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Chief Accountant in Dubai - United Arab Emirates

Experience: 10 - 16 yrs.
Education:Basic - Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management), PG - Chartered Accountant(Chartered Accountant), Company Secretary(Company Secretary), Inst. of Cost & Works Accountants(Cost & Works Accountant), Chartered Financial Analyst(Finance)
Nationality: Any Nationality
Industry Type: Furniture / Furnishings / Home Décor
Other Benefits:Family Medical Insurance & tickets, Paid Annual Leaves, Kids Education Allowance
Functional Area:Accounts / Taxation / Audit / Company Secretary Feb 19, 2019

Job Description

Develop & implement controls & financial practice for better effectiveness and efficiency of the department whilst providing accurate & timely advice to the organization for business decisions.

Main Job Responsibilities:

To supervise critical functions within the accounts department and monitor compliance with prescribed and accepted accounting principles (IFRS) and company procedures.

Build & implement robust procedure that records & update cash flow status; apply efficient credit policy to safeguard company interest; provide guidance on credit terms to sales team.

Investigate, review, and corrects errors and inconsistencies in financial entries, documents, and MIS reports. Establish proper handling of financial transactions and approves transactions within designated limits.

Compile and analyze financial information to prepare entries to general ledger accounts, cost centers and documents business transactions. Share financial statements and cost center reports with cross functions.

Review and control bank reconciliation to ensure minimum variances in financial statements.

Regularly review of debtors aging and follow-up with sales team to ensure Cash flow is maintained.

Monitor Cash-flow to ensure adequate bank balance at all times and to avoid interest cost.

Closely maintains and monitors the fixed assets system, maintain system of accounts and keep records on all company transactions and assets

Work with both internal and external auditors during financial and operational audits.

Actively participate in budget discussion, prepare Annual Budget in consultation with General Manager and present the same to Senior Management & Group CFO for review & approval.

Implement corrective control checks for accounts payables. Oversee & ensures all payments are made according to company policies and procedures to avoid client disputes.

Check and confirm payroll entries to ensure timely payment of staff salaries.

Implement sufficient control check for inventory through proper system review

Review, investigate and correct errors and inconsistencies reported in financial entries, documents and reports. Establish & ensure practice of effectual system in reference to collection & compiling of all financial transactions.

Supervise stock audit; recommend & implement remedial measures to impede the occurrence of variances; appropriately keep the management informed about the findings.

Devise best practices to control stock loss by conducting need analysis with concerned departments and ensure asset management.

Be the focal point for any special assignments which would be delegated as per management discretion

Adhere to all policies, guidelines and DOA as well as legal compliance.

Desired Candidate Profile

1. Degree in Finance/Commerce with professional certification such as CA/ACCA/CPA/ICWAI

2. 10 years experience in Accounts with at least 4 years as Chief Accountant / Manager role in in Joinery / construction projects / Manufacturing industry.

3. Proficient is MS office & ERP Package. Working Knowledge of SAP would be an advantage.

4. Excellent analytical and problem solving skills.

5. Effective interpersonal and communication skills

6. Ability to lead & manage diverse work force.

Keyword: Cheif Accountant, Accounting Manager, Accounts & Finance Manager, Finance Manager
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