Chief Accountant
Job details
Established in 1982, The Digital Imaging & Office Services Solutions of Gulf Commercial Group was created to become a leading office automation solutions provider for the thriving UAE market. By embracing the printing industry’s phenomenal digital transformation over the years, ‘GCG-DDS’ developed a natural proclivity for new technologies and gained an enviable reputation for its expertise in integrating digital enterprise solutions of all kinds into their client’s businesses. Keen to take a market leadership position, GCG-DDS has made the strategic decision to expand its horizons into two focused areas of operation with each carrying a new corporate identity under the umbrella of GCG’s holding company – The Ghobash Group. Now known as GCG ENTERPRISE SOLUTIONS , the company focuses on Enterprise Information Management, Digital Transformation, and Interactive Smart Solutions, and guides our clients with the most comprehensive portfolio of business information management technology in the UAE
Job Description
- Responsible to supervise the complete end to end accounting aspects in a timely and accurate manner including Accounts payable, Accounts Receivables, Fixed Assets, Cash Management, Project Accounting, Month end & year end closings, Financial reporting, Divisional & Functional reporting, maintaining chart of accounts, validating payroll, GL Vs Sub Ledger reconciliations and managing the fixed assets.
- Responsible for VAT & Corporate compliance and related filings.
- Responsible for the Internal & External Audits
- Supervision of Trade finance activities like LC, Guarantees, TR Loans etc.
- Ensure timely closure of all modules including AP, AR, FA, Cash Management, Inventory and Projects.
- Ensure all schedules for prepaid, accruals, provisions, Chargebacks are prepared and reconciled.
- Ensure all sub-ledgers are reconciled with GL / TB.
- Ensure Intercompany reconciliation is maintained monthly.
- Ensure all bank accounts are properly reconciled.
- Ensure periodic reconciliation is done for the vendors and customers.
- Monitoring the cash position, managing the vendor payments and assisting in AR collection.
- Verification of Monthly Payroll and related accounting validation.
- Ensure the timely preparation of Annual financial statements of the Company for External audit in line with IFRS.
- Prepares monthly management accounts and reports thereon by comparing with the budget and by applying other reporting tools.
- Ensures efficient and accurate accounting of all financial transactions of the Company and maintains for this purpose proper books of accounts, records, and procedures based on which monthly and annual accounts shall be prepared.
- Prepares annual budgets for all the Business Divisions of the Company and consolidation as a whole.
- Assist FM in finalization of Budget & quarterly forecasting.
- Liaises and cooperates with the external and internal auditors and ensures that the audits are conducted efficiently and economically, and corrective action is taken to eliminate any weaknesses or control gaps that are identified by the auditors.
- Responsible for VAT & Corporate tax and other Local Law compliances.
- Assist FM in review of banking facilities for the Company to ensure in line with the Company’s requirements.
- Manages the bank account transactions.
- Supervise & validate the Trade finance related transactions like Guarantees, LCs, TR & Other Short Term Loans.
- Periodically reviews the adequacy of internal controls over accounting and financial policies and procedures.
- Ensures maintenance of up to-date sequential record of all accounting records and documents.
- Ensures the safe custody of unused cheque books, receipt books, Customer checks, Petty cash and other confidential information.
- Ensures that the Company has adequate insurance cover for all its assets and for all possible third-party liabilities.
- Recommends and implements, on a continuing basis, suitable accounting policies and procedures for the Company, in accordance with the local UAE Laws an International Financial Report Standards, to accurately reflect the Company’s financial transactions and to ensure uniform and consistent accounting practices.
- Properly interprets and administers the accounting policies and procedures of the Company and ensures that these are constantly updated in accordance with business needs.
- Compliance with all policies and processes within the company / unit and extending full cooperation towards the internal audits conducted by the Management Representatives, the internal Auditors, and the Certification Bodies.
Qualifications
- Bachelor’s degree in accounting, Finance or relevant from a recognised University or Institution
- Professional Certification (e.g. CA/CPA) is a must.
Additional Information
- Must have experience of at least 3 years in ERP environment like (Oracle & SAP preferred).
- Good MS Office skills particularly strong capabilities in MS Excel (Advance user level skills).
- Able to work independently and highly meticulous.
- At least 3 years experience as a Chief Accountant at similar sized business.
- Relevant experience in ERP Environment (Like Oracle/SAP).
- Thorough knowledge of basic accounting procedures & Internal Controls.
- Awareness of business trends
- Experience with general ledger functions and the month-end/year-end close process
- Excellent strategic planning skills and able to interact with all levels.
- Accuracy and attention to detail.
- Aptitude for numbers and quantitative skills & Problem solving ability.
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