Senior Accountant Required in Dubai

A Senior Accountant is a seasoned financial professional responsible for managing and overseeing key aspects of an organization’s financial operations. This role involves preparing financial reports, ensuring compliance with regulatory standards, and supporting strategic decision-making by providing valuable financial insights.

Senior Accountants often act as mentors to junior staff and collaborate with internal and external stakeholders, including auditors, tax consultants, and senior management. Their expertise in accounting principles and financial analysis makes them indispensable to the organization’s fiscal health.

Salary	Market Competitive
Experience	3 – 8 Years
Location	Dubai
Qualification	Bachelor of Commerce, Bachelor of Business Administration
Posted	02 December 2024
Job Type	Full-Time
Posted by	Habeebi Recruiter
last date to apply	apply within 15 days

Key Responsibilities

1. Financial Reporting and Analysis

The Senior Accountant prepares accurate and timely financial reports, including balance sheets, income statements, and cash flow statements. They analyze these reports to provide insights into the organization’s financial performance, helping management make informed decisions.

2. Budgeting and Forecasting

One of the core responsibilities is assisting in the development of budgets and financial forecasts. The Senior Accountant monitors actual results against budgets, identifies variances, and provides recommendations to improve financial performance.

3. General Ledger Management

Senior Accountants oversee general ledger activities, including reconciliations, journal entries, and month-end and year-end closing processes. They ensure the integrity and accuracy of financial data within the accounting system.

4. Compliance and Regulatory Reporting

Ensuring compliance with local, regional, and international accounting standards and regulations is a critical aspect of the role. Senior Accountants prepare tax filings, manage audits, and ensure adherence to statutory requirements, minimizing the risk of financial penalties.

5. Internal Controls and Risk Management

They play a key role in establishing and maintaining robust internal controls to protect the organization’s assets. This involves identifying risks, implementing control measures, and continuously monitoring the effectiveness of these systems.

6. Team Leadership and Mentorship

Senior Accountants often lead accounting teams, providing guidance and support to junior staff. They oversee workflows, assign responsibilities, and foster professional development within the team.

7. Cash Flow Management

Monitoring and managing cash flow is vital to maintaining the organization’s financial stability. Senior Accountants ensure adequate liquidity by overseeing receivables, payables, and overall cash management strategies.

8. Process Improvement

The role involves evaluating current accounting processes and systems to identify inefficiencies. Senior Accountants recommend and implement improvements to streamline operations and enhance accuracy.

Skills and Qualifications

• Accounting Expertise: In-depth knowledge of accounting principles, standards, and practices.
• Analytical Skills: Ability to analyze complex financial data and provide actionable insights.
• Leadership Skills: Experience in managing teams and guiding junior staff.
• Regulatory Knowledge: Familiarity with tax laws, audit processes, and compliance standards.
• Technical Proficiency: Proficiency in accounting software and tools such as QuickBooks, SAP, or Excel.
• Communication Skills: Strong verbal and written communication abilities for reporting and stakeholder engagement.
• Attention to Detail: Meticulous approach to financial records and reporting.

Work Environment

Senior Accountants typically work in office settings, either on-site or remotely, depending on organizational policies. The role may require extended hours during reporting periods or audits. Collaboration with various departments and external parties is a regular aspect of the job.

In summary, a Senior Accountant plays a pivotal role in maintaining financial discipline and contributing to the organization’s strategic goals. Their advanced expertise in financial management ensures accurate reporting, regulatory compliance, and effective financial planning.

How to apply:

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

Email:  fahim@mhet.ae 

Phone:  +971 42212042