Overview
About the job
The position is responsible for coordinating the company’s processes involved in the preparation and submission of monthly financial reports, periodic IFRS financial statements and other statutory reports. This responsibility includes providing guidance to business units in developing and maintaining accounting policies, controls and related processes for quality assurance and effective governance in financial reporting.
Key Accountabilities:
- Manage processes of preparing quarterly and annual financial statements as per IFRS accounting standards and other UAE laws/regulations to achieve timelines for Audit Committee/ Board approval and auditor’s sign-off.
- Coordinate the monthly review of accounting schedules by the financial reporting unit and discuss observations with the line manager to identify areas for improvement in report quality and the financial reporting process.
- Maintain consolidated manual of all accounting policies prepared by different units in Finance Operations and verify compliance with IFRS accounting standards and interpretations.
- Facilitate effective communication between auditors (External, Internal and State) and business units during audit of financial statements/reporting processes.
- Develop and maintain framework for managing risks in the company’s financial reporting processes, to ensure relevant and reliable financial information to stakeholders and for regulatory compliance.
- Coordinate the implementation of internal controls over financial reporting (ICOFR) with various stakeholders.
- Handle checklist of month end closing activities related to financial reporting unit for effective coordination of timelines and achieving deliverables.
- Manage the process for updating general ledgers in the chart of accounts to ensure financial transactions are properly recorded and grouped for complete and accurate financial reporting.
Qualifications:
- Bachelor’s degree or equivalent in finance or accounting.
- Qualified finance/accounting professionals with ACA, ACCA, CIMA or equivalent.
Experience:
- At least 10 years of accounting experience, with a minimum of 2 years in supervisory role within financial reporting.
- Experience in preparation of financial statements in accordance with IFRS accounting standards.
- Experience in technical accounting is preferred.
- Knowledge of internal control over financial reporting
- Experience in telecommunications is a MUST.
Skills:
- Strong understanding of telecommunications business.
- Business decision making skills
- Negotiation skills
- Financial analysis skills
- Ability to apply tax laws to given business cases.
- Working knowledge of Oracle ERP
- Process improvement skills
- Strong communication skills.
- Collaboration skills.
- Organizational skills
- People skills
About du
Welcome to a vibrant and multiple award-winning telecommunications service provider. Our aim is to bring people and businesses together in what we do best, by offering mobile and fixed services, broadband connectivity and IPTV services to people, homes and businesses all over the UAE.