Finance Manager

Wahat Al-Shafalahia

Doha, Qatar

 

 

QUALIFICATION & EXPERIENCE:

 

KEY JOB ACCOUNTABILITIES :

• Oversee the financial operations of the agriculture, Landscaping and Flower business.
• Ensure compliance with local and international regulatory requirements, including tax and financial reporting obligations.
• Oversee the accounts’ receivable function, ensuring timely and accurate billing, collections, and cash application.
• Manage the accounts’ payable function, ensuring timely and accurate processing of vendor invoices and payments.
• Implement credit policies and procedures to minimize bad debt and improve cash flow.
• Ensure the accuracy and completeness of general ledger accounts.
• Oversee the monthly, quarterly, and annual close processes, ensuring timely and accurate financial reporting.
• Maintain and update the chart of accounts as needed.
• Oversee accounting for property, plant, and equipment (PPE) and investment properties.
• Ensure proper capitalization, depreciation, and impairment of assets.
• Maintain accurate records of asset acquisitions, disposals, and transfers.
• Conduct regular asset valuations and ensure compliance with relevant accounting standards.

      Financial Reporting:

• Manage the preparation of financial statements and reports.
• Prepare and present accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
• Ensure compliance with accounting standards and regulatory requirements.
• Coordinate the preparation and review of monthly, quarterly, and annual reports.
• Ensure the integrity and accuracy of financial statements and management reports.
• Coordinate with external auditors and manage the audit process.

Budgeting and Forecasting:

• Lead the annual budgeting process, working with department heads to develop budgets.
• Prepare and update financial forecasts on a regular basis.
• Monitor budget performance and analyze variances.

Financial Analysis:

• Conduct detailed financial analysis to support business decision-making.
• Provide financial insights and recommendations to senior management.
• Analyze financial performance against key performance indicators.

       Team Leadership and Development:

• Manage, mentor, and develop the finance team.
• Promote a culture of continuous improvement and professional development.
• Ensure effective communication and collaboration within the finance team and with other departments.

 Internal Controls and Compliance:

• Develop and implement robust internal control systems to ensure the accuracy and integrity of financial data and to safeguard company assets.
• Ensure compliance with financial regulations and internal policies.
• Coordinate internal and external audits and implement audit recommendations.

  Cost Management:

• Identify cost-saving opportunities and drive cost reduction initiatives.
• Monitor and control operating expenses.
• Conduct financial analysis to support operational efficiency.

  Strategic Financial Planning:

• Support the development and execution of the company’s financial strategy.
• Participate in strategic planning meetings and provide financial insights.
• Analyze investment opportunities and assess financial risks and returns.

   Systems and Process Improvement:

• Implement and maintain financial systems and tools to enhance financial reporting and analysis capabilities.
• Identify opportunities for process improvements and efficiencies within the finance function.
• Lead or participate in financial system upgrades and implementations.