Assurance - OAS - Accounting Advisory - Senior Associate

PricewaterhouseCoopers

Dubai, UAE

Posted
Ref: HP639-1940

Job description / Role

Employment: Full Time

Assurance - OAS - Accounting Advisory - Senior Associate - Dubai (UAE National)

Line of Service
Assurance

Specialism
Assurance

Management Level
Senior Associate

Job Description & Summary
Line of Service Overview

Our Middle East Assurance practice includes nearly 1,600 people based in 12 countries across the region and is part of PwC's global network of over 91,000 assurance professionals operating from 157 countries worldwide. We have delivered audit and assurance services in the region for over 40 years. Our people are aligned to different industry teams, so our clients can be confident that they will receive advice, which is tailored around the unique challenges and opportunities that they encounter.

Business Unit Overview

PwC's Accounting Advisory Services is a group of highly-experienced professionals providing professional advisory services to clients as they navigate complexities associated with accounting change, whether that be relating to new accounting standards, moving from one accounting framework to another, or dealing with transactional related accounting complexity.

PwC's Accounting Advisory Services is a group of highly-experienced professionals providing professional advisory services to clients as they work their way through the regulatory and technical aspects of complex situations, from assisting them prepare to raise funds, to the issuance of debt or equity securities and further compliance with the listing obligations. Accounting Advisory also advises our clients navigate complexities associated with accounting change, whether that be relating to new accounting standards, moving from one accounting framework to another, or dealing with transactional related accounting complexity.

Note this position is for UAE Nationals

About our Accounting Advisory practice

Our team includes accounting specialists with extensive IFRS, IPSAS and other accounting framework capabilities, combined with industry expertise primarily in the financial services, government, energy and telecommunications industries. Our team also has access to the global PwC network, which means that we can readily access industry expertise on any type of complex transaction. 

More about our Accounting Advisory practice

We assist clients as they plan and execute their capital market transactions. Whether the planned transaction is a local, regional or international listing, our team has the requisite expertise and skills to assist, and typically advises on IPO readiness diagnostics, supporting companies remediate IPO readiness findings and get ready for an IPO, comfort letter work including 144A and EMTN programme comfort letters, IPO diligence reports including working capital report, and pro forma financial information support.

About the Accounting Structuring practice

We advise clients on structures that are designed to reflect the spirit and intent of the applicable financial reporting principles, while at the same time addressing how tax, corporate finance and regulatory concerns impact the transaction, leveraging deep knowledge of stock exchange and regulatory processes. Technical accounting focus areas include financial instruments, business combinations/ purchase price allocations, consolidations, leasing, fair-value assessments, convertible securities, stock-based compensation and revenue recognition.

Responsibilities:

- The role sits within a rapidly growing part of PwC's Accounting Advisory team within our Middle East Other Assurance practice.
- You will be an integral part of the team responsible for the delivery of accounting solutions across a range of sectors.
- You will have access to all of the latest training and development tools and the support of the wider PwC network.
- You will be required to possess a strong ability to work under pressure and manage your time, as the delivery role requires the creation of high quality of complex client deliverables that will be submitted for the managers and partners' reviews;
- Ability delegate to more junior members to provide opportunities, and coach to help deliver results;
- Ability to try out new ideas and propose innovative solutions to problems;
- Using a broad range of tools and techniques to extract insights from current industry or sector trends;
- Working with others to gather information from different sources when analysing and solving complex problems;
- Possess a solid knowledge of IFRS and prepare technical discussion papers for discussion with global industry experts and apply your critical thinking to provide our clients with high value and technically robust solutions;
- You are expected to keep developing your knowledge of IFRS and accounting matters and the impact on our clients so you can help shape their thinking and our success in the market;
- Take opportunities for exposure to different businesses, industries and markets;
- You will be working with colleagues in all Middle Eastern offices on client work and internal initiatives as well as with international teams where appropriate;
- Keeping up to date with current trends from the region and from across the world;
- You will also be expected to build and maintain positive, productive and professional relationships with client personnel and colleagues;
- Developing yourself personally, taking a keen interest in trends in capital markets and accounting matters and the impact on our clients so you can help shape their thinking and our success in the market.
- Maintain positive energy in the face of obstacles or when dealing with complex situations;
- Provide supervision, continuous assistance and feedback on performance to associates; seek and provide upward feedback;
- Participate with the managers and partners in the resolution of significant issues by researching, documenting and communicating them to the audit team, particularly matters requiring consultation and raised by the audit team.

Requirements

Requirements: 

- UAE Nationals may apply
- Education: Bachelor's degree or equivalent in business studies, accounting or finance;
- Mandatory start one of the following qualifications: One of the following qualifications are mandatory for the candidate to perform the role: ACA, ACCA, CPA; or in the final stages of achieving the certificate
- Years of Experience : 3-5 years of audit or other relevant experience in a Big 4 firm preferably within the Middle East.
- Any accounting conversion (IFRS/ US GAAP / Local GAAP /IPSAS) experience is beneficial. Similarly, any Middle East accounting or auditing experience is beneficial; 
- Candidates with any experience of undertaking accounting advisory engagements (as outlined in business overview) will be preferred.
- Excellent organisational skills, having the ability to prioritise workload whilst being resilient and being able to cope well under pressure and meeting tight deadlines;
- Excellent communication skills (verbal and written), fluency in both English and Arabic;
- Strong math and research skills, presentation skills, and implementation skills;
- In-depth understanding of IFRS and general accounting principles as well as Local GAAP;
- Solid understanding of MS Office word, excel and PowerPoint softwares;
- Ability and willingness to travel within the Middle East and worldwide where the project dictates;
- The candidate will be achievement oriented with the ability to be flexible and adaptive on a daily basis.
- They will be able to work independently and as part of a team with a fast pace and a high energy that will translate into a high quality output;
- Ambition: Candidate should have a clear objective to develop a career in accounting advisory work as outlined in the business overview.
- Excellent organisational skills, having the ability to prioritise workload whilst being resilient and being  able to cope well under pressure and meeting tight deadlines;
- Interpersonal skills: The role requires interacting with regional and international law firms, investment banks and senior management of our clients so the candidate should have excellent interpersonal skills.
- Strong interest and passion for enhancing technical accounting skills;
- Strong interest and passion for developing skills on using technology to enable efficient delivery.

About the Company

PwC firms help organizations and individuals to create the value they're looking for.

We're a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. PwC is the brand under which member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide services. Together, these firms form the global PwC network.

In our 3 key areas of business or Lines of Service Assurance, Tax, and Advisory we work with our clients from business start ups to the worlds leading organizations to measure, protect and enhance the things that matter most to them.

We help our own people to learn, discover, develop and make a real difference all the way through their working lives. And we have big ambitions to grow.

PwC Middle East Region is part of what we call the Central Cluster and includes the UK, Europe and Africa as well as the Middle East. The region consists of 12 markets - UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, Egypt, Libya, Iraq and Palestine.

PwC has been established in the region for over 40 years, we already employ over 4500 people and we are on course to become the Middle East number one professional service firm.