Manager - R2R

الإمارات

Overview of the role

As a member of FSSC R2R team – to support the SM / AGM on delivering. 

  • Robust, timely and accurate periodic book closing
  • Lead internal / external audits and preparation of standalone and consolidated financial statements complying with IFRS, local laws and group timelines
  • Conduct and lead meetings with various stakeholders
  • Lead, coordinate and support new initiatives
  • Review of GL schedules for Certification & Substantiation
  • Support an Effective / efficient R2R framework covering Close, Certify & Compliance activities.
  • Ensure financial records are correct and support external audit.
  • Timely preparation and submission of Standard reporting / Management reports
  • Regular Trial Balance review and Balance Sheet substantiation.
  • Explore and support efficiency improvement initiatives by Identifying opportunities of Standardization & Automation of R2R processes

 

What you will do

External Audit

  • Preparation of Financial Statements of multiple divisions within group timelines (standalone and consolidated)
  • To coordinate external Audit of the Divisional entities by providing relevant explanations and schedules to Auditors and ensure smooth completion.
  • Coordinate with other teams in FSSC and ensure that auditor’s requirements are being provided in a timely and accurate manner

Monthly / Yearly Book Closing

To monitor and control closing of books monthly / yearly with other FSSC teams and ensure recognition of robust financials within the group timelines:

  • Ensure books closing as per group policies and procedures
  • Ensure the quality of financial books is maintained to ensure accurate books keeping, reduce accounting errors / classifications and internal / external audit observations
  • Review provisions, accruals of expenses and amortization and validate the same
  • Identify and facilitate accounting entries that require reclassification. Post reclassification entries, cost allocations and any other entries required as per standard checklist.
  • Follow checklists and ensure compliance.
  • Submit relevant accounting information/data monthly, to facilitate AFG consolidation using the Business Planning and Consolidation (BPC) tool.
  • Work for continuous improvement in monthly closing activities to ensure quality financials for business units.

Balance Sheet substantiation / Trial Balance Reviews

  • Carry out detailed review of key accounts in Trial Balance and ensure substantiation of balances appearing against it.

Robust Record to Report process

  • Ensure robust R2R process through standardizing the accounting process, regular key account reconciliations,improved Fixed Asset management, improve month-end process & related reporting.

Monthly Standard Management Reports

  • To prepare quality monthly management reports as per agreed templates / formats with comments for review with the Finance Manager / AGM Finance.
  • Support Business Finance Team in preparation of monthly management & Board packs by submitting standard reports on a timely basis.

General Ledger Schedules / reconciliations:

  • Review GL schedules (reconciliations) monthly and actively participate in the automation initiatives
  • Engage with relevant stakeholders to gather information to ensure meaningful reconciliation of GL accounts.
  • Provide actionable insights through schedules to pre-empt issues and take timely action to drive resolution of issues.
  • Review trends, identify patterns & opportunities to strengthen controls.
  • Standardize schedules and follow a quality review process.
  • Engage with business unit finance teams to discuss findings from GL schedules.
  • Follow IFRS/IAS and AFG policies in the accounting process.

 


Skills

Required skills to be successful

  • IFRS / IAS extensive application knowledge
  • Analytical as well as Process oriented
  • Excellent communication skills
  • Exposure to ERP. (Preferably SAP) and SAP BW/ BPC

 

What equips you for the role

  • Professional accounting qualification - CPA/CA/ACCA (or similar qualification).
  • 5-7 years of well-rounded experience in the field of Financial Reporting and have worked in a Big 10 / large organization.

 

 


تاريخ النشر: اليوم
الناشر: Bayt
تاريخ النشر: اليوم
الناشر: Bayt