About this role
- Develop and maintain financial record keeping and reporting systems.
- Accountable for day-to-day operations of the Finance Department.
- Responsible for coordination in preparation of budgets for the Facility, budgetary controls and variance analysis by individual departments and organization as a whole.
- Responsible for General Ledger analysis and review of expenses, maintenance and updating of General Ledger including review of journal entries passed by functional staff handling various responsibilities in the department.
- Supervise billing, receivables, payables, cash receipts, cash disbursements, and general ledger functions.
- Ensure monthly accrual entries have been holding adequate amounts of provision in relation to provisions for EOSB, Leave Salary, Airfare, Water & Electricity, Telephones, Service Contracts and other outstanding liabilities. Also monitor and ensure pension payments for the UAE nationals on a monthly basis.
- Supervise monthly invoices to the clients with the accounts receivable executive.
- Responsible for formation and implementation of cost control measures and procedures in coordination with the VP – Operations (CS). Formation of new reports to enable control procedures.
- Responsible for monitoring consumption through individual revenue generating doctors and budgetary check and report excess/performance to the VP – Operations (CS) from time to time.
- Supervise Reports for review of performance of individual doctors / departments on a timely basis.
- Monitor and follow-up on receivables that have been outstanding for unusually long periods of time.
- Produce monthly financial statements including balance sheet, profit/loss statements, and accumulative general ledger using a computer-based accounting system.
- Contribute and coordinate in project costing/appraisals for future projects.
- Review reconciliations to ensure that they are prepared properly and follow-up on any unusual items.
- Monitor cash flow and investments on a monthly basis.
- Responsible for preparation of monthly and periodical management accounts.
- Oversee in conjunction with independent auditor, preparation of annual audit.
- Reconcile bank and investment accounts and prepares related journal entries.
- Exercise good judgment and maintain confidentiality in maintaining confidential information, records and reports.
Effectively and consistently communicates to administrative personnel and encourage interactive departmental meetings and discussions.
CA / ICWA / MBA in Finance
Minimum 10 years of experience in similar organization with at least 3 years in managerial position