TalentCo HR Services LLP
Division Finance Head Apply Now
Job Title Division Finance Head
Job Description
  • MIS & Reporting
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. 

  • Policies, Systems, Processes & Procedures
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

  • Working Capital Management
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.

  • Internal Audit compliance
Review of past Internal Audit Reports and report the progress made on areas highlighted for improvements by Audit.

  • Tax & legal Management
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

  • Budgets & Plan
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
Email recruitment@talentcohr.com
Contact No 7738249852