Senior Accountant Required in Dubai

The Senior Accountant is responsible for overseeing and managing key financial processes, ensuring accuracy in financial records, and supporting strategic decision-making by providing reliable financial insights. This role involves supervising accounting operations, preparing financial statements, managing budgeting and forecasting, and ensuring compliance with regulatory standards. The Senior Accountant works closely with management to provide detailed analyses and recommendations to drive financial performance and efficiency. This position requires a high level of accuracy, strong analytical skills, and the ability to handle complex financial data.

Salary	Market Competitive
Experience	6 – 12 Years
Location	Dubai
Qualification	Bachelor of Commerce(Commerce), MBA/PG Diploma in Business Mgmt
Posted	2 November 2024
Job Type	Full-Time
Posted by	Habeebi Recruiter
last date to apply	apply within 15 days

Key Responsibilities

Financial Reporting and Analysis

The Senior Accountant prepares accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. This involves analyzing financial data, preparing monthly, quarterly, and annual reports, and ensuring that all statements reflect the true financial position of the company. The Senior Accountant also provides insights based on financial analysis to aid in strategic decision-making and to identify trends, risks, and opportunities.

Budgeting and Forecasting

A core responsibility of the Senior Accountant is to manage the budgeting and forecasting processes. This includes working closely with department heads to develop annual budgets, monitor expenditures, and ensure adherence to financial plans. The Senior Accountant uses forecasting models to project future financial performance, helping the company plan for growth, manage resources effectively, and achieve financial goals.

General Ledger Management

The Senior Accountant oversees the maintenance and accuracy of the general ledger, ensuring that all transactions are recorded in accordance with accounting standards and company policies. This includes managing reconciliations, journal entries, and month-end and year-end closing processes. By maintaining an organized and accurate ledger, the Senior Accountant supports transparency and reliability in financial reporting.

Compliance and Internal Controls

Ensuring compliance with regulatory requirements and implementing internal controls is an essential part of the Senior Accountant’s role. This includes staying up-to-date with accounting standards (such as GAAP or IFRS) and adhering to tax regulations. The Senior Accountant also works to establish and monitor internal controls to safeguard company assets, prevent fraud, and maintain the integrity of financial data.

Tax Planning and Preparation

The Senior Accountant is responsible for coordinating tax preparation, planning, and filing, ensuring that the company meets all tax obligations and maximizes tax efficiencies. This includes preparing tax returns, managing tax payments, and identifying opportunities for tax savings. The Senior Accountant also liaises with tax authorities and ensures that all tax-related documentation is accurate and compliant with local and national regulations.

Supervising and Mentoring Junior Staff

As a senior member of the accounting team, the Senior Accountant provides guidance and support to junior accountants and other team members. This includes training staff on accounting practices, reviewing their work for accuracy, and offering mentorship to help them develop their skills. The Senior Accountant plays an important role in fostering a collaborative and productive team environment.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred.
• Minimum of 5 years of experience in accounting, with experience in a senior or supervisory role.
• In-depth knowledge of accounting principles, financial reporting standards, and tax regulations.
• Proficiency in accounting software and ERP systems (e.g., SAP, Oracle, QuickBooks).
• Excellent analytical, organizational, and problem-solving skills.

Skills and Competencies

• Analytical Proficiency: Ability to analyze financial data and provide insights that drive strategic decision-making.
• Attention to Detail: High level of accuracy in financial reporting and record-keeping to ensure reliable information.
• Technical Expertise: Strong understanding of accounting standards, tax laws, and financial regulations.
• Leadership Skills: Capability to supervise, train, and mentor junior team members effectively.
• Communication Skills: Clear and effective communication to present financial information to stakeholders and collaborate with other departments.

This role offers an opportunity for a skilled and experienced accountant to take on a leadership role within the finance department, contributing to the company’s financial success and growth through diligent management of financial operations and strategic planning.

How to apply:

Send your updated resume to our email or directly reach us at our phone:

Email:  careers@smiths.com 

Phone:  +00 971 (0) 4 702 9555

Fax:  +00 971 (0) 4 702 9500