Assistant Controller

Job description / Role

Our client a multinational company in the DIFC require an Assistant Controller to support local Director & Acting Business Partner for the Middle East region with day to day running of the Dubai based finance team

Salary 25-30,000 AED

Duties:
- Statutory compliance, accounting and audit (incl supervision of outsourced statutory accountants)
- Tax compliance (in cooperation with local advisors)
- Controlling of local engagements (incl Working capital management) o Reporting, as-hoc analysis, forecasting and planning

Operations:
- Assistance to consultants in project management
- Assistance to consultants in business development, requests for proposals and client administrative related matters

STRUCTURE – Middle East Region
Legal entities: Dubai (FZ), Abu Dhabi (FZ), Qatar (FZ), Saudi Arabia. Tax PE: Kuwait.

REPORTING RELATIONSHIPS
- Position directly Reports to: Unit Financial Director – Middle East
- Position dotted reports to: Unit Leader - Middle East Region
- Position cooperates with: Finance teams in Dubai, Dusseldorf, London and Corporate; as well as other local functions (HR,Staffing, Office Manager, Legal)
- Position(s) Supervised: four local accountants, as well as outsourcing partners

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES
- Structures and directs financial accounting and reporting activities, both for IFRS and local GAAP reporting.
- Ensure compliance with internal controls and policies as well as regulatory and statutory requirements.
- Continuously monitor financial processes and identify/ implement process enhancements.

Finance Job Description
- Supervise and coach the Dubai-based Finance team.
- Manages m onth-end accounts reconciliation and cash balances, as well as reconciliation of IFRS to statutory accounts.
- Supervise and potentially performs all accounting activities including but not limited to GL,WIP, AR, AP, Time+Expense, Cash management, Fixed assets, Intercompanies, Tax Reporting including deferred taxes, Transfer Pricing, Payroll cycle.
- Supports preparation of reports to summarize and forecast business activities and financial position of each entity and Unit. Prepares ad-hoc analyses as required.
- Consults and advises management on financial issues, business development, compliance, risk management. Provides support to consulting staff for financial components of new business proposals.
- Manages working capital by closely following the Work in Progress and Account Receivables as well as interacting with clients to smooth the administrative processes.

Requirements

- Bachelor’s degree in accounting/finance or an advanced degree.
- Chartered accountant exam,
- Required Knowledge:
- Strong knowledge of regulatory compliance and accounting standards o IFRS a must
- Local GAAP (among ME countries) an advantage
- Good knowledge of audit and tax
- Strong command of both oral and written English
- Additional languages (in particular Arabic) an advantage
- Minimum 5 years of Big 4 and/ or accounting leadership experience in a sizeable global organization in the Middle East region, including General Ledger and Subledger activities, budgeting and financial modeling.
- Team leadership experience preferred.
- Professional services industry experience desirable, but not essential.

Skills/Abilities:
- Strong accounting, analytical, numerical and structural skills
- High standard of communication, presentation and inter-personal skills
- Good working knowledge of Microsoft Excel, Word and Powerpoint
- Understanding of Accounting software and systems
- Self-driven, highly motivated team player who understands the implications of collaborating in a truly global environment
- Ability to work independently, achieve consensus and drive action through to completion
- A willingness to look at the detail where necessary but able to provide clear advice on the bigger picture.

Finance Job Description
- Ability to maintain highest degree of precision even under significant time pressure
- Competitive remuneration package with all benefits.
- Career path offered within a leading global service organization.
- Team-based, collaborative and inspiring working environment

About the Company

BWP is a privately owned, top-end, low volume specialist recruiter with an emphasis on the Middle East markets.

The company has pedigree, a pedigree that comes with over 30 years combined experience of the local markets and from the capabilities of our staff and from their intimate knowledge of all major white collar sectors in the MENA region.

As well as our bespoke search capacity, we are also able to professionally and knowledgeably advise on all aspects of the human capital dimension; from salary surveys and recruitment strategies to general HR policy , development and training.