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Senior Accountant (Dubai)
Overview:
Main purpose of the job: The Senior Accountant is independently responsible for preparing financial data and reports, providing essential financial information to management across the UAE, KSA & Qatar operations. This role demands a high level of attention to detail, confidentiality, and complete ownership of the financial reporting process and responsibilities. The Senior Accountant will have the support of the Accounts & Admin team.
Qualifications:
Skills and attributes required:
- Qualified Senior Accountant with a minimum of 5 years of experience in a similar role, holding an MBA, CMA, ACCA, or CPA qualification, is required.
- Expertise in IFRS, local accounting standards, financial reporting, taxation, and internal controls.
- Proficient in financial analysis, forecasting, budgeting, and problem-solving.
- Expertise in accounting software (Pegasus/Opera 3, Tally, Oracle Fusion) and advanced Excel skills.
- Accuracy in financial reporting and compliance with regulations.
- Ability to deliver clear, concise written and verbal reports to senior management.
- Efficient handling of multiple tasks and meeting deadlines.
- Ability to work independently and consistently complete tasks.
- Maintain high standards of confidentiality and adherence to professional ethics.
- Skilled in resolving discrepancies and optimizing financial processes.
- Keeping up with industry trends, changes in accounting standards, tax laws, and financial regulations while consistently enhancing skills.
Summary of Principal Duties and Responsibilities:
- Independently prepare all journal entries and supporting schedules for period-end closing, posting them into accounting software for the Regional Finance Controller’s review and approval.
- Ensure full compliance with company policies, internal controls, and regulatory requirements across all accounting processes, and assist in implementing required changes to improve operations.
- Reconcile general ledgers, bank statements, and supporting financial documents, maintaining accuracy and integrity in all financial transactions and records.
- Prepare weekly forecasts for revenue and sales reports, and coordinate with respective sales and project management teams for management review and sales meetings.
- Oversee accounts receivable and payable processes, including invoicing, reconciliations, collections, follow-up, and ensuring the timely and accurate recording of transactions. Manage client/vendor coordination and collaborate with internal teams as necessary.
- Review and validate supplier payments to ensure compliance with internal controls and procedures.
- Coordinate with banks for financial operations, including arranging bank guarantees or other necessary documents, ensuring compliance with relevant banking regulations and requirements.
- Assist the Regional Finance Controller in preparing, finalizing, and analyzing financial statements for monthly group reporting, providing valuable insights for strategic decision-making.
- Provide data and support to the Regional Finance Controller for the preparation of budgets, forecasts, cash flow and financial reports to support strategic planning and operational objectives in the region.
- Coordinate with banks, inter-companies/related parties, and other service providers for various accounting and finance operational requirements on a regular basis.
- Coordinate with internal teams and external auditors to facilitate the annual audit process, ensuring compliance with all relevant regulatory requirements and accounting standards.
- Utilize accounting software proficiently to streamline financial processes and enhance overall efficiency in reporting and analysis.
- Maintain all staff records within the Payroll System, working alongside HR/PRO during onboarding and offboarding, and assist staff with payroll-related inquiries, annual leave, loans, banking matters, and other inquiries.
- Calculate staff salaries and process payroll through banking portals and payroll software for UAE, KSA & Qatar. Coordinate with local service providers for regulatory requirements such as GOSI/GPSSA pension payments and submissions.
- Prepare and collect data for tax return submissions (VAT and Withholding Tax), while also assisting in Corporate Tax filings for UAE, KSA & Qatar.
- Provide any other ad hoc reports or assistance required by the team and the Regional Finance Controller as needed.
The above list of duties and responsibilities is not intended to be exhaustive. Employees are expected to take on additional tasks when required. These tasks will align with the general profile of the role.
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