Head of Finance

Job Purpose:

• Preparation of Group Consolidated Financials including translation of foreign subsidiaries for monthly reporting to management.
• Heading the finance team to effectively manage finance functions of the company and its Local Subsidiaries.
• Reviewing financials of Local and international subsidiaries for their correctness and compliance with IFRS.
• Manage Quarterly and yearly external reporting Annual Budget Preparation & comparison with actual.
• Handling all duties of Head of Finance/ overall supervision of daily accounts AP GL FA and all modules in Oracle.
• Finalizing monthly and Quarterly reporting to management/Board.
• Finalizing Annual Budget reporting to management and continuous monitoring of budget.

• Prepare Group Consolidation (Subsidiaries Associates JVs and AFS)
• Ensuring IFRS compliance in consolidation & Updating new standards in to accounts.
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  • Reviewing Monthly Financial reports from Subsidiaries ( IS & BS Reviews)
  • Follow-up with Subsidiaries to meet Financials & MIS deadlines.
  • Providing Monthly Management reports to HQ GM for BOD reporting.
  • Ensuring & Advising Subsidiaries on IFRS and Compliance.
  • Quarterly reporting to QIA in prescribed format.
    
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• Reviewing Investments while consolidation and ensuring their value is recorded correctly.

• Review & Approve of AP Function.
• Reviewing and Approving of Journal Vouchers for in house subsidiaries & the company
• Review of AR and FA figures Bank Reconciliations and other schedules.
• Finalize/Review monthly/Quarterly reporting to Management.
• Finalize/review Annual Budget and reporting to management

• Updating COA based on new reporting requirements.
• Develop & Review Policies & Procedures for GL function.
• Reviewing and updating oracle accounting segments with proper code combinations for enhanced reporting of Numbers & participating in new implementations of Oracle modules across the group.

• Participate with External Auditors in Interim & Annual Audit.
• Review with External Auditors draft financials of All subsidiaries and advise on any changes / standards.
• Meet the Annual reporting deadlines for issuing of audited financials for the board.
• Work with State audit bureau on their ongoing audit requirements.

Education and Academics:

• Bachelor of commerce (Major in Finance)
• Professional certification

Desirables:-

• CPA/CMA/ACCA
• IFRS certification & Knowledge

Minimum 5 - 10 years of experience in finance with handling of complex group accounting and listed companies.

Any one of the worldwide recognized Accounting & Finance certification (CPA/CMA/ACCA)

• Financial Analysis
• Valuations & Fair Value
• Ratio Analys

• Good communication skills
• Team Work
• Work under pressure

Ability to maintain confidential information.