Senior Accountant

Role Overview

Senior Accountant at Galadari Brothers.

Role Purpose

Prepare accurate monthly and annual financial reports, maintain accounting controls in compliance with IFRS, manage cash flow and vendor relationships, oversee accounts receivable collection, and supervise financial department staff to ensure the integrity and timeliness of all accounting operations.

Key Responsibilities

Financial Reporting & Analysis

• Prepare monthly MIS reports for the Company entity.
• Analyze relevant books of accounts and schedules thereof and make recommendations to ensure that accounts are prepared and maintained in conformity with International Financial Reporting Standards (IFRS).
• Prepare the annual budget in line with Company policies and guidelines.
• Prepare and file VAT returns and ensure compliance with other regulations.

Accounting Controls & Systems

• Maintain accounting controls by establishing a chart of accounts and defining accounting policies and procedures.
• Suggest updates and improvements for accounting systems.

Cash Flow & Vendor Management

• Forecast cash flow positions and related borrowing needs; ensure that sufficient funds are available to meet ongoing operational and other requirements, and raise red flags as needed.
• Manage vendors for payments in stressed cash positions.
• Process internal and external payments according to procurement DOA.

Accounts Receivable & Intercompany Coordination

• Follow up with sales team for external accounts receivable collection.
• Follow up with Finance teams of related parties for intercompany receivables.

Audit & Compliance

• Coordinate and assist both internal and external auditors in the checking and finalization of accounts prior to submission to ensure that all figures submitted are correct.

Team Leadership

• Supervise and manage financial department staff, including accountants and financial assistants.

Qualifications & Experience

• Bachelor's or Master's Degree in Accounting, Finance, or relevant field; CA, ACCA, CPA, or CA (Inter) Accounting Degree is preferred.
• Proven experience as a senior accountant in a Travel company with at least 4 to 5 years of UAE experience.
• Thorough knowledge of basic accounting procedures.
• Experience in preparing financial statements.
• Experience with general ledger functions and the month-end and year-end close process.

Skills & Competencies

• Hands-on experience with accounting software packages.
• Advanced MS Excel skills including VLookups and pivot tables.