Chief Accountant

Oversee the preparation and analysis of financial statements ensuring accuracy and compliance with accounting standards and regulations Manage the month-end and year-end closing processes ensuring timely reporting and reconciliation of accounts Implement and maintain internal controls to safeguard company assets and improve financial processes Lead the budgeting and forecasting activities collaborating with department heads to align financial goals with operational strategies

Accounting Expertise:

8–10 years of UAE experience as a Chief Accountant in well-established corporate organization, with strong knowledge of accounting principles, financial reporting, and financial management.

Problem-Solving and Initiative:

Proactive and self-motivated, ability to resolve issues, take ownership of responsibilities, and ensure timely follow-up and closure of outstanding matters.

Leadership and Team Management:

Supervise the accounts team and accounting function, guide the accounts team, allocate tasks, review performance, and meet deadlines.

Independent Working Ability:

Take ownership of responsibilities and deliver results with minimal supervision.

Financial Closing and General Ledger:

Review and Manage monthly, quarterly, and annual closing, journal entries, accruals, provisions, prepayments, reconciliations, GL and financial statements.

Interdepartmental and Supplier Coordination:

Coordinate effectively with suppliers, HR, Procurement, Operations, International Private Offices, and other departments.

Cash Flow Management:

Monitor and update daily bank balances, process local and int’l payments, including salary payments, bank reconciliations, forecast cash flow, and identify funding shortfalls in advance.

Financial Reporting and Analysis:

Prepare management reports, analyze financial performance, monitor budgets, investigate variances, and highlight financial risks.

Internal Controls, Audit and Compliance:

Maintain accounting controls and policies, coordinate internal and external audits, and ensure compliance with applicable tax and regulatory requirements.

ERP and System Implementation:

Support new accounting system implementation, review chart of accounts, validate opening balances and migrated data, conduct testing, and improve reporting accuracy.

Group Consolidation:

Manage intercompany transactions, reconcile group entity balances, and prepare consolidated reports where applicable.

Accounts Payable and Receivable from client:

Monitor supplier payments, collections from client, outstanding balances, ageing reports, and payment obligations.

Petty Cash and Debit Card Control:

Monitor petty cash and company debit card expenses, verify supporting documents, reconcile transactions, and enforce approved limits.

Fixed Assets and Property Accounting:

Maintain asset registers and accurately record property transactions, rental income, Dividend income, and related expenses.

Budget and Cost Control:

Monitor expenditure against approved budgets, investigate variances, identify savings, and recommend cost-control measures.

Payment Verification and Approval:

Verify invoices, purchase orders, LPOs, approvals, supporting documents, and account codes before processing payments.

VAT and Corporate Tax:

Ensure timely tax filings, reconcile tax accounts, maintain supporting records, and coordinate with tax consultants.

Procedures and Documentation:

Maintain accounting SOPs, closing checklists, reconciliation schedules, reporting deadlines, and organized financial records.

Management Escalation:

Promptly report overdue receivables, unreconciled balances, unusual transactions, budget overruns, cash flow issues, and other financial risks.

Confidentiality and Data Security:

Protect confidential financial and banking information