Finance Manager; EMDAD

To supervise and monitor accounting services and audit on all payables and receivables transactions and financial statements in-line with standard accounting requirements and company rules and regulations.

• 1. Perform standard accounting functions such as; the reviewing and correction of statements, supervising reconciliation of accounts in the various ledgers, and ensuring they are compliant with Company procedures.
• 2. Supervise the processing of all accounting transactions and the maintenance of accounting books, registers, and files to meet legal, managerial, and governmental requirements.
• 3. Ensure matching of revenue & costs and ensure accruals are made in a timely manner.
• 4. Manage the General ledger process while ensuring the preparation and recording of accounting entries.
• 5. Review and approve all Payroll related payments in line with the company HR policies and procedures; maintain and safeguard supporting documents of all accounting transactions.
• 6. Monitor accounts receivables and payables transactions, write-offs, and adjustments.
• 7. Ensure accuracy of the account’s receivables and payables and their alignment with the set rules and regulations.
• 8. Ensure claims and accounts payables are properly documented, followed-up, and settled.
• 9. Ensure accounts receivables are collected in a timely manner as and when due to ensure adequate balance in the banks.
• 10. Monitor bank payments assuming responsibility for any deviations ensuring compliance with required by laws and statutes.
• 11. Review and approve all high value invoices for payment and ensure compliance with the contractual terms and conditions in a timely manner.
• 12. Obtain authorization for exceptional and high value payments to vendors and suppliers not in due time and ensure alignment of payments with the department’s guidelines and company’s regulation.
• 13. Control and oversee the expenditure process to ensure adherence to the budget guidelines and company’s regulations.
• 14. Review and audit on reconciliation functions pertaining to various expenditures items and accounts; reconcile bank accounts and perform necessary adjustments when necessary.
• 15. Manage the fixed asset process while ensuring the maintenance of fixed asset records and related depreciation accounts.
• 16. Provide interpretative assistance as to the proper capitalization/expensing of outlays and classification of fixed assets, as well as depreciation methodology.
• 17. Maintain and control all departmental data to meet the requirements of Internal and External Auditors to ensure accuracy of information.
• 18. Provide Internal and External Auditors access to accounting documents and files, as per the Head of Finance instructions.
• 19. Prepare and ensure authorization of company’s income tax, other taxes and declarations and submit them to the Ministry of Finance.
• 20. Impose all relevant departmental policies, processes, standard operating procedures, and instructions in the Accounting Section so that work is carried out in a controlled and consistent manner.
• 21. Ensure that all accounting transactions are properly supported and recorded as per generally accepted accounting principles & company’s accounting policies & procedures.
• 22. Perform all tasks related to placing and renewal of time deposits ensuring compliance with company policy and guidelines.
• 23. Oversee the timely settlement of payables in accordance with policies and procedures.
• 24. Provide guidance and training for Omani Accountants & staff.
• 25. Participate in the development of annual plan and budget of the company.
• 26. Ensure the timely and accurate generation of company’s financial statements.
• 27. Review weekly reports prepared by his/her subordinates in order to ensure…