Senior Finance Manager - Awal Plastics

JOIN OUR WINNING TEAM!

Qualification:

• Bachelor’s Degree / Diploma in Accounting & Finance

Experience:

• 8+ Years of experience

Industry:

• Signage / Advertising / Media Production / Fabrication

Ideal Candidate Profile:

• Responsible for monitoring day to day financial accounting of the organization and manage the Finance Department team.
• Analyze and prepare reports on financial data on a monthly, quarterly, and annual basis.
• Streamline all financial transactions in terms of manual and/or system improvements to accounting systems.
• Review and maintain finance procedures like accounting system, payment processing, payment records maintenance, payroll, and other internal controls.
• Administer the company’s financial status, performance, and identify areas for improvement.
• Monitor the authority matrix for approval of expenditures, purchase orders, sales orders, petty cash, and journal entries in the context of SAP and ensure compliance at all times.
• Responsible for preparation of final accounts for AP and all its group companies for audit, monthly accounts, and providing assistance to auditors for finalization on trial balance, P&L account, balance sheets, cash flow, and other supporting reports.
• Remove, edit, and change the fixed assets from the fixed asset master of one department to other departments.
• Check fixed asset related to local and overseas invoices and journal vouchers.
• Reconcile fixed asset total value with general ledger total asset value, depreciation, and accumulated depreciation.
• Maintain chart of accounts and provide new general ledger accounts and codes for AP Group.
• Review financial and operating reports on performance of AP and group of companies.
• Prepare and present financial statements, P&L, balance sheets, and department costs to senior management and owners.
• Review current audited financial statements and investigate variances, if any, with internal system of accounts.
• Conduct cost review sessions with operations team for their department expenses. Actual Vs Budget, monthly variations.
• Produce financial reports related to monthly and annual budgets in consultation with department heads.
• Review and consolidate sales budget received from Field sales, Traffic signs (MOW), and projects.
• Compile the Capex budget based on the approved capex for different departments.
• Compile the manpower budget based on the approved additional manpower for different departments.
• Prepare cash flow statement and present it on a monthly basis to GCEO along with management team.
• Make recommendations on improving cash flow position.
• Review all costing policies like overhead allocations and direct labor costing and advise management.
• Review commercial terms for tenders and sales agreements.
• Validate and reconcile all accounts receivable including retention by accounts receivable/collection team.
• Ensure accounts receivable and credit control team follow up with customers, sales team, and other stakeholders on a timely basis.
• Propose cases for legal notices and settlement for long overdue and problematic cases.
• Review vendor agreements like insurance, materials, and maintenance.
• Review all banking limit agreements and ensure compliance with agreed terms & conditions.
• Propose adjustments in terms & conditions in all financial agreements to the chairman.
• Review all investments and its performance and propose pros and cons of different alternatives.
• Ensure that ISO 9001:2015 quality management system, ISO 14001 Environmental Management System & ISO 45001 Health & Safety Management System/procedures are being effectively implemented in your respective role and compliance to statutory and regulatory requirements.