Head of Accounting Dubai UAE

Position: Head of Accounting

Date posted: 2022-09-08

Industry: Oil and Gas

Employment type: Full Time

Experience: 8 to 10 year

Qualification: Bachelor’s Degree holder

Salary: AED 15000 to 30000

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

A Trading company in the Oil and Gas Industry is looking to hire a Head of Accounting.

Minimum Experience: 8 -10 years in Accounts

Requirements:

• Bachelor’s degree in Accountancy or equivalent
• Chartered Accountant qualification is preferred
• Prior experience in external audit firm is highly desirable
• The candidate should have experience in Accounting, with relevant years within oil trading sector and should have strong knowledge of IFRS and local accounting standards.
• Some knowledge in indirect tax, corporate tax and transfer pricing

Responsibilities:

• Partner with Business and Management to develop strategic plans
• Provide financial reports of the company and interpret financial information to management while recommending further courses of action
• Oversee and manage operational accounting and management reporting for all entities
• Maintain the accuracy and completeness of the books and records. Ensure regular review of account reconciliations including follow up and timely closure of open items
• Responsible for timely delivery of management, financial and regulatory reporting, and statistical surveys
• Liaise with external auditors to arrange external auditor’s appointment, statutory audit, and annual financial statements
• Preparation of monthly forecast and annual budget
• Review business processes to improve and strengthen internal controls
• Ensure compliance of regulatory reporting to regulatory authorities
• Liaise with internal teams globally to ensure timely corporate tax and VAT filing
• Liaise with local tax bureau officials and support all data requirements for their reviews
• Work closely with intercompany teams to ensure entity structure is appropriately operationalized
• Coach and develop employees in a continuously changing environment. Empower employees to execute tasks independently
• Support system implementations
• Any other ad-hoc tasks as assigned