[Hiring] Head of Accounting Dubai UAE

Position: Head of Accounting

Date posted: 2024-04-17

Industry: Oil and Gas Industry

Employment type: Full Time

Experience: 10 years

Qualification: Bachelor’s Degree is required

Salary: AED 10000 to 20000

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

Hiring – Head of Accounting

We’re seeking a qualified individual to fill the Head of Accounting position for a company in the Oil and Gas Industry, located in Dubai.

Qualifications and Education Requirements:

• Must have Bachelor’s degree in accountancy or equivalent
• Chartered Accountant qualification is preferred.
• Prior experience in an external audit firm is highly desirable.
• A minimum of 10 years of experience in accounting, with relevant years within oil trading sector
• 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 for 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.