Accounting Manager (Financial Controller) – PIE
PIE is looking to hire a skilled Accounting Manager (Financial Controller).
•Responsible for creating an environment which ensures all the financial transactions are inputted into the accounting systems are only made by duly authorized personnel after proper review and approval procedures have been completed.
•Financial services experience in payments, prepaid cards, and remittance.
•Manage settlement accounts with all third parties networks like Visa, Mastercard, eGov, MNO’s.
•To ensure that proper, complete documentation and information is available to support all transactions recorded in the accounting systems.
•To ensure that daily, monthly and other periodic closings are affected in a timely, disciplined manner, and that all required reports are generated and distributed.
•To ensure that all reconciliations of banks accounts are completed accurately and promptly
To ensure that financial information systems are operating efficiently and effectively.
•Monitor the profitability, yield on assets and monthly cost of funding of the corporation by review of monthly MIS reports and approval of all the working papers. Compare performance of the Corporation against budgets / plans, analyze variances from the budget and initiate necessary action.
•Supervising the team for preparation of annual budgets. Responsible for approval of annual budgets.
•Cash Flow management, collection, vendors and suppliers.
•Consolidate financial statements.
•Manage banks relationship, and secure financing sources.
•Manage key accounts financial relation.
•Manage accounting and financial reporting for subsidiaries, affiliate companies, or any companies invested by shareholders as a group or individually
Optimize return on investment in relation to access cash, and assets ensuring highest optimal return on assets and equity.
•To ensure existence and implementation of complete, effective, secure accounting procedures and internal controls with respect to all the Corporation’s transactions, income, expenditure, assets and liabilities.
•Set down and revise procedures to enhance the efficiency of Finance Dept.
•To ensure the creation and maintenance of detailed procedure manuals covering all aspects of the Corporation’s accounting.
•To ensure that the laid down procedures relating to accounting matters are implemented and followed and that all necessary approval and control functions are observed without exception.
•Develop company financial KPI’s, objectives and goals.
•Identify new business applications to improve operations performance.
•Create pre-emptive control strategies; reduce operational cost through effective back office and operations management.
•Design and implement procedure that minimize theft, fraud, and stock losses.
•To ensure that complete, comprehensive financial information is delivered to the BOD, General Manager, Assets and Liabilities Committee (ALCO) and all other departments in a timely manner as appropriate in the circumstances.
•To be proactive in reporting to the General Manager, in order to bring such matters to their attention as may be appropriate from time to time, particularly where errors or irregularities have occurred or the Corporation may be exposed to loss.
•To supervise the compilation of the annual budget by obtaining sufficient, reliable, relevant information from the various departments.
•To monitor the Corporation’s performance against budget and to report to the General Manager and department managers as appropriate.
•To ensure the timely production of financial reports required for presentation to the Board and to coordinate with other departments concerning financial data submitted to the Board.
|Job Location:||Manama, Bahrain|
|Job Role:||Accounting and Auditing|
|Company Industry:||Financial Services|