Ref. JB1785892

HEAD OF MANAGEMENT ACCOUNTS
C&F Group Consultant International LTD

OUR CLIENT is a leading SME lender based in the GCC. We are looking for a candidate to suit the role of Head of Accounts. The purpose of this position is to perform daily, weekly and monthly reconciliations and reports.

Main Duties & Responsibilities

1- Central Bank Reporting
• Prepare early alert reports for issues that may cause a violation of central bank limits and rules
• Analyze the reports and advise MIS unit on findings and recommendations
• Perform the following reports:
➢ Capital adequacy reports including table number 11 of tier tow capital details.
➢ Table number 10 and other provision details
• Perform reporting to the ALCO Committee on the following:
➢ Summary of Capital Adequacy reports
➢ Concentration and high value exposures
➢ Summary of Nonperforming assets and provisions
➢ Limit breaches
• Liaise with internal and external auditors for QCB reporting purposes to ensure all information required is made available in a timely manner
• Deliver all reports according to the time frame set by management

2. GL Reconciliations
• Follow up the reconciliation and ensure that no reconciled items are pending without actions
• Review the reconciliation details and is there on a timely manner
• Accuracy and timeliness of all reconciliation
• No pending items outstanding for more than on month

3. MIS Reporting
• Review the calculation of the yield and the rate of return
• Undertake detailed review of management reports
• Prepare the periodic management information reports
required by the Bank’s management to understand the financial performance of the Bank, ensuring accuracy and completion of information
• Undertake detailed review of the profitability reports
• Undertake detailed review of the monthly KPIs reports and present to management
• Periodically compare bank results with market benchmarks
• Prepare quarterly board presentations that reflect banks performance with related advices.
• Review the daily management reports that include position of bank assets, liabilities, shareholders equities and Profit & Loss statement
• Conduct Profit / Cost center analysis and provide relevant information for inclusion in management reports
• Review monthly exception reports
• Provide input to the development of appropriate policies and procedures
• Deliver all reports according to the time-frame set my management
• No complaints received from other department concerning accuracy or timeliness of reports
• Automation of all reports as per the management plan

4. Monitoring and Controlling
• Determine requirements for the budget information system and oversee the implementation
• Review actuals with the budget and check the available fund
• Monitor anomalies and if actuals/budget usage is being exceeded and if so freeze funds
• Investigate case and if warranted allocate in budget and get the required approval
• Prepare amendment to budget
• Early detection of anomaly and timely follow up and investigation of discrepancy
• Awareness of and transparency of budget utilization

5. Budget Preparation
• Lead budget development process through distribution of objectives and information collections templates
• Present draft budget to Financial controller and rework budgets based on his feedback
• Collate, review and finalize budget
• Distribute budgets for implementation
• Prepare and supervise the 5 years strategy plan with high level estimation of profitability
• Assist department heads in their budget queries (preparation of budget estimates, analyzing budget variances, and finalization of budgets)
• Ensure that the bank budget is in compliance with banks strategies
• Review monthly budget variance reports
• Feedback on quality of analysis and accuracy and clarity of budget explanations

Skills

Technical Skills
• In-depth knowledge and application of accounting principles and processes
• Knowledge of QCB rules and regulations
• Demonstrated ability to analyse data and provide justification
• Expert in Microsoft Excel and MS Office
• Fluent in Arabic and English

Results Orientation
• Demonstrated ability to undertake critical analysis
• Ability to juggle multiple tasks and conflicting priorities
• Diligence in following policy and procedure

Leadership Skills
• Demonstrates a vision for the section and the ability to develop and implement plans to achieve it
• Demonstrated ability to engage, lead and motivate a team
• Demonstrated ability to positively influence people and gain their support; seen as being credible
• Willingness to implement and support a performance based culture and make people accountable

Education

CMA; CPA or MBA (Finance) BSc or BA in a financial discipline

Company Profile

C & F Group “consultant” International LTD, is a Management Consulting firm working with its clients on creating tangible and measurable solutions for their various challenges, development and problems. We do not carry ready-made recipes to satisfy the needs of our assignment. We analyze situations and tailor solutions then propose successful implementation vehicles for the purpose of each task.

Our Business Model
We take a unique and creative approach towards working on a business case. We are very much geared towards working from the market itself and convert the result in a rightful business model that can address key parameters and create the right processes to reach strategic targets.
By acquiring the services of the best experts in each and every industry we provide our consulting services, our clients can be assured that the paid-up work delivers not only the expected results but also it will bring on board a much broader expertise that can help them develop strategically their organization or solve a current crisis or even and most important prevent any future downturns.

Our business model is simple:
* Identify requirements; project analysis
* Involve the right resources of consultants
* Present Solutions

To learn more about us, kindly visit our website: www.cfgroupconsultant.com

OUR SERVICES
The structure of offered services is designed to cater for a variety of clients approaching us for different business needs. We offer you a clear menu of services that you may decide to choose from. Whether you are a start-up company or an SME or a large organization or even a group of investors considering anew business venture, we endeavor our best to simplify things for your management in their selection process. Services include:

START UP BUSINESS CONSULTING

BUSINESS CONSULTING

CRISIS MANAGEMENT

MARKET INTELLIGENCE (M.I.)

HUMAN INTELLIGENCE (H.I.)

MARKETING AND SALES CONSULTING

TRAINING AND DEVELOPMENT