Accounting Manager
13 hours ago
Organization- Andaz Doha
Summary
Duties and responsibilities related to the Accounting Manager role:
- Oversee the full cycle of accounting operations, including Accounts Receivable (A/R), Accounts Payable (A/P), General Ledger (GL), and payroll.
- Manage the month-end and year-end closing processes to ensure timely and accurate completion.
- Prepare and present comprehensive financial statements (Profit & Loss, Balance Sheet, Cash Flow Statement) in compliance with International Financial Reporting Standards (IFRS).
- Ensure all balance sheet accounts are reconciled on a monthly basis and resolve any discrepancies.
- Analyze financial data and provide insightful reports and variance analysis to senior management to support strategic decision-making.
- Act as the primary point of contact for both internal and external auditors, managing the entire audit process and providing all necessary documentation.
- Develop, implement, and maintain robust internal controls to safeguard company assets and ensure the integrity of financial reporting.
- Stay updated on changes in local regulations, accounting standards, and best practices to ensure the company remains compliant.
- Lead the annual budgeting and forecasting process in collaboration with department heads.
- Monitor company expenditures and analyze performance against the budget, reporting on significant variances.
- Manage the company's cash flow and liquidity, preparing regular cash flow forecasts to ensure operational needs are met.
- Oversee credit control and collections to optimize the accounts receivable aging and improve cash flow.
- Lead, mentor, and develop the accounting team, setting clear goals and conducting regular performance reviews.
- Manage the daily workload and responsibilities of the department to ensure efficient and effective operations.
- Foster a culture of continuous improvement by identifying opportunities for process enhancements and system upgrades (e.g., ERP systems).
- Facilitate training and professional development for accounting staff to enhance their skills and knowledge.
Qualifications
- Ideally with a university degree or diploma in Finance or Hospitality/Tourism management
- CA certification would be an advantage
- Minimum 2 years work experience as Assistant Director of Finance or Finance Manager
- Good problem solving, administrative and interpersonal skills are a must
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