Chief Accountant/Finance Manager

Confidential; Abu Dhabi; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading finance firm is seeking a Chief Accountant/Finance Manager in Abu Dhabi. The role involves overseeing financial records, ensuring compliance with IFRS, managing a team, and leading financial reporting. Candidates should have a Bachelor's in Accounting/Finance, CPA/ACCA/CA preferred, along with 8-12 years of experience in accounting. Proficiency in ERP Oracle Fusion is essential for this position.

Qualifications

• 8-12 years of progressive accounting experience, including 3-5 years in a supervisory role.
• Strong working knowledge of IFRS and local GAAP.
• Proficiency in ERP Oracle Fusion and advanced Excel.

Responsibilities

• Lead month-end close and ensure accurate financial statements under IFRS.
• Oversee General Ledger integrity and internal controls.
• Ensure accurate VAT returns and compliance.

Skills

IFRS

Analytical skills

Communication

Leadership

Integrity & Judgment

Education

Bachelor’s in Accounting/Finance

CPA/ACCA/CA (or equivalent)

Tools

ERP Oracle Fusion

Advanced Excel

Job description

Role Purpose

Own the integrity of the company’s financial records and reporting under IFRS, lead the month-end close and statutory filings, strengthen internal controls, and provide decision‑ready financial insights.

The Chief Accountant/Finance manager manages the GL, coordinates AP/AR, Fixed Assets, Payroll accounting, Tax/VAT, and acts as the primary liaison for external and internal audits.

Key Responsibilities

• Financial Reporting & Close
  • Lead quarterly and monthly close; ensure accurate, timely financial statements under IFRS.
  • Review journal entries, balance‑sheet reconciliations, accruals, provisions, intercompany and consolidation adjustments.
  • Maintain the chart of accounts and accounting policies; drive continuous close improvement (reduce day‑to‑close).
• General Ledger & Controls
  • Ensure end‑to‑end GL integrity; implement and monitor internal controls aligned to COSO principles.
  • Own the balance‑sheet review process; remediate aged items and control gaps promptly.
  • Govern master data and approval workflows within the ERP Oracle Fusion.
• Accounts Payable / Receivable
  • Oversee AP/AR accounting; validate vendor/customer reconciliations, aging, write‑offs, and credit notes.
• Fixed Assets & Inventory
  • Supervise capitalization, depreciation, impairment testing, disposals; ensure proper tagging and physical verification.
  • Align inventory valuation (e.g., FIFO/Weighted Avg), costing, and shrinkage controls with Operations/Supply Chain.
• Tax, VAT & Compliance (GCC as applicable)
  • Ensure accurate, timely VAT returns and withholding/Corporate Tax filings; maintain supporting documentation.
  • Monitor regulatory changes; coordinate with tax advisors as required.
• Audit & Governance
  • Serve as primary point of contact for external auditors; deliver PBC lists and resolve queries.
  • Coordinate internal audits; implement corrective action plans and track closure.
• Budgeting, Forecasting & Analysis
  • Support annual budget and rolling forecasts; provide variance analysis and commentary to management.
  • Develop dashboards and KPIs that translate accounting results into business insight.
• Systems & Process Excellence
  • Act as Finance process owner in the ERP (P2P, O2C, R2R); lead UAT, enhancements, and control configurations.
  • Document SOPs; drive automation (e.g., closing checklists, reconciliation tools, RPA opportunities).
• Leadership & Stakeholder Management
  • Supervise and mentor accountants; build a high‑performance culture and succession pipeline.
  • Partner cross‑functionally with Supply Chain, HR/Payroll, Legal, and IT to resolve issues and improve outcomes.

Qualifications & Experience

• Education: Bachelor’s in Accounting/Finance; CPA/ACCA/CA (or equivalent) strongly preferred.
• Experience: 8–12 years of progressive accounting experience, including 3–5 years in a supervisory role.
• Standards: Strong working knowledge of IFRS (and local GAAP where applicable).
• Systems: Proficiency with an ERP Oracle Fusion, advanced Excel.

Technical & Behavioral Competencies

• Technical: IFRS, consolidations, intercompany, VAT/Tax compliance, inventory and fixed‑asset accounting, internal controls, financial statement preparation.
• Analytical: Strong reconciliation skills; data accuracy; root‑cause analysis; process optimization.
• Communication: Clear written/oral communication; stakeholder management; ability to explain accounting impacts to non‑finance partners.
• Leadership: Team coaching, workload prioritization, delegation, and performance management.
• Integrity & Judgment: High ethical standards, confidentiality, and sound decision‑making.

Key Performance Indicators (KPIs)

• Close Timeliness: Month‑end close completed within [X] working days.
• Reporting Accuracy: 0 material audit adjustments; minimal post‑close corrections.
• Reconciliation Health: 100% of balance‑sheet accounts reconciled on time; ≤ [X]% aged reconciling items >30 days.
• Compliance: On‑time VAT/tax filings; 0 penalties/fines; closure of audit findings within [X] days.
• Process Efficiency: Reduction in manual JEs and cycle times (P2P/O2C); documented SOP coverage at 100%.
• Team Development: Training plans completed; improved skill assessments and bench strength.

Tools & Environment

• ERP: [Oracle Fusion], modules covering GL, AP, AR, FA, Inventory, Project Accounting (as applicable).
• Policies: Delegation of Authority, Accounting Manual, Close Checklist, Document Retention.