Chief Accountant Required in Dubai - Dubai
Chief Accountant Required in Dubai
The Chief Accountant is responsible for managing and overseeing the daily tasks and operations of the accounting department through monitoring, controlling and analyzing accounting data, budgets and financial statements ensuring proper reconciliation of accounts.
Main Duties And Responsibilities
Technical and Operations
Oversee and manage the general accounting functions, including but not limited to accounts payable, accounts receivable, general ledger and taxes
Prepare periodic financial reports and weekly cash flow statements in accordance with IFRS and report to direct manager
Participate in the preparation of the annual budget and periodic forecasts in coordination with internal stakeholders
Follow up on account payables and receivables and related reconciliations
Liaise regularly with the direct manager and other internal stakeholders on all financial reporting activities and accounting inquiries
Prepare the payroll and coordinate the closing process on a monthly basis
Monitor inventory levels and assist in the management of stock depreciation
Review, control and validate tax declarations as per country laws and regulations
Maintain a solid relationship with banks and financial institutions to guarantee the best terms and conditions for the company
Work with external and internal auditors and assist with the required information and documentation as appropriate
Assess current practices and procedures and conduct periodic evaluations for cost-reduction opportunities and system optimization
Ensure the existing IT platform is optimally utilized and participate in the implementation of new systems/processes
Talent Development
Lead and coach the team cultivating empowerment and ownership
Develop capabilities and secure a solid succession plan
Conduct regular performance reviews, identify training needs and oversee development plans
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