Provide analysis and insight to drive better decision making.
Provide support in the preparation of ASSA ABLOY Quarterly Forecast and Annual Final Plan .
Provide support in executing and processing all accounting activities.
Roles And Responsibilities
Management Reporting
Prepare independent and robust financial analysis for the monthly asset management reports, quarterly forecast, and annual Final plan in timely manner to the origination.
Monitor business KPIs, highlighting trends and analyzing causes of change or negative variance to facilitate decision making by senior management.
Provide bench marking and financial analysis, commentaries and presentations for executive's review.
Provide all support to internal and external auditors and promptly clarify all audit queries raised
Assistance and review of yearly asset valuations.
Perform ad-hoc analysis as required.
Financial Operation
Performs general accounting functions, accounting records, and other related duties in the daily administration of the accounting department
Maintains general ledger to include preparation of journal entries, coding of invoices, accounts analysis and reconciliation, closing books monthly
Issue invoices to customers, deposit and record cheques and reconcile it with the ledgers.
Maintain reconciled balance for all the receivable related general ledger with subledger records.
Performs accounts payable and account receivable functions includes Process supplier Invoices with appropriate documentation & approval and Issue payments (Online Wire Transfers & cheques issuances).
Accrue for expenses which not recorded at month-end.
Complete and submit bank reconciliation.
Experience with Bank process and handling Letter of credit procedure ( internal & external )
Performs cost accounting functions
Performs other duties of the same or lesser degree as required by the position or as assigned by supervisor/manager
Budgeting
Prepare Forecast schedules in line with the company’s policies and ensure the soundness and integrity of all budget data.
Ensure the appropriateness and reliability of the key assumptions.
Monitor, implement, maintain and reconcile all budgets and ensure their execution in coordination with the concerned subsidiaries and departments.
Undertake and present budget sensitivity and modeling scenarios to meet requirements.
Oversee and review variance analysis for all balance sheet and income statement line items in relation to the budget to ensure that every aspect of the company and department budget variances are analyzed in detail with supporting evidence and commentary.
Related Years Of Experience
GCC experience a plus Min of: 5+ years of experience of financial accounting and management accounting experience Field Of Experience
Experience of accounting within Manufacturing and production industry
Experience in complex Group-wide accounting and reporting, preferably in a public company
Technical And Interpersonal Skills
Knowledge of and ability to apply international accounting standards and ERP systems
Knowledge of and ability to adhere to internal controls
Good analytical skills
Vigilant and detail oriented
Strong communication skills
Strong time management capabilities
QUALIFICATIONS
Bachelor degree in Accounting or finance-related field required
Professional accounting qualification e.g. CPA, CMA, CA, ACCA, CFA
We are the ASSA ABLOY Group Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 51,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces – physical and virtual – safer, more secure, and easier to access. As an employer, we value results – not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions – supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.
As we welcome new people on board, it’s important to us to have diverse, inclusive teams, and we value different perspectives and experiences.
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