Finance Manager

3 weeks ago

Wadi Rusayl, Oman Mohsin Haider Darwish LLC, Corporate Office Full time

Chartered Accountant(Chartered Accountant)

Nationality: Indian

Job Title: Division Finance ManagerReports to:

Division Director / Head – Business Finance (HO)

Reportees:

Accounts Assistant, Data Entry Operator, Petty Cashier, Debt Collector

Role and Context

The Divisional Finance Manager ensures that transactions are recorded accurately, particularly receipts, payments, and ledger transactions to facilitate accurate and timely reporting to the management, ensuring compliance with the organization's policies and procedures. Part of the operational team ensuring compliance with financial policies and procedures.

Summary of the Job Role:
  • Supervise the tasks performed by accounting staff to ensure proper record keeping and timely reporting.
  • Accounts monitoring, involved in budgeting, reporting communication, and liaison.
Authorities:
  • Approve leave and official trips to Accountants and Senior Accountants.
  • Sign LPO for less than RO 500 in respect of local purchases.
  • Approve petty cash bills for less than RO 50.
  • On job training for reportees.
  • Vetting & Approval of Sales for accounting in the Management Information Systems.
  • Vetting & Approval of Request to Orders, Costing sheets of quotations, tenders and other routine documents including petty cash vouchers, Overtime, Sales below costs etc.
  • Ensure timely updation of all transactions in the ERP system to facilitate generation of reports, budgeting, and Business Performance Review.
  • Ensure prompt reporting of exceptions/deviations to facilitate timely corrective actions.
  • Vetting of Request to Orders for Overseas Procurement with reference to appropriate parameters and to F&P HO as per company policy.
  • Ensure claims are lodged with Principals and follow up of the claims on damages/shortages.
  • Ensure additions and disposals of fixed assets and depreciation charge are properly accounted.
  • Verify that collections are promptly accounted and deposited.
  • Generate necessary reports for follow-up of collections with Sales department in respect of unapproved sales and coordinate with HO for approved sales.
  • Ensure Suppliers' bills are properly verified and accounted.
  • Ensure all dispatches are invoiced and all error logs/reports are cleared promptly.
  • Ensure supplier and other payments are made on due dates.
  • Ensure timely preparation of monthly reconciliations for Bank accounts, Suppliers, Customers, and other GL accounts.
  • Vetting/Authorization of all documents including LPOs, Stock Adjustments, IPOs, MTBA's, Petty cash, Overtime Claims, etc.
  • Approving of Daily Document Movement Slips for accounting of Sales.
  • Assist in trouble-shooting and resolving ERP integration issues along with key users/counterparts in other departments.
  • Ensure team members are properly trained to perform their duties and jobs effectively and efficiently.
  • Monitor operation of company policies, processes, and procedures for compliance.
  • Monitor operation of company's Financial, IT and Accounting internal control systems and processes.
  • Coordinate with external auditors for ISO Audit.
  • Coordinate with internal audit.
Relationships:Internal:
  • Department Head-Division
  • Head – Business Finance
  • Accounts and Data Entry staff
  • Executives, Supervisors, Managers, and Staff of all departments
External:
  • Customers
  • Suppliers
  • Banks
  • IT service providers and vendors
  • External Auditors
Qualifications:
  • Professional qualifications with 7 - 12 years experience
  • Graduate/Post Graduate in Accounting or Costing
  • Internationally recognized qualification-CA, CMA, CIMA, ACCA, ICWA
Skills/Knowledge:
  • Excellent written and oral communication skills.
  • Demonstrated experience in financial/cost accounting.
  • Advanced user of MS Office, especially MS Excel and PowerPoint.
  • Proficiency in operating SAP systems.
  • Exposure to manufacturing companies; Product and process costing.
  • Excellent analytical skills and problem-solving skills.
  • Excellent team player and motivator.
  • Experience in training and handling staff.
Experience:

More than 7 years work experience in a similar position of a mid-size to large organization, preferably using SAP ERP packages. The candidate should have had experience in working with Automotive/heavy equipment and construction industry for 2-3 years at least, out of which quality time should have been as a Divisional Finance Manager or Finance Business partner for an automotive after-sales business or alternatively associated with a tires/batteries/auto ancillaries distribution/retail/network business with clear understanding of the distribution and sales points management model along with a strong controls background.

Employment Type:

Full Time

Company Industry:
  • Plastics
  • Rubber
Department / Functional Area:
  • Accounts
  • Taxation
  • Audit
  • Company Secretary
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