liaising with the Planning team. Perform for all activities related to capital project accounting and the accounting for all activities across the life cycle of new and existing assets. Document and coordinate all Capital Review Board activities.
**Responsibilities**:
- Strategic
- Assist the Head of Accounting in preparing the strategy and the strategic initiatives for the sub-function aligned to the Financial Strategy
- Monitor, track and report performance against strategic initiatives
- Financial
- Assist the Head of Accounting in preparing the budget for the sub-function
- Monitor and track adherence to the approved budget and highlight deviations
- Perform all month end activities related to accounting in the books of accounts. Book cost, maintain accrual accounts and book journals at period end.
- Operational
- Operational Accounting/ bookkeeping for businesses supported by Beyon
- Finalization and Preparation of the monthly management accounts and associated analysis
- Perform reconciliations for Bank and GL accounts in line with company policy
- Liaise with external & internal auditors to ensure all audit are conducted efficiently and audit concerns are duly and timely addressed
- Participate in periodical Budgeting and planning activity. Manage Budget control over costs as per assigned targets.
- Prepare periodic/adhoc presentation material for management/ BoD
- Issue / record invoices, debit notes, credit notes as required. Initiate and manage payment & receipt transactions.
- Ad hoc project work, including the implementation of any new IFRS s
- Perform all activities related to Capital Project accounting in the books of accounts.
- Create project account codes, record project related transactions and close / capitalise projects
- Document and coordinate the implementation of all action points on behalf of the Capital Review Board
- Perform all activities related to Asset Accounting across the life cycle of new and existing assets.
- Maintain the Fixed Asset Register, depreciate assets as per regulations and review, report, and obtain requisite approvals for the disposal of assets
- Ensure that assets partial capitalization is processed when an asset is in service and generating an economical benefit to the company based on project manager confirmation
- Review all existing reports within the Corporate Financial System related to Fixed Assets Register to ensure accuracy & report any discrepancies to IT
- Ensure continuous improvement of policies, processes, systems / structural programs and procedures covering all individual Functional activities
- Provide relevant information to address employee queries related to the functional area
- Actively provide required information (on General Ledgers and reconciliations) to internal and external auditors within stipulated timelines.
- Coordinate with auditors and resolve any audit related issues raised
- Guide team / peers in meeting delivery timelines and performance expectations
- Ensure that team / peers adhere to company policies and legal regulations
- People
- Take ownership for attending the trainings as per the plan
- Take ownership for completing PMS process, employee engagement surveys in time
- Continuously share the knowledge and understanding of the telecom industry and business trends
- Motivate and build a healthy work environment within the team. Provide support in resolving work related / other concerns in an effective manner
Skills Required:
- Bachelor s in accounting, Finance, Business Administration
- 4-6 years of experience in financial accounting functions in the telecom environment
- Good analytical skills (Financial)
- English language spoken and written skills
Optional Skills:
- Arabic language spoken and written skills
- Accounting qualification (AAT/Part Professional qualification) or equivalent
- Preferably ACCA, CMA, CPA, etc. qualified
This job has been sourced from an external job board.
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