Lead Accountant, UAE

1 week ago

Sharjah, Sharjah, United Arab Emirates ENG Worldwide Full time
Job Summary

ENG Worldwide is seeking a highly skilled Senior Accountant to join our team in the UAE. As a Senior Accountant, you will be responsible for handling various accounting tasks, including cash flow management, accounts finalization, invoicing, receivables and payables management, audits, landlord's database management, analyzing site profitability, conducting inter-company reconciliations, budgeting & variance analysis, Corporate and VAT returns.

Key Responsibilities
  1. Cash Flow Management
  • Assist the manager in cash flow management to ensure accuracy, completeness, and compliance with financial regulations.
  • Coordinate with other departments to ensure smooth cash flow operations.
Accounts Closing
  • Perform month-end and year-end closing activities, including journal entries, account reconciliations, and accruals.
  • Ensure timely and accurate completion of closing tasks to facilitate financial reporting.
Invoicing
  • Generate and issue customer invoices promptly and accurately.
  • Verify the accuracy of invoice details, including pricing, discounts, and terms.
  • Monitor and follow up on outstanding invoices to ensure timely collections.
Receivables Management
  • Monitor accounts receivable balances and aging.
  • Coordinate with internal teams and customers to resolve payment discrepancies and outstanding issues.
  • Prepare and distribute periodic reports on accounts receivable status.
Audits
  • Assist in the preparation of financial statements for internal and external audits.
  • Collaborate with auditors to provide necessary documentation and address inquiries.
  • Participate in audit reviews and ensure compliance with audit requirements.
Landlords Database Maintenance
  • Maintain an accurate and up-to-date database of landlords, including lease agreements, rent payments, and lease terms.
  • Coordinate with relevant stakeholders to ensure accurate and timely recording of lease-related information.
Site Profitability
  • Analyze financial data to assess the profitability of different sites or locations.
  • Identify areas for improvement and provide recommendations to optimize site performance.
Inter-Company Reconciliation
  • Perform reconciliations between inter-company accounts to ensure accurate recording and elimination of transactions.
  • Investigate and resolve any discrepancies or variances identified during the reconciliation process.
Historical Profit and Loss (P&L) and VAT Returns
  • Maintain records of historical profit and loss statements and VAT returns.
  • Prepare and submit accurate and timely VAT returns in compliance with applicable regulations.
Requirements
  • Master's degree in accounting, finance, or a related field. ACCA, CPA or relevant professional certification is a plus.
  • Proven experience (minimum 5 years) in accounting, financial management and taxation.
  • Strong knowledge of IFRS and accounting standards, financial regulations, and best practices.
  • Proficiency in using accounting software (ERP like SAP, Oracle, Sage and Tally).
  • Excellent Excel & Presentation skills.
  • Excellent analytical and problem-solving skills with a keen attention to detail.
  • Ability to work independently and meet strict deadlines.
  • Effective communication and interpersonal skills for collaborating with internal and external stakeholders.
  • Prior experience in Signage & Media Industry is desirable but not mandatory.
  • Familiarity with relevant tax laws and regulations, including VAT and Corporate Tax.

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