Financial and Accounting Controller

4 months ago


Dubai, United Arab Emirates International Energy Resources FZCO Full time

Position: Financial and Accounting Controller

Location: JAFZA, Dubai, UAE

Overview:
As a Financial Controller and Accounting professional, you will play a vital role in managing the financial operations, ensuring accurate accounting practices, and maintaining the company's financial health. In this multifaceted role, you will oversee financial control functions, financial reporting, budgeting, cash flow management, and accounting operations. We are seeking a detail-oriented and experienced finance professional who can provide accurate financial insights, optimise financial processes, and contribute to IER's overall growth and success.

**Responsibilities**:
Financial Control and Reporting:
Develop and implement financial control procedures to ensure compliance with accounting standards, local regulations, and company policies.

Oversee the preparation of accurate and timely financial statements, reports, and analysis.

Collaborate with senior management to provide financial insights and recommendations for decision-making purposes.

Budgeting and Forecasting:
Coordinate the annual budgeting process and assist in the development of long-term financial plans.

Monitor budget variances and provide analysis to support effective financial decision-making.

Conduct financial forecasting and cash flow projections to ensure adequate liquidity for business operations.

Cash Flow Management:
Manage cash flow and liquidity, including monitoring receivables, payables, and working capital.

Implement cash flow forecasting and optimization strategies to ensure efficient fund utilization.

Develop relationships with financial institutions and oversee banking activities.

Accounting Operations:
Ensure accurate recording of financial transactions, including accounts payable, accounts receivable, general ledger, and payroll.

Conduct periodic financial reconciliations and ensure the integrity of financial data.

Maintain proper documentation and internal controls to safeguard company assets and mitigate risks.

Financial Analysis and Decision Support:
Conduct financial analysis to identify trends, risks, and opportunities for cost optimization and revenue enhancement.

Provide accurate and insightful financial reports to support strategic decision-making and drive business performance.

Collaborate with cross-functional teams to evaluate investment opportunities and perform financial feasibility studies.

Compliance and Audit:
Ensure compliance with local accounting regulations, tax laws, and statutory reporting requirements.

Coordinate internal and external ICV audits, providing necessary documentation and addressing audit queries. Prepare BS & PL for internal audits. Upload audit report and summary sheet to JAFZA website.

Stay updated on changes in accounting standards and implement necessary adjustments.

Prepare and submit VAT and Corporation tax documentation.

Qualifications and Skills:
Bachelor's degree in finance, accounting, or a related field. A professional certification is highly desirable.

Proven experience as a Financial Controller, Accounting Manager, or a similar role (preferably within JAFZA or the UAE).

In-depth knowledge of accounting principles, financial reporting, budgeting, and financial analysis.

Familiarity with local accounting standards, tax regulations, and corporate laws.

Proficiency in financial management systems and software. Preferably (SAGE) previously Peachtree

Excellent analytical and problem-solving skills, with attention to detail.

Strong leadership abilities.

Effective communication and presentation skills, both written and verbal.

Ability to work in a fast-paced environment and meet tight deadlines.

High ethical standards and a commitment to maintaining confidentiality.

Preferably FEMALE.

Join our dynamic and growing company, International Energy Resources (IER), in JAFZA, Dubai, and play a pivotal role in managing financial control, accounting operations, and driving the company's financial success. This is an excellent opportunity to make a significant impact and advance your career in finance and accounting.

**Salary**: From AED15,000.00 per month

**Experience**:

- SAGE: 3 years (required)

License/Certification:

- Are you female? (required)


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