Senior Accountant

Job Description: Senior Accountant (Based in Jebel Ali)

Location: Dubai

Department: Finance

Reporting To: Senior Finance Manager / Finance Manager

Role Summary: The Senior Accountant will be responsible for managing daily banking and accounting activities, handling trade finance documentation, monitoring cash flow, and supporting month end closing and audits. The role requires close coordination with banks, suppliers, and internal departments.

Key Responsibilities 1. Cash Flow Management

• Prepare and monitor daily and monthly cash flow statements.
• Track bank balances, plan fund requirements, and manage cash inflows and outflows.
• Provide detailed cash flow reporting to management.
• Ensure timely fund arrangements for settlement of bank dues.

2. Trade Finance & Banking

• Manage bank facilities including TR, LCs, Usance/LC acceptances, BGs, PDCs, and invoice discounting.
• Maintain proper records of bank/TR dues and credit facilities.
• Monitor utilization of LC, TR, BG, and other facilities against approved limits.
• Track TR interest, LC charges, BG commissions, and ensure accurate accounting of finance costs.
• Process import payments and coordinate submission of required documents to banks.
• Manage internal and external fund transfers and ensure proper recording in SAP.
• Maintain complete supporting documentation for all banking transactions.

3. Accounting Operations

• Post incoming and outgoing payments in SAP.
• Record import payments, rent payments, prepaid interest, and accruals.
• Pass journal entries and ensure accuracy in ledger postings.
• Record and reconcile intercompany transactions.
• Ensure all banking, TR, intercompany, and treasury transactions are properly recorded in SAP.

4. Reconciliations & Reporting

• Prepare regular bank reconciliations and resolve differences.
• Perform intercompany reconciliations on a periodic basis.
• Support month end closing activities.
• Prepare MIS reports and other financial reports as required.

5. Audit & Compliance

• Assist in internal and external audits.
• Ensure proper filing and compliance with company policies and banking requirements.

Requirements

• Bachelor's degree in Accounting or Finance.
• CA Inter qualification preferred.
• 3-5 years of relevant experience, preferably in a trading or import/export company.
• Strong working knowledge and practical understanding of import/export finance, including TR, LC, BG, PDC, invoice discounting, and SAP.
• Working knowledge of SAP and strong MS Excel skills.
• Strong attention to detail and reconciliation skills.
• Ability to handle multiple tasks and meet deadlines.
• Good communication and coordination skills.