Manager ATR

At IFFCO Group we are fully dedicated to our core value of People We are devoted to fostering ouremployees growth providing them with limitless opportunities for personal and career advancement Ourenticing benefits and inclusive work environment have garnered recognition as a certified Great Place to Work in the UAE and Saudi Arabia Empowerment Through Diversity Crafting Your Journey at IFFCO Group Within IFFCO Group every role be it an internship a graduate opportunity or a job opening offers you the autonomy to shape your professional trajectory You ll encounter abundant prospects for personal and professional flourishing when collaborating with visionary brands and individuals driving our vision and business expansion We believe that an entrepreneurial mindset drives success and our dedicated workforce is the heartbeat of our achievements Job Summary To lead the Account to Report tower within the Finance Shared Service Centre for IFFCO Group To own overall accountability for various Account to Report processes including financial accounting balance sheet reconciliations intercompany reconciliation etc for all Business Units within IFFCO Roles Responsibilities Achieve all established SLAs and efficiency targets through automation standardization and improvements in existing processes Operational Act as the interface between senior management and SSC for all information pertaining to Account to Report Coordinate with functional teams and understand the various reporting requirement Coordinate with ERP team to enable ERP system to be able to provide the required reporting Analyse and signoff all management reports and audited financial statements reports for the SSC Receive and discuss adhoc reporting requests and provide the needful Consider additional periodic reports to replace adhoc requests Ensure timely and accurate closure of financial statements pertaining to SSC and ensure adherence to allthe regulations and policies setup by corporate Finance during the statement preparation process Support the Head Finance SSC in ensuring financial control systems and procedures for analysis of complex accountancy finance issues and thus ensure efficient financial accounting and planning Supervise and oversee timely and accurate completion of balance sheet reconciliation process Supervise and oversee timely and accurate posting of all general ledger entries for various business units serviced by Finance SSC Create and monitor a system of controls procedures and forms for the recordation of fixed assets Conduct expense analysis of all general ledger classes and provide necessary inputs to management for correction Recommend any updates to accounting policies related to fixed assets to the management Oversee recording of fixed asset acquisitions and dispositions in the accounting system Track the compilation of project costs into fixed asset accounts and close out those accounts once therelated projects have been completed Ensure accurate reconciliation of balances in the fixed asset subsidiary ledger to the summarylevelaccount in the general ledger Review and update the detailed schedule of fixed assets and accumulated depreciation Investigate the potential obsolescence of fixed assets and conduct periodic impairment reviews forintangible assets Conduct analyses related to fixed assets as requested by management regarding writeoffs or initiateefficiency improvement exercises Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries Represent the company during any audits by government external auditors that involve fixed assets Track company expenditures for fixed assets in comparison to the capital budget and managementauthorizations Oversee processing of all intercompany non trade reconciliation entries Frequently sample entries in general ledger and balance sheets prepared for spot checks Provide query resolution support to the Business Units in case of escalations and complaints Develop and maintain General Accounting KPI s to manage efficiency and effectiveness of key accounting processes balances Initiate reviews with appropriate stakeholders establishing improvement actions and monitoring thereon People Allocate work to subordinates nominate for training as per guidelines conduct performance reviews and manage leave and overtime to ensure efficiency Participate in the identification of training and development initiatives for all subordinates Drive the engagement and satisfaction of the team through holding periodic meetings to discuss the achievements and address any employee issues and or concerns Build an effective efficient and motivated team KPIs Adherence to timelines for balance sheet preparation Accuracy and timeliness for general ledger entries Accuracy and timeliness for fixed asset accounting Accuracy and timeliness of all mandatory financial reporting Work experience requirement 7 years of experience in Finance Shared Services with 45 years of experience in leading Record toReport Account to Report functions in a Finance Shared Service Centre Qualification Chartered Accountant MBA Finance preferable Enriching Lives Since IFFCO Group s Legacy Since its establishment in IFFCO Group has thrived into a multinational conglomerate headquartered in the United Arab Emirates Our influential FMCG brands and diverse portfolio of industry solutions and services enrich the lives of countless consumers and customers across the globe In IFFCO Group proudly carriesthe distinction of being certified as a Great Place to Work in both the UAE and Saudi Arabia