Finance Manager - Finance
General Information
Language : Arabic and English
Years of Experience : 8 Years
Closing Date : 12 June 2017
Function
Manage all finance and accounting activities for Dasman; deliver timely and accurate financial and management accounting information to support the regulatory and business decision making process; lead the annual budget preparation and exert financial control; and implement financial planning, analysis, and decision support responsibilities.
Responsibilities
- Contribute towards development and implementation of all processes, policies, procedures and standards for finance and accounts, in relation to financial control, payments, settlements, contributions, and management reporting
- Develop and establish the Chart of accounts for DDI, management information review formats, grant administration mechanism, and on an annual basis the financial budget.
- Oversee implementation of financial procedures and controls at DDI; ensure that all financial/accounting transactions are in compliance with the set policies, procedures, management and regulatory requirements
- Ensure smooth inflow, outflow of documents / data required for effective financial control and management reporting
- Develop effective budget formats and detailed budget guidelines for application and adherence of the same from division heads
- Review critically, all expenditure requests and coordinate with requesting department to ensure necessary financial control
- Manage budget consolidation on a timely basis for DDI, oversee monitoring of budget reports and address variances if any
- Evaluate, develop and administer all accounting systems and practices that comply with international and locally accepted accounting principles, regulations and local applicable laws
- Lead the timely and accurate preparation of monthly, quarterly and annual balance sheet and profit and loss statements for DDI, including the drafting of the accompanying explanatory notes
- Oversee the bank, intercompany, and sub ledger reconciliations.
- Provide advice and guidance to managers and staff on the interpretation and implementation of financial regulations and accountancy codes of practice.
- Oversee the preparation of DDI financial statistical returns and financial analysis on a range of topics for internal and external use. .
- Monitor the management information system to ensure that timely and accurate information is provided for managerial decision making regarding DDI.
- Supervise accounts payable functions, including payroll
- Organize staff and work schedule; to ensure that the information is provided to the senior management on a timely basis, in the format requested and at the appropriate level of detail/breakdown.
- Establish the performance plans for direct subordinates including the Accountants; guide Assistant managers in establishing performance plans for their respective subordinates.
- Participate in the identification of training and development initiatives for all employees within the Department.
- Drive the engagement and satisfaction of all employees within the Department through holding periodic meetings to discuss the achievements and address any employee issues and/or concerns.
Required Skills and Expertise:
Education & Qualifications:
Bachelor of finance or accounting, Master’s Degree in Accounting or Finance is preferred.
Professional Certification is preferred (CPA/ CFA/ ACCA).
Other Comments:
Key Interactions and Relationships:
Director General
Senior Management
External Auditor
Financial institutions
Contractors and suppliers