Chief Accountant

Seven Tides is looking for an experienced and detail - oriented Chief Accountant to join our Finance Team.

Role Purpose

Manage the day-to-day accounting activities of the assigned Seven Tides entities, with primary responsibility for month-end closing, balance sheet reconciliations and bank reconciliations. Ensure accounting records are accurate, complete and supported, and financial reporting is delivered within the agreed deadlines.

Key Responsibilities

Month End Closing

• Lead the month-end and year-end closing process, ensuring completion within the group reporting timetable.
• Prepare and review journal entries, accruals, prepayments, depreciation and other closing adjustments.
• Review the trial balance and general ledger to identify and resolve errors and unusual balances.
• Ensure income and expenses are recorded in the correct period and allocated to the appropriate entity and cost centre.
• Prepare monthly financial statements and supporting schedules for review by the Director of Finance.

Balance Sheet Reconciliations

• Prepare and review monthly reconciliations for all balance sheet accounts, with clear supporting documentation.
• Investigate outstanding balances, follow up on reconciling items and arrange timely corrections.
• Reconcile intercompany balances and ensure transactions are consistently recorded across the relevant entities.
• Maintain accurate schedules for fixed assets, deposits, prepayments, accruals, loans and other key balances.
• Highlight aged, unsupported or unusual balances and recommend appropriate action.

Bank Reconciliations

• Ensure all bank accounts are reconciled regularly and fully reconciled at month-end.
• Verify that receipts, payments, bank charges and transfers are accurately recorded.
• Investigate and clear unmatched transactions, outstanding cheques and other reconciling items promptly.
• Monitor reconciliation completion and escalate unresolved discrepancies.

Accounting Oversight and Controls

• Review accounts payable and receivable balances, ensuring subledgers reconcile to the general ledger.
• Maintain proper documentation and approval records for accounting entries and transactions.
• Support internal and external audits.
• Coordinate with the Tax Manager on tax-related accounting and supporting schedules.
• Identify opportunities to improve accounting processes, reconciliations and financial controls.

Qualifications and Experience

• Bachelor's degree in Accounting or Finance; ACCA, CPA, CA or equivalent qualification preferred.
• At least five years of relevant accounting experience, including experience supervising an accounting team.
• Strong practical experience in month-end closing, balance sheet reconciliations and bank reconciliations.
• Experience working across multiple entities; hospitality or real estate experience preferred.
• Strong Excel and ERP skills; Microsoft Dynamics 365 experience is a must.
• Good knowledge of IFRS and UAE accounting and tax requirements.
• Strong attention to detail, ownership of deadlines and ability to resolve accounting discrepancies.