Senior Associate | Statutory Reporting and Compliance

athGADLANG; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in Dubai is seeking a Financial Reporting & Compliance Specialist to ensure financial practices align with international standards. The role involves managing financial reporting, VAT compliance, and audit coordination, requiring a CA/ACCA qualification and substantial experience in statutory audits. This position offers a chance to make a significant impact on the organization’s financial governance and compliance frameworks.

Qualifications

• Minimum 4-5 years of relevant experience in Statutory Audit.
• Strong understanding of IFRS, UAE VAT laws, and corporate tax regulations.
• Experience working with ERP systems and financial software.

Responsibilities

• Prepare consolidated financial statements in accordance with IFRS.
• Manage monthly VAT return preparation and review.
• Review monthly financial accounts and internal reports.

Skills

Analytical skills

Problem-solving

Communication

Education

CA/ACCA qualification

Tools

SAP

Oracle

Job description

Are you passionate about financial accuracy, regulatory compliance, and building strong internal controls? We are looking for a highly skilled and detail-oriented Financial Reporting & Compliance Specialist to join our Finance team. In this role, you will play a key part in ensuring our financial practices align with international standards, particularly IFRS, VAT, and corporate tax frameworks.

Key Responsibilities:

Financial Objectives, Controls & Reporting

• Assist the department head in implementing financial accounting plans to support organizational goals and maintain financial stability.
• Maintain and update the Chart of Accounts (COA) and General Ledger (GL) hierarchies across entities, ensuring structural compliance with group policies.
• Prepare consolidated and standalone statutory financial statements in accordance with IFRS.
• Coordinate audits, ensuring timely delivery of reports, schedules, and compliance documentation.
• Generate ad-hoc and periodic regulatory and financial reports to support senior management in strategic decision-making.

VAT Compliance

• Manage monthly VAT return preparation, review, and submission in coordination with VAT consultants.
• Provide VAT advisory to internal teams on transaction treatment and liabilities.
• Lead VAT refund submissions and document all required information accurately.
• Conduct periodic reviews of business processes to manage and mitigate VAT-related risks.
• Stay updated on VAT and Excise Duty regulations and ensure compliance across the company.

Corporate Tax

• Ensure accurate accounting treatment and full compliance with corporate tax regulations.

Systems & Process Improvement

• Contribute to financial system enhancements and upgrades to support evolving business needs.
• Recommend improvements in financial reporting and accounting practices aligned with international standards and industry best practices.

GL & Month-End Activities

• Review monthly financial accounts, balance sheet schedules, and internal reports, ensuring timely accuracy and completeness.

Audit Coordination

• Prepare for internal/external audits and support the timely resolution of audit findings.
• Maintain audit clearance documentation and coordinate with relevant teams for the implementation of audit action plans.

Policy & Compliance

• Contribute to the development and improvement of financial policies and procedures to ensure effective internal control and cost efficiency.
• Regularly review financial operations to ensure adherence to company policies and sound financial governance.

Advisory & Leadership

• Advise internal teams on complex financial and accounting issues related to internal policies and IFRS standards.
• Conduct in-house training to ensure knowledge transfer and compliance awareness within the finance team.

Job Requirements

• CA/ACCA qualified.
• Minimum 4-5 years of relevant experience in Statutory Audit
• Strong understanding of IFRS, UAE VAT laws, and corporate tax regulations.
• Experience working with ERP systems and financial software (e.g., SAP, Oracle, etc.)
• Strong analytical, problem-solving, and communication skills.
• Ability to manage audits and interface effectively with external auditors and consultants.