Senior Accountant

Description:

Qanawat is looking for an experienced and hands-on Accountant with a passion for getting things done. This is a fast-paced position that involves handling finance and administration related functions for our Dubai office.

1. Ensure finances are managed according to legislation, policies and procedures, and IFRS:

· Prepare detailed financial reports and statements.

· Provide financial and accounting advice, direction and leadership.

· Ensure compliance with financial legislation, policies and procedures.

· Develop and implement purchasing practices and monitor purchasing processes.

· Prepare tender documents and administer contracts.

· Respond to auditors’ comments concerning finances and operations and oversee required actions to address deficiencies.

· Establish and maintain cash controls.

· Monitor department spending and recommend corrective actions as necessary.

· Reconcile general ledger accounts.

2. Financial Accounting:

· Manage and review Qanawat general ledger entries, verify accuracy and compliance, and ensure that all entries are supported with valid documentation

· Handling the payables process including processing invoices, ensure accurate payments to CPs and other payables, monitoring payment terms and maintaining appropriate records & reconciliations

· Prepare monthly cash flows and cash forecast report to ensure sufficient funds for operating business

· Prepare monthly profit and loss statement.

· Monitoring bank accounts, follow up the bank transfers ,and preparing the monthly bank reconciliations

· Track and monitor revenue for accuracy, verifying it against sub ledger report on monthly basis

· Maintain appropriate record for Fixed Asset and prepare Monthly depreciation Sheet

Reviewing and handling the monthly payroll account.

Job-Specific Competencies required to successfully perform the job

• Bachelors Degree in Accounting and at least 8 years of experience.
• Knowledge of finance, accounting, budgeting, and cost control principles including.
• Generally Accepted Accounting Principles.
• Knowledge of financial and accounting software applications.
• Knowledge of federal and state financial regulations. Ability to analyze financial data and prepare financial reports, statements and projections.
• Must have advanced skills in Excel (including but not limited to macros, pivot table, V-Lookups and queries).
• CMA qualification ideal
• Highly detail oriented and organized in work
• Ability to act and operate independently with minimal daily direction from manager to accomplish objectives