Sr. Financial Reporting Analyst for Qatar.
Vinirma Consulting Private Limited
Qatar, INDIA
6d ago

VINIRMA Consulting Pvt. Ltd. is a 360Â Human Resource Management Consulting and Staffing Services Organization with operations in UAE, Qatar, Bahrain, Australia, USA, Singapore & India.

VINIRMA Consulting is currently looking for Sr. Financial Reporting Analyst for one of its clients which is a leading Organization in Qatar with the following terms and conditions.

ROLE PURPOSE :

  • To independently undertake all Accounting and reporting activities; develop and deliver annual budgets and five-year business plans;
  • develop and deploy MI systems and processes for Activity Based Costing and Asset Class reporting; lead the development of and annual maintenance of a Manual of Accounting.

    Coordinate with Financial Planning & Reporting Manager to insure that the appropriate financial and accounting processes are in place for accurate and timely documentation and reporting.

    KNOWLEDGE & EXPERIENCE :

    10 14 years of accounting experience within in management accounting based work environment.

    Professional Accounting Qualifications such as ACCA, ACA, CIMA or CPA.

    Preference will be given to candidates able to demonstrate experience of the insurance industry and accounting

    systems (Oracle would be advantageous).

    SKILLS & COMPETENCIES :

    Time Management

    Information Gathering

    Attention to Detail

    Proficient in MS Office such as MS Excel

    Research skills

    Excellent communication and interpersonal skills

    KEY ACCOUNTABILITIES :

    Description

    Budgeting and Business Planning :

    Develop Budgeting and Five-year Business Planning guidelines, timetables and assumptions.

    Develop and deliver workshops to communicate budgeting and planning processes, guidelines and requirements. Provide Ad-hoc handholding support to all departments, as required.

    Lead on operating and maintaining Capital Modelling software capability.

    Consolidate budgets and business plans; develop risks and opportunities for all departments and hold challenge and review meetings.

    Develop budget and business plan commentaries and bridges to document reasons for variances from prior year budget and business plan, as well as actual results Latest View Forecasts.

    Work with the CFO to obtain CEO approval.

    Ensure budget holder sign-off, post Board approval.

    Communicate Budget and Business Plan to Group Parent and address any queries.

    Internal & External Audit

    Coordinate with internal and external auditors providing close cooperation and assistance to ensure that the integrity of the organisation's accounting practices meet standards and guidelines set out in the Manual of Accounting.

    Monitor along with the internal audit team all internal controls to ensure the company's assets are safeguarded, financial risks are minimized, and all statutory requirements are met.

    Manual of Accounting :

    Lead in developing a Manual of Accounting covering accounting standards, policies and procedures, governance and controls in order to ensure compliance with best practice and adherence to international accounting and reporting standards.

    Maintain an up to date Manual of Accounting; conduct periodic reviews relating to compliance with accounting standards and controls in order to improve governance.

    Key Performance Indicators and Executive Commentary Reports

    Prepare financial accounts, detailed budgets and financial plans on a composite and unitary basis for approval and distribute to all departments throughout the organisation

    Ensure preparation monthly management financial reporting package and executive summary reports while ensuring key issues are brought to the attention of the management.

    Continuous Improvement :

    Contribute to the identification of opportunities for continuous improvement of accounting reporting systems, processes and practices taking into account 'international best practice', improvement of business processes, cost reduction and productivity improvement.

    Work within the finance team to provide support where required, provide training and mentor Al-Koot employees and promote knowledge sharing.

    Key Performance Indicators :

    Budgeting and Business Planning Guidelines approved by the CEO.

    Annual Budgeting and Business Planning Workshops.

    Accuracy of Budgets and Business Plans.

    Timely completion of Budgets and Business Plans.

    Detailed documentation of Risks and Opportunities.

    Detailed commentaries with bridges for significant variances.

    Timely Board Approval

    Up to date Manual of Accounting.

    Compliance with the Manual of Accounting.

    Complete and accurate MI reports.

    Timeliness & accuracy of data.

    Number of audit observations

    Complete and up to date Manual of Accounting.

    Number of audit observations.

    Non-compliance incidents.

    All statutory, regulatory and internal financial and accounting reporting requirements met

    Progress reviews identify variances and recommendations for corrective action are adopted

    Accuracy and relevance of report content.

    Timely submission of reports.

    Feedback of related parties.

    Number and quality of improvements are line with corporate expectations and implemented.

    FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY :

    Jobholder is expected to operate with very low supervision.

    Data collection, information processing and detailed analysis are fundamental activities of this role.

    The jobholder is expected to support the Financial Controller in the financial and accounting decision making process.

    Always review Compliance requirements and be Compliant to QCB and other regulations

    Terms and conditions

    Joining time frame : 2 weeks (maximum 1 month)

    The selected candidates shall be a direct employee of one of the leading Organizations in Qatar.

    Should you be interested in this opportunity, please send your latest resume in MS Word format at the earliest at HIDDEN TEXT

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