- Implement the Finance function's strategic goals, business plans, budgets and resources in coordination with the CFO
- Develop adequate policies and processes for the Finance & Accounting function to maintain efficient operational excellence
- Communicate the Finance & Accounting function's guidelines and processes to employees and ensure clear understanding of these guidelines
- Work towards achieving the Finance & Accounting function's strategic objectives and report progress to management
- Contribute to the assessment of the financial feasibility of new services projects through the participation in various committees and meetings along with the CFO
- Review financial feasibility studies conducted for new projects and discuss findings with the CFO
- Manage and monitor CAYAN accounting activities including general ledger, accounts payables, accounts receivables, payroll, fixed assets, period-end / year-end closing processes, consolidated accounts and tax filing
- Manage and review CAYAN general ledger entries, verify accuracy and compliance with the established rules and accounting principles, and ensure that all entries are supported with valid documentation
- Provide accurate, comprehensive and timely information regarding CAYAN Dubai financial status through the utilization of effective accounting concepts, principles, procedures and on-time monthly closing and preparation of trial balance
- Monitor CAYAN Dubai ledger accounting (reconciliations, maintaining sub ledger, posting to general ledger, bookkeeping, etc..)
- Review and approve accounting transaction adjustments
- Ensure reconciliation is performed monthly, quarterly, and at year-end closing
- Ensure the monitoring and recording of disposal or transfer of assets
- Monitor the status of pending critical payments and carrying out the required action to reduce delays affecting operations
- Ensure CAYAN Dubai compliance with the International Accounting Standards
- Manage the development and maintenance of CAYAN Dubai companies Chart of Accounts and ensure general ledger data and information integrity
- Manage and monitor the payroll payment processing to CAYAN Dubai personnel in coordination with Human Resources & Administration function
- Monitor and track receivables accounting activities including customers accounts, invoices, billing and transaction entries
- Manage fixed assets transactions including additions, retirements, and depreciations and maintain updated fixed assets master record (i.e. asset category, asset description, cost, depreciation rate, location …)
- Ensure period-end and year-end closing of books and prepare periodic financial statements and reports for CAYAN activities in Dubai
- Manage Tax optimization issues and ensure that CAYAN's taxation policies and practices are consistent with local governmental laws and regulations
- Facilitate the annual audit activities with internal and external auditors by coordinating provision of information required, clarifications required, etc. to ensure that the year-end audit package is accurate and complete
- Consult with the CFO with regards to financial and operational targets
- Set the main guidelines for the design of the financial performance measures
- Monitor the overall expenditures while ensuring it is working within defined budget parameters
- Follow up on expenditure and supervise data comparison of various budget items
- Provide accurate, comprehensive, and timely information regarding the financial status of CAYAN Dubai activities through effectively utilizing accounting concepts and principles
- Prepare periodic (monthly, quarterly and year-end) management performance reports and financial statements showing key performance indicators, trends, comments on budget variations, relevant outside information, risks and areas that require management attention
- Review monthly financial statements before issuance in order to ensure that the data presented to the management is accurate and reliable
- Prepare monthly consolidated cash balances reports for CAYAN activities in Dubai
- Oversee the preparation of projected cash flow statements including the projected bank facility requirements and timings
- Monitor the cash, debt and liquidity position along with the CFO
- Prepare cash forecast reports and present it to the CFO
- Supervise the performing of petty cash and bank reconciliation
- Manage and monitor the bank facilities, analyze interest rates charged by the banking industry for each type of borrowing and/or account categories and transfer funds from higher interest accounts to lower interest accounts
- Ensure information necessary for the proper management of cash in banks and recording of bank transactions is adequately provided
- Conduct performance evaluation processes for the Accounting function's employees to cover objective settings progress performance meetings and performance appraisal
- Ensure the adherence of the Accounting function's employees to CAYAN's guidelines policies and processes
Skills Behavioral Competencies: - Strategic Planning & Thinking
- Partnering & Relationship Building
- Interactive Communication
Functional Competencies: - Financial Planning & Reporting
- Risk Analysis & Management
Job Details Job Location Dubai, United Arab Emirates
Company Industry
Real Estate
Company Type
Unspecified
Job Role Accounting and Auditing
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
1
Job Ref.
JB3819046
Preferred Candidate
Career Level
Mid Career
Years of Experience Min: 7 Max: 12
Residence Location
United Arab Emirates
Nationality
Algeria; Bahrain; Comoros; Djibouti; Egypt; Iraq; Jordan; Kuwait; Lebanon; Libya; Mauritania; Morocco; Oman; Palestine; Qatar; Saudi Arabia; Somalia; Sudan; Syria; Tunisia; United Arab Emirates; Yemen
Degree
Bachelor's degree / higher diploma
Age
Min: 28 Max: 40
This job is posted in the following Specialties:
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Job Title Chief Accountant
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