Accounting Manager

4. KEY ACCOUNTABILITIES Description General Accounting Review and validate all accounting transactions in compliance with company's accounting policies, Delegation of Authority, and International Accounting Standards. Review and validate monthly customer invoices in compliance with sale order, agreements, contracts etc. signed with customers. Review and analyze receivable ageing report coordinate with concerned department for receivable management. Review and validate suppliers/services provider's invoices in compliance with contracts, agreements, purchase orders etc. signed with customers. Ensure the accurate development of Chart of Accounts, oversee identification and creation of departmental and cost center structure. Ensure all payments are properly documented and approved in compliance with company's policy, DOA and approved budget. Ensure the staff cost of employees are properly allocated to respective department and cost center as per payroll. Operational Activities Coordination with Legal & Commercial to ensure compliance contractual requirements WRT contractors & service providers. Verification of Interim payment certificates (IPCs) of EPC contractors and Close out project accounts upon project completion Support complex contract negotiations and provide financial and commercial analyses and decision support as required. Review and analyze receivable and payables ageing report in coordination with concerned departments. Support various departments for risk management Review and validate monthly payroll in coordination with HR in compliance with WPS. Compliance Compliance of all contractual provisions as per contracts with the customers/clients. Review and filing of tax returns, including withholding tax filing other compliance with GTA. Strategy Development and Implementation Develop and direct the implementation of the department strategy ensuring alignment to divisional strategy, Qatar's vision, mission, and corporate objectives. Ensure that department strategy and related strategic plans are developed and implemented, which are aligned with the vision and mission of the organization. Ensure the provision of subject matter expertise for the assigned domain and provide counsel to Qatar leadership on all related areas to facilitate the achievement of Qatar's strategy and divisional strategies. Leadership Manage the effective achievement of departmental objectives through effective leadership and by setting of individual objectives, managing performance, developing, and motivating team to maximize performance. Lead the talent development initiatives for the assigned department, collaborating with discipline experts and thereby ensure the availability of talent to fit business requirements. Budgeting and Financial Performance Oversee the consolidation and recommend the department budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, and potential areas of cost reduction or performance improvement opportunities are capitalized upon. Policies, Systems, Processes & Procedures Develop and lead the implementation of accounting department policies, systems, processes, procedures, and controls covering all areas of assigned functional so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service in a consistent manner. Auditing Coordinate and mange external/internal audits and timely completion and submission of audited Financial Statements, both standalone and consolidated. Change Management Lead the management of change through continuous improvement of department systems, processes and practices taking into account global standards and changes in the business environment which demand proactive action plans. Reporting Ensure that all department reports are prepared timely and accurately and meet Qatar requirements, policies, and quality standards. Ensure all reports are prepared in compliance with IFRS/IAS requirements. Quality, Health, Safety & Environment Ensure all relevant quality, health, safety and environmental procedures, instructions and controls are adhered to so that the safety of employees, quality of products/services and environmental compliance can be guaranteed. Related Assignments The job holder may be required to undertake additional duties, which may be reasonably expected and forms part of the function of the job. 5. COMMUNICATIONS & WORKING RELATIONSHIPS Internal All Qatar departments as needed External Governmental authorities Audit firms Qatar customers and clients 6. CONTEXT, WORK ENVIRONMENT & DECISION-MAKING AUTHORITY The job holder is required to foresee and meet current and potential challenges presented by rapid operational and staff growth in creating and implementing effective human resources strategy. The job holder exercises financial authority as per the level established