Accounting Lead
3 weeks ago
Accounting Lead(Job Number: ACC000244)
Description
Analyze ledgers and accounts to allow the reconciliation of financial data in a timely manner.
Ensure the company remains aware of its financial position on an ongoing basis.
Ensure the accuracy and integrity of the accounting records and financial systems; Strengthen internal control measures.
Prepare financial reports in line with group timelines and report to the Management team as and when needed.
Ensure proper daily cash flow management and forecast in order to identify the company’s financial needs.
Work closely with internal and external auditors during financial and operational audits, ensuring that accurate and timely information is provided at all times. Produce and validate the Ad Hoc reports and presentations upon management requests Monitor the country’s annual budget, highlight variances, and recommend remedial actions as and when needed.
Ensure proper funds are available to run the operation, including proper cash flow management (on daily basis) and forecast to be able to identify ahead of time the financial needs by amount and by type (Over Drafts, CIL, Term Loans, LGs, SBLCs, FOREX)
Manage payments/transfers to the suppliers in order to ensure they are executed on time (according to the franchise agreement or any other agreed upon terms), and notify the suppliers accordingly by sending swift copies of transfers
Ensure compliance with taxation regulations, generally accepted accounting principles (GAAP)/International Financial Reporting Standards (IFRS) and company procedures, while consulting with tax advisors and keeping abreast of tax-related laws and regulations. Recruit, train, motivate and evaluate his / her team to ensure that the department has the necessary skill base and that staff are optimally motivated and enabled to maximize their potential and contribution to the company
**Qualifications**:
Bachelor’s Degree in Business Administration with emphasis on Accounting or Finance; MBA or CPA is a plus
A minimum of 7 years of experience in a similar field
Fluency in English
Proficiency in MS Office
Primary Location: United Arab Emirates-UAE, Dubai
Schedule: Full-time
Unposting Date: Ongoing
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