Please note this position is residential in Kurdistan.
Job Summary:
Responsible for all aspects of group financial management and implementation of internal control environment
across all sectors of the group. To lead the delivery and support the Finance Director in delivery of a Finance
centre of Excellence.
Key Job Deliverables/Responsibilities:
Ensure the Preparation of timely and accurate monthly management accounts in accordance with internal.
procedures to highlight key business drivers to senior management. Manage a team of accountants across all sectors to create consistent and value add decision support information.
Responsible for all journals and final GL balances including review of month end balance sheet reconciliations and control accounts. Create procedures that support a fast close reporting process that maintain the integrity and accuracy of the group’s assets and financial data.
Ensure the accuracy and integrity of the group’s accounting records and financial systems.
Manage working capital of the companies by ensuring that all suppliers are paid accurately and timeously, all is revenue collected within agreed terms and cash positions reflect banking terms.
Prepare statutory accounts for the group and its various subsidiary companies in accordance with agree accounting principles and the legislation of the countries in which they operate. Ensure compliance with all new intra-year changes to IAS and develop a culture that ensures that the Finance team having good understanding of both the accounting and regulatory changes in the sectors / geographic locations that group operates in
Review and update, in line with good practice, the group’s internal control environment and produce a controls and procedures manual for review and adoption by senior management.
Lead the development and implementation that ensures all inter-company balances are agreed with between all group entities within agreed timescales, with transfer pricing margins included.
Liaise with external service providers e.g. auditors and tax advisers.
Prepare quarterly reforecasts in accordance with agreed terms so that agreed plans are implemented to ensure thatinternal financial targets are achieved.
Produce financial information for company board meetings.
Attend meetings with Executive Management and contribute to discussion at said meetings, to ensure that key trends which impact profit are discussed. Ensure that action points agreed at meetings are delivered in a timely basis.
To take a lead role in the continuous development of Dynamics ERP system for all group entities to increas automation and standardisation of processes across the group.
Effectively manage, motivate and develop the Finance department through supervision and performance reviews of individuals in the team. Deliver a finance centre of excellence that is in line with listed entity performance.
Liaise with different departments to ensure that the finance department is properly supporting the needs of the operating businesses. Meet with Senior Management across the group operating divisions to develop a business partnering.
Ensure that the Finance Director is kept informed of industry developments which are relevant to the operation of an efficient finance function, both from a technical accounting perspective but also in relation to the sectors in which the group operates.
Develop a succession plan for the finance function that minimises key person risk but also supports the development and training requirements of an ambitious finance team.
Support the Finance Director and Executive Management by providing financial modelling and technical accounting expertise as and when required.