Head of Accounting

Job Description:

• Responsible for preparing Financial Statements reports and submitting them in a timely manner.

• Efficiently prepare and consolidate reports for the purpose of Group reporting (e.g ICART, FACTS+, etc.).

• Regular coordination and communication with Group Consolidation team.

• Regularly review JVs and analyze GLs.

• Ensure that Airbus processes and compliance regulations are in place.

• Proactively conduct deviation analysis of financial statements on a monthly basis to support local and HO Finance queries.

• Take a lead role in coordinating the Annual Financial Audit.

• Prepare various statements as requested by auditors.

• Proactively manage audit schedules and different audit requirements by effectively following up with team members and different departments (e.g. Finance Controller, Operations, Procurement & Logistics Manager, etc.).

• Effectively communicate and liaise with auditors to organize their meetings with different departments, such as Controlling, Procurement, HR, and Operations and be responsible for bridging any gaps.

• Support the Tax Manager in finalizing the Annual Income Tax Returns, including identifying revenue, foreign and local purchases, and subcontracting costs.

• Manage banking payments and treasury matters.

• Provide guidance and support to the accounting team, overseeing day-to-day operations, reviewing work for accuracy and completeness, and promoting professional development.

• Be responsible for ensuring timely and accurate monthly, quarterly, and year-end closing by efficiently supervising accounting operations and closely coordinating with the Controlling to book all cost center and project-related expenses and revenues.

• Participate in payroll projects, withholding tax applications, payable and receivable controls, and monitor cash flow.

• Have the ability to manage people and create a team that can deliver the desired results.

• Be supportive in vacation backup and align with the requirements of the time and situation. Support the team by managing ad-hoc requirements assigned by the HO Finance as and when required.

• Effectively understand and implement changes in financial reporting due to changes in organizational structure, and continuously develop and improve accounting and control procedures and policies.

• Support assignments related to tax assessment and support Tax Manager regarding tax authority requirements.

• Monitor cash flow, payables, receivables, affiliated companies, and government utilities.

• Improve accounting/reporting.

• Monitor and verify intercompany balances, clearing strategies, and inter-company reconciliation with the AR accountant.

• Coordinate with Group team members from time to time to address any issues and improve the process and procedures.

• Support the Regional One Roof Finance initiatives.

Qualified experience, Skills, Demonstrated capabilities:

- Minimum of Bachelor degree in accounting.
- CPA, SOCPA is preferable.
- Minimum of 10 years’ experience in accounting with exposure to Local and
Multinational cultural environment
- Knowledge of finance, accounting, internal control, compliance, IFRS, Local Taxation and local commercial laws.
- Ability to analyze financial data and prepare financial reports, statements and
projections
- Ability to produce quality materials within tight timeframes and simultaneously manage several projects
- Excel and mastering is a must, SAP
- Leadership skills.
- Ability to quickly analyze and interpret data
- Flexible, adaptable, enthusiastic, motivated and self-confident
- Excellent communication skills, with experience in the local and multinational cultural environment.
- Fluent written and spoken English& Arabic.

This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company’s success, reputation and sustainable growth.

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