Company Overview
MS Pharma is a leading pharmaceutical company in the MENA region, dedicated to enhancing community health by providing high-quality, affordable products. We aspire to be an international pharmaceutical leader with a stronghold in MEA and a presence in Europe and other global markets. Our core values include Integrity & Transparency, Quality & Excellence, Teamwork, and Respect for People.
Position Overview
Overseeing the preparation and maintenance of financial records, including but not limited to ledgers, Revenue and AR. He/she will be responsible for developing and implementing accounting policies and procedures, conducting audits, and managing financial reporting processes. And should work closely with other departments to provide financial insights, support budgeting and forecasting efforts, and ensure the accuracy of financial data.
Duties And Responsibilities
- Preparing, coordinating & managing the development and implementation of Accounting programs, including financial, accounting and managerial operations, according to the requirements of the organization and its needs.
- Work closely with country heads to make sound decisions that can benefit the organization and lead to the best outcomes.
- Work closely with country heads to manage contracts with customers for the assigned territory.
- Prepare and review the MBR (Monthly Buss. Review) with the country head monthly for the assigned territory.
- Provide the country head of the assigned territory with insights and simulate scenarios for him/her so that they can help in making appropriate decisions.
- Lead the budgeting process for the assigned territory with country head, including preparation, monitoring, and variance analysis and provide forecasts to guide financial planning.
- Collaborate with the country head to develop financial strategies that support business goals.
- Follow up stock at risk with the country head on monthly basis for the assigned territory.
- Follow up Collection with customers and prepare monthly reports for management & country head and control All opened LC’s.
- Managing the accounting function & ensuring that all entries & JVs are properly handled in accordance with IFRS for the assigned territory.
- Evaluating performance of accounting department team in compliance with approved appraisal forms and recommending best course of action & improve communication and team spirit.
- Continuously reviewing the adopted methods and principles and developing existing accounting principles as appropriate.
- Reviewing all accounting documents including the journal vouchers, receipt voucher, payment voucher … etc. and reconcile customers’ accounts regularly.
- Work with Tech Op’s finance team to ensure posting the above-mentioned accounting entries in the accounting system on a timely basis for the assigned territory.
- Work with the Tech Op’s finance team to implement the accounts procedures at the end of month by ensuring that all prepaid / accrued S&M expenses, sales revenues and related day-to-day expenses are all recorded & posted in the month in which they occurred
- Ensure the sales price of the company products in the assigned territory is based on the registration certificate.
- Support external & internal auditors by gathering necessary information and documents to perform the annual audit.
- Calculate the bad debt provision monthly based on corporate policy.
- Prepare all reports required by management.
- Ability to travel in case required.
General Administrative Duties
- Team Follow up: Conduct periodic meetings with team members regarding work priorities and ensuring work is progress smooth and inform team of company updates, departmental changes … etc.
- Workforce Planning: Handle workforce planning process by the developed budgets and plans.
- People Management: Manage team’s personnel affairs (leaves, vacations…etc.), performance management, coaching and needed training.
- Compliance: Ensure compliance with relevant national and international health, safety and environmental laws and policies as well as maintain the records and reports of HSE aspects.
Professional Knowledge
- A thorough understanding of International Financial Reporting Standards (IFRS)
- Knowledge of tax laws and regulations to ensure compliance.
- Familiarity with auditing processes, both internal and external, to maintain financial integrity and transparency
- Skills in developing budgets and financial forecasts to guide organizational planning.
- Ability to lead and mentor accounting teams, fostering collaboration and efficiency.
- Proficiency in accounting software and ERP systems, as well as advanced Excel skills for data analysis
- Awareness of relevant financial regulations and the ability to implement policies that ensure compliance.
- Effective communication skills to present financial information to stakeholders and collaborate with other departments
- Knowledge in Lc’s and LG’s.
Job Requirements
- Bachelor's degree in accounting/ financial management or equivalent, and CMA or CPA certificate is highly preferable.
- 8 – 10 years experience in a related field, among which at least three years in a supervisory position.
- Proficiency in written, read and spoken English and Arabic.
