P&o Maritime Logistics

2 months ago

Dubai, United Arab Emirates DP World Full time

**ABOUT THE ROLE**

The Management Accountant is responsible to manage and assist the regions in planning, organizing, directing, and controlling their functions by providing and analyzing all necessary and qualitative information in a timely and accurate manner.

The role is also required to manage the revenue accounting for the MENA region along with follow-ups of customer outstanding balances.

**KEY ACCOUNTABILITIES**

**Monthly Reporting**
- Preparing & developing monthly income statement with applicable accounting policies as per the group with Budget/reforecast variances along with necessary explanations on major items.
- Ensure all revenue is accounted in accordance with the various customer contracts whilst ensuring there is no revenue leakage through unbilled revenue.
- Timely follow-up of outstanding balances and preparations of debtor reports to be analysed and discussed within weekly meetings with commercial team.
- Obtain a thorough understanding of the contract handover summary prior to each contract being finalized and to understand all the revenue points within the contract. Liaise with relevant stakeholders to obtain additional information where necessary.
- Preparing monthly balance sheet schedule with major items of reconciliation like fixed assets, major accruals, receivable & other supporting details.
- Controlling & maintaining fixed assets register, run monthly depreciation module after necessary adjustments and capitalization to Fixed Assets, movement of assets to inter region.
- Providing monthly schedule to corporate finance team for consolidating monthly group reporting, not limited to but including overall revenue billing summary, vessel utilization summary, customer outstanding ageing, etc.

**Budgeting & Forecasting**
- Involving in preparation of yearly budget & quarterly forecasting Vessel-wise for UAE, Qatar, Saudi & Subsea region.
- Co-ordinating with each business unit head and in charge of the operation team for gathering necessary information for finalization of budget/forecast.
- Ensuring that final approved budget/forecast are matching & uploading to financial tools like JDE.

**Audit & Assurance**
- Handling external financial/tax assurance team from UAE, Qatar & Saudi and finalizations of audited financial statement and submission of annual returns to relevant authorities.
- Providing all the relevant explanations & information for smooth closure of audit related queries
- Providing & ensuring all the relevant information are given to group auditor for group consolidated financial statements.

**Compliance**
- Preparing & assisting in IKTVA report for compliance with Saudi Aramco requirement who is the major client in Saudi.
- Gathering all the necessary information and providing guidance for ICV report preparation for UAE and Qatar clients requirements.

**Adhoc & Others**
- Preparing & facilitating ad hock cost model for commercial team.
- Providing all the necessary guidance to Saudi & Qatar country accountant for timely & effectively completion of routine jobs.
- Working on other ad hock projects or assignments received from time to time from line manager.

**QUALIFICATION & EXPERIENCE**

**Minimum Qualifications**:

- Post-tertiary CA Inter /CPA qualifications

**Minimum Experience**:

- Minimum 5 years financial/Accounting experience
- Sound knowledge of international (IFRS) accounting standards and practices
- Exposure to year end processes

**KEY ATTRIBUTES**
- Attention to detail and precision are required to ensure that standards are met accurately and without error. Research, use of formulas, gathering of facts, and inspecting to specification are important aspects of this job.
- The job occupant should be a perfectionist, organized, thorough, enjoy challenging situations and have the persistence to see a job through to conclusion. Getting things right, attention to detail, ensuring quality and standards are met and reducing error to a minimum are important factors in this position.
- The incumbent will be a logical and systematic person, conventional, accurate, shrewd, methodical, dependable, self-starter, serious, probing, objective, self-reliant, and inquisitive by nature. Standard operating procedures and clearly defined guidelines are important to the role.

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