Assistant Manager Financial Accounting Dubai UAE

Position: Assistant Manager Financial Accounting

Date posted: 2023-08-18

Industry: other

Employment type: Full Time

Experience: 4 to 5 year

Qualification: Chartered Accountant / ACCA

Salary: AED 10000 to 20000

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

Hiring Assistant Manager Financial Accounting for one of our MNC clients, a global provider of business information and insights.

Job Location: Dubai

This position will report to Manager – Finance and may involve travel across geographies.

Desired knowledge & experience:

• Chartered Accountant / ACCA
• 4-5 years of relevant experience in Accounting and Reporting of which minimum 2 years of UAE experience is mandatory.
• Should possess working knowledge of tax laws such as corporate tax, VAT, WHT etc.
• Working knowledge in multi-currency reporting’s is mandatory
• Should have strong experience of working on IFRS
• Experience of handling the team of 2-3 members will be preferred.

Key responsibilities:

• Overall accounting, reporting and compliance for the assigned entities like:
• Book-keeping and closing of accounting books on a monthly and annual basis with accuracy and adherence to IFRS.
• Ensuring timely vouching, verification and posting into the accounting package of the company.
• Preparing monthly financial statements in local currency and reporting currency.
• Preparing monthly MIS & interim reports with detailed variance analysis of the performance.
• Ensuring timely statutory compliances (Vat etc.) for all the assigned entities.
• Ensuring timely posting of Salary transactions including required statutory provisions.
• Ensuring timely & correct revenue recognition, reconciliations of accounts receivable.
• Payment proposals scrutiny/verification and recommendations to pay.
• Managing relationship with vendors and suppliers to ensure maximum utilization of credit periods and effective management of working capital.
• Annual audit review and support for assigned entities.
• Assisting the team in preparation of various reports for the Management.
• Dealing with banks for corporate and retail banking requirements
• Maintaining Fixed Asset Register, Depreciation, disposal proposals etc.
• Dealing with outsourced accountants in remote locations
• Documentation and record-keeping; maintaining legal agreements, regulatory documents etc.