Country Finance Manager at Keyston Distribution
Dubai, دبي, United Arab Emirates -
Full Time


Start Date

Immediate

Expiry Date

20 Aug, 25

Salary

0.0

Posted On

20 May, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Financial Services

Description

About the Role
The Country Finance Manager for the distribution industry in Baghdad - Iraq plays a pivotal role in overseeing the financial health and strategic direction of our operations in the region. This position requires a deep understanding of financial management principles, as well as extensive experience within the distribution sector.
Your responsibilities
-

Overall responsibility for Iraq Finance function covering financial accounting, Accounts payable, credit, Accounts receivables, bank reconciliation, monthly financial book closing and MIS.

  • Monitoring Credit limits for customers and ensuring prompt collection of receivables and pro-actively highlighting issues if any, to business heads. Active participation in the setting up of credit limits working in close conjunction with the BU Heads.
  • Review, analyze and interpret monthly financial results to be translated into business decisions.
  • Monthly business performance MIS - Budget Vs Actual and other business KPIs
  • Participate along with stakeholders in finalizing country level commercial contracts (e.g Local services contracts, etc.).
  • Ensuring Purchase Orders raised by the buying team are in line with budgets and at approved rates.
  • Maintaining Inventory control systems at warehouses through adequate reconciliation and physical verification process.
  • Compliance with local commercial and tax law requirements. Manage Tax filing and compliance to local laws and regulations specific to the market.
  • Timely updating of transactions in ERP and ensuring reliability of monthly financial reporting.
  • Banking operations, monitoring cash flow and speedy remittance of funds to HQ on a regular basis.
  • Achieving performance KPIs i.e Timeliness and accuracy of MIS, speedy turnaround of approvals (e.g. Purchase Orders), Timeliness of Vendor Payments, Receivables control among others.
  • Support and Guidance to finance Team.

Who we are looking for
-

Native Arabic speaker.

  • Degree in accounting, preferably CPA/ACCA from a recognized University.
  • 5-10 years of experience in leading the finance function.
  • Previous experience preferably with an IT distribution company in Iraq.
  • Strong understanding of local taxation laws and regulations in Iraq.
  • Strong quantitative and analytical skills with working knowledge of Banks, Authorities (e.g. customs, Trade licensing).
  • Cost- and success-oriented thinking
  • Very good organizational skills and project management experience
  • Communication and leadership skills
  • Very good at problem solving and trouble shooting.
  • Ability to cope in a busy and challenging environment and work to fast deadlines.

Resourceful,innovativethinker

Responsibilities

Please refer the Job description for details

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