Accounting Project Manager holds the responsibility for reviewing current accounting operations, recommending a new model, and once approved, establishing and overseeing all back-office finance functions within the organization. This pivotal role involves transforming how the accounting is performed, exploring the option of the shared service finance function, ensuring compliance with policies and regulations, managing team, optimizing resource allocation while streamlining financial processes and actively contributing to the achievement of organizational financial objectives.Job PurposeAccounting Project Manager holds the responsibility for reviewing current accounting operations, recommending a new model, and once approved, establishing and overseeing all back-office finance functions within the organization. This pivotal role involves transforming how the accounting is performed, exploring the option of the shared service finance function, ensuring compliance with policies and regulations, managing team, optimizing resource allocation while streamlining financial processes and actively contributing to the achievement of organizational financial objectives.Job ResponsibilitiesEvaluation and Transform the Accounting Organization

• Evaluate a heavily decentralized accounting operation and explore a shared services set-up, providing best-in-class accounting services to the business at competitive costs. The role starts with transformational leadership
• Develop the initial setup plan for the finance shared service team, including organizational structure, roles, responsibilities, and reporting lines.
• Once approved, lead the recruitment, onboarding, and training of team members for the newly established shared service function.
• Define and implement standard operating procedures (SOPs) and protocols for the shared service team to ensure consistency and alignment with organizational goals.

Team Leadership and Management:

• Lead and manage a team of finance professionals, providing guidance, direction, and performance feedback.
• Develop and nurture a high-performing and collaborative team environment.

Process Optimization and Efficiency:

• Streamline finance processes and procedures to enhance efficiency, accuracy, and effectiveness in financial operations.
• Implement best practices to optimize resource allocation and maximize productivity including adapting leading digital/RPA solutions to drive productivity

Compliance and Risk Management:

• Ensure compliance with applicable laws, regulations, and organizational policies related to finance operations.
• Implement and maintain effective internal controls to mitigate financial risks and safeguard company assets, leveraging automation and ERP systems

Financial Reporting and Analysis:

• Oversee the timely and accurate preparation of financial reports, ensuring they are in line with accounting standards and organizational requirements.
• Analyze financial data to provide insights and recommendations for improving financial performance and decision-making.

Stakeholder Relationship Management:

• Collaborate with internal and external stakeholders, fostering strong relationships and effective communication to support financial objectives and strategies.

Process Improvement and Innovation:

• Drive continuous improvement initiatives to enhance financial processes, systems, and technologies, seeking innovative solutions to optimize operations.

Job RequirementsQualifications

• Bachelor\'s degree in Finance, Accounting, Business Administration, or a related field.
• Professional accounting qualification (e.g., CPA, CMA, ACCA) is highly desirable.

Experience

• Minimum of 7-10 years of experience in finance and accounting roles, with progressively increasing responsibilities.
• Demonstrated experience in setting up from scratch and then managing finance shared services or similar functions.

Knowledge & Skills

• In-depth knowledge of finance and accounting principles, practices, and regulations.
• Strong understanding of shared services models, processes, and best practices.
• Proficiency in financial systems and software (e.g., ERP systems, financial reporting tools).
• Excellent leadership, team management, and interpersonal skills.
• Outstanding analytical and problem-solving abilities.
• Strong communication and presentation skills.

• Evaluation and Transform the Accounting Organization

• Evaluate a heavily decentralized accounting operation and explore a shared services set-up, providing best-in-class accounting services to the business at competitive costs. The role starts with transformational leadership
• Develop the initial setup plan for the finance shared service team, including organizational structure, roles, responsibilities, and reporting lines.
• Once approved, lead the recruitment, onboarding, and training of team members for the newly established shared service function.
• Define and implement standard operating procedures (SOPs) and protocols for the shared service team to ensure consistency and alignment with organizational goals.
• Team Leadership and Management:

• Lead and manage a team of finance professionals, providing guidance, direction, and performance feedback.
• Develop and nurture a high-performing and collaborative team environment.
• Process Optimization and Efficiency:

• Streamline finance processes and procedures to enhance efficiency, accuracy, and effectiveness in financial operations.
• Implement best practices to optimize resource allocation and maximize productivity including adapting leading digital/RPA solutions to drive productivity
• Compliance and Risk Management:

• Ensure compliance with applicable laws, regulations, and organizational policies related to finance operations.
• Implement and maintain effective internal controls to mitigate financial risks and safeguard company assets, leveraging automation and ERP systems
• Financial Reporting and Analysis:

• Oversee the timely and accurate preparation of financial reports, ensuring they are in line with accounting standards and organizational requirements.
• Analyze financial data to provide insights and recommendations for improving financial performance and decision-making.
• Stakeholder Relationship Management:

• Collaborate with internal and external stakeholders, fostering strong relationships and effective communication to support financial objectives and strategies.
• Process Improvement and Innovation:

• Drive continuous improvement initiatives to enhance financial processes, systems, and technologies, seeking innovative solutions to optimize operations.

Al Rostamani Group