Financial Analyst

3 weeks ago

Dubai, Dubai, United Arab Emirates Savills Middle East Full time
About the Role

Savills Middle East is seeking a highly skilled and organized Financial Analyst to join our Finance team. As an Accountant, you will play a crucial role in supporting the business on day-to-day operations of the finance department.

Key Responsibilities
  • Daily Operations
    • Handle day-to-day accounting transactions, ensuring accuracy and compliance with financial regulations and company policies.
    • Handle the Accounts payable function, ensuring timely booking and payment of suppliers.
    • Maintain the Accounts Receivable function, including A/R aging reports to track the status of outstanding invoices and follow up.
    • Perform account reconciliations and ensure integrity of GL vs. Sub ledger.
    • Provide financial reports and analysis to line manager and stakeholders, assisting in decision-making.
    • Collaborate with other departments to provide financial insights and support for various projects and initiatives.
    • Perform ad-hoc financial analysis and special projects as assigned by management.
  • Month-End Closing
    • Participate in month-end and year-end closing processes, ensuring all financial transactions are properly recorded and reconciled.
    • Prepare journal entries, posting accruals, and conduct financial analysis to validate the accuracy of financial statements.
    • Manage the company's end-to-end accounting books (record to report cycle).
  • Teamwork
    • Work with a team of accountants and support in daily tasks and operations.
    • Foster a collaborative and high-performance work environment.
  • Financial Reporting
    • Assist in preparing accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and other financial statements.
    • Ensure compliance with accounting standards (e.g., GAAP, IFRS) and company policies.
    • Drive/own and automate several aspects of management reporting, weekly/daily operational reporting, making sure that there is alignment and consistency in outputs and conclusions.
    • Assist in monthly analysis of contribution margin, breakeven analysis, Cost-volume Profit analysis, and other KPIs.
  • Forecasting and Budgeting
    • Participate in the preparation of annual budgets and quarterly forecasts, collaborating with department heads to gather relevant data.
    • Monitor budget/forecast performance, identify variances, and recommend corrective actions as needed.
  • Compliance and Audit
    • Ensure compliance with tax regulations, accounting standards, and other financial laws.
    • Prepare for and facilitate internal and external audits, responding to audit inquiries and implementing recommendations.
Requirements
  • Bachelor's degree in accounting/finance. Preferably with professional qualification.
  • At least 3+ years of working experience in a similar role.
  • Excellent analytical, problem-solving, and communication skills.
  • Strong knowledge of accounting principles, financial reporting, and tax regulations.
  • Excellent in Microsoft Excel, Power Point, and other financial reporting software applications.
  • Proficient in manipulating and managing large data sets.
  • Ability to handle multiple tasks simultaneously.
  • Attention to detail and the ability to meet deadlines in a fast-paced environment.
  • Strong leadership and team management skills.
  • Strong ethics and integrity in handling sensitive financial information.

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