Manager ATR; Account to Report

About the Company

At IFFCO Group, we are fully dedicated to our core value of "People". We are devoted to fostering our employees' growth, providing them with limitless opportunities for personal and career advancement. Our enticing benefits and inclusive work environment have garnered recognition as a certified Great Place to Work® in the UAE and Saudi Arabia.

To lead the Account to Report tower within the Finance Shared Service Centre for IFFCO Group. To own overall accountability for various Account to Report processes including financial accounting, balance sheet reconciliations, inter-company reconciliation etc. for all Business Units within IFFCO.

• 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.

• Chartered Accountant
• MBA Finance (preferable)

• 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

• 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.