Senior Corporate Accountant
Job Reference: 32339-Senior Corporate Accountant
Company: RecruitArab - recruiter
Industry: Construction
Job Title: Senior Corporate Accountant
Location: Abu Dhabi, UAE
Industry: Construction
Closing Date: 2024-09-07
Application Email: apply@emiratesrecruiter.com
Job Description:
We are seeking an experienced and detail-oriented Senior Corporate Accountant to join our finance team in the dynamic construction sector in Abu Dhabi. The successful candidate will play a crucial role in managing the financial operations of the company, ensuring compliance with regulatory requirements, and providing insightful financial analysis to support decision-making processes.
Key Responsibilities:
1. Financial Reporting:
- Prepare, analyze, and present monthly, quarterly, and annual financial statements in compliance with IFRS and local regulations.
- Ensure accurate and timely consolidation of financial statements for various subsidiaries and joint ventures.
2. Budgeting and Forecasting:
- Assist in the preparation of annual budgets and financial forecasts, working closely with project managers and department heads to gather necessary data.
- Monitor budget performance and prepare variance reports, providing insights and recommendations for corrective actions.
3. General Ledger Management:
- Oversee the maintenance of the general ledger, ensuring all transactions are recorded accurately and in a timely manner.
- Review and approve journal entries and reconciliations for various accounts.
4. Compliance and Audit:
- Ensure compliance with local tax regulations, labor laws, and corporate governance standards.
- Coordinate with internal and external auditors during audits, providing necessary documentation and addressing any inquiries.
5. Cash Flow Management:
- Monitor and manage cash flow to optimize liquidity and working capital.
- Prepare cash flow forecasts and reports, identifying potential cash shortfalls or surpluses.
6. Financial Analysis:
- Conduct financial analysis to support strategic initiatives, including cost analysis, profitability analysis, and project evaluations.
- Provide insights and recommendations based on financial data to support senior management in decision-making.
7. Team Leadership:
- Mentor and supervise junior accounting staff, providing guidance and support in their professional development.
- Foster a collaborative and high-performing team environment.
8. Process Improvement:
- Identify and implement process improvements to enhance the efficiency and effectiveness of financial operations.
- Stay updated on industry trends and best practices to ensure the finance function remains competitive and compliant.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field. A professional accounting qualification (CPA, ACCA, or equivalent) is preferred.
- A minimum of 5 years of relevant experience in corporate accounting, preferably within the construction industry.
- Strong understanding of financial reporting standards (IFRS) and local tax regulations.
- Proficiency in accounting software and ERP systems (e.g., SAP, Oracle).
- Advanced Excel skills and experience with financial modeling and analysis.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong attention to detail and accuracy in financial reporting.
- Effective communication and interpersonal skills, with the ability to work collaboratively with cross-functional teams.
- Fluency in English; knowledge of Arabic is an advantage.
What We Offer:
- Competitive salary and benefits package.
- Opportunities for professional development and career advancement.
- A dynamic and supportive work environment within a leading construction firm.
If you are a motivated and experienced accounting professional looking to take on a senior role in a fast-paced construction environment, we would love to hear from you. Please submit your resume and cover letter to apply@emiratesrecruiter.com by 2024-09-07.
Please inculde this job reference [32339-Senior Corporate Accountant] in the email when you send your application.