Net2Source Inc.

Group Head of Accounts

Dubai, Dubai, AE

5 days ago
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Summary

We are Hiring...



We are looking for an Enthusiastic Group Head of Accounts for one of our clients in UAE - Dubai. Candidates who have experience handling the Accounts of Big Family Group within UAE will be preferred.


Job Responsibilities;

  • Manage and monitor company’s financial control activities which include accounts receivable/payable, fixed asset accounting, project and cost accounting, payroll and general ledger
  • Ensure timely preparation of Annual Budget for each business unit and location working with the business unit heads and COO
  • Ensure adherence to the allocated budgets and timely and accurate preparation of balance sheets, profit and loss statements, and all other accounting records
  • Ensure timely and accurate processing of salaries and other payments
  • Prepare and analyse financial reports such as balance sheets and income statements
  • Maintain credit control procedures and associated reports including aged debtor reports
  • Review and approve costing and variances reports
  • Develop and ensure the implementation of internal control systems
  • Monitor accounting masters such as creation of new accounts, deletion of accounts etc.
  • Monitor preparation of periodic MIS and analyse MIS reports and present to Executive board
  • Ensure timely preparation of reports as required for the Board Meeting and attend the Board Meeting as required
  • Monitor compliance with generally accepted accounting principles (GAAP) and company procedures
  • Issue timely and complete financial statements under IFRS
  • Compliance to VAT and Corporate Tax regulations and filing of returns as required
  • Assures compliance with federal, state, local and corporate policies, regulations and laws
  • Evaluate current accounting practices and policies and drives continuous improvement
  • Coordinate monthly financial accounting closing process
  • Develop and implement various accounting procedures
  • Interact with both internal and external auditors during financial and operational audits
  • Manage day-to-day financial activities including transactions, processes, reporting and systems and ensure they are up to date and compliant with corporate policies and procedures
  • Develop and implement financial policies, processes and procedures governing financial controls including control mechanisms and billing and collections policies
  • Lead, coach and manage the performance of staff in line with good people management practices



Job Requirement;


  • Master's degree in finance or accounting.
  • Chartered accountant is a must preferred.
  • Minimum of 10 years of experience in handling accounting division for large companies.
  • Candidate must have experience working in Senior Role with a large Group or a Large Family Business within UAE.

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