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).