Head of Finance Department- Qatari Only

Skill required

• Report preparation skill
• Ability to develop and implement financial plans and strategies
• Project management skills with the ability to manage complexities and limitations
• Strong interpersonal skills with the ability to communicate across all levels.
• Ability to lead and motivate a team with extensive skills
• Ability to multi-task and adhere to tight deadlines.
• Computer proficiency, including the use of accounting software including spreadsheets, databases and charting packages.
• Advanced skills in MS office

Job Purpose

• Responsible for planning, managing and supervising the general ledger, payroll and accounting activities to ensure the smooth operations of the QSL finance department.
• Review and support all activities and outputs of accounting staff and work to achieve their efficiency and productivity.

Responsibilities and job role

Chart of Accounts and Reconciliation of Ledgers: Oversee the maintenance of a robust chart of accounts and financial dimensions that suit departmental and financial reporting requirements. This includes overseeing the accurate reconciliation and reconciliation between all subsidiary ledgers (8 units) and the main general ledger.

ERP Financial Transactions: Oversee all ERP System (MS AX) financial transactions and they are sound and accurate.

Financial Reports: Preparing and reviewing all financial reports to ensure their integrity, accuracy and validity, and ensuring that they are submitted in a timely manner to comply with reporting requirements. This includes reviewing the monthly, quarterly and annual closing reports and submitting them to senior management.

Full Compliance with Country Regulatory Requirements Oversee and review full compliance with MoF and GTA requirements and deadlines as well as timely submission of tax returns.

Annual Budget and Funding Adequacy: Lead annual budget preparation and forecasts and ensure budget is aligned with strategic plans. This includes preparing cash flow forecasts and monitoring the cash position on a daily basis to ensure and maintain the necessary funding for the organization.

Payroll Processing: Lead oversight of the accurate and timely processing of payroll transactions to ensure correct and timely monthly disbursement of employee salaries and allowances. This includes cooperating with the Human Resources Department and specifically the Wages and Salaries Unit and the Players Affairs Department to settle all issues relating to the salaries and wages of staff and professional players, respectively.

Compliance with all company policies: Adhere to company policies and ensure that all transactions are carried out in accordance with applicable policies and within budget allocations. This includes working closely with all departments to resolve issues and ensuring adherence to applicable policies.

Procurement Transaction Processing: Verify that transactions are invoiced with correct financial dimensions, compare system reports with balances, analyze invoices/expense reports, and record all inputs before completing payments to suppliers to ensure correct and accurate transactions. This includes verification and review activities of financial transactions involving the organization's contractual obligations with external service providers to ensure that the organization's payments are made in accordance with the terms and conditions of the contract.

Management of the Accounts Department: Review and support all activities and outputs of the accounting staff (including, but not limited to, bank reconciliations, vendor reconciliations, bank balances, accounts receivable, fixed asset transactions, payroll and accounts payable transactions, recording of revenues and expenses, etc.) and ensure their efficiency and its productivity. This includes preparing performance review reports to indicate progress on individual and team KPIs. Provide on-the-job training for new and existing employees and work with the human resources department in determining the required training needs that accounting staff may request to enhance their efficiency and improve their performance.

External Auditor Requirements: Lead the provision of external auditors with all necessary and supporting evidence/documentation and manage the schedules of the external auditor to prove the fairness of the financial statements.

Financial Record Keeping: Lead in ensuring the proper maintenance of supplier and sponsor master files and accompanying records for adherence to reporting requirements and audit purposes.

Cooperation with banks: work on building and continuing strong and close cooperation with banks and financial institutions to consolidate relations and obtain major economic, market and financial reports and trends that may be relevant to the policies and plans of the financial institution.

Qualifications & Experience

Qualifications:

• Holds a bachelor's degree in economics, accounting or any related field.
• Has a professional certificate such as, CMA, CPA, ACCA or equivalent 

Knowledge and experience:

• At least 10 years of relevant experience in public accounting, financial reporting, budget preparation and payroll accounts, of which 3 to 5 years in a specialist or senior supervisory position.
• Fluency in spoken and written Arabic and English.