Accounting and Financial Analyst

4 weeks ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Al Reem Group Full time

Job Overview:

The Al Reem Group is seeking a skilled Accounting and Financial Analyst to join its team. This role will be responsible for managing payable and receivable processes, general ledger maintenance, and financial reporting.

Key Responsibilities:

  • Payable Management:
    • Manage the processing of vendor invoices, ensuring timely payments.
    • Process all accounting-related entries, including accruals, in the ERP systems by cost/revenue center, location, division, and project.
    • Account for retention, deposits, and guarantees related to accounts payable.
    • Process supplier payments via 3-way matching (Invoice, PO & GRN) on time with proper due diligence checks and validation
  • Receivable Management:
    • Manage the processing of client invoices, ensuring timely recording.
    • Follow up with the client for payment collection.
  • General Ledger and Reporting:
    • Maintain and update accounts payable/receivable reports and records.
    • Enter all revenue and sales-related entries, including billings, collections, and allocations.
    • Record fixed assets, including booking depreciation and maintaining registries.
    • Petty cash accounts management and controls.
    • Bank reconciliation.
    • Manage the Regular/Adhoc management reporting requirements & prepare the monthly financial report on the financial position and analysis including revenue, cost and capital expenditures
    • Perform other relevant functions in the finance department/section as assigned.
    • Support the commercial and other departments for any financial or operational analysis on adhoc basis or whenever required.
    • Work closely with cross-functional teams to synthesize, analyze and gather financial information.
    • Contribute to the development and execution of the company's strategic initiatives through detailed financial analysis and focus on long term stated objectives.
    • Timely and accurate closing for books of accounts.
    • Maintain accurate P&L and Balance sheet accounts.
    • Support Group Finance with required data and analysis for the group entities.
  • Payroll Management:
    • Assist in managing payroll processes and ensure timely salary recording and payments.
  • Budgeting and Forecasting:
    • Participate in the planning, monitoring, and execution of budgets.
    • Provide accurate forecasting to support financial planning activities.
  • Tax Management:
    • Ensure compliance with tax regulations and prepare necessary tax documentation.
    • Submit VAT filing on time.
  • Internal Controls:
    • Evaluate and enhance internal controls over financial reporting and processes.
    • Provide recommendations for process improvements and risk mitigation.
  • Audit Management:
    • Coordinate and manage audit requests, providing necessary documentation and support.


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