Manager Financial Control EDGE Group UAE

EDGE Group is actively hiring qualified and experienced candidate for the job role of a Manager Financial Control. The selected candidate will be assigned to work at AL TAIF Company (subsidiary of EDGE Group). EDGE Group has just announced this vacancy and is openly accepting applications from all interested candidates.

Responsibilities of Manager Financial Control

• Maintain chart of accounts, develop new codes and secure approval for new account codes on an as needs basis.
• Review all invoice account coding, cash disbursement vouchers and cash receipt vouchers.
• Review non-billable cost items and payment transactions recorded to balance sheet accounts.
• Ensure month close as per the expected timeline and publish the monthly account package.
• Conduct health checks of the published financials using various analytics and trends.
• Carry out periodic fixed asset audits, documenting and reporting all identified discrepancies.
• Propose the write-off of fixed assets with no economic value and other non-recoverable balance sheet items with appropriate business justifications.
• Support internal and external audits of financial accounting records.
• Provide supporting schedules, explanations and records when required.
• Support the preparation of quarterly supplier performance reports as per the contractual deliverables and validate reconciling items.
• Verify the annual reconciliation.
• Process contract year close entries and annual balance carry overs.
• Review the monthly reconciliation of sub-ledgers to the GL balances, all balance sheet accounts and applicable profit and loss accounts.
• Consider statutory audit requirements and ensure to maintain the various sub-schedules required to support smooth audit completion.
• Validate all financial transactions in the company’s financial system and submit for approval.
• Review clearing accounts/control accounts and address any items.
• Monitor advances and outstanding recoveries and carry out an analytical review of the various GL accounts.

What You’ll Do More?

• Carry out project performance analysis and ensure revenue and fees are recorded as per the contractual terms.
• Validate the quarterly tax return in coordination with accounts payable and ensure timely submission of tax returns.
• Support tax audit review queries.
• Prepare cash flow projections.
• Validate the monthly uploading of the trial balance to the parent company and review analytical notes as per corporate guidelines.
• Monitor the contract year close transition plan migrating open purchase commitments.
• Explore and suggest improvements to financial reporting and system enhancements.
• Oversee Accounts Receivable, Accounts Payable, Project Accounting, and banking modules.

Eligibility Requirements

The eligibility requirements for in role of Manager Financial Control are as under:

• Bachelor’s degree in finance or accounting required.
• A minimum of 5-6 years finance/accounting experience.
• A minimum of three years in a managerial position.

Skills & Knowledge Desired

• Must have knowledge of Contract/audit experience.
• Must be proficient in Microsoft Office Software is required.

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