JOB PURPOSE:
To prepare financial statements and regulatory reports, to ensure that financial data is available to shareholders, investors and company in order to support decision making processes as well as to ensure adherence to all relevant internal and statutory requirements.
Description
Financial Statements
Prepare periodical financial statements with variances analysis for the different functions within company and consolidate them in a timely and accurate manner.
Prepare and report the monthly FPA and Quarterly Reports to company as per QD defined processes
Review financial data collected through the system and/ or functions and follow-up on any delays and issues to ensure timeliness and adherence to all internal and regulatory requirements.
Prepare financial statement disclosures in a timely and accurate manner in compliance with statutory requirements and company’s policies and procedures to clarify and validate of reported financial information.
Prepare and report quarterly Financial data to Ministry of Finance.
Prepare and report monthly income & expenditure forecasts and explanation of forecast versus budget for submission to management and shareholders.
Analyze and reportcurrent and past trends in revenues, expenses, and capital expenditures.
Provide in-depth analysis report related to departmental profitability, budget variance and operational efficiency in a timely manner for facilitating management decisions.
Prepare cash flow projections, anticipating liquidity problems and suggesting preventive measures.
Reconciliation
Reconcile and analyze company data with final figures in financial and regulatory reports including current and past trends in revenues, expenses, and capital expenditures so that the company remains aware of its financial position on an ongoing basis and statutory reports can be produced within internal and legislative time limits.
Audit
Coordinate with internal and external auditors and support in preparing auditing reports in alignment with requirements to ensure audit objectives are met and statutory accounts are completed.
Liaise and provide auditors with relevant financial information and finalize financial statements to ensure timely submission and completion of auditing requirements.
Policies, Systems, Processes & Procedures
Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
Continuous Improvement
Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
Leverage ERP systems to streamline and automate financial reporting, enhancing data accuracy, reducing manual effort, and supporting real-time decision-making
Reporting
Contribute to all monthly and routine reporting activities pertaining to various general ledger issues to ensure that the concerned internal parties are provided with all needed information in an accurate and timely fashion.
Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies, and quality standards.
Coordinate with Finance & Accounting entities to prepare regulatory reports in a timely and accurate manner so that all regulatory requirements are met, and information is available to shareholders, investors and company for decision making.
Remain abreast with the latest IFRS and other laws and regulations in order to ensure that work output is in conformity with accepted practices.
QUALIFICATIONS, EXPERIENCE & SKILLS
Minimum Qualifications:
Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field
Professional Finance Qualification (CPA, CA,ACCA,CIMA,CMA etc.) is preferred
Minimum Experience:
3 years of relevant experience in a similar role
Job-Specific Skills (Generic / Technical):
Proficiency in English
Deep knowledge of accounting procedures, protocols, and guidelines
Strong communication and inter-personal skills
Strong problem-solving and decision-making skills
Management Solutions International (MSI), established in 1987, is one of the leading Human Resources and Management Consultancies, with over 30 years of Multi-industry experience. Headquartered in Virginia, USA, MSI currently has 6 Branches, working with prominent Government / Semi-Government, Multi-National Companies as well as SMEs. MSI, traditionally an Executive Recruitment Firm is a part of CFR Global Executive Search which is a growing alliance of independent Executive Search Companies having 59 Offices in 30 Countries. This gives MSI an edge with a Global database and allows them to effectively conduct Recruitment searches worldwide. Management Solutions International Overview In the latest acquisition, MSI acquired Petrolinx in 2013. Petrolinx is an Oil & Gas specialized entity with an ever increasing database of talent from various sectors, including Exploration & Drilling, Refining, Production, Petrochemical, Distribution. Petrolinx caters to the Government Clients as well and PMC and EPC Companies. Our strength lies in our Consultants’ industry specialisation who provide recruitment consultancy services to the clients in their respective sector. This focus allows our consultants to provide a better understanding of the supply of talent available for the specific role being recruited for. Also, because our consultants have prior industry knowledge they understand our clients’ businesses and can often offer unique perspectives that help clarify their needs and ensure better quality hiring decisions.