Manager - GL and Closing (UAEN Talent Pool)

Manager - GL and Closing (UAEN Talent Pool)United Arab EmiratesJob DescriptionCore Duties & ResponsibilitiesFinancial accounting, Control, Reporting and AuditEnsures accuracy, integrity, quality and timeliness of all general ledger accounting / transactions in compliance with the applicable accounting and reporting standardsCoordinates all aspects of and continually improve monthly and annual close process such as accrual entries, revenue recognition and expense reporting including appropriate account reconciliations in order to ensure the timely and completeness of the accounting close including year-end closing of accounting systemsBe a custodian of the GL accounts and drive controllership and compliance through financial and operational excellenceManage statutory and other audits as necessary and ensure successful compliance and closurePrepares / reviews all General Ledger accounting transactions, journal entry transactions and supporting documents prepared by Outsourced team, ensures completeness and accuracy, integrity and quality of all general ledger transactionsResolves any issues arising from general ledger processing anomalies as quickly as possiblePrepares / reviews the financial statement of the group entities and also prepare the consolidationBalance Sheet ReconciliationsEnsures that risk management framework is in place and the required reconciliation and data checking processes are acted on and/or resolved in a timely mannerResponsible to prepare / review necessary balance sheet account reconciliations and journal entries as applicable and ensuring that any gaps or variances between the books of accounts or systems are addressed on a regular basis. Ensure all the variances and open items are resolved within 90 days and ledgers are accurate and representativeTeam CoordinationWork in coordination with other finance sections such as P&B, AP, AR, Treasury and Real Estate, VAT and Corporate Tax, Payroll, Policies and procedures, FA teams and assist Planning & Budgeting team by responding to queries in relation to accounting transactionsLeadership in EY Partnership for the SectionCoach the EY team to accomplish their assigned tasksProactively acts required in ensuring adherence to service levels for the section including putting in place/driving actions required to bring service levels back in line (if required)To monitor the performance of EY to ensure optimum performanceTimely communication of process changes and other relevant information related to DWTC and the sectionEnsures the activities of the outsourced General Ledger team comply with DWTC’s internal control policies and procedures and effective measurement SLA and KPIProcess Improvement, Enhance Internal Controls and AuditsDevelop, manage, review and improve policies and procedures compliance in the GL. Analyse, improve and enhance internal control compliance. review, monitor and manage performance reporting of outsourced & DWTC teamTo address and drive closure to issues pertaining to Internal AuditTo drive and lead initiatives to enhance process capability and internal controls for the sectionTo support other initiatives as required by the Finance Management to improve efficiency and effectiveness of processesFormulates accounting solutions for new transactions and resolves any discrepancies regarding complicated transactions or general ledger issuesEnsures the activities of the operational staff reporting to Finance comply with DWTC’s internal control policies and proceduresProvides input into the continuing review and improvement of General Ledger policies and procedures as requiredLeads in coordination and preparation for internal, external and government financial auditsCustomer CentricityTo ensure customer satisfaction by proactively addressing concerns/issues and requests from business unitsTo drive projects/initiatives which will streamline/enhance the Finance service capability to the business unitsParticipate in business units’ initiatives which will impact the Finance DepartmentEngage with business units on a periodic basis to get feedback on the quality of Finance service delivery and understand and address challenges, if anyOffice basedAdaptability and flexibility is requiredFormal EducationUniversity degree in Finance/AccountingWork ExperienceAt least 5 years post-qualification experience, and working knowledge of International Financial Reporting Standards (IFRS)Demonstrate experience using Microsoft applications & other systemsExperience in financial statement preparation and consolidation using an advanced consolidation tool will be an added advantageSkills & KnowledgeExcellent attention to details and analytical skillsWorking knowledge of Excel, Word, Power point is required, and ERP knowledge is preferredGood communication skills both speaking and writingRecent updates of IFRS and new laws and regulations#J-18808-Ljbffr