Financial Operations Analyst

myZoi; Dubai; On-site; AED 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a proactive Financial Operations Analyst to join their dynamic team in Dubai. This role is essential for maintaining accurate financial records and ensuring compliance with local regulations within the fintech landscape. You will be responsible for bookkeeping, daily reconciliations, and preparing financial statements while collaborating with various departments to resolve discrepancies. If you have a keen eye for detail, strong analytical skills, and a passion for finance, this opportunity offers a chance to thrive in a fast-paced environment and contribute to the company's success.

Qualifications

• 2-3 years of experience in accounting and financial operations.
• Strong working knowledge of accounting principles and internal controls.

Responsibilities

• Maintain accurate financial records and perform daily reconciliations.
• Support preparation of financial statements and ensure compliance with regulations.

Skills

Detail Orientation

Financial Analysis

Bookkeeping

Communication Skills

Problem Solving

Education

Bachelor's degree in Finance or Accounting

Tools

Dynamics 365 Business Central

Microsoft Excel

Power BI

Tableau

Job description

We are seeking a detail oriented and proactive Financial Operations Analyst to join our growing team. The ideal candidate will assist in performing bookkeeping, daily reconciliations, and various financial operations to ensure the accuracy and integrity of financial records and transactions. This role is critical for maintaining compliance with local financial regulations and ensuring smooth daily operations within our fast-paced and dynamic environment. Please apply via the link below if you are interested.

Key Responsibilities:

Bookkeeping & Financial Operations:

Maintain accurate and up-to-date financial records, including journal entries, accounts payable/receivable, and general ledger entries.

Support the preparation of financial statements (balance sheet, income statement, cash flow) and management reports in accordance with local regulatory standards.

Assist in the preparation of tax filings, ensuring compliance with UAE tax laws and other applicable financial regulations.

Daily Reconciliations:

Perform daily bank reconciliations to ensure accurate and timely recording of transactions, identifying discrepancies and resolving issues promptly.

Reconcile transactions between internal financial systems and external platforms to ensure consistency and accuracy of financial data.

Monitor and reconcile customer and vendor accounts to track payments, charges, and any discrepancies.

Assist with timely closing of books on a monthly basis. Accounting entries to be recorded before end of the accounting period.

Assist in preparing regular financial reports for management, highlighting key trends, variances, and operational efficiencies.

Analyze financial data to identify patterns and areas for potential improvement in cash flow, expense management, and profitability.

Help track financial KPIs and assist in the preparation of budgets and forecasts.

Compliance & Regulatory Support:

Ensure all financial activities are conducted in accordance with UAE financial regulations, specifically in relation to fintech and payment processing.

Assist in audits by providing necessary documentation and supporting materials.

Help ensure internal controls are maintained, and financial data is protected according to applicable privacy and data protection laws.

General Financial Operations:

Accounts Payable: Manage and monitor vendors payments on a regular basis. Ensure timely and accurate processing of accounts payable. Perform creditor analysis and ageing on a periodic basis. Address and resolve any vendor payment related issues.

Accounts Receivable: Generate and send out invoices to clients in a timely manner. Monitor accounts receivable ageing and follow up on overdue payments.

Provide general administrative support to the finance department, including preparing financial documentation, reports, and correspondence.

Collaborate with other departments, including operations, to resolve financial issues and discrepancies.

Assist in maintaining financial systems and platforms, ensuring accurate data entry and system functionality.

Attention to Detail: Ensuring accuracy in all financial records and reconciliations.

Organizational Skills: Ability to prioritize tasks and manage multiple responsibilities in a fast-paced environment.

Teamwork: Ability to work collaboratively within a team, while also being able to handle tasks independently.

Adaptability: Willingness to learn and adapt to new financial systems, tools, and regulations as the fintech landscape evolves.

What You’ll Need

Bachelor's degree in Finance or Accounting

2-3 years of experience in accounting and financial operations. Experience in fintech or regulated industry is preferred.

Strong attention to detail with the ability to analyze and interpret financial data accurately.

Good written and verbal communication skills, with the ability to explain financial concepts clearly to non-finance stakeholders.

Ability to identify issues in financial data and propose practical solutions.

Exhibits business judgment, strong analytical, coordination, and decision-making skills

Strong working knowledge of accounting principles, procedures and internal controls.

Proficiency in accounting software (Dynamics 365 Business Central), Microsoft Excel and reporting tools like Power BI and Tableau.

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