Senior Accountant - Payables and R2R

We are looking to hire an Senior Accountant/Assistant Manager for our client, Dubai Holding Group Services, a large semi-government organization in Dubai, UAE.

You will be responsible for invoice processing, payment service, maintaining project payable accounting records, and supporting the payable team in the preparation of escrow payments.

This position is a contract role with an initial duration of 12 months and is renewable based on performance.

Key Responsibilities

Accounts Payable

• Process supplier invoices, ensuring timely and accurate payments in line with company policies.
• Maintain comprehensive project payable accounting records and monitor utility and telecom payments.
• Assist in preparing escrow payments and ensure adherence to RERA regulations.
• Reconcile accounts payable transactions, resolve discrepancies, and liaise with banks on payment-related matters.
• Support the payable team in payment processing, transfers, and supplier inquiries.

Record to Report (R2R)

• Maintain accurate financial records, ensuring timely recording of transactions and reconciliations.
• Oversee month-end and year-end closing activities, including journal entries and accruals.
• Prepare financial reports, including balance sheets, profit and loss statements, and cash flow reports.
• Ensure compliance with accounting standards, company policies, and legal requirements.
• Collaborate with internal and external auditors during financial audits.
• Monitor budgets, implement budgetary controls, and align invoice recording with budget allocations.

General Responsibilities

• Provide proactive support for departmental projects and communicate effectively with team members.
• Utilize advanced Excel and Oracle Fusion for data analysis and reporting.
• Ensure proper documentation and entity breakup of financial transactions.
• Drive process improvements to enhance efficiency in accounting operations.

Knowledge, Skills & Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• Qualified Chartered Accountant (CA/ACCA/CIMA/CFA/CPA) or equivalent certification is preferred.
• Minimum 2+ years of experience in Accounts Payable and Record to Report functions.
• Proficiency in Oracle Fusion System and advanced Excel capabilities.
• Familiarity with RERA Escrow accounts and Property/Real Estate sector experience is advantageous.
• Strong analytical and problem-solving skills, with the ability to interpret and present financial data effectively.
• Excellent communication skills, both written and verbal, with a team-oriented mindset.

Availability

Preference will be given to candidates available to join immediately.

We are looking for a candidate who will be able to work in Dubai, United Arab Emirates. Please apply with your resume and remember to provide us with your contact details.

We will review your job application within 7 working days. Should your profile fit the requirements of the job, a consultant from Edari will be in touch with you to get a deeper understanding of your profile.