JOB DESCRIPTION / ROLE
The client is a large family group based in Dubai with operations in a number of industry verticals.
Reports to: Director of Finance
Purpose:
- This position will be responsible to maintain accurate accounting records according to IAS.
- Manage the department at the highest level of performance.
- Insure companys policies & procedures related to the financial matters are followed.
- Coordinate with other divisions managers to enable the company moves towards achieving the targets & budget.
- Insure proper costing for companys purchases.
- Control and monitor the costs, seek ways to reduce the extras/avoid the unnecessary costs without effecting the operations.
- Report to the Management any areas of weaknesses or incidents which might cause issues, losses to the company.
Duties and responsibilities:
- Manage & Supervise the daily accounting tasks and responsibilities according to the international accounting Standards.
- Update and reconcile the companys records of cash, assets inventories, receivable and payables.
- Interact and co-operate with operational management to achieve the companys target.
- Prepare monthly and annual financial reports and submit it to the management in appropriate time.
- Prepare budgets, cash flow projection.
- Assist and co-operate with auditors to finalize the task of restructuring and creating the policies and procedures of the company.
- Receive and forward the accounting information, documents and reports to the different users.
- Communicate with banks for financial matters and handle all banking transactions such as LCs, LGs, letters and applications.
- Prepare the financial planning and feasibility studies for the new projects.
- Inspect and review the financial terms of new contracts.
- Negotiate with vendors and creditors for better terms and rates.
- Review the costing for the new purchases of stock and assets.
- Random and spot audit on the work in progress and opened job cards.
- Random and regular check on the company assets of fleet and inventories.
- Insure the group companies and its assets are covered by necessary insurance policies.
- Monitor the liquidity and manage the working capital.
- Follow for collecting companys debts and regular inspection to the system and manual receipt voucher and allocations.
- Monitor and control the company assets and over heads to cut the unnecessary costs.
- Monitor the IT accounting operating systems and report any issues/variances found to the management and the related IT department, follow up resolving any related issues.
- Ensure the safe keeping & archiving of accounting records and related documents in appropriate manner.
- Ensure periodical backup of accounting system data and other MS Office workings.
- Liaise with the auditors to complete the audit tasks.
REQUIREMENTS
- A Bachelors degree in accounting, or a Bachelors degree in business with emphasis in accounting, required from a from a credible college or university,
- Member of any professional body of Accounts/ Audit/Finance or Certification from recognized Institute of Accounts or Finance
- Must be a perfectionist by nature, with no tolerance for financial sloppiness.
- Must be highly skilled in dealing with financial and numeric data.
- Must be highly skilled in use of Excel Spreadsheets.
- Must be skilled in use of MS Word and must be a very good writer in order to handle the administrative needs of the department.
- Must have very good verbal skills.
- Must have excellent work habits, including a willingness to work the hours necessary to get the job done, especially when important deadlines cause greater than normal departmental pressures.
- A minimum of 5 to 7 years experience in accounting supervisory role is required.
Working Conditions:
- Regular working hours are from 8:00 AM to 6:00 PM 5 days a week.
- The job can entail long hours and a degree of stress to meet the deadlines of Management Reporting.
ABOUT THE COMPANY
AXIZ Consulting is based in the Dubai International Finance Centre and offers a bespoke, highly consultative recruitment service to local and international organisations across the GCC in both professional services and primary industries. Its founding two members come from a blend of executive search and contingent recruitment and they have taken some of the best practices of executive search and applied this to contingent recruitment in order to produce a service which offers maximum value to clients.
In order for us to build a successful company, we identified a core aim: to offer our clients a service that surpasses that of our competition. In order to do this, we have put into place both internal and external processes that ensure clients receive a consistent and professional service which gets the right results, in the right way.
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