Chief Accountant

ALBADDAD Group; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading contracting firm in Dubai seeks an experienced Chief Accountant to ensure accounting credibility and oversee the accounting team. Responsibilities include financial preparation, coordination with external auditors, VAT management, and maintaining accurate records. The ideal candidate has a Bachelor's degree in accounting and at least 5 years of relevant experience.

Qualifications

• Bachelor's degree in accounting, finance, MBA finance or ACCA or equivalent.
• At least 5+ years of experience as Chief Accountant in contracting and construction business.
• Excellent written and verbal communication skills.

Responsibilities

• Preparation of Financials/Accounts on month, quarterly and annually.
• Dealing/Coordination with External Auditors during Audit.
• Preparation of Data for quarterly VAT return.

Skills

5+ years of experience as Chief Accountant

External auditors handling

Knowledge of accounting standards and VAT laws

Complex bank and account reconciliations

General ledger accounting

Financial accounting and reporting

Strong analytical skills

Excellent communication skills

Ability to work independently

Ability to work under pressure

Education

Bachelor's degree in accounting or finance

MBA in finance or equivalent

Job description

Overview

Chief Accountant:

The Chief Accountant ensures the credibility of the accounts of Al Baddad in accordance with international accounting standards and local GAAP. Maintains proper and accurate books of accounts, ensures all transactions are recorded on time. Follow the deadlines for completing audits. Oversee the entire accounting team. Conduct necessary training to keep the team's skills and knowledge up to date.

Responsibilities

1. Preparation of Financials/Accounts on month, quarterly and annually.
2. Dealing/Coordination with External Auditors during Audit, providing workings and supporting documentation for timely completion of audits.
3. Preparation of Data for quarterly VAT return and submitting VAT return before deadline, coordination with VAT consultant and follow up for timely collection of VAT refunds
4. Review and post payments received against Invoices
5. Sending statement of accounts to customers and payments follow-up
6. Creating new customers in ERP
7. Booking and keeping records of scrap sales
8. Reconciliation of account receivable module with GL
9. Updating Fixed Assets register and booking monthly depreciation/amortization
10. Updating prepaid register and booking monthly expense
11. Prepare and update group level outstanding receivables aging report
12. Prepare and update group level Sales report (by customer, salesperson, product type, region, country etc)
13. Intercompany reconciliation & posting missing transactions, maintain accurate record of all intercompany transactions.
14. Preparing Etisalat payment.
15. Preparing all banks reconciliations & posting missing transactions and bank charges in bank accounts GL.
16. Posting bank transfers and filing
17. Posting monthly salary in ERP
18. Posting Jafza expenses
19. Posting Invoice cancellations / Credit notes
20. Verifying supplier payment documents
21. Preparing sales invoices in SAP – Ariba network for KSA sales
22. Any other task assigned by the management

Qualifications

Bachelor's degree in accounting, finance, MBA finance or ACCA or equivalent

Knowledge, Skills and Abilities

• At least 5+ years of experience as Chief Accountant in contracting and construction business
• External auditors handling
• Knowledge of accounting standards and VAT laws
• Complex bank and account reconciliations
• General ledger accounting, balance sheet accounts reconciliations
• Financial accounting and reporting
• Strong analytical and problem-solving skills
• Excellent written and verbal communication skills
• Ability to work independently and as part of a team
• Ability to work under pressure and meet deadlines

Working Conditions

Physical Requirements

To comply with safety and environmental requirements as per AL BADDAD HSE Policy.