Senior Accountant

Key Responsibilities:

1. Financial Accounting & Reporting

· Manage day-to-day accounting operations and ensure accurate general ledger maintenance.

· Prepare DSR and monthly, quarterly, and annual financial statements in line with IFRS.

· Ensure timely month-end and year-end closing, including accruals, provisions, and adjustments.

· Maintain fixed asset registers and oversee depreciation accounting and capitalization procedures.

· Prepare schedules and reconciliations for audits, management reviews, and statutory filings.

· Review and reconcile all balance sheet and intercompany accounts.

· Assist in the finalization of accounts and coordinate with external auditors.

· Monitor accounting accuracy across all modules (AP, AR, GL, and inventory).

· Ensure compliance with internal financial policies and reporting timelines.

2. UAE Regulatory & Statutory Compliance

· Handle VAT filing, reconciliation, and compliance with FTA regulations.

· Oversee WPS (Wage Protection System) payroll processing and ensure timely salary transfers.

· Coordinate with Free Zone authorities or Mainland entities for license renewals, audits, and statutory updates.


3. Costing & Inventory Management

· Prepare product costing reports, variance analysis, and production cost allocation.

· Review consumption reports, wastage, and overhead absorption for manufacturing operations.

· Work closely with production and procurement teams to optimize cost efficiency.

4. MIS & Management Reporting

· Generate and analyze monthly MIS reports (P&L, balance sheet, cash flow, and ratios).

· Conduct budgeting and forecasting and support management in decision-making.

· Present key performance and variance analysis reports to management.

5. Banking, Letter of Credit & Treasury

· Handle LC (Letter of Credit) documentation, amendments, and settlements with banks.

· Manage daily cash flow, bank reconciliations, and fund transfers.

· Monitor and manage short-term and long-term financing facilities.

6. Payroll & Employee Accounting

· Oversee payroll accounting, employee advances, end-of-service benefits (EOSB), and leave settlements.

· Ensure accuracy of WPS uploads and compliance with MOL and Free Zone requirements.

7. Internal Control & Audit

· Implement and monitor internal control procedures to safeguard company assets.

· Ensure accounting policies are followed consistently across departments.

· Support external and internal audits with all required documentation.

Requirements: