Finance Controller

Job description

Role Purpose

Accountable for the smooth operation of KPMG LG Finance, developing a high performing team culture. Manage/Improve controls and leverage best practices, policies and processes and ensure consistent application across the finance function. Handle the day to day operations in regard to all finance functions (Accounting and Controls, Engagement Management, Reporting, Accounts Payable and Operations). The role will encompass both local and cross-border responsibilities allowing you to work closely with other professionals within the Lower Gulf and KPMG Internationally.

Major responsibilities:

· Responsible for overseeing process and day to day Finance duties across LG.

· Leverage best practice to the Finance team, developing a high performing team culture. Manages teams to ensure that instructions are understood and results are produced accurately and on time. Responsible for team development plans and appraisals for team of approximately 15 people.

· Facilitates the budgeting process for KPMG LG.

· Manages projects for process improvement in collaboration with Finance & ITS.

Accounting & Controls

· Responsible for month end close.

· Responsible for general ledger transactions and TB reconciliations on a monthly basis.

· Closely monitor cash flow and review weekly cash flow forecasts.

· Prepare all files, policies/procedures for Internal and External Audits.

· Review of monthly VAT Returns.

· Oversight of Inter-Firm reconciliations.

· Responsible for review and amendments of finance policies and processes; as needed.

· Analyze internal controls, Implement policies and processes required to increase controls

· Verify Fixed Assets on a quarterly basis developing and maintaining an efficient process.

Engagement Management

· Responsible for month end system close and reconciliations.

· Review Engagement Performance. Act as a business partner providing insight and solutions to improve business performance.

· Responsible for managing and executing the billing and collections process.

· Follow up on outstanding AR and WIP balances with managers and ensure actions are followed through with.

· Regular reviews of processes to ensure compliance with firm polices. Proactively challenging processes and inefficiencies striving for constant improvement.

Reporting

· Responsible for the monthly financial reporting packages for LG including KPIs. Review results and provide variance analysis and constructive commentary for inclusion in monthly packs.

· Review and challenge monthly CRM pipeline & forecasts from the business

· Preparation of ad hoc reports requested by senior management based on information gathered from a number of different sources and put together in a coherent, easily understandable format

· Monthly Global reporting submissions.

Accounts Payable and Operations

· Responsible for managing internal vendor and payment approval process.

· Review and improve process and controls, ensuring compliance with expense management policies.

· Review, analyze and recommend areas for savings in Opex on an ongoing basis.

· Responsible for Guarantees completed by Finance operations team, applications and notice of cancellations

Team management

· Management of Accounting & Operations teams of 15 including fully appraisals and development plans etc.

Extend of work

· Should be able to work autonomously with minimal direction and supervision.

· The role involves direct contact with COO, Service line leaders, and all functions across the business.

Deliverables

· Develop and maintain structure and process for monthly reconciliations.

· Analyze internal controls, documenting and recommending areas for improvement.

· Implement policies and processes required to increase controls.

· Streamline GL reports improving accuracy and efficiency.

· Develop high performing accounting team.

Knowledge / Technical Skills

Knowledge / Technical Skills required (including the level) for the role

• Sound working knowledge of MS Office required; Excel, Word and Outlook.

• System implementation or Finance transformation experience desirable.

• Current IFRS/GAAP knowledge.

Education / Work experience

• Degree in Accounting or Finance. MBA in Finance or Accounting a plus

• Experience in a multicultural / multi-national work place

• Member of a recognized accounting body (CPA, CA, ACCA, etc.)

• 5-7 years of experience in a similar role, preferably in a professional services organization

• 15 years or more of professional experience in progressively higher responsibility roles in related capacity

• Experience in business transformation and large scale IT implementation projects.

Conditions and working environment

• The employee will be expected to perform the essential functions of the job under normal working conditions and standard business working hours

• The employee must have the flexibility to work overtime beyond the normal work hours such as on evenings and weekends if necessary in order to meet deadlines

• Ability and willingness to undertake business travel regionally and globally as required

Auto req ID
145378BR

Contract Type
Permanent

Job Level
Not Specified

Region
EMA

Service Line
Finance & Accounting

Full Time / Part Time
Full Time

Sub Region
MESA

Location.
Dubai