Business Analyst

📢📢📢Looking to hire qualified Chartered Accountants to join us. This is an immediate requirement. Candidates in UAE and immediately available preferred.

KEY RESPONSIBILITIES

• Complete with accuracy – monthly, quarterly and yearly financial reports within the set deadline.
• Prepare P & L and Balance Sheet schedules, wherever applicable
• Reconcile Inventory, Supplier and Customer accounts and ensure that adjustment entries, if any are passed with proper approvals.
• Fixed Asset accounting and maintenance of asset schedules.
• Oversee company’s operational and revenue generating inventory.
• Ensure timely compilation of information required for the business unit’s MIS reports, including highlighting any variations to the budget and latest forecasts so that corrective action may be initiated by the management.
• Analyze the financial performance versus prior year.
• Liaise with the Commercial teams to prepare costings and feasibility models to analyze business opportunities.
• Work with the business head to prepare annual budget and forecast projections of the unit.
• Ensure compliance with latest accounting standards (IFRS), Group Finance Policy and Procedure Manual.
• Compute key performance indicators (KPIs) for the business, financial metrics, such as free cash flow, working capital, net debt, leverage and turnover metrics, ratios, analyze asset utilization and key costs drivers impacting the EBITDA and Net Profit.
• Ensure that all payments are prepared after checking the authenticity and adequacy of supporting documents and approvals.
• Ensure adherence to DOA, financial limits as per company policy.
• Ensure that all Invoices are booked with proper approvals, supporting documents such as POs, GRNs, etc. and supplier advances are adjusted before making final payments.
• Review Bank Reconciliations and Petty Cash Reconciliations.
• Monitor the Accounts Receivable position of the business unit and ensure that all receipts are promptly accounted.
• Ensure that documentation and files necessary for external and internal audits are maintained in a proper manner and provide necessary information for the timely completion of audits.
• Where applicable, compile the data submitted in preparation of tax reports, in consultation with Company’s Tax Auditors and company’s corporate tax department, handle payment, reporting and/or other tax requirements.
• Apart from the duties and responsibilities listed above, any other additional duties as advised by the management from time to time