Manager ATR (Account to Report)

Overview

About the Role

Responsibilities

• Achieve all established SLAs and efficiency targets through automation, standardization and improvements in existing processes.
• Act as the interface between senior management and SSC for all information pertaining to Account to Report.
• Coordinate with functional teams and understand the various reporting requirements.
• Coordinate with ERP team to enable ERP system to be able to provide the required reporting.
• Analyse and signoff all management reports and audited financial statements/reports for the SSC.
• Receive and discuss ad-hoc reporting requests, and provide the needful. Consider additional periodic reports to replace ad-hoc requests.
• Ensure timely and accurate closure of financial statements pertaining to SSC and ensure adherence to all the regulations and policies setup by corporate Finance during the statement preparation process.
• Support the Head Finance SSC in ensuring financial control systems and procedures for analysis of complex accountancy/finance issues and thus ensure efficient financial accounting and planning.
• Supervise and oversee timely and accurate completion of balance sheet reconciliation process.
• Supervise and oversee timely and accurate posting of all general ledger entries for various business units serviced by Finance SSC.
• Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
• Conduct expense analysis of all general ledger classes and provide necessary inputs to management for correction.
• Recommend any updates to accounting policies related to fixed assets to the management.
• Oversee recording of fixed asset acquisitions and dispositions in the accounting system.
• Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
• Ensure accurate reconciliation of balances in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
• Review and update the detailed schedule of fixed assets and accumulated depreciation.
• Investigate the potential obsolescence of fixed assets and conduct periodic impairment reviews for intangible assets.
• Conduct analyses related to fixed assets as requested by management regarding write-offs or initiate efficiency improvement exercises.
• Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
• Represent the company during any audits by government/external auditors that involve fixed assets.
• Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.
• Oversee processing of all inter-company non-trade reconciliation entries.
• Frequently sample entries in general ledger and balance sheets prepared for spot checks.
• Provide query resolution support to the Business Units in case of escalations and complaints.
• Develop and maintain General Accounting KPI’s to manage efficiency and effectiveness of key accounting processes/balances. Initiate reviews with appropriate stakeholders, establishing improvement actions and monitoring thereon.

Qualifications

• Chartered Accountant

• Ownership & Result Orientation

• Oracle/SAP ERP
• Advanced Excel

• Financial Transaction Processing

• Financial Operations
• Financial Compliance
• Self and Team Management

• Planning & Decision Making

• Strategic Thinking
• Change Management

Preferred Skills

• 7+ years of experience in Finance Shared Services with 4-5 years of experience in leading Record to Report/Account to Report functions in a Finance Shared Service Centre.
• Enriching Lives Since 1975: IFFCO Group's Legacy.
• Since its establishment in 1975, IFFCO Group has thrived into a multinational conglomerate headquartered in the United Arab Emirates.
• Our influential FMCG brands and diverse portfolio of industry solutions and services enrich the lives of countless consumers and customers across the globe.
• In 2023, IFFCO Group proudly carries the distinction of being certified as a Great Place to Work® in both the UAE and Saudi Arabia.