Regulatory Accountant Dubai UAE

Position: Regulatory Accountant

Date posted: 2023-09-05

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: Confidential

Description:

We are looking for Regulatory Accountant (UAE National) for one of the government entities here in Abu Dhabi UAE.

Job Title: Regulatory Accountant

Job Purpose:

• The Regulatory Accountant is responsible for assisting the Senior Regulatory Accountant in managing the review and/or approval of the sector subsidy budget, as well as reviewing financial statements and financial performance in accordance with the regulations, codes, and standards that apply to licensed entities or new license applicants.
• In charge of overall oversight and evaluation of the financial performance and health of licensed companies operating in the sector.
• Responsible for reviewing audited financial statements of existing licensed companies to ensure compliance with regulations, financial and accounting standards, and to assess their resources in order to continue providing secure and efficient services to customers.

Job Requirements:

• Bachelor’s degree in a relevant discipline, e.g., Finance, Accounting, Business Administration, Economics.
• Minimum of 3 – 5 years of experience in a relevant field.

Knowledge:

• Good understanding of the financial activities of the licensed companies in the energy sector
• Good understanding of the strategic direction of Abu Dhabi and the UAE
• Thorough knowledge and experience of financial management and investment analysis and due diligence
• Decent knowledge of best practice financial reporting, budgeting, and auditing