Assistant Financial Controller

1 month ago


Abu Dhabi, United Arab Emirates EMIRATES PARK ZOO AND RESORT Full time

The Assistant Finance Controller is responsible for developing and documenting financial reporting policies, conducting internal audits, maintaining financial records, ensuring timely and accurate financial reporting, providing training to finance staff, and staying informed about IFRS, IAS, and VAT regulations. Additionally, the role includes overseeing daily accounting operations, preparing and analyzing financial reports, managing cash flow and liquidity, and ensuring compliance with applicable laws and regulations. Qualifications include a Bachelor's degree in accounting, finance or related field, at least 5 years of experience in financial reporting and compliance, and strong analytical, communication, and interpersonal skills.
- **KEY Responsibilities**:_
- Develop and document clear policies and procedures for financial reporting, including defining roles and responsibilities for financial reporting, setting guidelines for the preparation and review of financial statements, and establishing processes for identifying and resolving accounting issues.
- Plan and conduct regular internal audits to identify areas of non-compliance with IFRS and IAS and provide recommendations for improvement.
- Ensure that accurate and complete financial records are maintained, including keeping detailed records of financial transactions, maintaining an up-to-date chart of accounts, and reconciling accounts regularly.
- Ensure that financial reports are prepared in a timely manner and provide accurate information consistent with the principles and practices of IFRS and IAS.
- Develop and deliver training and support programs for finance staff to ensure they have the knowledge and skills necessary to comply with IFRS and IAS.
- Stay informed about any changes and updates to IFRS and IAS and update the policies, procedures, and practices accordingly.
- Overseeing the daily accounting operations of the organization, which encompasses managing accounts payable, accounts receivable, and general ledger activities. Additionally, familiarity with the purchase department's transactional activity and experience in cost controlling for their daily and monthly reports. Maintaining a strong focus on VAT compliance is also a critical aspect of this role.
- Prepare and review financial statements to ensure their accuracy and completeness of records.
- Assist in the development and implementation of financial policies and procedures, with a strong emphasis on VAT policies and procedures.
- Help to prepare and analyze financial reports, including budgets, forecasts, and financial statements, and provide recommendations based on findings, while also ensuring adherence to VAT regulations and requirements.
- Assist in the management of the organization's cash flow and liquidity, with a focus on managing VAT payments and refunds.
- Maintain a system of internal controls to ensure the accuracy and completeness of financial records, including VAT records, and ensure compliance with VAT regulations and requirements.
- Assist with the preparation of financial audits, tax returns, and VAT returns, and ensure compliance with all applicable laws and regulations, with particular emphasis on VAT compliance.
- Provide support to the Finance Controller on special projects and initiatives related to VAT compliance as needed, demonstrating a deep understanding of VAT regulations and requirements.

**Qualifications**:

- Bachelor's degree in accounting, finance, or related field.
- Professional certification such as ACCA, CPA, or CFA is preferred.
- At least 5 years of experience in financial reporting and compliance, with a focus on VAT compliance.
- In-depth knowledge of IFRS and IAS, as well as VAT regulations and requirements.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively in a fast-paced environment.
- Strong attention to detail and accuracy.
- Proficiency in Microsoft Office, particularly Excel.

Ability to commute/relocate:

- Abu Dhabi: Reliably commute or planning to relocate before starting work (required)

Application Question(s):

- How Many years do you have as Assistant finance controller in UAE?
- How Much your Current Salary?
- How Much Your Expected Salary?
- What's your visa status?


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