Job vacancy Financial Planning and Reporting Analyst

Our client is a privately owned conglomerate with operations spanning across the Middle East. It maintains a significant presence with over 150 stores and 20+ showrooms across various regional markets. Headquartered in Dubai, UAE, the company boasts a substantial workforce.

• Offer guidance, support, and advisory services to company management on financial matters encompassing budget preparation and presentation, management accounting, Management Information System (MIS), and the generation of various financial and non-financial reports and statements.
• Coordinate with central and departmental units for budgeting and forecasting purposes, consolidating annual accounts, and ensuring the prompt auditing of annual accounts.
• Implement budgetary controls and adhere to prescribed procedures for asset management, including fiscal and physical oversight. Additionally, oversee procurement processes and services.
• Ensure compliance with tax regulations, filing returns promptly where necessary.
• Coordinate with corporate finance to secure appropriate insurance coverage for company assets.
• Manage inventory control functions, including order approval, Letter of Credit (L/C) issuance, document retirement, cost analysis, pricing, insurance, and review of inventory aging, to maintain compliance with established norms.
• Enforce credit limit controls and procedures, reviewing debtor collection and aging, advising management on credit limits, and providing Management Information System (MIS) and exception reporting.
• Supervise internal and external payments, ensuring adherence to approved terms for goods and services supplied, and exercise controls over procurement processes and services.
• Ensure all approved accounting entries are accurately reflected in company accounts as per the schedule of authority. Maintain up-to-date accounts reflecting all business transactions, including reconciliation with banks, debtors, creditors, and group companies.
• Monitor bank balances against approved facilities, project cash flows, and notify relevant authorities of potential shortfalls. Implement controls over cash collections, holdings, and banking activities.
• Communicate forecasted foreign exchange requirements to Head Office Finance and advise on any necessary changes.
• Oversee monthly and annual closing activities in accordance with corporate policies and International Financial Reporting Standards (IFRS), ensuring the timely submission of monthly management reports.

Education

• Chartered Accountant (CA) qualification

Skills & Experience

• 4 to 5 years of experience post qualification
• Familiarity with international accounting practices in a computerized environment
• Proficient in PC usage with advanced Excel skills and exposure to Enterprise Resource Planning (ERP) solutions
• Strong knowledge of International Financial Reporting Standards (IFRS)
• Proficiency in financial analysis
• Advanced analytical, numerical, and research abilities
• Excellent organizational and planning skills, including the capacity to perform under pressure and meet tight deadlines
• Effective communication and negotiation skills