Senior Accountant ME

KEY ACCOUNTABILITIES:

Management Reporting

• Prepare independent and robust financial analysis for the monthly management reports, quarterly forecast, and annual Final plan in timely manner to the origination.
• Monitor business KPIs, highlighting trends and analysing causes of change or negative variance to facilitate decision making by senior management.
• Provide benchmarking and financial analysis, commentaries, and presentations for executive review.
• Provide all support to internal and external auditors and promptly clarify all audit queries raised.
• Assistance and review of yearly asset valuations.
• Perform ad-hoc analysis as required.
  
  

Financial Operation

• Performs general accounting functions, maintain accounting records, and other related duties in the daily administration of the accounting department.
• Maintains general ledger to include preparation of journal entries, coding of invoices, accounts analysis and reconciliation, and closing books monthly.
• Issue invoices to internal customers, deposit and record cheques and reconcile it with the ledgers.
• Maintain reconciled balances for all general ledger with subledger records.
• Work alongside and support accounts payable and account receivable functions including processing of supplier invoices with appropriate documentation & approval and issuance of payments (online transfers & cheques issuances).
• Accrue for expenses which are not recorded at the month-end.
• Complete and submit bank reconciliation.
• Experience with banking processes and handling letter of credit procedure (internal & external)
• Performs cost accounting functions.
• Performs other duties of the same or lesser degree as required by the position or as assigned by ME Finance Manager.
  
  

Budgeting

• Assist ME Finance Manager to prepare Forecast schedules in line with the company’s policies and ensure the soundness and integrity of all budget data.
• Ensure the appropriateness and reliability of the key assumptions.
• Monitor, implement, maintain and reconcile all budgets and ensure their execution in coordination with the subsidiaries concerned and departments.
• Oversee and review variance analysis for all balance sheet and income statement line items in relation to the budget to ensure that every aspect of the company and department budget variances is analysed in detail with supporting evidence and commentary.
  
  

QUALIFICATIONS, EXPERIENCE, & SKILLS:

• Bachelor’s degree in accounting or finance-related field required
• Professional accounting qualification e.g. CPA, CMA, CA, ACCA, CFA is a plus.
• GCC experience a plus
• Min of 5+ years of experience of financial accounting and management accounting experience
• Fluency in English is a must, Arabic language skills desirable but not mandatory
• Excellent knowledge of MS Office platform
• ERP competency mandatory, MS Navision and HFM experience advantageous
• Prior banking experience admirable
  
  

Field Of Experience

• Experience of accounting within the manufacturing and production industry
• Experience in complex Group-wide accounting and reporting, preferably in a public company.
  
  

Technical And Interpersonal Skills

• Knowledge of and ability to apply international accounting standards and ERP systems.
• Knowledge of and ability to adhere to internal controls.
• Good analytical skills, vigilant and detail oriented, strong communication skills
• Strong time management capabilities
  
  

We are the ASSA ABLOY Group

Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 63,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces – physical and virtual – safer, more secure, and easier to access.

As an employer, we value results – not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions – supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.

As we welcome new people on board, it’s important to us to have diverse, inclusive teams, and we value different perspectives and experiences.