Read the Job Description carefully, then scroll down for "Details to Register for this Job"...
Every employee at Al Rostamani Group plays a role in making a real difference to the business and our customers. We care for our employees by offering them meaningful and purposeful work and an opportunity to grow, learn, contribute and succeed. Today, the Al Rostamani Group has come a long way since its birth in 1957. Our group has grown steadfastly with the guiding principles of Commitment, Care & Vision, alongside a strong sense of active involvement in the community. We are a well-diversified group, with a key presence in industries such as General Trading, Automobiles and Heavy Equipment, Travel, Foreign Exchange, Financial Services, Property Management, Construction, Infrastructure Development and Information Technology Services. Our Group employs approximately 2000 people from 41 different nationalities, which contributes to our multicultural and multi-national environment.
Job Purpose
Responsible for the financial health of a company. Producing financial reports and develop strategies based on financial research. Guiding senior executives in making sound business decisions in the long and short term.
Job Responsibilities
Implementation of policies covering all areas of financial activities so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to customers
Ensure that all financial and accounting activities and documentations of the CTC accounts are properly administered, controlled and monitored on a daily, monthly and yearly basis; Ensure all items in the financial closing checklist have been diligently taken care of before confirming monthly / yearly closing of the books
Prepare annual budgets and monitor financial performance versus budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified and potential performance improvement opportunities are capitalized upon
Evaluate data pertaining to costs in order to plan budgets, prepare operational & risk reports for management’s analysis
Ensures that all department reports are prepared timely and accurately and meet department requirements, policies and standards
Manage the entire receivable process to ensure that all contracted payments are received on time and reconcile and provide analysis of changes in receivable and financial impact.
Manage the entire payables process to ensure all vendor payments are paid accurately and on time and also that relationships with suppliers remain positive
Manage the entire expenses process to ensure all business related activities and business maintenance related expenses are paid accurately and on time
Manage the finance reporting schedules to ensure all scheduled and adhoc reports are produced for senior managers when requested accurately and on time. Ensure that these reports reconcile accurately with the data on the system and presented clearly for all to understand
Liaises with the Audit Committee and other auditors to ensure compliance with relevant statutory requirements and standards
Evaluate financial reporting systems, accounting or collection procedures, or investment activities and make recommendations for changes to procedures, operating systems, budgets, or other financial control functions
Provide financial and commercial advice on business proposals and strategic initiatives & analysis of any new businesses
Identify aging inventory and coordinate with respective division manager for appropriate liquidation
Continual enhancements to the Internal Control systems within the Company particularly in the areas of Finance, Accounting and Administration
Ensure the effective achievement of functional objectives through the leadership of function – setting individual objectives, managing performance, developing and motivating staff, provision of formal and informal feedback and appraisal – in order to ensure that the highest level of performance is achieved
Job Requirements
Qualifications
Advance degree in Accounting or Finance
Chartered accounting certificate or equivalent
Experience
Minimum 10 years’ experience of managing finance and Accounting in a mid or large size business
Knowledge & Skills
Economics and Accounting — Knowledge of economic and accounting principles and practices, banking, analysis and reporting of financial data
Mathematics — Knowledge of arithmetic, statistics, ratios and their application
Administration and Management: - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modelling, leadership technique, and coordination of people and resources
Analytical & Critical Thinking:- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
Monitoring — Monitoring/Assessing performance of yourself, other individuals and organizations to make improvements or take corrective action.level)
At Al Rostamani Group, we seek talented people who work hard to achieve great things. We consider not only your skills and experience, but also your passion for the role, your desire to learn and how well you align with our core values of care, commitment and vision. If this position represents an opportunity you wish to pursue, we invite you to apply.
DETAILS TO REGISTER FOR THIS JOB:
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