Senior Accountant

at  MILESTONE HOMES REAL ESTATE BROKER

Job description: The Senior Accountant will be responsible for managing and overseeing the company’s financial operations, ensuring compliance with financial regulations, and maintaining accurate financial records. The role involves preparing financial statements, conducting audits, managing the accounts payable and receivable processes, and offering strategic financial insights to management.
Key Responsibilities:
Financial Reporting:
Prepare and review monthly, quarterly, and annual financial statements, ensuring they are in compliance with local and international accounting standards (such as IFRS or UAE GAAP).
Prepare management reports including financial performance, variance analysis, and forecast reports.
Oversee and maintain accurate general ledger entries, ensuring the correct classification of financial transactions.
Accounts Management:
Manage accounts payable and receivable, ensuring accurate and timely processing of invoices, payments, and receipts.
Reconcile bank statements and ensure accuracy of cash flow, identifying discrepancies and working to resolve them.
Ensure all taxes are calculated, recorded, and submitted accurately in compliance with UAE tax laws, including VAT.
Budgeting & Forecasting:
Assist in the preparation of annual budgets and forecasts.
Monitor expenditures and provide financial analysis to ensure that the company is operating within budget.
Provide recommendations on cost control and opportunities for financial efficiency.
Audit and Compliance:
Liaise with external auditors during annual audits, ensuring timely and efficient completion of the audit process.
Ensure compliance with all local financial regulations, tax laws, and corporate governance practices.
Stay updated on changes in accounting standards and regulations, and ensure the company is compliant.
Financial Analysis:
Perform detailed financial analysis, including trend analysis, cost analysis, and profitability analysis, to support business decisions.
Provide financial insights and recommendations to senior management based on accounting data and financial models.
Team Management:
Supervise, mentor, and train junior accounting staff, ensuring they are performing tasks accurately and efficiently.
Assign tasks to the accounting team and ensure deadlines are met.
Review the work of junior accountants and provide constructive feedback for improvements.
Internal Controls:
Monitor and improve internal controls to ensure the integrity of financial data and safeguard company assets.
Identify potential areas of risk and suggest strategies to mitigate those risks.
System Improvement:
Assist in the implementation of accounting software upgrades or other systems that improve financial reporting and operational efficiency.
Suggest improvements in processes and procedures to streamline accounting operations.
Key Requirements:
Education:
Bachelor’s degree in Accounting, Finance, or a related field (Master’s or CPA, ACCA, CA, or CMA preferred).
Experience:
Minimum of 5–7 years of accounting experience, preferably in a senior accounting or supervisory role.
Experience working in the UAE or the Middle East is highly preferred.
Strong understanding of IFRS, VAT regulations, and UAE tax laws.
Skills:
Proficient in accounting software (e.g., QuickBooks, SAP, Oracle) and advanced Excel skills.
Strong analytical skills and attention to detail.
Ability to manage multiple priorities and meet deadlines.
Excellent communication and interpersonal skills.
Knowledge of financial reporting, budgeting, and forecasting techniques.
Language:
Fluency in English is required. Proficiency in Arabic is an advantage.
Personal Qualities:
Strong leadership and team management skills.
High level of integrity, reliability, and professionalism.
Proactive problem solver with the ability to think critically and strategically.
Ability to work in a fast-paced, dynamic environment.
Job Type: Full-time
Pay: AED6,000.00 - AED8,000.00 per month

Experience:

• Accounting: 1 year (Preferred)

Please refer the Job description for details