Accountant

Abu Dhabi National Oil Company; Abu Dhabi; On-site; AED 300,000 - 420,000; Full time

Benefits offered by this job

ACCA

CIMA

CPA

Job summary

Abu Dhabi National Oil Company in the United Arab Emirates seeks a senior financial accounting leader to direct journal entries, ledgers, P&L, balance sheet, and cash flow reporting. You will ensure timely close of business unit accounts and preparation of comprehensive financial statements.

The role requires ensuring the integrity of statements across ADNOC L&S and supervising month-end and year-end reconciliations.

Qualifications

• Bachelor’s Degree in Finance or Accounting.
• 8 years of relevant experience in finance including at least 5 years in positions of progressively increasing managerial responsibilities.
• Experience preferably in logistics, marine services, shipping or related industry is preferred.

Responsibilities

• Directs the performance of the financial accounting functions related to general accounts including journal entries, financial ledgers, Trial Balance, P&L, Balance Sheet and Cash Flow Statement.
• Ensures the closure of Business unit accounts and preparation of the company’s financial statements, reflecting financial performance and position on time and in compliance with policy.
• Ensure integrity of Financial Statements of respective business units and ADNOC L&S.
• Ensures timely preparation and issue of periodic trial balance and related supporting financial statements for Management Reporting.
• Reviews and approves all the journal vouchers for accuracy and coding before posting to accounts and ensures proper authorization and policy compliance.
• Maintains up-to-date accounts by controlling debit/credit notes transactions.
• Directs and controls monthly and year-end closing of accounts and coordination with ADNOC for consolidation.

Skills

Journal entries processing

Financial reporting

Leadership

Education

Bachelor’s Degree in Finance or Accounting

Tools

ACCA

CIMA

CPA

Job description

About the Company:

We are a global energy maritime logistics leader with a world-class asset base. We are the dedicated and vital logistics arm for ADNOC Group, providing mission critical and highly specialized services across ADNOC’s entire value chain. We also provide market-leading, cost-competitive maritime and logistics solutions to over 100 global customers and ship to more than 50 countries across the world.

As a global energy maritime logistics leader and the dedicated and vital logistics arm for ADNOC Group, we are driven to set the highest standards in shipping and maritime operations, pushing boundaries and pioneering new frontiers in sustainability. We are committed to delivering world-class solutions that are innovative and efficient, while always putting safety first

About the Job:

• Directs the performance of the financial accounting functions related to general accounts including the maintenance and control over all journal entries, financial ledgers, Trial Balance, P&L, Balance Sheet and Cash Flow Statement.
• Ensures the closure of Business unit accounts and preparation of the company’s financial statements, which reflects the financial performance, financial position on time and in compliance with company policy and ADNOC guidelines.
• Ensure integrity of Financial Statements of respective business units and ADNOC L&S.

Job Specific Accountabilities

• Ensures timely preparation and issue of periodic trial balance and related supporting financial statements, such as analysis of various accounts to Management Reporting Department.
• Ensures correct and accurate processing of all accounting transactions involving revenue, expenditure, assets & liabilities by the company.
• Review the monthly & year-end accruals received from the business units and monitors their clearance.
• Reviews and approves all the journal vouchers for accuracy and coding before posting to separate accounts and ensures that all journal entries are properly authorized and supported by sound accounting policies.
• Maintains up to date accounts by controlling the transactions related to debit/credit notes.

Accounts closing, Financial Statements & Reconciliation:

• Directs and controls the monthly and the year-end closing of accounts.
• Ensures the preparation of viable schedule for activities for this purpose and monitors its implementation.
• Reviews all requirements for the year end reconciliation such as accruals, provisions, etc, as advised to the concerned divisions and compiled as per the schedule.
• Ensures the timely preparation of financial statements of the company for submission to the Management.
• Ensures proper coordination with ADNOC to meet their timetable and requirements relating to financial statements consolidation.
• Supervises the periodic preparation of reconciliation between sub-systems and General Ledger control accounts, covering accounts receivables, prepayments, accounts payables, payroll, employee ledger, current accounts, asset management, and inventory.

Minimum Requirements:

• Bachelor’s Degree in Finance or Accounting or any relevant discipline.
• 8 years of relevant experience in finance including at least 5 years in positions of progressively increasing managerial responsibilities.
• Experience preferably in logistics, marine services, shipping or related industry is preferred.

Professional Certifications

• Association of Chartered Certified Accountants (ACCA)
• Chartered Institute of Management Accountants (CIMA)
• CPA Certifications.