Finance Operations Accountant at Vodafone Qatar

Doha, , Qatar -

Full Time

Start Date

Immediate

Expiry Date

17 Oct, 26

Salary

0.0

Posted On

19 Jul, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

IFRS 16, Lease Accounting, Inventory Accounting, Financial Reporting, Oracle Fusion, Advanced Excel, Financial Controls, Audit Coordination, Revenue Recognition, Vendor Management, Data Analysis, Month-end Closing

Industry

Telecommunications

Description

FRS 16 & Lease accounting / reporting: * Lead Month-end, Quarterly and Year-end closing processes including journal preparation, reconciliations, accounting analyses, various ad-hoc analyses, and month-end reporting schedules for finance & operating leases in accordance with IFRS 16. * Ensure accurate accounting of lease contracts by interpreting terms, managing amendments and terminations in accordance with International Accounting Standards and maintaining ongoing reconciliation with contract modules and fixed asset records. * Drive lease governance forum with internal stakeholders to ensure that all events related to leases are timely recorded in financials and ensuring valid lease liabilities are settled to lease vendors in accordance with delegation of authority.. * Collaborate with cross functional teams to collect and manage accurate lease data and ensure precise calculation of present value of leases, their amortization and unwinding along with the accurate presentation of long- and short-term liabilities. Ensure lease accruals are justifiable with relevant supporting documentation and are monitored for actualisation. Inventory Accounting and Controls: * Maintain accurate records of inventory transactions and perform regular data analysis. Ensure to implement and oversee cycle counts, ensuring physical inventory aligns with records. * Calculate and record obsolescence provisions in accordance with approved policy and provide actionable insights to management for efficient managing of inventory levels. * Lead accurate accounting for device sales on instalments, deferred payment terms, and rental sales, ensuring appropriate discounting, revenue recognition, and correct presentation of billed and unbilled receivables with supporting documentation. * Manage accurate accounting of inventory adjustments for cash backs, rebates and other adjustments and ensure that requirements of International Financial Reporting Standards are complied with. * Maintain and identify improvements in accounting policies for leases and inventory and lead finalization of policy drafts ensuring compliance with relevant accounting standards. * Lead and maintain lease and inventory analysis pack providing detailed actionable insights for movements in balances and income statement. Able to summarize these analysis for review by the management and actively participate in these review meetings. * Ability to independently interpret and analyze complex transactions in accordance with requirements of IFRS and able to develop controls, checkpoints and reconciliations ensuring accurate and justified accounting / reporting. * Collaborate and implement financial controls to prevent errors and fraud. Monitor and adjust financial controls regularly to address emerging risks. * Manage and coordinate with internal and external auditors, providing necessary documentation, explanations and analysis ensuring a clean audit report is issued. * Manage and identify opportunities for optimization and automation in financial operations and participate in projects to improve financial process efficiency and accuracy. * Perform any additional project, task or activities assigned/delegated by the Line Manager.

Responsibilities

Lead the technical accounting and reporting for leases under IFRS 16 and manage inventory accounting and controls. Ensure compliance with international accounting standards through rigorous reconciliations, financial controls, and audit coordination.