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Accounting Lead
Job summary
A leading retail company in Dubai is seeking an Accounting Lead to oversee financial operations. The role involves analyzing financial data, preparing reports, and managing a skilled team. Ideal candidates will have a Bachelor's Degree in Business Administration with an emphasis on Accounting or Finance, along with a minimum of 7 years of experience in a similar field. This position offers an opportunity to make a significant impact on the company's financial health.
Qualifications
- 7+ years of experience in accounting or finance.
- In-depth understanding of GAAP/IFRS.
- Experience managing a team.
Responsibilities
- Analyze ledgers and accounts for accurate financial data.
- Prepare financial reports for the management team.
- Monitor annual budget and recommend remedial actions.
Skills
Education
Job Description - Accounting Lead (ACC000244)
ACC000244
- Analyze ledgers and accounts to reconcile financial data in a timely manner.
- Maintain awareness of the company’s financial position on an ongoing basis.
- Ensure accuracy and integrity of accounting records and financial systems, strengthening internal control measures.
- Prepare financial reports in line with group timelines and report to the Management team as needed.
- Manage daily cash flow and forecasts to identify the company’s financial needs.
- Work closely with internal and external auditors during financial and operational audits, providing accurate and timely information.
- Produce and validate ad hoc reports and presentations requested by management.
- Monitor the country’s annual budget, highlight variances, and recommend remedial actions.
- Ensure adequate funding for operations by managing cash flow and forecasting needs for over drafts, CIL, term loans, LGs, SBLCs, and FOREX.
- Manage payments and transfers to suppliers, ensuring timely execution and notifying suppliers with swift copies of transfers.
- Ensure compliance with taxation regulations, GAAP/IFRS, and company procedures, consulting with tax advisors.
- Recruit, train, motivate, and evaluate team members to maintain a skilled and motivated department.
- Bachelor’s Degree in Business Administration with emphasis on Accounting or Finance; MBA or CPA is a plus.
- Minimum of 7 years of experience in a similar field.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.