Chief Accountant (production)

Sharjah, United Arab Emirates

Job Description

Position Summary

The position is responsible for reviewing and monitoring day-to-day accounting activities of the Company and its Subsidiaries up to the issue of financial statements and will be reporting to the Regional Finance Manager.

Key Responsibilities & Authorities
  • Financial Reporting: Preparing, analyzing, and presenting financial reports to management that summarize the company\'s financial performance. This includes the preparation of income statements, balance sheets, and cash flow as per IFRS Standerds.
  • Cost Accounting: Developing and maintaining the company\'s cost accounting system to ensure accurate product costing and pricing. This includes analyzing production costs, identifying cost-saving opportunities, and preparing reports on cost.
Budgeting and Forecasting: Developing annual budgets and financial forecasts for the company. This includes coordinating with other departments to obtain inputs and assumptions needed for budgeting and forecasting
  • Financial Reporting: Preparing, analyzing, and presenting financial reports to management that summarize the company\'s financial performance. This includes the preparation of income statements, balance sheets, and cash flow as per IFRS Standerds.
  • Cost Accounting: Developing and maintaining the company\'s cost accounting system to ensure accurate product costing and pricing. This includes analyzing production costs, identifying cost-saving opportunities, and preparing reports on cost.
  • Budgeting and Forecasting: Developing annual budgets and financial forecasts for the company. This includes coordinating with other departments to obtain inputs and assumptions needed for budgeting and forecasting.
  • Inventory Management: Monitoring inventory levels and ensuring accurate inventory valuation. This includes conducting periodic physical inventory counts, reconciling inventory records, and identifying and resolving discrepancies.
  • Compliance: Ensuring compliance with accounting principles, legal regulations, and company policies. This includes staying up-to-date with changes in accounting standards and regulations and making necessary adjustments to the company\'s accounting process.
  • Liaise with external auditors and provide necessary documentation for audit purposes.
  • Analyze financial data and provide insights to the Finance Manager and senior manage Reviews
  • Reviewing the schedule related to assets additional/deletion
  • Reviews all accruals for expenses
  • Allocation of tool capitalization costs
  • Issue, Monitor and collect transfer pricing invoices for Leasing, Sales of spare parts, Trade mark , Patent and LIN Soft.
  • Processes insurance requirements
  • Arranging bank guarantees, L/C\xe2\x80\x99s and other to the bank.
  • Weekly meeting with the production manager to discuss any financial issues
  • Timely preparation of financial statements and completion of audits
  • Maintaining / reviewing periodically the financial policies/procedures and internal control system/procedures to make sure that his team considering that, and to raise the results report to the Regional Finance Manager
  • Monitor and review accounting and related system reports for accuracy and completeness
  • Analytical reviewing for the petty cash expenses and others cost and to raise the report to the Group Finance Manager
  • Randomly get physical inventory items verified with books
  • Monitoring the local Tax compliance and monthly report should be raised to the Regional Finance Manager
  • Provide financial management support to the Finance Manager in areas such as financial analysis, budgeting, forecasting, financial reporting, and compliance.
  • Work closely with other departments to ensure accurate financial information is provided in a timely manner.
  • Develop and implement cost management strategies to optimize financial performance.
  • Assist in risk management activities to mitigate financial risks.
Powered by JazzHR

Pipecare Group

Beware of fraud agents! do not pay money to get a job

MNCJobsGulf.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD1540035
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Sharjah, United Arab Emirates
  • Education
    Not mentioned