Sunday, 29 November 2015

Finance and Accounts Manager for Geekay Games in Dubai

Any Nationality

The job holder will be responsible for Financial Accounting, Budgeting and MIS, Logistics operations, instituting, directing and controlling the financial policies and activities of the Group.

Financial Accounting & Control
• Develop and maintain systems for prompt and accurate collection of financial and accounting information 
• Prepare monthly and quarterly financial statement in compliance with the statutory/regulatory norms 
• Ensure all Revenue and expenses are properly accounted for
• Analyze discrepancies and resolve queries pertaining to the reports prepared
• Manage payables and receivables for all the concepts


• Supervise Insurance transactions – Policy formation / renewal / addition / rate negotiation
• Supervise Banking transactions – Daily fund management / utilization of funds / liasoning with banks / analyzing banking facilities and Repayment of TR in time/Remittances to Bank.
• Set up controls and procedures for debtors invoices and for monthly cash certificates
• Monitor the staff cost against sales
• Conduct mark down management by detailed analysis of margins and gross profit and advice on margin setting for fresh stock and discounted sales
Financial Planning and Analysis
• Prepare and maintain regular financial planning reports, Monthly profit and loss forecast by division (vs. Budget).
• Complete analysis of financial results, Develop recommendations (strategic and tactical).
• Develop and execute analysis of various business initiatives 
• Develop and maintain capital budget.
• Assist in development of financial planning and analysis exercises/reports.
• Represent the company to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.


• Assists with compiling and developing budgets.
• Consults with appropriate personnel regarding budget needs and prepares necessary budget transfers and revisions;
Budgeting & MIS
• Finalize the operational, seasonal, buying budgets with the various management teams
• Draw management analysis of the quarterly data to identify variance from trends and budgets
• Monitors expenditures and income related to budgets to assure availability of funds. Develop financial business plans and forecasts.
• Provide exceptions and various Analysis Reports on MIS
• Assist in budget preparation/financial projections, including cash flow statements 
• Study new projects – focusing on Break even points / sales break even; main cash flows and P/L accounts 
• Generate monthly MIS and interpret data to suggest ways of cost optimization and store and distribution performance improvement 
• Monitor the income and expenses versus budget, track the variances, recommend corrective actions and follow-up on remedial actions to ensure the adherence to the budget and to support the effective monitoring of performance within the budget


• Initiate and develop reporting and tracking systems
• Train and educate the team members about errors / new system developments 
• Evaluate performance of stores and distributions across group and recommend corrective actions
Accounting and Administration
• Oversee the accounting department to ensure proper maintenance of all accounting systems and function; supervise company nonprofit’s finance staff.
• Ensure maintenance of appropriate internal controls and financial procedures.
• Ensure timeliness, accuracy, and usefulness of financial and management, oversee the preparation and communication of monthly and annual financial statements.
• Control all General Ledger related postings.
• Control all General Ledger reconciliations – Balance Sheet Accounts.
• Control Petty Cash Expenditure and postings.
• Control Local Payroll input, payout and postings.
• Control the Bank reconciliation 
• Control Fixed Asset Register and Monthly depreciation.


Logistics

• Drive efficiencies and effectiveness in the entire end to end supply chain process for the Group
• Help the corporate team in managing and overseeing inbound and outbound logistics activity 
• Support the distribution, pull outs and stock consolidation 
• Coordinate with warehouse for receiving, warehousing and delivery of product in a manner consistent with service and cost objectives
• Help the team in preparing the routing and shipping plans, agreements with third party service providers and manage the delivery schedules
• Optimize movement of inventory so that there is neither shortage nor surplus at any point
• Coordinate with the product team on supply chain efficiency and effectiveness optimization initiatives
• Monitor freight forwarding by logistics partners
• Conduct periodical stock takes and analyze variances from the report
• Ensure efficiencies and replenishment of stocks between Distribution and stores


Bank Facilities
• Ensure optimum allocation and utilization of allocated working capital for various requirements.
• Analyze Working Capital requirement viz. Receivables, Inventory and Trade Creditors and coordinate with Banks to arrange the required finances
• Liaise with major trading banks and other financial institutions to source the forecasts and predictions on future exchange and interest rate movement
• Ensure timely submission of reports required by the bank.


6+ years experience

Send CV to hr@geekaygames.com

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