Senior Financial Specialist

Middle East Area Recruitment - TA

Dear Candidates,

Please find the job description as below. Kindly revert with your updated resume.

Location: Dubai

Job Description: -

Senior Finance Specialist - Dubai - CA/ACCA

Account Payables (Procure to pay)

Conduct a comprehensive review of invoices through a 3-way matching process and adhere to established SLAs while processing invoices.

Verify the accuracy and compliance of all invoices with company policies and procedures to guarantee correctness.

Maintain effective communication with stakeholders when encountering incomplete documents that hinder payment processing

Perform routine vendor reconciliations to ensure financial accuracy and vendor relationship integrity

Accounts Receivable (Order to cash).

Accurately generate sales invoices

Adhere to the company’s credit policy while overseeing customer credit accounts

Ensure prompt and effective communication with stakeholders to facilitate timely customer collections, including sending reminders in advance of due dates.

Administer and handle customer credit notes, including processing payments as necessary.

Conduct periodic customer account reconcillations.

Monthly Closing Activities: -

Responsible for timely and accurate monthly book closing by ensuring adherence to the monthly closing checklist, taking provisions, ensuring bill bookings, preparing landed costing for the products, bank reconciliation’s etc.

Preparation of Balance sheet reconciliation on periodic basis and review it with the finance head.

Support in preparing the upload file for Tagetik reporting as per the timeline shared by HQ.

Ensuring monthly, quarterly and annual reporting requirement of Tagetik as per the timeline shared by HQ.

Ensuring reconciliation of inter-Company balances.

Cashflow : -

Preparation of weekly actual and forecasted cashflow, highlighting the current and future liquidity positions.

Coordination with Commercial team on the sales/Collection projection and supply chain for incoming shipment and payment for preparing the cash flow.

Report or cash flow as per the timeline shared by HQ.

Relationship with Acino HQ and manage the Treasure reporting requirement (Weekly, Monthly and quarterly).

Manage intercompany documentation related to agreement of loan, working capitals etc.

Banking :

Uploading payment on bank portals after verification of bank account details.

Creating LC after verification of necessary documents

Coordination with bank and relationship manager for day-day-activity.

Capex Controller:

Controlling capex budget-Ensuring no overrun on the budget

Financial evaluation of the capex proposal

Meeting reporting requirements of Acino HQ – Monthly preparation of presentations for focus meetings rolling forecast for capex etc.

Preparation of capex proposal as per Action’s policy and sharing it with HQ.

Taxation : -

Filling quarterly VAT Returns as per the timeline shared by federal tax authority (FTA).

Continuously monitoring the VAT and refund due from FTA.