About The Position
Position: Accountant
Place of Employment: Dubai
Summary Of Role
The Accountant involves overseeing various financial responsibilities, with a focus on payroll, managing company funds, and other finance-related tasks.
Tasks & Responsibilities
- Oversee the end-to-end payroll process, ensuring accuracy and compliance with relevant regulations.
- Process payroll transactions, including salary calculations.
- Address payroll inquiries and discrepancies, collaborating with HR and employees as needed.
- Manage company funds and financial assets efficiently.
- Monitor cash flow and liquidity to support daily operations and financial stability.
- Execute financial transactions, including disbursements and receipts, in accordance with company policies.
- Maintain accurate and up-to-date financial records, ledgers, and journals.
- Record all financial transactions and ensure proper documentation for auditing purposes.
- Reconcile financial statements and resolve any discrepancies.
- Prepare regular financial reports, including income statements, balance sheets, and cash flow statements.
- Provide financial analysis and insights to support decision-making by management.
- Ensure compliance with accounting standards and regulations.
- Stay updated on relevant financial regulations and compliance requirements.
- Implement and enforce internal controls to safeguard company assets and ensure financial integrity.
- Assist in audits and respond to audit inquiries, as necessary.
- Contribute to the budgeting and forecasting processes, providing financial insights.
- Collaborate with other departments to gather information for budget planning.
- Provide financial guidance to management on cost-saving opportunities and financial strategies.
- Support strategic decision-making by providing financial perspectives.
- Collaborate with cross-functional teams, including HR and other departments, to achieve company goals.
- Identify and implement process improvements in financial operations.
- Stay abreast of industry best practices and recommend enhancements to financial procedures.
- Undertake additional finance-related tasks as required by the company's evolving needs.
Experience / Personal Requirements
- Bachelor's degree in accounting, finance, or a related field. An advanced degree or professional certification (e.g., CPA) is a plus.
- Minimum of 5 years of experience in accounting or finance roles.
- Proven experience in payroll management, fund management, and other finance-related tasks.
- In-depth knowledge of payroll processes, tax regulations, and compliance requirements.
- Experience in handling complex payroll scenarios, including benefits administration.
- Strong financial acumen and understanding of accounting principles.
- Demonstrated experience in managing company funds, cash flow, and financial assets.
- Proficient in using accounting software and ERP systems.
- Advanced skills in Microsoft Excel for financial analysis and reporting.
- Up-to-date knowledge of accounting standards, tax regulations, and financial compliance.
- Experience in ensuring compliance with relevant laws and regulations.
- Excellent verbal and written communication skills.
- Strong analytical and problem-solving skills.
- Ability to analyze financial data, identify trends, and provide meaningful insights.
- Proven ability to collaborate effectively with cross-functional teams.
- Experience working closely with HR, management, and other departments.
- Exceptional attention to detail in financial record-keeping and reporting.
- Thoroughness in reconciling financial statements and resolving discrepancies.
- Ability to adapt to changing priorities and deadlines in a dynamic work environment.
- Willingness to take on additional responsibilities as needed.
- Demonstrated integrity and ethical conduct in handling financial matters.
- Trustworthiness in managing sensitive financial information.
- Commitment to staying updated on industry best practices and evolving financial regulations.
- Willingness to pursue professional development opportunities.
- Leadership experience or qualities, as the role may involve overseeing junior finance staff.
- Ability to lead projects and initiatives within the finance function.
- Proven ability to identify and address financial challenges proactively.
- Capability to propose and implement solutions for process improvements.