General Ledger & Reporting * Monthly, quarterly and yearly reporting to HO as per DSV and JV Financial Manuals.

• Statutory reporting in accordance with local laws and requirements.
• Assists Shared Service Centre as operational interface & query handling.
• Approves and submits journal entries (excluding standard accrual).
• Reviews and approves G/L account reconciliations.
• Co-operation with external and internal auditors and follow-up of their reports.
• Conducts Internal compliance activities.
• Reviews regulatory reporting package for submission.
• Requests post period adjustments.

Tax (Corporate Income Tax) * Reviews and sign-off tax & statutory returns and hands over to authorities and, if necessary, assists resolve inquiries.

• Submits periodical declaration on payment & remittances.
• Lead local tax audits.
• Maintains local tax documentation.
• Review the monthly / quarterly / annual tax reporting and tax calculation.

Accounts Payable/Receivable * Focus on net working capital improvement.

• Maintains list of vendors and timing relevant for reconciliation.
• Approves non forwarding invoices.
• Reviews and advises reports on monthly recurring payments, urgent payments and direct debits.
• Handles electronic uploads of vendor invoices (electronic invoices).
• Reviews, advices and authorizes payment proposal as well as submits and confirms payment request to bank.
• Ensure to clean vendor debit balances before month end.
• Signs and sends cheques if applicable.
• Approve urgent payments.
• Negotiate vendors for better payment terms.
• Coordinate vendors for ICV improvement plans.

Fixed Asset Accounting * Manages fixed assets tag and numbers.

• Reconciles fixed assets/ organizes local fixed assets reconciliation and addresses differences accordingly.
• Periodical asset counts and reconciliations.

Treasury * Review guarantee wordings along with regional treasury team.

• Coordinate with Commercial and regional treasury teams for guarantee requirements.
• Monitor bank guarantees for renewal and cancellations.
• Maintain and update bank signatories.
• Monitor and hedge foreign currency exposure.

Cash Management * Weekly liquidity reporting.

• Weekly Networking capital charge reporting
• Approve bank reconciliation and resolve disputes and issues.
• Manages general cash flow to ensure timely transfer of customs duties and vendor payments.
• 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 too 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 ISSC)

Bayt