Senior Accountant

Seven House Family; Dubai; On-site; AED 120,000 - 160,000; Full time

Job summary

A hospitality and lifestyle brand in Dubai is seeking a Senior Accountant to manage financial records, ensuring accuracy in reporting and compliance with regulations. The role involves preparing financial statements, assisting with budgeting and forecasting, and providing insights for decision-making. Ideal candidates will have a Bachelor's degree in Accounting or Finance and 4-5 years of relevant experience in a similar role.

Benefits

Competitive Salary

Club Access

50% off in-house food and beverage items

Career Growth opportunities

Supportive Culture

Qualifications

• Minimum of 4-5 years of experience in a similar accounting role.
• Experience with budgeting, financial analysis, and reporting.
• Strong understanding of accounting principles (GAAP or IFRS).

Responsibilities

• Manage financial records ensuring accuracy in reporting.
• Prepare accurate and timely financial statements.
• Assist in the preparation of monthly, quarterly, and annual financial reports.

Skills

Analytical skills

Attention to detail

Communication skills

Problem-solving skills

Education

Bachelor's degree in Accounting, Finance, or a related field

Tools

Zoho

QuickBooks

SAP

Xero

Job description

The Senior Accountant is responsible for managing financial records ensuring accuracy in financial reporting and providing insights to support decision-making within the organisation. They play a key role in maintaining financial integrity ensuring compliance with laws and optimising the company s financial performance.

Key Responsibilities and Expectations:

Financial Reporting:

• Prepare accurate and timely financial statements (income statement balance sheet cash flow statement).
• Ensure compliance with accounting principles regulations and internal policies.
• Assist in the preparation of monthly quarterly and annual financial reports.

General Ledger Management:

• Maintain and reconcile the general ledger.
• Ensure that all accounting entries are properly recorded and classified.
• Perform month-end and year-end closing activities.

Accounts Payable and Receivable:

• Process and track accounts payable (bills invoices payments) and accounts receivable (invoices collections).
• Follow up on overdue accounts and resolve billing issues with customers or vendors.

Tax Compliance:

• Prepare and file tax returns including sales tax VAT and corporate tax.
• Ensure the company is in compliance with local state and national tax regulations.
• Assist with tax audits and prepare necessary documentation.

Budgeting and Forecasting:

• Assist in the creation of budgets and financial forecasts.
• Monitor actual financial performance against budgeted figures and provide variance analysis.
• Recommend financial adjustments or improvements based on analysis.

Financial Analysis:

• Analyse financial data to identify trends opportunities or risks.
• Provide insights on cost management profitability and financial performance.
• Support decision-making by preparing ad-hoc financial reports.

Internal Controls and Compliance:

• Monitor and enforce internal control procedures to safeguard company assets and ensure the accuracy of financial records.
• Assist in the implementation and improvement of accounting systems and software.

Audit Support:

• Assist internal and external auditors during the annual audit process.
• Provide documentation and explanations of financial transactions when required.

Requirements

• Bachelors degree in Accounting Finance or a related field.
• Any additional certificates will be an added advantage.
• Previous experience in a similar role minimum of 4-5 years.
• Familiarity with financial software spreadsheets and reporting tools.
• Experience with budgeting financial analysis and reporting is a plus.
• Strong understanding of accounting principles (GAAP or IFRS).
• Proficiency with accounting software preferably Zoho (e.g. QuickBooks SAP Xero).
• Strong analytical and problem-solving skills.
• Detail-oriented with the ability to work under pressure and meet deadlines.
• Good communication and interpersonal skills for working with teams and external parties.
• Knowledge of tax laws and regulations.

Benefits

• Competitive Salary: Based on experience and role responsibilities
• Club Access: Full access to SEVEN Wellness Club facilities and classes
• F&B Discount: 50% off all in-house food and beverage items at The Dose by Silvena
• Career Growth: Opportunities to grow across SEVEN s expanding group of brands
• Supportive Culture: A team-oriented environment that values initiative professionalism and well-being