Senior Managerial Accountant

The Senior Managerial Accountant (BAUL) will be responsible for the activities stated below with a focus on managing financial transaction processing and resources, supporting AAFCU Management in achieving unit objectives and SLA / KPI targets, and insuring compliance with Client policies and procedures.

• Plan and prioritize deliverables and activities, and manage unit resources to ensure proper utilization of resources, and achievement of unit objectives and SLA / KPI targets.
• Monitor actual transactions processing durations and take corrective actions to ensure achievement of AAFCU and Assets Affairs SLA / KPI targets.
• Review payment certificates when required to ensure accuracy, reasonableness and compliance with Client payment procedure.
• Drive actions to reduce invoice backlog and unbilled amounts.
• Review invoice templates and checklists to ensure accuracy, completeness, and compliance with contracts and Client procedures.
• Review the annual expenditure budget for new projects and committed contracts before submission to AA Management and Corporate Finance.
• Review the annual billing and collection budget before submission to AA Management and Corporate Finance.
• Review the AA Portfolio before submission to Corporate Finance to ensure accuracy and reasonableness.
• Review financial pre / final approval requests to ensure accuracy and compliance with Client procedure.
• Review credit notes to ensure proper justification and supporting documents before submission to management.
• Review the periodic financial reports and other ad-hoc reports, such as expenditure, revenue, unbilled, payment performance, KPI, dashboard, achievement reports, etc.
• Review the monthly Expenditure Actual Vs. Budget variance analysis and forecast (including Hit and Miss) report for accurate actual duration against plan for each function and accurate analysis of the performance of accountable parties in delivering their targets.
• Review the monthly Billing & Collection Actual Vs. Budget variance analysis and forecast report for accurate analysis of the performance of accountable parties in delivering their targets.

Review regular reports for AA Management to identify trends and issues, and make appropriate recommendations for corrective actions and improvements.

• Lead the financial performance review meetings and follow up on agreed actions for continuous improvements and efficiency.
• Review periodic updates to costs and cost classification data to ensure that costs are being recorded and classified as per the Assets Affairs costing model / policy / guidelines.
• Review periodic updates to the costing model to ensure accuracy and reasonableness.
• Support management with decision making related to cost reduction and tariff setting by providing the required financial information and analysis.
• Review the monthly fixed assets entries / transactions in the assets register and ensure that entries / transactions related to asset additions, depreciation, disposals, and impairment are recorded in accordance with the Operating Fixed Assets Register (OFAR) policy and procedure.
• Review the required periodic costing and fixed assets reports before submission to management and Corporate Finance.
• Develop unit employees smart objectives in line with unit goals.
• Monitor the teams performance and provide feedback.
• Manage, guide, train and motivate team members to achieve team objectives.

• Review roadmaps and assist with developing and implementing new / improvement initiatives to achieve the AAFCU objectives.
• Monitor execution of the units roadmaps and implement the required / agreed actions focused on achieving the AAFCU and Assets Affairs objectives / KPIs / SLAs.
• Hold regular team meetings to engage team members in…