Chief Accountant | Almana Group | Accounts

JOB PURPOSE Manage the Financial function to ensure a sound Financial Management of the assigned Almana Group’s Company and the timely and accurate preparation of Financial and Management reports in accordance with relevant accounting standards, group financial policies and statutory requirements.

KEY RESULTS AREAS / DELIVERABLES & KEY ACTIVITIES FINANCE ACTIVITIES Manage the execution of the different finance activities in the assigned sector to ensure the provision of a sound financial management.

Manage all credit and receivables activities in order to ensure the timely reconciliation between the company’s and the different customer accounts.

Manage the company’s payables in order to balance available funds while maintaining good financial standing among its local and international vendors and other parties.

Manage the proper control and monitoring of each Division’s inventory and fixed assets in order to minimize the degree of financial risk from potential loss of assets.

Manage the maintenance, reconciliation and update of the different Division’s general ledger books for the different business units to ensure that each company’s financial status are captured accurately.

Responsible for all day to day finance and accounts operations.

FINANCIAL REPORTS Manage the preparation of the relevant financial reports and statements to provide executive and corporate management with the right data / information for better decision making.

Manage the preparation of financial statements for each Division under the sector for timely submission.

Manage the consolidation of the Division reports into a Sector report for Management information / reference.

Manage the timely preparation of monthly and quarterly financial reports on payments, cash flow, etc., for reference and use for decision making.

Ensure that all information / data incorporated into the report are accurate.

Perform ad-hoc financial analysis reports as requested.

FINANCIAL CONSULTATION Oversee and direct the provision of financial consultation and support to the management of the different Divisions to facilitate better financial management and decisions.

Provide lead / support for the Division / department’s budget planning in order to facilitate in the realistic estimate of the company’s required resources / funds.

Provide inputs in the setting of measurable targets for various operational disciplines (sales, margins, costs, etc.) and subsequent review of actual performance against targets to continually assess business performance.

Monitor and timely communicate on cost overruns to the respective Division Management for timely action.

Provide consultative support and information to business units on all financial matters as and when required.

INTERNAL CONTROLS Ensure the implementation of Internal Controls in all finance / accounting activities to properly manage risk and comply with the relevant regulatory requirements and accounting standards.

Ensure the update, verification and reconciliation of all management and financial accounts, according to generally accepted international accounting standards, to maintain system integrity and accuracy at all times.

Ensure that all key financial controls within the sector / divisions are operating effectively.

Review and recommend changes to the Finance policies and standards based on best practices and improvement / enhancement of finance services and activities.

Manage funds within the sector to ensure timely settlement of financial commitments (Payroll / Banks / Critical Suppliers).

Manage the efficient utilization of the ERP to minimize manual work and generate automated reports with better accuracy.

Provide full support in dealings with Auditors, either Internal or External, and other third party stakeholders.

PEOPLE MANAGEMENT Oversee and direct the recruitment, training and management of employees within the department to attain value creation which will build and sustain its success and growth in an increasing competitive market.

Oversee the recruitment ensuring the hiring of individuals that are best suitable for the job and exhibits Company’s ideal culture.

Ensure the development and implementation of programs and activities which shall share knowledge, skills and experience to the respective team(s) and individuals.

Ensure the timely appraisal of employees to assess their effectiveness in meeting current and future needs while identifying their potential growth within the organization.

Ensure that all sections have specific and measurable targets and objectives directly linked towards the Brand Line’s overall goals and objectives.

Create a coaching and mentoring environment and encourage teamwork between the staff in order to improve team performance and individual contributions.

Oversee the development and implementation of programs that would create and generate employee professionalism, high morale and engagement.

AD HOC PROJECTS Carry out other tasks and activities as and when requested by Group Finance Controller, within the context of the Finance Division’s scope and requirements.

Carry out instructions or request on time and within the satisfaction of the requestor.

Provide assistance to other teams in case of problems without sacrificing their own work.

Carry out other tasks and assignments, besides the roles and responsibilities defined above, as assigned by the Executive Management.

Skills EDUCATION

Charted Accountancy (CA), Certified Public Accountant (CPA), Certified Management Accountant (CMA) or other relevant financial certification.

EXPERIENCE

With at least 5 year’s relevant work experience as a Chief Accountant or Senior Accountant in the Mechanical Contracting sector.

COMPETENCIES

Demonstrated proficiency across a broad range of finance functions with some experience in a multinational organization.

In-depth knowledge of GAAP (Generally Accepted Accounting Principles) and financial reporting requirements.

Excellent communication skills and ability to interact with all levels.

Strong impact and influence, has a high strategic outlook and thinking.

Demonstrated ability to analyze problems, contribute ideas and develop solution.

Ability to work within tight schedules and deadlines.

Ability to self‑manage and multi‑task while maintaining excellent attention to detail

Strong management abilities, team player enabling effective interaction & motivation of team members including peers.

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