Job Title | Division Finance Head |
Job Description |
Preparation, Review and submission of periodically financial reports – P/L, Balance sheet along with necessary Annexures and commentary. Highlighting major variance (i.e.>5%) between Actuals vs. previous year / Budget of Profit & Loss and Balance Sheet items to be prepared and submitted to respective HoD & HO/Cluster-Finance. Review General / Sub-ledger before closing books.
Review and report the exceptional items like Legal & corporate non-compliance, slow & non-moving inventory, abnormal expiry, damaged & stock differences/shortages, thefts, cash shortages, Recoverable Ageing, Receivable Ageing, etc. to Cluster Finance & HO-Finance. Ensure proper accounting & maintenance of General / sub Ledger
Managing effective utilization of working capital deployed in the Division Facilitate external borrowings for the JV company’s Reconciliation of Customer account, Vendor Account, Principal’s Recoverable account, Bank account periodically and highlight any exceptions.
Review of past Internal Audit Reports and report the progress made on areas highlighted for improvements by Audit.
Prepares tax returns as per law within timelines & coordinates with Auditors for annual financial closing Review of commercial/legal documents eg. Agency Agreements, Contracts, Sub-contracts, Rental contracts etc. and liaise with HO/Cluster-Finance & HO Legal. VAT & other tax compliances as per law Coordinate for secretarial requirements related to JV’s
Prepare and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, and areas of unsatisfactory performance are identified, rectified promptly and potential performance improvement opportunities are capitalized upon |
No of Positions | 1 |
Location | Oman |
Required Experience | 6- 10 years |
Education | Graduate/ Post Graduate/ MBA |
Position On Date | 15-Apr-2024 |
Salary | 44 LPA |
Preferred Candidate | SAP experience is mandatory |
recruitment@talentcohr.com | |
Contact No | 7738249852 |