Senior Accounting Manager

• Position: Senior Accounting Manager
• Location: Abu Dhabi
• Experience: 10+ Years
• Employment Type: 12 Months Contract
• Notice Period: Immediate to 30 Days

Preferable Academic/School/Institute/Universities Background

The Accounting Manager is responsible for all areas relating to financial reporting and for developing, maintaining accounting principles, practices and procedures to ensure accurate and timely preparation of financial statements.

Key Accountabilities:

• Manages and supervises the operations of the accounting department

• Coordinate month-end closing tasks, perform month-end entries, review reports and supporting schedules and Trial Balance prior to final closing

• Reviews the consolidated monthly financial report in accordance with the Financial Reporting Standards, and management requirements

• Reviews various reports and GL schedules to monitor the accuracy and completeness of the financial information generated from the transactions.

• Prepares/coordinates adhoc reports required by management and other regulatory entities

• Manages the annual budgeting process, coordinates with department heads and Principals

• Responds to inquiries from the CFO regarding the financial results and special reporting requests.

• Collaborates with the other departments to support overall department goals and objectives.

• Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.

• Advises staff regarding the handling of non-routine reporting transactions.

• Development and implementation of new procedures and features to enhance the workflow of the department.

• Handle personnel issues relating to team performance, absenteeism, performance appraisal issues, etc.

• Undertake additional duties as required by the Line Manager appropriate.

• Manages the uploading of budget in the ERP system and handles any issues on the budget monitoring system.

• Reviews payments to Suppliers against supporting documents and ensures approvals are in line with authority matrix

• Monitors cash position, prepares quarterly cash flow forecast, coordinates any banking matters and concerns

• Reviews monthly payroll data and adhoc payments from HR

• Checking calculations for End of Service and other employee benefits.

• Reconciles staff cost accounting entries and keep track of prepaid employee benefits such as education allowance, housing allowance, airfare etc.

• Maintains the general ledger structure in coordination with the ERP team

• Work with the subordinates to ensure a clean and timely year end audit.

• Coordinates with the external auditors in the conduct of the yearly audit engagement

• Coordinates with the ADNOC Internal Audit team in conduct of timely audit and timely completion of the Internal audit observations/action plan.

• Reviews the quarterly corporate VAT returns as to accuracy and completeness