Finance Officer- Erbil – 2300021Y

Job Overview

Job Purpose
To carry out accounting activities of the business including closing of monthly / yearly accounts, preparation of monthly management accounts namely Management Business Review (MBR), overseeing daily transactions (e.g. accounts payable/receivable, general ledger and bank reconciliations) and supervise finance team & monitor daily performance of the accounting department. Reporting directly to the CFO, FO will be required to work closely with dn a t a Travel H Q f i na nce f un ct i on ( UAE) in ensuring br an ch r ep o rt i n g.
· Develops a financial strategy and plan for the station in line with the corporate office
· Develops performance monitoring reports, with an escalation process, follow up on key business decisions and their financial results to ensure management are well aware on the financial situations
· Supervises finance team, monitor daily performance of the accounting department and give guidance when needed. Train new accounting staff. Identify ways to streamline accounting operations and ways to improve the department
· Supervises the activities and work of direct reports by providing formal and informal feedback to ensure that work is carried out efficiently in line with the individual’s targets
· Supervises the day-to-day operations of the department to ensure that work processes are implemented
· Ensures effective communication by reporting the results of the finance review and on obtaining a buy in for the recommended solutions.
· Preparation of monthly management accounts and upload data in to the Group MIS (MBR). This include income statement, balance sheet, cash flow, KPI data and monthly rolling forecast (reforecast would be finalised by CFO)
· Maintain control over the timely capitalisation on FA into the appropriate asset classes and depreciation rates. Manager and ensure FA register is accurate and up to date.
· Manage month end closing in line with Group deadlines after completing pre-closing checks to ensure that the financial numbers are complete and accurate
· As part of month end closing, review balance sheet nominals through a process of validating balances through a variety of checks e.g. using trends, awareness of the business and the accounting entry flow etc. Required to maintain up to date schedules for accruals, prepayments, provisions etc.
· Oversee daily transactions, including accounts payable/receivable and general ledger
· Manage high value payable accounts, perform end-to-end financial accounting functions (i.e. accrual, reconciliation and controls)
· Perform bank reconciliations of all bank accounts on monthly basis and ensure correct cash balance in the ledger
· Ensure cash collections are checked and reconciled with revenue documents on daily basis. Continually review current controls / procedures in place and provide suggestions to CFO for improvements

Qualifications & Experience
Minimum qualifications/ skills/ experience / knowledge

· Master’s degree in finance or Accounting (12+3+2 or equivalent)
· Experience: Finance and Accounts, 7+ years
· Proficient knowledge in Travel Management business accounting, Airlines booking systems, GDS and BSP
· Proficiency in the use of office automation software like Excel, Word, Power point to be able to prepare, analyse and present reports.
· Commercial appreciation and good communication and interpersonal skills to work with various levels of management and external/internal customers.
· Numerate with analytical skills to interpret complex information and reports.
· Advanced accounting and budgeting knowledge
· Advanced Data Collection and Analysis Skills
· Advanced Communication Skills
· Advanced Professional Writing Skills

Salary & Benefits
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