Operational Accountant Dubai UAE

Position: Operational Accountant

Date posted: 2020-08-22

Industry: Securities

Employment type: Full Time

Experience: 3 to 5 year

Qualification: Bachelor’s Degree Holder /Professional Qualification

Salary: AED 10000 to 20000

Location: Dubai, United Arab Emirates

Company: Market Securities


Market Securities Dubai Limited are looking for an Operational Accountant to join their office in Dubai International Financial Centre

This role will be to support the London Accounts Team

UAE Based Candidates Preferred

Hiring Operational Accountant Department/Team Finance Reporting To Finance Managers Role Summary: This is a role with huge variety that will give an already experienced candidate a fantastic opportunity to get involved in all aspects of a Finance Department.

The role includes sole responsibility for the Firms Global Accounts Payable Functions, for which we require someone who is well established in using their initiative to streamline and improve processes whilst keeping invoices, queries and payments well organized, efficient and up to date at all times.

In addition, you will also provide high quality support to all other Finance functions including but not limited to treasury management, cost analysis, assisting with year-end audits, weekly & monthly reporting as well as the opportunity to both lead and assist in ad hoc projects.

Finally, there is also an Accounts Receivable element to the role, for which you are responsible for our Research Ledger and Cash Allocation for Global AR.

This involves invoice generation, ledger analysis, cash collection tracking, monthly cash reconciliations and SAGE Cash allocation. Key Accountabilities:

  • Review and processing of invoices onto internal invoice capture system (YOOZ)across all entities
  • Preparation and processing of individual and batch payments
  • Posting bank transactions to journals, ledgers and other records
  • Reconciling and monitoring supplier accounts
  • Resolving discrepancies and issues with vendors and internal departments
  • Preparing multicurrency treasury reports
  • Managing any FX requests from within finance or from brokers
  • Managing recharges to broker and intercompany accounts
  • Assisting with month end closing in KBL (monthly journals for revenue, depreciation, accruals etc.)
  • Assisting with year-end auditAccount Receivable/Research
  • Collection of Research brokerage revenue from current month to aged debt in accordance withtargets.
  • Contact customers on a weekly basis inorder to confirm payments and identify any issues with payment.
  • Ensure distribution of Research invoices to customers on a weekly/quarterly basis.
  • Solely responsible for application of AR & Research cash to Sales Ledger.Both areas require:
  • Resolution of queries in an accurate and timely manner.
  • Maintain quality relationships with customers, brokers and internal department heads.•Assist with monthly reporting Duties & Ad Hoc Tasks/Projects.
  • Advanced Microsoft Excel
  • Good knowledge ofDatabase development
  • Experience with Macros

Closing date for applications Thursday 27th August 2020

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