Accountant

The role?

The UAE Accountant oversees the financial operations of both FZE and UAE entities, ensuring effective management of budgets, forecasting, reporting, and compliance. This role serves as a strategic partner to UAE operations, performing project accounting to drive financial performance and support business objectives.

Main Responsibilities & Key Result Areas

Financial Reporting:

• Prepare accurate and timely monthly, quarterly, and annual financial reports for UAE in line with deadlines
• Prepare accurate project accounting analysis month to month for UAE projects.
• Oversee budgeting and forecasting process across UAE FZE entities
• Ensure compliance across both FZE and UAE entities with corporate reporting standards and regional regulatory requirements.
• Entry of supplier invoices and credit notes to accounts payable ledger.
• Record Good Received Note in NAV.
• Preparation of Payment Runs.
• Treasury activities - posting of payments, maintenance of Bankbook, petty cash and bank reconciliations.
• Assist in Preparation of Weekly Cash Activity report.
• Dealing with / resolving supplier queries.
• Vendor Down payment Clearance.
• Reconciliation of supplier statements.
• Record Intercompany Invoices.
• Month End - Accrual of OPEN PO & Supplier Invoices.
• Petty Cash Disbursement.
• Filing of supplier invoices, statements & Payment/Petty Cash Vouchers.
• Creation of Sales Invoices & Customer Follow ups.
• Lead on Audits.
• Adhoc duties as required by MEC Finance Manager.
• Prepare Receivables Watch list reports.

Operational Oversight:

• Collaborate with UAE operational teams to improve cost efficiency and profitability.
• Adhere to the implementation of financial policies, procedures, and systems across UAE.

Compliance and Risk Management:

• Ensure compliance with local tax, regulatory, and legal requirements delivering returns in line with local and regional deadlines.
• Ensure business functions in line with the DOA and other control-based mechanisms
• Ensure monthly reconciliation of balance sheet accounts
• Support internal and external audits, addressing any findings effectively.

Process Improvement:

• Identify opportunities to streamline financial processes and enhance accuracy.
• Support the adoption of new technologies and tools for financial management.
• Drive initiatives to improve financial information provided to support businesses in their decision-making process