Finance Assistant

at  Zahr Freighters

QUALIFICATIONS:

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Accounting Certification: ACCA or CA.
• Experience: Minimum of 2-5 years of experience in a financial assistant or similar role focusing on cash flow management and management accounts.

SKILLS:

• Strong understanding of cash flow management principles and best practices.
• Proficiency in preparing and analysing management accounts.
• Proficiency in financial software and accounting systems. Experience with Zoho Books is a plus.
• Advanced skills in Microsoft Excel.
• Excellent analytical and problem-solving abilities.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to manage multiple tasks and meet deadlines.

• Cash Flow Management: Monitor daily cash positions and forecast short-term and long-term cash requirements. Ensure optimal cash levels are maintained to meet the company’s operational needs.
• Management Accounts: Prepare monthly management accounts, providing detailed insights into financial performance. Assist in preparing financial statements, including profit and loss accounts, balance sheets, and cash flow statements.
• Accounts Receivable & Payable: Oversee and manage accounts receivable and accounts payable processes. Ensure timely collection of receivables and accurate processing of payables to maintain positive cash flow.
• Bank Reconciliation: Perform regular bank reconciliations to ensure all transactions are accurately recorded and discrepancies are resolved promptly.
• Expense Management: Monitor company expenses, ensure proper documentation, and process expense reports. Identify cost-saving opportunities and recommend actions to reduce unnecessary expenditures.
• Compliance: Ensure all financial activities comply with relevant regulations and company policies. Assist in preparing documentation for audits and tax filings.
• Financial Analysis: Conduct financial analysis to evaluate the impact of various business decisions on cash flow.
• Relationship Management: Build and maintain strong relationships with banks, customers, vendors, and other stakeholders to facilitate smooth financial transactions and resolve any issues that may arise.
• Provide general administrative support and assistance as required.