Finance Head

Job Description : Head of Finance Location Dubai Role Purpose: Key Accountabilities Planning and Management Accounting • Oversee implementation of planning/budgeting/forecasting activities. • Review and provide approvals for capital planning and projects accounting. • Review and provide approvals for tax strategy and plan for integration in accounting. • Evaluate and oversee financial performance. • Establish internal controls, policies, and procedures related to financial transactions. • Operate controls and monitor compliance with internal controls policies and procedures. Revenue Accounting • Monitor and ensure that all the AR transactions in the system are processed against the cheques deposited in the bank/ cash sales as per the service level agreement. • Ensure collection issues are investigated and any disputes related to company/firm account receivable are resolved. • Supervise daily banking and monthly reconciliations of customer receipts accounts. • Review monthly, quarterly, or annual financial statements and reports detailing paid and unpaid invoices and other accounts receivable activity. • Supervise trade insurance and receivables financing. • Supervise Consignment stock management and other special sales initiatives related accounting and reporting. General Accounting and Reporting • Supervise the execution of the following accounting activities - general accounting, cost and control accounting, inventory valuation and accounting, fixed-asset accounting, and capital project accounting. • Supervise the handling and processing of all tax related transactions for the organization as per government regulations. • Ensure compliance related audit queries and requests are resolved, in accordance to departmental procedures, to ensure adherence to respective audit. engagements and timely cooperation with external / internal / government audit entities. • Ensure government and tax related audit queries and requests are attended, to ensure adherence to respective audit engagements and timely cooperation with external / internal / government audit and tax authorities. Accounts Payable and expense reimbursements processing • Review the relevant accounting entries and posts related to invoices daily, along with a review on monthly and annual basis, to ensure compliance with IFRS and related department standards. • Manage preparation, execution, and reconciliation of payments, in accordance with departmental standards and cashflow management policies, to ensure adherence to payment terms, cycles and commitments to internal and external stakeholders. • Review the posts of transactions related to contractors’ payments, in line with contractual terms and departmental guidelines, to ensure on-time and accurate payments to contractors and/or partners. • Supervise the management of petty cash and payroll transactions related accounting and reporting. Treasury operations

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