Financial Accountant

Howden; Dubai; On-site; AED 167,000 - 234,000; Full time

Job summary

Howden is seeking a Financial Accountant to maintain accurate financial records, support reporting, and ensure regulatory compliance in the UAE. You will handle petty cash, reconcile cash and bank transactions, process invoices, and manage payments in line with policies.

The role requires 3+ years of finance experience, knowledge of UAE VAT and IFRS, and proficiency with BI tools like Power BI/Tableau; Workday handles reimbursements.

Qualifications

• Bachelor’s degree in finance, accounting, or related field.
• 3+ years of progressive finance experience, preferably in insurance.
• Knowledge of UAE VAT and IFRS standards.
• Ability to build data visualizations with BI tools (Power BI/Tableau).
• Knowledge of financial regulations and compliance.

Responsibilities

• Petty cash management and ensuring cash on hand for minor purchases.
• Document cash and credit purchases for records.
• Add new payees in bank system for processing payments.
• Assist in allocating incoming payments to customer accounts.
• Reconcile cash and bank transactions for accurate balance sheet.
• Ensure payments are made on time per company policies.
• Verify payment requests have approvals and documentation.
• Investigate vendor account inconsistencies and reconcile statements.
• Oversee invoice processing and payments to maintain cash flow.
• Ensure compliance with corporate tax laws and timely tax returns.
• Monitor down-payments and close out before month-end.
• Suggest at least one process improvement.
• Manage employee reimbursements through Workday.
• Adhere to policies and regulatory/compliance requirements.

Education

Bachelor’s degree in finance, accounting, or related field

Tools

Power BI

Tableau

Workday

Job description

Financial Accountant

We are seeking a Financial Accountant to maintain accurate financial records, support financial reporting, and ensure compliance with accounting standards and regulatory requirements.

Responsibilities

• Petty Cash management - Keeping track of small cash expenses and ensuring there's enough cash on hand for minor purchases.
• Documenting all cash and credit purchases accurately for financial records.
• Adding new payees in the bank's online system for processing payments.
• Assisting colleagues in correctly allocating incoming payments to customer accounts.
• Regularly updating Praktora with cash and bank transactions for accurate balance sheet reconciliation.
• Ensuring all payments, whether through checks or bank transfers, are made on time and in line with company policies.
• Checking that all payment requests are accurate, complete, and have the necessary approvals and supporting documentation before processing.
• Looking into any inconsistencies in vendor accounts and reconciling monthly statements to resolve issues.
• Overseeing the processing of invoices, payments, to maintain healthy cash flow.
• Ensuring compliance with corporate tax laws and regulations, including timely filing of corporate tax returns.
• Keeping an eye on any down-payments made and ensuring they are properly closed out before month-end.
• Aiming to identify and suggest at least one way to improve existing processes, whether individually or as a team.
• Managing all employee reimbursements through Workday.
• Adhere to company policies, procedures, and regulatory/ compliance requirements.

Requirements

• Bachelor’s degree in finance, Accounting, or a related field.
• Minimum of 3 years of progressive experience in finance management, preferably in insurance industry.
• Understanding of UAE's financial regulations, especially VAT, and international standards such as IFRS.
• Ability to use BI tools to develop data visualizations and dashboards that help track business performance metrics (e.g., Power BI, Tableau).
• Knowledge of financial regulations and compliance.