Country Finance Manager

14 يونيو، 2023

0 0 3 دقائق

Line of Service

Internal Firm Services

Industry/Sector

Not Applicable

Specialism

IFS – Finance

Management Level

Manager

Job Description & Summary

At PwC, we measure success by our ability to create the value that our clients and our people are looking for. Our reputation lies in building lasting relationships with our clients and a focus on delivering value in all we do.

We’re a network of firms in 152 countries with more than 328,000 people who are committed to delivering world-class capabilities and quality in assurance, tax and advisory services.

Established in the region for over 40 years, PwC Middle East employs over 10,000 people across 12 countries: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, Palestine and the United Arab Emirates. Complementing our depth of industry expertise and breadth of skills is our sound knowledge of local business environments across the Middle East region. Our tailored solutions help our clients meet the challenges and opportunities of doing business in the Middle East market, and beyond.

Internal Firm Services (IFS)

IFS is a network of specialist support professionals, which includes Clients & Markets, Finance, Human Capital, Marketing & Communications, Office Management, Risk & Quality, Technology, to name but a few. Each function plays a vital role in making sure we have all the right resources, services and technology across our business.

The Country Finance lead is a pivotal role responsible for ensuring accurate financial reporting, regulatory compliance, and effective financial management in a designated region.

The Country Finance lead has ownership of the trial balance, oversees local tax reporting, statutory reporting, collaborates with central teams, manages liabilities, bookkeeping and treasury functions, provides LoS support, participates in budgeting, and conducts cash flow projections.

With a focus on accuracy, compliance, and financial insights, the Country Finance lead contributes significantly to driving financial performance and facilitating informed decision-making within the region.

Key Responsibilities

Trial balance ownership; ensuring the accuracy of accounting entries and compliance with accounting principles for statutory financial statement presentation.
Manage local tax reporting, including VAT, WHT, CIT, payroll taxes, and regulatory compliance within set deadlines.
Collaborate and coordinate with central teams, such as financial controls, firm tax, statutory reporting, financial planning & analysis, procurement, and treasury.
Oversee transitory accounts, review fixed asset schedules, and manage liabilities, including payments to vendors and contingent workers.
Coordinate and review payroll activity, ensuring correct allocations, deductions and benefits, and collaborating with regional payroll teams for accurate accounting.
Review and approve expenses payments, identify anomalies, and settle claims before the employee exits.
Engage in business partnering activities, collaborating with stakeholders on spend commitments, entity-based budgeting, and procurement workflows.
Manage bookkeeping and shared service center (SSC) functions, including accounts payable (AP), accounts receivable (AR), vendor onboarding, and communication.
Handle treasury functions, maintain relationships with banks, issue related documents, and manage inter-territory matters.
Provide support to LoS managers in portfolio reviews, work-in-progress (WIP) management, billing, budget rates, net investment analysis, and review of profit and loss (P&L) records.
Support budget preparation for LoS and office budgets, including leadership budgets.
Ensure compliance with legal matters, including annual licenses, registration certificates, and support office management with procurement processes.
Handle tax compliance requirements, provide analysis for inspections, and prepare documentation and proof of payments for tax authorities.
Create cash flow projection reports to determine cash position, manage cash movement between banks, and ensure payment requirements are met.

The Country Finance lead plays a crucial role in driving financial performance, ensuring compliance, and providing valuable financial insights to support effective decision-making within our designated region(s). Including such other duties that may be assigned to you by your manager

Proven experience in finance management roles, preferably within a multinational organization.
Strong knowledge of accounting principles, financial reporting, and regulatory compliance.
Excellent analytical and problem-solving skills with a keen attention to detail.
Advanced proficiency in financial software and MS Excel.
Demonstrated ability to collaborate effectively with cross-functional teams and stakeholders.
Exceptional communication and interpersonal skills, with the ability to present financial information to non-financial stakeholders.
Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
English; Arabic preferred
Bachelor's degree in finance, accounting, or a related field.
Professional certifications (e.g.: CPA, ACCA) are preferred.
At least 5 Years in Financial Management