Finance Assistant

On behalf of our client, one of the leading and fastest growing aircraft leasing companies in the Middle East Region, we are looking to recruit 

Finance Assistant

Key Responsibilities

• Ensure that the companies’ financial records are accurate, updated, and relevant financial information is reported to the management on a timely basis.

• To manage accounts payable and receivable cycles of the companies (including preparing payment instructions, obtaining relevant approvals, coordinating with banks for timely payments processing, maintaining swift confirmations, maintaining payments and receipts schedules along with supporting documents and performing regular follow-ups with relevant parties to ensure payments are made and funds are received on a timely basis.

• Prepare and maintain cash movement schedules and bank reconciliations of bank accounts of the companies.

• Assisting in bank accounts opening, maintaining, and closing processes and monitoring banking activities of the companies.

• Assisting the line manager in quarterly and annual reporting processes of the companies (including preparing and reviewing the financial statements, dividend notices, Investor statements, cash flow reports etc.).

• Assisting the line manager during internal and external audits of the companies.

• Monitor excess funds of the companies, advise best available options to invest the excess funds, execute on agreed option (including but not limited to Wakala placements, rollovers etc.) and maintain proper records.

• Assist the line manager in annual budget exercise, monitor and report regularly actual trends against the budget.

• Assist the line manager in Fund Administration tasks (including but not limited to coordination with Fund Administrators to ensure all investors documents are up to date, maintaining investors original documents, addressing investors requests etc.)

• Work with other functions within the companies and external to the companies and maintain proper documentation such that all transactions pass independent audits. Assist in performing all tasks necessary to achieve the organization’s mission.

Requested Qualifications:

• CA (final level student) / CPA (final level student) / bachelor in accounting and finance

• Previous experience in finance department or audit firm (2+ years)

• Strong communication skills