Junior Accountant Dubai UAE

Position: Junior Accountant

Date posted: 2023-08-15

Industry: other

Employment type: Full Time

Experience: 3 to 5 year

Qualification: Bachelor’s Degree holder

Salary: AED 5000 to 10000

Location: Dubai, United Arab Emirates

Company: Ocean Leonid Investments

Description:

Hiring Junior Accountant at Ocean Leonid Investments Dubai,

Job Description

• We are looking for Junior Accountant to oversee accounting activities within the respective business unit.
• Reports to: Head of Finance
• Working Conditions: She/he will normally work every day within office hours as per country law.
• Department: Finance
• Employment Status: Temporary

Location: Dubai, United Arab Emirates

Job Objectives:

• Maintain P&L and Balance Sheet reconciliations
• Booking of Incomes, Expenses in relevant Cost Centers • Perform analysis and reporting for critical decision-making purposes.
• Respond to Auditor inquiries and prepare financial
• statements required for auditing
• Reconciliation of trades with brokers • Provide cover in the production of EOD trade,
• settlements, holdings and cash utilization reporting Igloo CTRM, Enfusion CTRM and Focus ERP
• Help in MBR reporting
• Liaise with traders for trade reporting and reconciliations

Job Performance Indicators:

• E2E Fund accounting for efficient P&L management
• Excellent communication and proactiveness with various internal & external accounts
• Fully versed with Taxation and IFRS regulations

Work Activities:

• Analyze fund requests and manage fund distributions
• Planning resource allocation on a day to day basis and prioritizing tasks
• Assisting in financial audit
•  Manage and reconcile Fund margin requirements with both the Customers and the Administrator • Establish strong internal controls in line with the approved policies

Required:

• A university degree in Business Administration, Accounting or a related discipline
• Advanced knowledge of Microsoft Office (in particular Excel, Word and PowerPoint)
• 3 to 5 years of experience in Hedge Fund, Banks, or Financial Institutions
• Experience in paper commodity or derivative trading • Experience in operating SAP, Oracle, Openlink or similar
• Accounting qualification (CA, CPA, ACCA or similar)

Nice to have:

Strong financial skills and commercial judgment, combined with the ability to communicate effectively CFA, CPA or equivalent

Only shortlisted candidates will be contacted.