JOB PURPOSE:
Finance/Accounting department is mainly responsible in preparation, submission
and control of accurate financial data for reporting purposes. It provides key
support for all the operating units in all financial requirements: (i)
Accounting (ii) Financial Control (iii) Treasury and (iv) Controllership.
The purpose of this position is to assist the Executive Director Finance and
Finance Manager, to provide accurate and data-based insights on NMES 's
financial health by reviewing business performance and monitoring the value of
long-term contracts, in order to identify value adding opportunities to
improve efficiencies and profitability of each project.
Key Accountabilities
Functional Responsibilities
* To carry out day-to-day financial accounting services such as compilation, consolidation, and analysis of financial data to ensure compliance with internal regulations and external standards, whilst ensuring payments are correct, properly accounted for and processed within the defined timelines
* Verify and follow up on daily received invoices and cheque requests by matching them with the purchase orders, and payment terms and agreements to ensure accurate verification and timely and accurate payment of invoices.
* Receive and verify expense reports, allocate them to the correct accounts, projects and process the payments to ensure timely payments to employees
* Monitor all vendor calls and liaise with suppliers, vendors, banks etc., to resolve any issues and cases with respect to accounts payable transactions to ensure timely resolution of issues
* Closing of all SAP Modules (Inventory, Accounts Receivable, Accounts Payable and General Ledger by the last day of each month.
* Coordinate with Business process outsourcing team.
* Provide other reports/invoice as necessary during the conduct of company's business.
* Liaise with line manager and other departments for any queries, clarifications, pending approvals, and matters related to processing of invoices, in order to ensure timely resolution.
* Liaise with Banks as per the business requirements.
Financial Analysis
* Conduct and execute closing activities, on a monthly basis in line with accounting policies and procedures to ensure transactions are recorded accurately and reflect the financial standing.
* Prepare and review the reconciliation of all relevant ledger accounts and verify the validity of account discrepancies in order to ensure all adjustment entries posted in the cost centre system have been passed correctly
* Provide Monthly Unaudited Financial Reports (Income Statement, Balance Sheet & Cash Statement with Variance Analysis between Actual and Budget) and send to auditors for quarterly and year end audits.
* Assist in the completion of audits by providing all the required information to the auditors, providing justifications related to any discrepancies and making relevant changes based on their suggestions, to ensure timely completion and implementation of audit results.
Strategic Finance Initiatives
* Undertake the analysis for various strategic finance initiatives and follow through on their implementation to ensure the objectives are achieved.
* Support other teams (Corporate Finance) as required and help respond to bank requests for information and data in relation to approving corporate finance facilities for NOMAC and/or its project companies.
Self-Development
* Keep up-to-date with market developments in order to develop an understanding of various finance products and features.
* Seek knowledge transfer from more experienced team members by closely shadowing them to gain technical experience in financing.
Policies, Processes, Systems & Procedures
* Adhere to all relevant organizational and departmental policies, processes, standard operating procedures, and instructions so that work is carried out to the required standard and in a consistent manner.
Continuous Improvement
* Contribute to the identification and implementation of change initiatives, programmes and projects in line with the organization's standards.
Health, Safety, Security and Environment
* Adhere to all relevant health, safety, security and environmental procedures, instructions and controls so that the safety of employees and environmental compliance can be guaranteed.
Minimum Qualifications:
Bachelor's degree in accounting, Finance or any related field
Minimum Experience:
3 - 5 years of experience
Skills:
* Strong business and financial analysis skills
* Strong technical knowledge
* Sector knowledge of infrastructure/energy/renewables
* Basic understanding of the business value chain
* Good communication skills
* Strong understanding of the basics of capital and financial markets
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