Finance Manager

A) JOB DESCRIPTION

Duties and Responsibilities :

To check and post in IFCA all journals prepared by subordinates and ensure the schedules are updated.

To update monthly WIP schedules including cost and billings with the actual amounts reflected in IFCA.

To check and review the completeness of Management Account by ensuring all data and information including revenue and expenses have been taken up accordingly.

To update Forecasted Project Revenue working and ensure all the forecast figures,

billings and progress of physical completion are correct and reasonable. To standby and amend Management Account and Forecasted Project Revenue after Management meetings accordingly.

To check and update the balance sheet schedules including PPE listing to ensure correctness and completeness.

To update project cost analysis for all projects and ensure completeness.

To deal directly with IFCA team on any issue arises in the system.

To prepare manual aging for receivables and payables due to IFCA system is unable to run the correct one.

To update the weekly cashflow based on individual cash books by companies and ensure the balance is tally with the cashbook

To update Cashflow Forecast by filling in the data from weekly cashflow and update the forecast collection and payments accordingly

To check and review the revenue and deemed completion projects accordingly and compute tax expense accordingly.

To compute and update deferred tax working for all companies under Construction Division.

To liase and discuss with Contract Department on the discrepancies in the certification.

To attend to auditors and tax queries accordingly