JOB DESCRIPTION / ROLE
General presentation
Providing water, energy and waste management solutions for 160 years, Veolia offers public authorities and industries with a range of water, energy and waste management services vital to human development and sustainable growth in 48 countries around the world. We continue to adapt and innovate in step with economic growth and human development by designing and implementing solutions that will have a positive impact on the environment and resources.
Our goal is to build a better 21st century, we therefore see ourselves as #resources.
Key figures:
• More than 3,000 employees in the Near & Middle East (in addition to the 5,000 for Enova which reports directly to Veolia AMO, for Facility Management and energy Efficiency contracts in the ME)
• A strong local network across the region (UAE, Oman, Qatar, Bahrain, Kuwait, KSA,Lebanon,Jordan, Turkey)
• 30 years of sustainable partnerships with more than 6,000 references
In the Near & Middle East, Veolia works with industries, governments and communities, retail and commercial businesses, to deliver innovative and sustainable solutions that are needed today, with the vision required for tomorrow.
Through public-private partnerships and innovative contractual schemes, Veolia is committed to achieving quantifiable results with sustainable, pragmatic environmental solutions.
Context
• Veolia Middle East started a new contract, to operate and maintain two industrial Waste Treatment Facilities (IWTF) in Ruwais (Abu Dhabi - United Arab Emirates) with around 200 employees.
• The Hazardous Waste Treatment Facility (HWTF or BeAAT) includes TDU, deoiling tricanter, stabilization, class I and II landfill, PCT, mercury treatment unit, and Incineration lines with a capacity around 60 KTA;
• The Natural Occurring Radioactive Materials Treatment Facility (NORM) is a new 6,5 KTA decontamination facility, including a high pressure water descaling system, incineration and encapsulation of ashes.
Position Summary
The financial accountant will be a key contributor to the timely and accurate reporting of the company’s financial results of operations. To succeed in this position, the candidate will need to have working knowledge of accounting standards and journal entries to ensure appropriate treatment of different transactions, effective communication and time-management skills to meet deadlines, and willingness to learn new processes/procedures as well as propose improvements.
The position will be located in Ruwais (~2-hour drive from Abu Dhabi).
Areas of Responsibility
• Staff Costs: review/analyse/process/post the monthly payroll and other staff-related costs, maintain/update the relevant continuity schedules to match with the GL by posting the required JVs (e.g. amortisation of prepayments, provision for end of service, etc…).
• Expense Claims: review/analyse/process/post (when applicable) the expense claims submitted by staff through various channels ensuring proper documentation and GL Coding, in addition to timely reimbursement.
• Financial Close: maintain/update the accrued expenses and all other balance sheet schedules by posting the required JVs substantiated by proper business need justification and relevant approvals in a timely manner to ensure meeting month-close deadlines.
• Government Taxes: prepare the workings for the quarterly returns of VAT and Income Tax to be reviewed and file once approved, in addition to processing the payments for the amounts due and posting the required JVs.
• Revenue & Customers: prepare the quarterly/monthly sales invoices according to procedures to be reviewed and send to customers once approved, in addition to ensuring timely collection as per contracts and posting the required JVs.
• Related Parties: reconcile balances and post required JVs for transactions with related parties including interest expense on shareholders’ loan.
• IFRS 16 Leases: update the lease tool and post the required JVs on a monthly basis.
• Banking: perform the weekly bank reconciliation and post the required JVs.
• Annual audit: support with the annual audit procedures as required.
• Other: support with other tasks and deliverables as required.
Requirements:
Qualifications and experience:• Bachelor’s degree in Finance or Accounting, a professional accounting qualification or equivalent
• 5 -7 years of relevant experience for a manufacturing/industrial company in a similar position.
• Proficiency in ERPs (BC365 preferred) and Google Suite / MS Office.
• Professional certification (e.g., CMA, DipIFR, ACCA) is desirable.
Skills and Personal attributes:
• Clear understanding of accounting entries for different transactions as per accounting standards.
• Highly organized, detail oriented with problem solving mindset, and keen to meet deadlines.
• Strong sense of ownership and commitment to deliver on assigned responsibilities.
• Tech savvy with the ability to learn new systems and spot inefficiencies to propose improvements.
• Maintain professional relationships internally and externally (e.g. other departments, customers, related parties, banks, auditors, etc…)
• Ethical conduct and compliance with applicable policies, procedures, and regulations.
ABOUT THE COMPANY
Veolia is the world's largest environmental services company.
For over 160 years, Veolia has provided public and private sectors with Water, Energy and Waste Management solutions and services which are vital to human development and sustainable growth.
With over 200,000 employees on five continents, Veolia designs practical solutions for the management (operation, treatment, distribution and/or supply) of Water, Waste and Energy. Through these three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them.
Veolia Group achieved revenues of EUR 28.5billion in 2021. (In 2020) the Veolia Group served 95mn inhabitants with drinking water, 62mn with sanitation, produced nearly 43mn MWH of energy, and recycled 47mn tonnes of waste.
Veolia aims to become the benchmark company for ecological transformation. Our goal is to build a better 21st century. We therefore see ourselves as #resourcers.
VEOLIA IN THE NEAR & MIDDLE EAST
Veolia has operated in the Middle East for over 30 years, providing innovative and sustainable water & waste services to industries, governments & communities, retail and commercial businesses.
Veolia has more than 3,000 employees in the Near & Middle East and a strong regional network of ~12 offices in the UAE, Oman, Saudi Arabia, Qatar, Bahrain, Kuwait, Jordan, Lebanon, and Turkey.
Veolia currently has over 6,000 project references of work delivered in the region, and continues to develop new projects through public-private partnerships and innovative contractual schemes.
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