Accounting & Financial Operations
- Oversee the company's accounting operations, ensuring accurate and timely recording of all financial transactions.
- Supervise general ledger, accounts payable, accounts receivable, fixed assets, and intercompany transactions.
- Ensure proper accounting treatment and classification of financial transactions.
- Oversee monthly, quarterly, and annual financial closing processes.
- Ensure the accuracy and completeness of accounting records and supporting documentation.
- Establish and maintain standardized accounting policies and procedures.
- Ensure effective coordination between accounting teams and other business functions.
Financial Reporting
- Oversee the preparation and presentation of accurate financial statements and management reports.
- Ensure compliance with applicable International Financial Reporting Standards (IFRS) and local accounting requirements.
- Review financial statements and ensure the accuracy of reported financial results.
- Provide financial analysis and insights to senior management regarding the company's financial performance.
- Ensure timely submission of financial reports to executive management and relevant stakeholders.
- Monitor financial reporting processes and continuously improve reporting accuracy and efficiency.
Financial Control & Governance
- Establish, implement, and monitor effective internal financial control systems.
- Ensure compliance with approved financial policies, procedures, and delegation of authority.
- Monitor financial transactions to ensure adherence to company approval procedures.
- Ensure proper segregation of duties and accountability across finance operations.
- Identify financial control weaknesses and implement corrective actions.
- Monitor financial risks and ensure appropriate mitigation measures are implemented.
- Oversee internal and external audit activities and ensure timely resolution of audit observations.
Project Accounting & Financial Monitoring
- Oversee accounting activities related to real estate development projects.
- Ensure accurate recording and allocation of project costs and expenditures.
- Monitor project financial transactions against approved budgets and contractual commitments.
- Ensure proper accounting treatment of construction costs, project expenses, and development-related transactions.
- Coordinate with Projects, Procurement, Commercial, and other departments to ensure accurate financial records.
- Monitor project cost reporting and highlight discrepancies or irregularities.
- Ensure accurate revenue and cost recognition in accordance with applicable accounting standards.
Accounts Payable & Receivable Management
- Oversee accounts payable and receivable operations, ensuring accurate processing and reconciliation.
- Ensure timely verification and recording of supplier invoices and customer transactions.
- Monitor outstanding balances and ensure proper follow-up on receivables.
- Ensure accurate reconciliation of customer and supplier accounts.
- Establish effective controls over payment documentation and financial transactions.
- Ensure proper handling of advances, settlements, and outstanding balances.
Audit & Compliance
- Manage relationships with external auditors and coordinate annual audit requirements.
- Ensure timely preparation of audit schedules, supporting documents, and financial records.
- Monitor the implementation of audit recommendations and corrective actions.
- Ensure compliance with applicable accounting regulations and statutory financial reporting requirements.
- Maintain proper documentation and audit trails for all financial transactions.
Team Leadership & Stakeholder Management
- Lead, manage, and develop the finance and accounting teams.
- Establish departmental objectives, KPIs, and performance expectations.
- Ensure clear role allocation, accountability, and operational efficiency across the department.
- Collaborate with HR, Legal, Procurement, Projects, Commercial, and other business functions.
- Provide financial guidance to department heads regarding accounting procedures and financial controls.
- Drive continuous improvement and standardization of finance operations.
