Senior Accountant
REF 1665709
09.11.2024 | Dubai | full time
- General
- Location: Dubai
- Occupancy: full time
- Description
- Job Description:
1) Project reports related to Finance.
2) Negotiation with the banks.
3) Negotiation with the audit companies for Final Financial accounts.
4) Negotiation with the banks for loans.
5) Financial Reporting which includes Statement of Financial Position, Income Statement
6) Statement of Cash Flows, Statement of Change in Equity and Subsidiary.
7) Perform workings for Period Closing Monthly, Quarterly, and Yearly.
8) Supervise Daily Bank reconciliation and Bank Dealings for Clearings on daily basis.
9) Supervise Petty Cash Matters relating to Disbursements and further Funds Releases.
10) Managing Purchases accounts, Accounts Payables, Sales Accounts, Receivables (Complete Cycle).
11) Independently checking of Payroll, Leave settlements, Gratuity.
12) Increments, Promotions, and Final Settlements.
13) Checking and verification Vouchers including Bank/Cash.
14) Receipt/Payment and Journal Vouchers.
15) Meets accounting financial objectives by forecasting requirements, preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
16) Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
17) Final Statement of accounts for Audit purpose.
18) Summarizes financial status by collecting information; preparing balance sheet, profit and loss, and other statements
19) Spot errors and suggest ways to improve efficiency and spending
20) Prepare financial statements and produce budget according to schedule
21) Month-end and year-end close process
22) Develop and document business processes and accounting policies to maintain and strengthen internal controls
23) Secures financial information by completing database backups.
24) Protects organizations value by keeping information confidential.
Salary based on the knowledge, skill and experience.
The position is full time Sunday - Thursday with a competitive salary based on qualifications and experience.
- Requirements
- Proven experience as a Financial Controller, Accounting Supervisor, chief or senior accountant
Thorough knowledge of basic accounting procedures
In-depth understanding of Generally Accepted Accounting Principles (GAAP)
Awareness of business trends
Familiarity with financial accounting statements
Experience with general ledger functions and the month-end/year-end close process
Hands-on experience with accounting software packages, like FreshBooks and QuickBooks
Advanced MS Excel skills including Vlookups and pivot tables
Accuracy and attention to detail
Aptitude for numbers and quantitative skills
BS degree in Accounting, Finance or relevant
Relevant certification (e.g. CMA or CPA) will be preferred
Frequently asked questions
What does a Senior Accountant do?
A Senior Accountant analyzes various transactions and prepares monthly, quarterly or annual financial statements. They also run reports throughout the year that help them keep up with all aspects they’re responsible for on an ongoing basis.
What are the duties and responsibilities of a Senior Accountant?
The responsibilities of a Senior Accountant can include reconciling sub-ledger to general ledger account balances, preparing financial statements and assessing internal controls, including risk assessments. They perform monthly balance sheet income statement changes in financial position/budget variance analysis, assist with the design of budgets for review by management, maintain fixed assets and schedules as well as supervise accounting staff.
What makes a good Senior Accountant?
A good Senior Accountant should have sound analytical skills and advanced Excel abilities as well as knowledge in accounting procedures, including preparing month-end reports or financial forecasts for clients, among other things. A bachelors degree is required, but a master’s degree or extensive experience in the accounting field is preferred for a Senior position.
Who does a Senior Accountant work with?
The Senior Accountant reports to the Controller and typically manages a team of junior accountants in the department.
- Provisions
- Salary: to be discussed
- Employment visa provided
- Medical insurance
- Publisher
- direct employer
- up to 50 employees