Group Financial Controller - GMS leadership
Job details
Group Financial Controller - GMS leadership Group Financial Controller - GMS leadershipEstablished in 1992 in U.S.A with current global Head Quarters in Dubai (UAE) and presence in nine different countries GMS is the worlds LARGEST Buyer of ships and offshore vessels for recycling. The group has now expanded and diversified in to ship ownership sports (football club ownership) real estate and other sectors and is going through a period of strong growth.We are looking for a Group Financial Controller with exceptional accounting and analytical skills to add value and improve our operations by bringing a systematic and disciplined approach to the accounting function.Reporting directly to the Group CFO the role will be responsible for the following:Job ResponsibilitiesConsolidation and Financial ReportingLead the consolidation process for the group ensuring accurate and timely consolidation of financial statements for multiple entities and business units.Coordinate with regional finance teams to gather and validate financial data eliminating discrepancies and ensuring consistency across reporting entities.Perform intercompany reconciliations and eliminations to eliminate duplicate transactions and achieve a single accurate view of group financial performance.Prepare consolidated financial statements and management reports for presentation to executive leadership and external stakeholders.Lead the preparation and analysis of monthly financial reports including income statements balance sheets cash flow statements and key performance indicators (KPIs)General Ledger (GL) Management and MonthEnd CloseOversee the monthend and yearend closing processes ensuring adherence to established timelines and accuracy in financial reporting.Review journal entries account reconciliations and accruals to verify completeness and accuracy of GL transactions.Implement best practices for GL management including chart of accounts maintenance cost center allocations and accounting policies documentation.Financial Systems and Process ImprovementEvaluate existing financial systems processes and controls related to consolidation and GL management identifying areas for improvement.Drive initiatives to enhance automation standardization and efficiency in consolidation reporting and GL operations.Partner with IT to implement system enhancements upgrades and integrations to support evolving business needs.Provide training and support to finance staff on system usage reporting requirements and best practices for consolidation and GL activities.Tax Compliance and StrategyOversee all aspects of tax compliance for the group including income tax VAT/GST and other indirect taxes across multiple jurisdictions (with a specific focus on the UAE and US)Ensure timely and accurate filing of tax returns including coordination with external tax advisors and authorities to meet regulatory requirementsFinancial Leadership and Team ManagementProvide leadership and guidance to the finance team fostering a culture of accountability collaboration and continuous improvementMentor and develop finance staff providing training and opportunities for growth and advancement within the organizationCollaborate with other departments and senior management to support strategic initiatives optimize financial performance and drive business growth.RequirementsPreferred Qualifications / skillsChartered Accountant with 10 years of post qualification experienceExperience within the Shipping sector (chartering or recycling of vessels) will be looked upon favorablyExperienced financial controller with a keen attention to detail that prides themselves on taking ownership of the Group financialsExtensive experience in leading on financial consolidation and reportingProficiency in financial reporting tools and software including ERP systems BI tools (e.g. Power BI) and Microsoft Excel are a significant advantageProven ability to manage monthend and yearend close processes in a multientity cross currency environment meeting tight deadlines and ensuring accuracy.Track record of preparing financial statements in accordance with IFRS and leading the external audit processDemonstrated experience of leading a finance team ability to work to deadlines and communicate well with the ExCom Job Description Established in 1992 in U.S.A with current global Head Quarters in Dubai (UAE) and presence in nine different countries GMS is the worlds LARGEST Buyer of ships and offshore vessels for recycling. The group has now expanded and diversified in to ship ownership sports (football club ownership) real estate and other sectors and is going through a period of strong growth.We are looking for a Group Financial Controller with exceptional accounting and analytical skills to add value and improve our operations by bringing a systematic and disciplined approach to the accounting function.Reporting directly to the Group CFO the role will be responsible for the following:Job ResponsibilitiesConsolidation and Financial ReportingLead the consolidation process for the group ensuring accurate and timely consolidation of financial statements for multiple entities and business units.Coordinate with regional finance teams to gather and validate financial data eliminating discrepancies and ensuring consistency across reporting entities.Perform intercompany reconciliations and eliminations to eliminate duplicate transactions and achieve a single accurate view of group financial performance.Prepare consolidated financial statements and management reports for presentation to executive leadership and external stakeholders.Lead the preparation and analysis of monthly financial reports including income statements balance sheets cash flow statements and key performance indicators (KPIs)General Ledger (GL) Management and MonthEnd CloseOversee the monthend and yearend closing processes ensuring adherence to established timelines and accuracy in financial reporting.Review journal entries account reconciliations and accruals to verify completeness and accuracy of GL transactions.Implement best practices for GL management including chart of accounts maintenance cost center allocations and accounting policies documentation.Financial Systems and Process ImprovementEvaluate existing financial systems processes and controls related to consolidation and GL management identifying areas for improvement.Drive initiatives to enhance automation standardization and efficiency in consolidation reporting and GL operations.Partner with IT to implement system enhancements upgrades and integrations to support evolving business needs.Provide training and support to finance staff on system usage reporting requirements and best practices for consolidation and GL activities.Tax Compliance and StrategyOversee all aspects of tax compliance for the group including income tax VAT/GST and other indirect taxes across multiple jurisdictions (with a specific focus on the UAE and US)Ensure timely and accurate filing of tax returns including coordination with external tax advisors and authorities to meet regulatory requirementsFinancial Leadership and Team ManagementProvide leadership and guidance to the finance team fostering a culture of accountability collaboration and continuous improvementMentor and develop finance staff providing training and opportunities for growth and advancement within the organizationCollaborate with other departments and senior management to support strategic initiatives optimize financial performance and drive business growth.RequirementsPreferred Qualifications / skillsChartered Accountant with 10 years of post qualification experienceExperience within the Shipping sector (chartering or recycling of vessels) will be looked upon favorablyExperienced financial controller with a keen attention to detail that prides themselves on taking ownership of the Group financialsExtensive experience in leading on financial consolidation and reportingProficiency in financial reporting tools and software including ERP systems BI tools (e.g. Power BI) and Microsoft Excel are a significant advantageProven ability to manage monthend and yearend close processes in a multientity cross currency environment meeting tight deadlines and ensuring accuracy.Track record of preparing financial statements in accordance with IFRS and leading the external audit processDemonstrated experience of leading a finance team ability to work to deadlines and communicate well with the ExCom This job has been sourced from an external job board.More jobs on Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. 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