Company Description
Masdar is the UAE’s clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.
Job Description
As the Accountant, you will be executing all matters with regards to the bookkeeping, country applicable taxes, financial and accounting for the project, ensuring the integrity of internal controls and accounting information in compliance with IFRS maintaining the integrity of the General Ledger (GL) in order to ensure accurate reporting of the financial results.
Responsibilities not limited to;
- Prepare monthly trial balance and ensure the accuracy, quality and timely closing of Books.
- Perform the monthly accruals and provisions for accuracy and completeness.
- Record the business transactions related to the project in the accounting register (GL) in full compliance with reporting and accounting standards and Masdar financial policies and procedures.
- Prepare monthly aging reports for account receivable and payables in full compliance with IFRS and Masdar financial policies and procedures.
- Perform monthly reconciliation of bank account, customers/vender reconciliation and all balance sheet accounts in full compliance with IFRS and Masdar financial policies and procedures.
- Report on project costs – perform breakdown of capex and other significant balances in full compliance with IFRS and Masdar financial policies and procedures.
- Process accruals as per IFRS standards in order to ensure account accuracy at all times.
- Perform cash management and regular monitoring of cash flow and bank accounts balances to ensure accuracy.
- Prepare reports according to the project financial documentation to ensure accurate project finance.
Qualifications
Preferred Qualifications:
- Bachelor’s degree in relevant subject (accounting, taxation, business, finance, economics).
- Qualified accountant ACCA, CAP, CIPA, DipIFR or similar.
Preferred Experience:
- At least 4-6 years of experience in bookkeeping, taxation, financial management, accounting in major infrastructure projects, construction companies.
- Enthusiastic to advance in IFRS and good corporate governance.
Additional Information
Job-Specific Skills:
- Exceptional communication skills and able to work in a dynamic, fast paced, diverse environment.
- Deep understanding of the accounting regulations and statutory requirements
- Knowledge of IFRS, Treasury, Managerial Accounting
- Business logic and commercial acumen
- Good knowledge of various accounting processes and an understanding of internal controls
- Good knowledge of legal and company law requirements
- Knowledge of financial systems and applications
- Attention to detail
- Excellent English language
Masdar is one of the world’s fastest growing renewable energy companies and a green hydrogen leader, placing the UAE at the forefront of the energy transition.
As a pioneer in advancing the clean energy sector and a key enabler of the UAE’s vision as a global leader in sustainability and climate action, Masdar has developed projects in more than 40 countries across six continents and has invested, or committed to invest, in worldwide projects with a combined value of more than US$30 billion.
Masdar unites the UAE’s three energy champions – Mubadala, ADNOC and TAQA – and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen.
Promoting innovation in solar, wind, energy storage, waste-to-energy, and geothermal energy, Masdar has a proven record of delivering pioneering projects using cutting-edge clean energy technologies, that are commercially viable and bankable.