Accounts Payable, Accounts Receivable and Treasury
• Review and approve supplier invoices in Maximo system as per terms of the contract/PO and facilitate timely payments to suppliers.
• Oversee and manage the weekly interface between Maximo and Sun System in a timely manner.
• Review weekly batch payments including cheques and wire-transfers. Verify the accuracy and supporting documentation prior to Management approval.
• Regular review, report and follow up on outstanding creditor balances, supplier statements and liaise with suppliers for dispute resolution.
• Review monthly revenue invoices and ensure compliance with revenue contracts. • Ensure receipts are recorded in a timely manner.
• Oversee the treasury function. Ensure all bank transactions are recorded on a timely basis. Review bank reconciliations and scrutinize and clear reconciling items.
• Review and approve the monthly cash call projection and ensure payments are within the acceptable limits of the monthly projection.
Monthly Closing and Reporting
• Record and review month-end accruals and ensure accruals are aligned with monthly cost projection.
• Ensure financial integrity by conducting complete GL review and internal controls check as part of monthly closing activity.
• Responsible for end-to-end month end close by ensuring all tasks are completed as per schedule. • Review monthly balance sheet reconciliations and ageing of receivables.
• Review and maintain the fixed asset register (FAR) and reconcile with the ledger.
• Review monthly/quarterly asset capitalization and depreciation calculation and recording.
• Perform essential reporting and analysis by designing, implementing, and producing monthly and quarterly Management reports.
Audit, VAT and Other Ad-hoc
• Support audit requirements both internal and external by providing required information to auditors and
providing assistance to the team as and when required during the audit.
• Liaise with team members/other departments to ensure availability of information required by the auditors.
• Prepare the yearly Management Accounts and Financial Statements.
• Lead the VAT compliance including computation of liability, return filling and refunds on quarterly basis.
• Oversee and manage all VAT and other tax related issues.
• Oversee and manage routine functional activities and supervise the work of the Accountants. • Support the Financial Controller and Management on other ad-hoc requirements.
Job Details
| Posted Date: | 2021-06-22 |
| Job Location: | Dubai, United Arab Emirates |
| Job Role: | Finance and Investment |
| Company Industry: | Oil & Gas |
Preferred Candidate
| Career Level: | Director/Head |
| Gender: | Male |
