The Role
Accounting Manager: Scope of Work Responsibilities & Duties \xe2\x80\xa2 Ensure that all accounts staff are complying strictly with their assigned scope of work and Resolve problems whenever arise which may affect the smooth operation of the department. \xe2\x80\xa2 Obtain and maintain a thorough understanding of the financial reporting and general ledger structure. \xe2\x80\xa2 Ensure an accurate and timely monthly, quarterly and year end closing of accounts. \xe2\x80\xa2 Supervise the general ledger to ensure all financial reporting deadlines are met. \xe2\x80\xa2 Ensure the timely reporting of all monthly financial information. List of reports and date of submission : - Monthly Accumulated Profit & Loss report (Budgetary & department wise) to be submitted on or before 15th of every month. - Monthly Accumulated Salesman Sales Analysis report to be submitted on or before 15th of every month. - Monthly Invoice Profitability report to be submitted on or before 15th of every month. - Cash-flow report to be submitted twice every month (15th and 30th from every month). - Accounts Receivable ageing balances with analysis to be submitted on 15th of every month. \xe2\x80\xa2 Supervise the receivables collection according to the company policy and to supervise the settlement and timely return of the daily sales invoices in all its types (Cash and credit) after delivery or service. \xe2\x80\xa2 Supervise the payable and ensure its accuracy. \xe2\x80\xa2 Ensure assigning tasks and job responsibility officially for every staff in the accounting department as needed and ensure compliance of every staff to the same for easy conduct a performance evaluation for them whenever needed. \xe2\x80\xa2 Ensure integrating the assigned staff tasks, responsibilities and roles into the company\xe2\x80\x99s ERP system and to apply with help of the company\xe2\x80\x99s IT the appropriate security levels of each staff and to run every month activity logs and report it to the GM. \xe2\x80\xa2 Ensure maintaining the company\xe2\x80\x99s important stationary\xe2\x80\x99s such as cheque books/blank invoices/receipt and payment vouchers in a secured and safe place. \xe2\x80\xa2 Ensure the monthly and quarterly Bank Compliance activities & reconciliations are performed in a timely and accurate manner. \xe2\x80\xa2 Coordinate and resolve various issues with banks such as cleared cheque differences, bounced cheques, bank fees and enhancements to online services. \xe2\x80\xa2 Support budget and forecasting activities to ensure Budget vs. Actual. \xe2\x80\xa2 Collaborate with the other company\xe2\x80\x99s department managers to support overall department goals and objectives. \xe2\x80\xa2 Monitor and analyse department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy. \xe2\x80\xa2 Advise staff regarding the handling of non-routine reporting transactions. \xe2\x80\xa2 Respond to inquiries from the General Manager, Partners & Auditors regarding financial results, special reporting requests and the like. \xe2\x80\xa2 Work with the Auditor to ensure a clean and timely year end audit. \xe2\x80\xa2 Perform stock taking quarterly for equipments/parts /tools/assets inventory and report any differences. Also to supervise the company\xe2\x80\x99s monthly random inventory and report its result. \xe2\x80\xa2 Assist in development and implementation of new procedures and features to enhance the workflow of the department. \xe2\x80\xa2 Provide training to new and existing staff as needed. \xe2\x80\xa2 Ensure accounts department privacy & security and ensure the daily accounting software back up, and conduct daily check on the activity log in ERP and ensure that all transactions are performed through the staff assigned to him. \xe2\x80\xa2 Complete Any project may assigned by GM or Partners. \xe2\x80\xa2 Be a member and attend weekly committees may decided by management. \xe2\x80\xa2 To keep a record with coordination with GM for all Trade Finance Activities with bankers and control the facilities limits and renewals Key Performance Indicator (KPI) for Accountings Manager: \xe2\x80\xa2 Accounting Accuracy. \xe2\x80\xa2 Collection ( receivable ) Performance \xe2\x80\xa2 Budget implementation \xe2\x80\xa2 Timely reporting \xe2\x80\xa2 Level of revenue generated from FX transactions and bank interests

Requirements

• A minimum 5 years\xe2\x80\x99 experience as accounting Manager in a trading company mainly. \xe2\x80\xa2 Arabic speaking is preferable. \xe2\x80\xa2 Management\'s skill \xe2\x80\xa2 Age not more than 45 year old. \xe2\x80\xa2 5-Batchelor degree in accounting \xe2\x80\xa2 UAE corporate Tax knowledge is an added value.

About the company
Welcome to Newmatic, the region\'s most experienced Commercial Laundry Equipment and Spare Parts specialists since 1993. We have built our reputation on providing competitive solutions to our customers. Our business techniques and service are constantly evolving to satisfy the demands of our growing customer base.