SENIOR ACCOUNTANT

Power International Holding (PIH); Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

Power International Holding (PIH) in the United Arab Emirates seeks a Senior Accountant to compile, reconcile, and analyze financial data, ensuring accuracy and compliance with GAAP. The role emphasizes month-end processes, budgeting, and internal audits within a dynamic finance team.

Ideal candidates have 5+ years of relevant experience, familiarity with SAP, and CPA/ACCA qualifications. Bachelor’s degree in accounts and finance required.

Qualifications

• Excellent knowledge of financial processes and GAAP practices.
• Strong month-end closing and financial statement preparation skills.
• Experience with ERP systems, preferably SAP.

Responsibilities

• Perform general or cost accounting activities with insight and depth.
• Apply accounting techniques to classify and record transactions.
• Ensure proper handling and approvals of transactions within limits.
• Prepare MIS reports, budgets, and forecasts in collaboration with superiors.
• Analyze financial data to assess accuracy and conformance to standards.
• Develop, maintain, and analyze budgets and variances.
• Perform internal audits of accounts payable, payroll, fixed assets, and cash.
• Inventory appraisal and recording of real property and equipment.

Skills

Financial processes

GAAP

Month-end processing

Financial analysis

ERP knowledge

Education

Bachelor's Degree in Accounts and Finance

CPA or ACCA professional qualification

Tools

SAP

Job description

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The Senior Accountant performs professional accounting work involving compilation, consolidation, and analysis of financial data. May include any or all of the following: ledgers and preparation of journal entries, fixed asset or inventory accounting, preparation of trial balance or financial statements, cost accounting, bank account reconciliation. Provides daily financial oversight to ensure that the financial records are complete, accurate and comply with generally accepted accounting principles and policies.

Job Responsibilities 1

Perform general or cost accounting activities requiring some insight and depth of understanding.

Apply accounting techniques and standard practices to the classification and recording of financial transactions.

Ensure proper handling of financial transactions and transactions approvals within designated limits Assists immediate superior in the preparation of MIS reports, budgets, and forecasts.

Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. Ensures the accuracy of data contained on all Financial Reports, and that information is clear and concise. Ensures proficient use of delegated software.

Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice.

Ensure that records and analysis reflects the true and accurate measure of the business as presented in the graphs and are available on a real-time basis.

Establish tables of accounts, and recorded all entries to its proper accounts. Ensures that all entries are recorded to their assigned account numbers.

Ensures that data is fluid and provides information as required.

Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs. Ensures that analysis reflects true and accurate data of actual costs VS budgeted costs.

Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology. Ensures proficient use of assigned program aiming at real-time availability of financial reports.

Perform internal audits of accounts payable, payroll distribution, fixed assets, and cash. May make correcting journal entries in assigned areas.

Ensures accuracy of audits undertaken. Ensures accuracy in correcting journal entries.

Appraise, evaluate, and conduct inventory of real property and equipment, recording information such as the property's description, value, and location. Ensures accuracy of data presented in an inventory, and that property and equipment are all accounted for within the inventory.

Job Responsibilities 2

Additional Responsibilities 3

Job Knowledge & Skills

Excellent knowledge of Financial Processes. Knowledgeable in the latest accounting tools / software. Knowledgeable of Generally Accepted Accounting Principles (GAAP) and practices.

Sound understanding of the month end process.

Knowledge of the financial markets and banking. Knowledge of the analysis and reporting of financial data In-depth and demonstrable experience in financial management and accounting.

ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.

Job Experience

Minimum 5 year(s) working experience, 3 year(s) relevant working experience, 2 year (s) GCC is a plus

Agility

Accounting Methods L3

Payroll & Benefits Administration L3

AI Fluency

Resilience

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Leadership_321977503

Education

Bachelor's Degree in Accounts and Finance

Professional Qualification in Certified Public Accountant (CPA) or Association of Chartered Certified Accountants (ACCA)