Senior Accountant/Cost Controller

German International School Dubai; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

An educational institution in Dubai seeks a Senior Account/Cost Controller to manage financial operations and oversee a finance team. This role involves preparing budgets, ensuring compliance with financial regulations, and implementing ERP systems. The ideal candidate has extensive experience in financial management and team leadership. Benefits include housing allowance and annual flight allowance, with a full-time employment contract as per UAE Labour Law.

Benefits

Housing allowance

Annual flight allowance

End of service gratuity

Qualifications

• 5-7 years of experience in accounting or financial management in an educational institution.
• Proven experience in managing and developing a team.
• Strong knowledge of financial regulations and cost control practices.

Responsibilities

• Oversee and manage all accounting operations including billing and accounts payable.
• Prepare and manage the annual budget and monthly forecasting.
• Implement and maintain effective cost control systems.

Skills

Financial management

Cost control practices

Team leadership

Analytical skills

Organizational skills

Communication skills

Education

Bachelor's degree in Accounting or Finance

Master's degree or professional certification (e.g. CPA, CMA)

Tools

ERP systems

Microsoft Office Suite, particularly Excel

Job description

The German International School Dubai is seeking a highly skilled and experienced Senior Account/Cost Controller to join our finance team. This role is crucial for maintaining the financial health and efficiency of our institution. The ideal candidate will have extensive experience in financial management team leadership and a deep understanding of cost control practices. Experience in setting up and managing ERP systems is essential.

Key Responsibilities

• Financial Management: Oversee and manage all accounting operations including billing, accounts receivable, accounts payable, general ledger, cost accounting and revenue recognition.
• Budgeting and Forecasting: Prepare and manage the annual budget and monthly forecasting. Monitor and analyze financial performance against budget and forecast providing insights and recommendations for improvement.
• Cost Control: Implement and maintain effective cost control systems. Analyze cost structures and ensure cost efficiency across all departments.
• Financial Reporting: Prepare accurate and timely financial statements, reports and analyses for senior management and the board of directors.
• Compliance: Ensure compliance with local and international financial regulations and standards. Manage audits and liaise with external auditors.
• Team Leadership: Lead, mentor and develop a team of finance professionals. Foster a collaborative and high-performance culture within the finance department.
• ERP System Setup and Management: Set up, implement and manage the school's ERP system to streamline financial operations and reporting. Ensure the system is fully integrated and utilized effectively by the finance team.
• Process Improvement: Identify and implement process improvements to enhance financial operations and reporting accuracy.
• Strategic Planning: Support the development and execution of the school's strategic financial plan. Provide financial insights and recommendations to support decision-making.

Qualifications

• Bachelor's degree in Accounting, Finance or a related field. A master's degree or professional certification (e.g. CPA, CMA) is highly desirable.
• Minimum of 5-7 years of experience in accounting or financial management preferably in an educational institution or similar environment.
• Proven experience in managing and developing a team.
• Fluent in English; proficiency in German is highly beneficial.
• Strong knowledge of accounting principles, financial regulations and cost control practices.
• Extensive experience in setting up and managing ERP systems.
• Excellent analytical, problem-solving and organizational skills.
• Proficient in accounting software and Microsoft Office Suite particularly Excel.
• Strong communication and interpersonal skills with the ability to collaborate effectively with colleagues at all levels.

Additional Information

We offer a pleasant working environment within a motivated team. The employment contract is limited in accordance with the UAE Labour Law.

Remuneration is based on the salary guidelines applicable to the school and includes additional benefits such as housing allowance, an annual flight allowance and end of service gratuity.

Remote Work: No

Employment Type: Full-time