Job Brief – Assistant Finance Manager

Shuraa is looking for a detail oriented Assistant Finance Manager for our client. The objective of the role is to delegate, supervise, and participate in accounting department tasks, oversee the recording, tracking, and reporting of financial information, train, and motivate accounting staff members as well as develop and implement department controls and procedures, and ensure that the department operates efficiently without sacrificing accuracy.

Key Responsibilities:

• Oversee and manage all aspects of the accounting department, including accounts payable, accounts receivable, general ledger, payroll, and financial reporting.
• Ensure the accuracy and timely preparation of financial statements, including balance sheets, income statements, and cash flow statements
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities
• Prepare timely regular and ad-hoc reports and analyses to support management decisions
• Ensure compliance with internal policies and procedures, accounting standards and local laws and regulations related to Finance
• Manage the preparation of tax returns and other regulatory filings
• Oversee invoicing and customer collections of the accounting team are as per set guidelines
• Monitor the flow of petty cash funds and timely liquidations thereof.
• Supervise and mentor accounting staff, providing training and support to ensure the team is operating at maximum efficiency.
• Work closely with other departments to identify areas for cost savings and to ensure all financial transactions are recorded accurately

Job Requirements

• Minimum 5 years’ experience in auditing or accounting, of which at least 2 are as a team leader.
• Must hold Bachelor’s or Master’s degree in Finance, Accounting, or another closely related field
• Strong project management, leadership skills and decision-making ability
• Knowledge of accounting software and financial reporting tools, such as Tally ERP, Sage and Microsoft Excel