Director of Finance ( Services, Jordan )

  • Posting Date: 18/07/2016
  • Ref: 2869
  • Position: Director of Finance ( Services, Jordan )
  • Location: Jordan
  • City: Amman
  • Sector: Other
  • Years of Experience 10 plus
  • Qualification: BA. Certification is a big plus
  • Salary: Market
  • Description:
    • Administer the accounting operations across the Group as they are reported by each branch and region. This entails insuring that all transactions are recorded properly and in a timely manner and hence there is proper matching between revenues and expenses. Ensure that issued financial statements are in accordance with IFRS (International Reporting Standards) • Maintain and administer a Global Chart of Accounts – CoA (with some variations due to different regulations in some countries) ensuring no duplicate accounts and that standard classifications (of expenses and BS groupings) within the financial reports is maintained. • Review old and new financial policies and procedures to ensure they are properly implemented and followed through. Administer proper and strict control systems and transaction processing operations to safeguard/protect the Company’s assets in all jurisdictions. This includes but not limited to fixed assets, inventories and accounts receivables (A/R). • Maintain and monitor a systematic approach for vendor payments and credit collections and report on any deviation by any branch. Monitor the cash flow per branch and on consolidated level. • Ensure proper inventory (physical inventory) procedure are conducted and followed periodically and report on variances • Follow up on all gaps and violation observations noted within the periodic internal audit reports. Ensure that proposed solutions are fully implemented and properly followed. • Follow up on regular banking relations and monitor submitted (by branch accountants) bank cash reconciliation with timely reporting on any discrepancies. • Report on expenses (cash and non-cash like depreciation) in a timely manner and derive the cost drivers within each branch, region for the Group. • Follow up on points raised with the management reports by the external auditors upon completing the financial audit to ensure that future audits are better streamlined. • Administration of proper control systems and transaction processing operations as well as policies and procedures with respect to all assets of the company in all countries. This includes but not limited to fixed assets, inventories and accounts receivables (similar to point above).


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