Senior Finance Manager

Full time @Addify posted 1 year ago

Job Description

Responsibilities

  • Preparation of the Operating Budget of the company with detailed analysis and reports related to sales growth, GP, expenses, and profitability and ensuring its updated in SAP.
  • Ensure full Budgetary control for Opex and Capex
  • Ensure Annual Budgets are prepared on time with a complete analysis
  • Monthly/Weekly MIS reports with variance analysis, highlighting major deviations
  • Supervise and guide the accounts receivable supervisor if effective control of overdue and selling prices/schemes
  • Closely monitor the doubtful AR balances for timely action
  • Checking and processing Monthly payroll, including expense claims/reimbursements
  • Maintain confidentiality of all payroll information
  • Ensure employee advances/loans are deducted in a timely manner
  • Ensure AP control accounts are in the balance every month end
  • Ensure a 4-way match is performed before booking the vendor invoice
  • Ensure GRIRs’ are accounted for regularly with no open GRIR at month end
  • Expenses are booked in the correct cost center and GL accounts
  • Timely payments to vendors as per agreed payment terms
  • Ensuring timely and correct capitalization of Assets on a monthly basis
  • Oversee regular reconciliation of vendor accounts is done
  • Analyses aging report for vendor balances every month end
  • Ensure vendor debit balances/advances are settled in time
  • Highlight the deviation/irregularities to the CFO
  • Ensure compliance with company policies and regulations
  • Review open purchase orders at least once a quarter
  • The Arabic language is added advantage

Qualifications

  • Professional qualification (CA, CPA, ACCA)
  • 10 years of work experience of which 5 years minimum Financial Reporting, Planning, and budgeting
  • FMCG background, preferably within the F&B industry
  • SAP FICO and BI tools experience
  • Expert knowledge of MS Powerpoint
  • Handling M&A activities will be a plus
  • UAE/GCC experience preferred

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