Chief Accountant - #52630

An organisation is searching for a Chief Accountant, please see some of their job details below.

We are seeking a highly experienced Chief Accountant to oversee our financial operations. The ideal candidate will have a comprehensive understanding of financial reporting standards, particularly IFRS 15, and extensive experience in managing various accounting functions, including VAT compliance, import/export documentation, letter of credits, and bank facilities. This role requires strong leadership skills to manage a team of subordinates effectively.

Key Responsibilities:

• Lead the financial reporting process, ensuring compliance with IFRS 15 and accurate revenue recognition using the percentage of completion method.
• Oversee all aspects of UAE VAT compliance and reporting.
• Manage import and export documentations, including customs clearance and trade regulations.
• Handle letter of credits and bank facilities, including managing credit lines and negotiating terms.
• Lead month-end closing activities, including reconciliations, financial statement preparation, and ensuring timely reporting.
• Supervise cost center accounting and allocations to optimize cost management.
• Utilize job costing knowledge to track project expenses and profitability accurately.
• Monitor project cash flow and provide insights to support decision-making.
• Liaise with auditors and facilitate audit processes to ensure compliance and transparency.
• Previous experience in contracting or fabrication industries is a plus.
  
  
  

Qualifications and Skills:

• Bachelor’s degree in Accounting, Finance, or related field; CPA or equivalent qualification preferred.
• Minimum of [X] years of experience in a senior accounting role, with a focus on financial reporting and compliance.
• Extensive knowledge of IFRS 15, UAE VAT regulations, and import/export procedures.
• Proficiency in managing letter of credits, bank facilities, and credit lines.
• Strong experience in month-end closing activities and financial statement preparation.
• Excellent understanding of cost center accounting, cost allocations, and job costing methodologies.
• Leadership experience, including managing a team of subordinates.
• Advanced analytical skills with attention to detail.
• Proficiency in Microsoft Excel and Word.
• Effective communication and interpersonal skills.
• Ability to work independently and collaboratively in a fast-paced environment.
  
  
  

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