Senior Financial Analyst | International Media Investments
Company Name: International Media Investments
Qualification: CPA, ACCA, CA, CMA, ICAEW & MBA
Location: Abu Dhabi, United Arab Emirates
Salary Range: 12,000 AED – 15,000 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
International Media Investments is a privately owned investment company focused on building a portfolio of quality media assets across the globe. Producing digital first, relevant and responsible news content which connects with people is at the core of International Media Investments’ mission.
The company has already built an impressive line-up of brands each with a digital growth focus. International Media Investments’ portfolio of assets includes The National, Al Ain News, CNN Business Arabic, and interests in Sky News Arabia and Euro news.
Whether it be television, print, radio or digital, International Media Investments believes that reliable and credible information is key to communities.
Job Description/Role
Role Summary:
The Financial Analyst will be responsible for the month-end closing process and preparation of monthly management accounts.
Responsibilities:
- Month-end proceedings up to the preparation of Balance Sheet and Profit and Loss Accounts.
- Preparation of accruals, prepayments, deferred and accrued income journals on a monthly basis.
- Review petty cash and other journals prepared by Financial Accountants.
- Preparation of draft monthly management accounts packs with detailed commentary at the end of each month on variances and movements against budget/forecast/prior years for review.
- Prepare detailed monthly balance sheet reconciliations and ensure compliance with accounting standards.
- Maintaining the group’s asset register to ensure new assets and related depreciation are recorded correctly in the ERP.
- Review all purchase requests (PRs) to ensure accuracy of coding and compliance with agreements signed.
- Follow up to ensure suppliers’ and clients’ invoices processed by the shared service team are coded accurately in the GL highlighting any discrepancies.
- Deal with bureau-related petty cash requirements and ensure that reconciliations are received, approved by the business, and recorded correctly in the ERP.
- Ensure that proper cost allocation and coding of expenses are in place.
- Raise red flags in case of any line item budget overspending.
- Prepare the first draft of the quarterly P&L forecast for review.
- Assist the Head of Finance with the preparation of annual budgets and cash funding requirements.
- Prepare VAT returns on a quarterly basis for review.
- Assist with the annual audit process by providing any requirements information as requested.
- Act as SAP champion for fixed assets and GL.
Requirements:
- Bachelor’s Degree in Accounting and Finance.
- Minimum 7 years experience in Financial Accounting and Reporting, and at least 3 years in a supervisor role.
- Previous experience in the media industry is highly preferable.
- Qualified Accountant holding a professional qualification from a recognized accounting body (ACCA, CA, or CMA).
- Previous SAP ERP working knowledge with ERP implementation experience is highly desirable.
- Ability to collect Financial data, establish facts, and draw valid conclusions.
- Ambitious with a high willingness to learn and grow.
- High attention to detail, organized, efficient, and confidential-oriented personality.
- Ability to prioritize and work to tight deadlines with flexibility in a fast-paced environment.
- Proficient in Microsoft Office with advanced Excel skills.
- Fluency in writing and speaking both Arabic and English is required.