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FINANCE MANAGER PAKISTAN

Company:
ADM
Location:
Dubai, United Arab Emirates
Posted:
April 24, 2024
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Description:

Requisition Number

84375BR

Function

Finance, Accounting, Audit

Job Description

Your Responsibilities

Timely and high quality preparation of the monthly financial close information of our Pakistani Joint Venture, in accordance with US GAAP; includes understanding and reviewing all necessary journal entries, analyzing cost and P&L variances and reviewing key metrics

Perform monthly traders estimate vs actual reconciliation

Prepare monthly management reporting

Recording of incoming and outgoing invoices and bank transactions

Daily reconciliation of Pakistan JV bank accounts

Manage accounts receivables and payables. This includes reviewing all reconciliations, allocations of incoming payments, follow up on outstanding debtors, manage credit limit, overdue accounts as well as ensuring that all invoices are posted to INPOSIA

Supporting the Credit and Collection team in Hamburg, Germany, providing necessary info about our customers credit risk

Recording of accruals on goods received not invoiced as well as on services received not invoiced including a weekly reconciliation of these

Reconciling of inventory balances against warehouse confirmations

Issuing additional VAT invoice on all USD collections

Monitoring and maintaining the FX position

Ongoing monitoring and managing of the default risk of local customers

Finalize and analyze balance sheet reconciliations and ensure compliance with related SOPs as part of the internal control system

Opportunity to understand and apply various US GAAP accounting standards and ADM policies, including those related to fair value measurement (FAS 157, ASC820), inventory valuation, foreign currency, and Intercompany

Regular communication and interaction with local Commercial management as well as Leadership of AG Services Global Trade

Be contact person for external / internal audit, and prepare for audits by providing auditors with list of requested reports or documentation

Support tax team that local reporting requirements (VAT, income tax, statutory filings etc) are met

The Candidate

Bachelor degree or higher in business administration with emphasis on Controlling and/or Accounting

6 or more years of relevant finance & accounting work experience within an international organization

Working experience abroad would be strongly preferred

Good technical accounting skills of Local- and US-GAAP

Strong analytical abilities, initiative and problem solving skills

Effective oral and written communication skills (in Urdu and English) as well as ability to interface with various intercultural levels of office and operational management

Ability to meet demanding deadlines without compromising quality and completeness.

Ability to function independently as well as in a team environment

Positive, ‘can do’ hands on attitude

Excellent user knowledge in MS-Office

#IncludingYou

Diversity, equity, inclusion and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.

For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here: Diversity, Equity and Inclusion ADM.

About ADM

At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at

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#LI-FE1

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