Description
KEY ACCOUNTABILITIES
To lead and manage the Corporate accounting department, ensuring accurate and timely financial reporting, compliance with applicable accounting standards and regulatory requirements, and the integrity of the company's financial records. The role is responsible for overseeing accounting operations, implementing robust internal controls, and supporting strategic financial initiatives to enable informed decision-making and safeguard organizational assets.
Manage the Corporate accounting department as listed in primary accountabilities in accordance with the Financial Framework & Governance policy, liaising with multiple stakeholders including external audit, government entities for statutory reporting including half and full year reporting.
Driving the month end process across finance and ensuring all elements are closed accurately and within timeframes.
Excellent relationships will be built and maintained with all stakeholders to drive a culture of fiscal and commercial responsibility and to facilitate financial knowledge transfer & acumen at all levels.
- Financial Reporting & Accounting
- Manage the month-end process, ensuring that all Finance sub-ledgers, including but not limited to Accounts Payable, Accounts Receivable, Payroll, Fixed Assets, Accruals & Pre-Payments, are reconciled and closed as per the timetable.
- Accountable to ensure that the Financial Statements reconcile and reflect a true and fair representation of the business.
- International Financial Reporting Standards (IFRS) Accounting Standards & Concepts
- Lead within the Finance Organization as the technical expert.
- Keep abreast of pending changes and give advice on the impact on the business.
- Ensure changes are made and planned.
- Asset Management
- Responsible to ensure that fixed, intangible, and tangible assets recorded in the financial accounting system.
- Audit and Government Returns
- Prepare the half and year-end Financial Statements for internal review.
- Manage the Audit schedule and day-to-day liaison during this process.
- Ensure that all government returns are prepared for internal review as stipulated while ensuring accuracy.
- Tax Compliance
- Ensure timely and accurate filing of all corporate tax returns (income tax, VAT, withholding tax, etc.) in accordance with local and international regulations.
- Monitor changes in tax laws and assess their impact on the organization.
- Prepare and review tax provisions and disclosures for financial statements.
- Maintain accurate tax records and documentation for audits and regulatory reviews.
Requirements
Education
- Finance Degree or Degree Equivalent
Competencies
- Addressing Gaps in Work
- Customer Focus
- Accountability
- Relationship Management
Experience
- At least 15 to 18 years post-qualification in a core Finance position leading a complete reporting cycle
- Listed company / Organization with a Construction background.
Languages
- Excellent Verbal and Written English
- Arabic Language (Spoken/Written) Will Be an Advantage
Internal Interactions
- All Business Functions & employees
External Interactions
- Government Authorities
- Government Auditors
- JV Partner Auditors
- JV Auditors
