Chief Accountant

Job Title: Chief Accountant

Location: Dubai

Salary: Based on experience

Job Code: 251/001/576

Industry: Electromechanical

Job Responsibilities:

Monthly Closing:

• Oversee the monthly financial closing process.
• Ensure accuracy and completeness of journal entries and reconciliations.
• Monitor and verify expense allocations and adjustments.

Financial Reporting:

• Prepare and analyze the balance sheet and profit & loss (P&L) statements.
• Provide insights and recommendations for financial improvements.
• Assist in budget preparation and variance analysis.

VAT Compliance:

• Prepare and submit VAT returns in compliance with regulatory requirements.
• Ensure proper VAT documentation and address discrepancies.
• Maintain awareness of changes in VAT laws and implement necessary updates.

Team Supervision:

• Lead and supervise junior and senior accountants.
• Provide guidance, training, and performance evaluations for the accounting team.
• Delegate tasks effectively while ensuring accuracy and timeliness.

Internal Controls:

• Implement and monitor accounting procedures and internal controls.
• Identify areas for improvement and recommend solutions to enhance efficiency.
• Ensure adherence to company policies and financial regulations.

Collaboration:

• Work closely with auditors to ensure smooth audit processes.
• Coordinate with other departments to resolve accounting and financial issues.
• Assist in the implementation of new accounting systems or software.

Job Requirements:

• Master’s degree in accounting, finance, or a related field.
• Professional certification (e.g., CPA, CMA) is an advantage.
• 5 - 8 years of accounting experience, including supervisory roles.
• Strong knowledge of financial regulations, VAT laws, and accounting principles.
• Proficiency in accounting software and ERP systems.
• Excellent analytical, organizational, and leadership skills.
• Strong attention to detail and problem-solving abilities.
• Ability to manage and lead a team.