Senior Accountant

About the Role
This position is responsible for the day-to-day finance and accounting operations, including the entry of journals, management of accounts receivable and payable, reconciliation, and preparation of periodic statements in compliance with approved financial policies, standards, and procedures.

Key Accountabilities:

• Perform daily accounts payable (AP) and accounts receivable (AR) activities in compliance with the company's processes.
• Initiate invoice approval status and ensure processing timelines are managed.
• Prepare and reconcile month-end AP and AR reports.
• Regularly monitor customer receivables and follow up where required.
• Create purchase orders as per agreements and match with vendor invoices for payment processes.
• Maintain the fixed assets register in compliance with applicable standards.
• Ensure compliance with the company's Delegation of Authority (DOA).
• Perform cash management and regularly monitor cash flow and bank account balances to ensure accuracy.
• Optimize cash management by placing customer advances in interest-bearing accounts.
• Prepare month-end bank reconciliations to ensure clear reconciliation of items.
• Ensure bank deposits are reconciled and categorized correctly.
• Coordinate with banks for the issuance of bonds, guarantees, and Letters of Credits as required by project contracts.
• Review bonds, guarantees, and Letters of Credit against project requirements and initiate amendments as necessary.
• Record business transactions related to projects in the accounting register (General Ledger) in full compliance with reporting and accounting standards and financial policies and procedures.
• Perform monthly accruals and provisions for accuracy and completeness.
• Prepare monthly trial balance ensuring accuracy, quality, and timely closing of books.
• Manage monthly, quarterly, and annual closing processes, reporting, and activities in full compliance with IFRS and financial policies and procedures.
• Manage all payroll functions and accounting processes while monitoring employees' timesheets and leaves.
• Prepare monthly management reports and financial analyses as required by stakeholders.
• Prepare monthly, quarterly, and annual reports to meet group reporting requirements.
• Maintain project accounts and monitor project costs against budget.
• Perform local and foreign bank account payments and related activities.
• Ensure month-end bank reconciliations are accurate and categorized correctly as deposit, short, or long-term restricted cash.

Qualifications

• Preferred Experience:

  • At least 8-10 years of experience in bookkeeping, accounts payable/accounts receivable, cash management, UAE VAT, financial and management reporting.
  • Prior experience in renewable energy projects is preferred.

• Job Specific Skills:

  • Proficiency in Microsoft 365 applications with expertise in Excel.
  • Sound knowledge of accounting principles, standards, and regulations.
  • Proficiency and hands-on experience with Oracle ERP and other financial management software.
  • Superior data management and data analysis skills.
  • Strong time management and organizational skills.
  • Detail-oriented with a passion for accuracy.
  • Excellent interpersonal skills, with experience collaborating in a multidisciplinary, diverse, and dynamic team environment.
  • Excellent verbal and written communication skills, with the ability to explain financial terms in simple language.

Additional Information

• As part of the application process, personal information will be collected, stored, and processed.
• Personal information will be used in accordance with the Candidate Privacy Notice, which provides details on the purposes for which data is processed.