Job Description

Roles & Responsibilities

Key Responsibilities

Financial Accounting & General Ledger

• Maintain and reconcile the General Ledger to ensure accuracy and completeness.

• Review and post journal entries in accordance with accounting standards and company policies.

• Ensure all financial transactions are properly recorded and supported by adequate documentation.

• Monitor and maintain the chart of accounts.

• Perform account reconciliations and investigate discrepancies.

• Review trial balances and resolve accounting issues before financial close.

Financial Closing

• Lead the monthly, quarterly, and annual financial closing process.

• Ensure all accruals, prepayments, provisions, and adjustments are accurately recorded.

• Prepare closing schedules and supporting working papers.

• Coordinate with all departments to ensure timely submission of financial information.

• Ensure financial statements are completed within established deadlines.

Financial Reporting

• Prepare monthly, quarterly, and annual financial reports.

• Assist in preparing statutory financial statements in accordance with IFRS.

• Prepare management reports and financial performance analysis.

• Analyse financial results and provide explanations for significant variances.

• Support management with financial insights for decision-making.

Accounts Payable & Receivable Oversight

• Review supplier payments and ensure compliance with approved payment procedures.

• Monitor accounts receivable and follow up on outstanding balances.

• Review customer and supplier reconciliations.

• Ensure timely processing of invoices and collections.

Fixed Assets

• Maintain the Fixed Asset Register.

• Review capitalization and disposal of assets.

• Calculate depreciation in accordance with company policies.

• Coordinate periodic physical verification of assets.

Bank & Cash Management

• Review bank reconciliations.

• Monitor cash balances and banking transactions.

• Investigate and resolve unreconciled banking items.

• Support treasury activities when required.

Budgeting & Forecasting

• Assist in the preparation of annual budgets.

• Support periodic financial forecasts.

• Monitor budget utilization and analyse variances.

• Provide recommendations to improve financial performance.

Internal Controls & Compliance

• Ensure compliance with company financial policies and procedures.

• Support implementation and monitoring of internal controls.

• Ensure compliance with IFRS, UAE tax regulations, VAT requirements, and applicable government regulations.

• Identify financial risks and recommend mitigation measures.

• Participate in developing and improving accounting policies and procedures.

Audit Coordination

• Coordinate with internal and external auditors.

• Prepare audit schedules and supporting documentation.

• Respond to audit inquiries in a timely manner.

• Ensure implementation of audit recommendations.

Tax & Regulatory Compliance

• Support VAT calculations and return preparation.

• Ensure compliance with UAE tax regulations and statutory reporting requirements.

• Maintain proper financial documentation for regulatory inspections.

Financial Analysis

• Analyse financial performance and operational results.

• Prepare variance analysis.

• Support feasibility studies and financial evaluations.

• Develop financial models when required.

ERP & Systems

• Maintain accuracy of accounting data within the ERP system.

• Support implementation of system enhancements.

• Assist in automation initiatives and process improvements.

• Ensure proper utilization of financial systems.

Team Support & Supervision

• Provide technical guidance to junior accountants.

• Review accounting work prepared by finance team members.

• Support training and development of finance staff.

• Promote knowledge sharing and continuous improvement.

Stakeholder Coordination

• Coordinate with procurement, HR, operations, legal, and other departments on financial matters.

• Communicate effectively with banks, auditors, government entities, and external stakeholders when required.

Continuous Improvement

• Recommend improvements to accounting processes.

• Identify opportunities for automation and efficiency.

• Participate in finance transformation initiatives.

• Support implementation of best practices in financial management.

Other Duties

• Perform any other finance-related duties assigned by management.

• Participate in special projects, system implementations, and strategic initiatives.

Desired Candidate Profile

• Bachelor’s degree in accounting, Finance, or a related field.

• Professional qualification such as CPA, ACCA, CMA, or ACA is preferred.

• Minimum 5–8 years of accounting experience, preferably within a government, semi-government, or large corporate environment.

• Experience in IFRS reporting.

• Experience using ERP systems (SAP, Oracle, Microsoft Dynamics, or similar).