Manager

If you are a current DSV employee and interested in a position in another country, please contact your Human Resource representative to discuss the process and requirements of applying.

Job Req Number: 87762
Time Type: Full Time
- Purpose of the position
- Ensure that all statutory requirements of the organization are met, including Withholding Tax, VAT, Income Tax, zakat, Local content etc.
- Ensures reporting and accounting in accordance with the Financial Manuals.
- Liaise with the reporting team in preparation of the monthly finance reporting and tax reporting.
- Coordinate and monitor the activities of local and International shared service centers and focus on cost and efficiency plans.
- Handling statutory and tax audits.
- Dealing with internal / external lawyers on legal matters & statutory requirements of company.

Key Tasks

General Ledger & Reporting
1. Monthly, quarterly and yearly reporting to JV partners as per Financial Manuals;
2. Statutory reporting in accordance with local laws and requirements;
3. Assists Shared Service Centre as operational interface & query handling
4. Approves and submits journal entries (excluding standard accrual)
5. Reviews and approves G/L account reconciliations
6. Co-operation with external and internal auditors and follow-up of their reports
7. Conducts Internal compliance activities
8. Reviews regulatory reporting package for submission
9. Requests post period adjustments

Tax
1. Reviews and sign-off tax & statutory returns and hands over to authorities and, if necessary, assists resolve inquiries
2. Submits periodical declaration on payment & remittances
3. Lead local tax audits
4. Maintains local tax documentation
5. Review the monthly / quarterly / annual tax reporting and tax calculations

Accounts Payable/Receivable
1. Focus on net working capital improvement.
2. Maintains list of vendors and timing relevant for reconciliation.
3. Approves non forwarding invoices.
4. Reviews and advises reports on monthly recurring payments, urgent payments and direct debits
5. Handles electronic uploads of vendor invoices (electronic invoices)
6. Reviews, advices and authorizes payment proposal as well as submits and confirms payment request to bank
7. Ensure to clean vendor debit balances before month end
8. Signs and sends cheques if applicable
9. Approve urgent payments
10. Negotiate vendors for better payment terms.
11. Coordinate vendors for Local content improvement plans.

Fixed Asset Accounting
1. Manages fixed assets register (barcode tag and numbers)
2. Reconciles fixed assets/ organizes local fixed assets reconciliation and addresses differences accordingly.
3. Periodical asset counts and reconciliations.

Treasury
1. Review gaurantee wordings along with group treasury team.
2. Coordinate with Commercial and group treasury teams for gaurantee requirements.
3. Monitor bank guarantees for renewal and cancellations.
4. Maintain and update bank signatories.
5. Monitor and hedge foreign currency exposure.
Cash Management
1. Weekly liquidity reporting.
2. Weekly Networking capital charge reporting
3. Approve bank reconciliation and resolve disputes and issues
4. Manages general cash flow to ensure timely transfer of customs duties and vendor payments
5. Reconcile and update custom duty advances with customer and vendors.
- Key Performance Indicators
- Timely closing (part of Group Finance KPI)
- Number of adjustments of reporting package/ tax tool after deadline (part of group finance KPI)
- Days payable outstanding (DPO) and Days sales outstanding (DSO)
- Tax compliance for computation, declaration, timeline
- Daily monitoring of FX positions and P&L development and cash forecast
- Avoid bank overdrafts (exceptions coordinated with group)
- Ensures daily bank reconciliation (with SSC)
- Function / Market & Industry Knowledge / Business Acumen / Process working
- Fair knowledge in freight forwarding and logistics
- Profound knowledge of accounting processes
- Profound knowledge of KSA Taxation and GAAP
- Good understanding of Shared Services concept
- Skills & Competencies
- Attention to detail and a logical and organized approach
- High level of accuracy, credibility and accountability
- Ability to work well independently as well as in a team and remote with offshore partners
- Strong communication skills
- Educational background / Work experience
- Education background in business administration or similar qualification
- Minimum five years’ experience in accounting/ financial processes, experience with audit firm and logistic industry will be advantage. KSA experience is must.
- Additional accounting qualification (e.g. CPA, ACCA)
- Additional Accounting Qualification with focus on KSA local GAAP
- KSA Tax experience
- Language skills
- English: fluent in written and spoken
- Arabic language preferred
- Computer Literacy
- Profound knowledge of MS-Office products (Word, Excel, Outlook)
- Knowledge of SAP preferred

**DSV - Global Transport and Logistics**

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