Accountant Required in Dubai

Accountant Required in Dubai The position is responsible for reviewing and monitoring day-to-day accounting activities of the Company and its Subsidiaries up to the issue of financial statements and will be reporting to the Regional Finance Manager. Key Responsibilities & Authorities Financial Reporting: Preparing, analyzing, and presenting financial reports to management that summarize the company's financial performance. This includes the preparation of income statements, balance sheets, and cash flow as per IFRS Standards. Cost Accounting: Developing and maintaining the company's cost accounting system to ensure accurate product costing and pricing. This includes analyzing production costs, identifying cost-saving opportunities, and preparing reports on cost. Budgeting and Forecasting: Developing annual budgets and financial forecasts for the company. This includes coordinating with other departments to obtain inputs and assumptions needed for budgeting and fore casting. Financial Reporting: Preparing, analyzing, and presenting financial reports to management that summarize the company's financial performance. This includes the preparation of income statements, balance sheets, and cash flow as per IFRS Standards. Cost Accounting: Developing and maintaining the company's cost accounting system to ensure accurate product costing and pricing. This includes analyzing production costs, identifying cost-saving opportunities, and preparing reports on cost. Budgeting and Forecasting: Developing annual budgets and financial forecasts for the company. This includes coordinating with other departments to obtain inputs and assumptions needed for budgeting and forecasting. Inventory Management: Monitoring inventory levels and ensuring accurate inventory valuation. This includes conducting periodic physical inventory counts, reconciling inventory records, and identifying and resolving discrepancies. Compliance: Ensuring compliance with accounting principles, legal regulations, and company policies. This includes staying up-to-date with changes in accounting standards and regulations and making necessary adjustments to the company's accounting process. Liaise with external auditors and provide necessary documentation for audit purposes. Analyze financial data and provide insights to the Finance Manager and senior manage Reviews Reviewing the schedule related to assets additional/deletion Reviews all accruals for expenses Allocation of tool capitalization cost Processes insurance requirements Arranging bank guarantees, L/C’s and other to the bank. Weekly meeting with the production manager to discuss any financial issues Timely preparation of financial statements and completion of audits Maintaining / reviewing periodically the financial policies/procedures and internal control system/procedures to make sure that his team considering that, and to raise the results report to the Regional Finance Manager Monitor and review accounting and related system reports for accuracy and completeness Analytical reviewing for the petty cash expenses and others cost and to raise the report to the Group Finance Manager Randomly get physical inventory items verified with books Monitoring the local Tax compliance and monthly report should be raised to the Regional Finance Manager Provide financial management support to the Finance Manager in areas such as financial analysis, budgeting, forecasting, financial reporting, and compliance. Work closely with other departments to ensure accurate financial information is provided in a timely manner. Develop and implement cost management strategies to optimize financial performance. Assist in risk management activities to mitigate financial risks. Skills/Experience: The successful Accountant (ACCA, CA, CPA or equivalent) with Oil and Gas and Construction background is a plus. It is essential you have a minimum of 5 years industry experience outside the profession. Strong knowledge of IFRS and other relevant accounting standard. Experience working with financial software and tools such as SAP, Oracle, and Excel. Strong analytical and problem-solving skill. Excellent communication and interpersonal skill. Capability to provide timely and accurate management reporting Have excellent Excel and modeling skills alongside experience in communicating with senior stakeholders. APPLY FROM LINK BELOW https://ae.linkedin.com/jobs/view/accountant-at-pipecare-group-3641049035?r