Company Abu Dhabi Polymers Company Ltd. (Borouge)
Function Finance ME
Job Group Finance & Accounting
Location UAE - Abu Dhabi
Contract Type Full Time / Permanent
Closing Date 30-Aug-2018
About the Job Role Purpose & Responsibilities:
The jobholder is responsible to contribute the accounting function at a senior level; and to implement the policies and procedures related to finance (asset, inventory accounting and accounts receivable); also to ensure the assets creation, capitalization, inventory status are accuracy in books of accounts and to ensure team members are timely issuing the invoices & recover the dues from customer.
Key Accountabilities: - Accountable for recording the cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and accounting for the disposition of fixed assets
- To ensure the accurate and timely recording of transactions in his/her area of responsibility either through proper supervision of those reporting to him/her or through own actions
- To ensure the integrity of General Ledger Accounts and support Ledgers under his/her responsibility through proper reconciliations with physical counts, outside statements and any other measure deemed appropriate
- To complete or supervise the completion of month end closing processes and preparation of schedules according to the company timetable
- To cooperate fully with external auditors during the course of the annual audit, government audit or other by giving verbal explanations, descriptions and demonstrations as required
- To prepare or supervise the preparation of the usual analyses, breakdowns required for the annual audit and other ad hoc explanations requested by external auditors
- To cooperate fully with any internal auditors during the course of the audit giving verbal explanations, descriptions and demonstrations as required.
- To maintain accounting procedures and SAP manuals
- To ensure proper segregation of duties and other internal controls are in place to safeguard the accuracy of accounting records and company’s assets
- To maintain good communication and maximum cooperation with other senior accountants, Accounting manager and other members of Accounting Department
- To devise appropriate KPIs to staff reporting to the Senior Accountant
- To develop and apply training program to junior accountants
Job Specific Accountabilities:
- Physical verification for fixed asset class as per procedure and policy
- Ensure a proper booking of Fixed Asset Register
- Timely update assets register, accuracy of deprecation calculation and reporting
- Ensure the requirements of the internal auditors and external (controls review of fixed assets) are met
Generic Accountabilities:
- Conduct Stock count in all hubs inside and outside UAE once a year
- Inventory ageing reports analysis and raise for action of slow moving inventories
- AR ageing and update the accounts receivables reports on timely and accuracy
- Advance analysis of fixed assets, inventory data and reporting
About You Education: - University Degree in Finance, Accounting or related fields.
- CMA, ACCA, ACA is an advantage
Experience: - Minimum 7-8 years of related experience in accounting, preferably in a corporate environment
- Knowledge of ERP systems, preferably SAP
- Knowledge of relevant policies, procedures and regulations
- Understanding of Borouge and its businesses
- Good presentation and interpersonal skills
- Good communication skills with a strong command over both English and Arabic languages is preferred
- Data analysis and report writing skills
- Problem solving and decision making abilities when critical situations arise
Competencies: - Interpersonal communication and negotiation competencies
- Systems orientation in planning
- Proficiency in English and native language
- Competency in relevant systems/ tools
- Ability to make presentations
- Auditing skills
Note: you will be required to attach the following: 1. Resume/CV
2. Passport-size photograph
