Chief Accountant Dubai UAE

Position: Chief Accountant

Date posted: 2022-12-20

Industry: other

Employment type: Full Time

Experience: 5 to 10 years

Qualification: Bachelor’s Degree holder

Salary: AED 10000 to 20000

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

Hiring Chief Accountant

Key Responsibilities:

• Responsible for complete accounting cycle for assigned companies. (Revenue, Expense, Closing & Reporting)
• Finalizing Balance Sheet
• Contribute to the strategic direction of the business through monthly reviews and variance reporting and recommendation of improvement initiatives.
• Ensure that Audit reports / schedules for statutory and / or internal audits are provided to the auditors as and when required.
• Co-ordinate the preparation of the statutory financial statements.
• Contribute in the various initiatives of process development & mapping, system automations and policies drafting and implementation.
• Knowledge of ERP Financial Software is advantage.

Monthly Financials & Reporting:

• Review monthly financial statements, underlying schedules and other financial reports for Corporate services
• Coordinate with Corporate finance business partners and Corporate HQ teams for monthly closing of books, and analyses the numbers reported
• Pass reclassification entries for all shared services components to accurately capture costs in the desired P&L
• Raise invoices, following VAT guidelines, to the respective subsidiaries providing transparency of information relating to shared services consumed
• Prepare/Review reconciliation of shared services costs on a monthly basis
• Analyze, interpret and communicate financial information and develop periodic management reports to reflect the shared services performance
• Manage, guide and mentor any team members reporting into him/ her, identify potential talent amongst team members and provide timely support to them for learning and professional development.
• Prepare full year reconciliations of costs allocated through shared services model
• Year-end Audit Support: Prepare and support the Finance teams, as necessary, with year-end audit requirements for shared services

Minimum Qualifications and Knowledge:

• Post-graduate degree in commerce / accounting / finance. Knowledge of management reporting and accounting systems is necessary.
• Minimum of 5-10 years of experience in the field of Finance and Accounting
• Experience in Construction / Project Management industries will be preferred.