Senior Accountant

Veolia

Dubai, UAE

Posted
Ref: OP916-88

Job description / Role

Employment: Full Time

General Overview:

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 inline with economic growth and human development by designing and implementing solutions that will have a positive impact on the environment and resources. As Veolia Resources, our goal is to build a better 21st century.

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 and in the future. Through public-private partnerships and innovative contractual schemes, Veolia is committed to achieving quantifiable results with sustainable, pragmatic environmental solutions.

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.

Context:
Veolia Gulf Water Services LLC (‘VGWS’) is a dual purpose business, hosting the HQ of the United Arab Emirates as well as managing two Operations and Management Contracts located in Warsan and Jebel Ali, UAE. The role of the finance department is not limited to keeping the company’s accounts. Its influence goes far beyond and impacts all corporate functions.
The below statements are intended to describe the general nature and level of work being performed by the employee(s) in this job. They are not intended to be an exhaustive list of all responsibilities and activities required of the position. Therefore and due to the diverse and evolving nature of VGWS activities the Senior Accountant may be required to perform additional work as instructed by top management.

General description for all VNME employees:

Exemplary behavior promoting security, safety, ethics and continuous improvement is the prime responsibility of all Veolia employees at all times during their employment period.

Safety
Complying with the safety procedures, including wearing Personal Protective Equipment (PPEs) as and when required is compulsory for all employees. Promoting a safe behavior culture, participating in toolbox talks, reporting incidents and near misses are non-negotiable principles to ensure the safety of all employees.

Security
The Near & Middle-East comprises multiple countries with complex political situations, which can generate some security risks for employees and their relatives. Appropriate behavior, in line with the local habits and culture is required, along with the strict compliance on security procedures when traveling to a country that has a certain level of risk as published by Veolia from time to time.

Cyber security
An employee can expose himself or the company to significant risk by not complying with the Company cyber security policy. Cyber Security is at the heart of the IT strategy with the SATAWAD (Safe AnyTime AnyWhere Any Device) strategy for which the commitment and compliance of each employee is key.

Ethics
The Veolia code of conduct applies to all employees and must be applied and adhered to in general and during interaction with other stakeholders to foster and maintain exemplary relations and to inspire trust for long term and fruitful relationships.

Continuous improvement
Being a world leader in sustainability and environment services brings high expectations from clients, partners and customers. Such expectations can only be fulfilled by embracing the concept of continuous improvement. Every employee is encouraged to strive towards efficiency, reduce impact on the environment and to contribute towards the wellbeing of society in order to strengthen our position as global leader.

Reference documentation
The employee shall be also comply with the following documents :
- Ethics guide
- Commitment to cyber-security
- Commitment to Occupational Health and Safety
- Manager’s code of conduct
- Commitment to sustainable development
- Security policy (including travel to high level risk country and crisis management)

Description of the Mission:

Overview
The position of the Senior Accountant accountant will be based in Dubai, United Arab Emirates.
It shall report directly to the Finance Shared Services Centre Manager and indirectly to the Finance Manager of VGWS and the UAE CFO. This position shall be primarily responsible for the management and reporting of financial data of the Company.

Tasks & Responsibilities:
- Take ownership over and closely monitor and verify the accounts on a daily basis and handle all accounting functions, duties
- Post purchase invoices, employee expense claims and liaise with ancillary departments to ensure that relevant approvals are obtained per the workflow
- Prepare the batch of supplier payments due on a bi-monthly basis, update banks and bank reconciliation statements
- Post sales invoices for both internal and external customers and control the settlements with customers by generating periodic aged analysis reports,
- Verify, allocate, post and reconcile transactions by ensuring the accounting treatment of an entity's transactions and events by supervising the quality and completeness of the accounting records as well as their adequacy with the services provided,
- Maintains reconciliation of rechargeable payroll costs, rechargeable costs with invoices re invoiced
- Reconciles and posts petty cash and bank reconciliations as at every month
- Prepare weekly/periodic cash forecast with accurate inputs
- Analyze financial information and summarize financial status as per the business requirements, prepare monthly analysis of PL, BS by business unit for major KPIs (EBITDA, EBIT, Net Profit), including a variance analysis against the base period
- Audit financial transactions and documents, prepare bank transfers and keep the record of documents/ fixed and intangible assets,
- Prepare periodic reconciliations of balance sheet accounts, intercompany balances and vendor/customer balances
- Organize yearly Inventory count with the Maintenance Manager/Procurement officer and the relevant reconciliations.
- Assistance with the closing of the periodic accounts and associated analysis and summary documents; ensure the reliability of monthly accounts in accordance with IFRS and the annual accounts in accordance with local standards and the responsibility for the financial data obtained,
- Ensure the compliance with accounting and financial procedures and internal control rules defined by the Group and statutory compliances such as VAT/ESR filing
- Liaise with other transverse financial functions, operations and business units, related parties
- Handle with minimal supervision, the annual audit of the books of account
- Contribute to the continuous improvement of the performance of accounting and financial processes with regard to the accounting and financial information systems implemented.
- Coordinating with the procurement department for creation of Vendor, resolving payable issues like amendment of LPO's, advance payments etc
- Verification and accounting of petty cash bills
- Assist in Quarterly/ Yearly inventory counts
- Entering details in IFRS-16 Lease tool

Technical Skills and Responsibilities:
- Good knowledge and practice of accounting and financial techniques (IFRS standards and local accounting and tax rules),
- Strong ability to solve complex accounting and tax issues and challenges and with other finance functions or operational departments,
- Good knowledge of accounting and financial processes for both internal control and procedural efficiency,
- Good knowledge of accounting and financial information systems,
- Ability to organize and plan the process of periodic account closings and meet accounting and tax deadlines

Requirements:

Personal Specifications:
- Bachelor’s degree in Accounting or Finance with at least 4-5 years of work experience in accounting with thorough knowledge of accounting procedures and principles
- Sector experience in construction, engineering or global multinational or similar, highly preferred
- Strong basics in GL accounting including knowledge of preparing accruals, amortizing prepaid expenses, understanding of the procurement process (PR-PO-Invoice)
- Proven financial analysis skills experience with month-end review and analysis of P&L and BS
- Experience with budgeting and cash forecasts, and creating financial statements
- Experience with handling external audits
- Experience with general ledger functions and the month-end/year end close process
- Excellent accounting software and Excel/Google sheet user and administration skills
- Accuracy and attention to detail with high focus on suppliers’ payments
- Prior experience in BC365/Navision would be an advantage

Other Relevant Information:
- The position is based in Dubai, United Arab Emirates.

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.

Candidates who applied for this job also applied for:
Accountant Easy Apply
TGC Middle East
Dubai 20 May
Senior Accountant Easy Apply
Adecco
Dubai 7 Jun
Senior Accountant Easy Apply
Richies
Dubai 30 May
Accountant / Collection Executive Easy Apply
Aon Middle East
Dubai 23 May
Senior Accountant Easy Apply
A Leading Manufacturing Company In UAE
Dubai 10 Jun
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
Senior Accountant salaries in Dubai

Average monthly compensation
AED 7,500

Breakdown available for industries and years of experience