Finance Analyst- 1 year Contract

Overview

Finance Analyst (1-year contract)

Purpose-

Financial Accounting Activities

• Passing JV’s as required to conclude month end and year end closing.
• Prepare GL schedules and reconciliations for balance sheet items and highlight to Controller.
• Responsible for finalization of annual accounts, as per local standards (where applicable) and international standards like IFRS in line with external reporting timelines.
• Participates in projects that require input and advice from Finance.

Accounts Payable

• Follow up with Group Financial Services to ensure that all payments are released on time.
• Generate report showing consignment stock report and analyse the turnover, the quantity and value associated with it.
• Check and analyse invoices mismatch list and provide with the clear clarifications and corrections of the same.
• Conduct intense analysis on AP accounts as well as supplier aging reports and provide with an action plan.

Fixed Assets & Projects Capitalization

• Closely interacts with operations and technical services departments/IT regarding projects which are commissioned and ensure its timely capitalization.
• Ensures that all projects are capitalized within the set time frame as laid out in the company's procedures by providing details of ER's and follow up with these departments.
• Issue monthly status to report on capitalisation.
• Assist the business units in asset upload and ensure that necessary details are included while upload.

Cash & Bank Reconciliations

• Preparing Bank Reconciliation all 3 Bank Account on daily basis. Inclusive of different MOP’s.
• Intimating Cashier for preparing receipt for Bank transfer all 3 Banks.
• Petty Cash Reimbursement claim checking for Account codes and Approval as per DOA.
• Perform a daily reconciling between the daily transactions from the system/website to what is received in NI portal and from NI portal to designated bank account.

Insurance

• Insurance Declaration.
• Insurance claim liaising with Group Insurance.
• Product in Transit Insurance Declaration.

Audit

• Dealing with the various Auditors such as the external, internal and Govt. auditors to resolve the queries raised by such auditors on various matters.
• Provide TB, required GL schedules, and other audit requirements for external Hard close and year end audit on timely manner.
• Manage Mid-Year, Hard close and Year end audit.

Inventory

• Obsolete Stores and Inventory Provision Review.
• Inventory Schedule Preparation.
• Passing Obsolete Stock Provision JV.
• Physical Stock Verification.

VAT Management

• Prepares information on VAT to internal, external and government audit.
• Ensure vendor invoices received for any payment discrepancy, verified if VAT is calculated correctly and accordingly payment is processed.
• Ensure accounting and posting of all vendor TAX invoices updated and entered in the system.
• Verify and issue TAX credit notes against any vendor payments TAX invoice variances, which refer to the original supply.

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• Accounting Background with professional qualification in hand. (ACCA,CA,CPA,CMA…etc)
• 5 to 10 years experience within Financial Accounting. At least medium – large size organization.
• Manage month end closing books of accounts. (Passing JV’s, accruals. Etc)
• Experience in preparing GL schedules, Cash and Bank reconciliations, Accounts Payables, Fixed assets and project capitalization, Insurance, VAT and Tax returns, External Audit requirements, Treasury and Inventory.