Chief Accountant

3 weeks ago


abu dhabi, United Arab Emirates GatedTalent - Connecting Top Executive Search Firms And Executives Full time
An organisation is searching for a Chief Accountant, please see some of their job details below.We are seeking a highly experienced Chief Accountant to oversee our financial operations. The ideal candidate will have a comprehensive understanding of financial reporting standards, particularly IFRS 15, and extensive experience in managing various accounting functions, including VAT compliance, import/export documentation, letter of credits, and bank facilities. This role requires strong leadership skills to manage a team of subordinates effectively.Key Responsibilities:
Lead the financial reporting process, ensuring compliance with IFRS 15 and accurate revenue recognition using the percentage of completion method.Oversee all aspects of UAE VAT compliance and reporting.Manage import and export documentations, including customs clearance and trade regulations.Handle letter of credits and bank facilities, including managing credit lines and negotiating terms.Lead month-end closing activities, including reconciliations, financial statement preparation, and ensuring timely reporting.Supervise cost center accounting and allocations to optimize cost management.Utilize job costing knowledge to track project expenses and profitability accurately.Monitor project cash flow and provide insights to support decision-making.Liaise with auditors and facilitate audit processes to ensure compliance and transparency.Previous experience in contracting or fabrication industries is a plus.
Qualifications and Skills:
Bachelor’s degree in Accounting, Finance, or related field; CPA or equivalent qualification preferred.Minimum of (X) years of experience in a senior accounting role, with a focus on financial reporting and compliance.Extensive knowledge of IFRS 15, UAE VAT regulations, and import/export procedures.Proficiency in managing letter of credits, bank facilities, and credit lines.Strong experience in month-end closing activities and financial statement preparation.Excellent understanding of cost center accounting, cost allocations, and job costing methodologies.Leadership experience, including managing a team of subordinates.Advanced analytical skills with attention to detail.Proficiency in Microsoft Excel and Word.Effective communication and interpersonal skills.Ability to work independently and collaboratively in a fast-paced environment.
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