Senior Accounting Specialist

Caliberly® - Recruitment Agency; Dubai; On-site; AED 180,000 - 300,000; Full time

Job summary

Caliberly is seeking a Senior Accounting Specialist in Dubai to manage day-to-day accounting and financial reporting across multiple entities, including Foundation, Family Office, SPVs and Trusts. You will ensure month-end closings, intercompany reconciliations, and accurate reports under IFRS and DIFC requirements.

The role requires at least five years of UAE experience in Aviation, Family Office, Banking, Investments or Private Equity, with strong knowledge of UAE VAT, DIFC regulations, and

Qualifications

• Minimum 5 years of UAE accounting experience.
• Strong understanding of UAE VAT laws.
• Experience with IFRS and DIFC requirements.
• Exposure to multi-entity structures and complex reporting.

Responsibilities

• Maintain books across multiple entities (Foundation, Family Office, SPVs, Trusts).
• Record and reconcile journal entries, accruals, prepayments, and intercompany transactions.
• Ensure timely month-end and year-end closings.
• Prepare monthly and quarterly financial reports.
• Assist in IFRS and DIFC-compliant statements.
• Generate asset reports and grant expenditure tracking for stakeholders.

Skills

IFRS knowledge

DIFC regulations

UAE experience

Multi-entity accounting

Intercompany accounting

Job description

We are currently searching for a Senior Accounting Specialist will play a key role in managing the day-to-day accounting and financial reporting activities.

Title: Senior Accounting Specialist

Location: Dubai, UAE

Candidate Preferences:

• UAE experience in one of the following industries: Aviation, Family Office, Banking, Investments, or Private Equity
• Minimum: 5 years of UAE experience
• Strong understanding of DIFC regulations, UAE VAT laws, and multi-entity structures.

Duties/Responsibilities

• Maintain accurate books of accounts across multiple legal entities (Foundation, Family Office, SPVs, Trusts).
• Record and reconcile journal entries, accruals, prepayments, and intercompany transactions.
• Ensure timely month-end and year-end closings.
• Prepare monthly and quarterly financial reports.
• Assist in preparing financial statements in accordance with IFRS and DIFC requirements.
• Generate periodic reports for internal and external stakeholders, including asset reports and grant expenditure tracking.

Accounts Payable & Receivable

• Process supplier invoices, staff reimbursements, and intercompany payments.
• Manage and reconcile receivables and track incoming funds, donations, and investment returns.
• Monitor payment cycles and ensure timely execution.

Bank & Cash Management

• Reconcile multi-currency bank accounts and petty cash balances.
• Assist in preparing cash flow forecasts and fund transfer instructions.
• Consult with banks for documentation, mandates, and transactional queries.

VAT & Compliance

• Prepare and file quarterly VAT returns in compliance with UAE FTA regulations.
• Maintain documentation and ledgers required for VAT audits and compliance reviews.
• Support the Finance Manager in DIFC compliance, DFSA requirements, and tax filings (FATCA/CRS).