Junior Accountant-Jobs in United States

About LAHAB:

LAHAB DEFENCE SYSTEMS (LDS) focuses on design, development and production of medium and large calibre munitions and weapons systems.

At LAHAB Defence Systems, we are a munitions pioneer. As the UAEs only medium and large munitions manufacturer, we put over 25 years of expertise and experience to work for leading defence and security organisations across the MENA region and beyond.

Key Responsibilities:

1. The Accountant for Financial Planning & Analytics is responsible for preparing the financial reports required by LAHAB's management to manage the financial planning and budgeting cycle of LAHAB. The role is required to track LAHAB's performance evolution against budgets and consolidating the financial reports and identifying improvement opportunities.

Strategic:

1. Prepares LAHAB's financial planning and budgeting cycle as part of the annual business planning cycle and long-term strategy.
2. Prepare LAHAB's budget by coordinating with different functions, cluster heads and relevant entity professionals. Review submitted budget estimates for completeness and accuracy.
3. Prepare and maintain products costing.
4. Prepare various business cases (new products, business plans, acquisitions etc.) and respective feasibility study.
5. Review the respective costing for Products and propose the sales price for the customers.

Operational:

1. Administer LAHAB's annual planning and budgeting process including processes, templates, timelines and interaction mechanisms.
2. Prepare and Upload all monthly reports to EDGE portal and BOR for Cluster review.
3. Review The Accounts and make sure we have the proper accruals and Reconciliation of the Trial Balance.
4. Analyze, interpret and communicate financial information and prepare periodic management reports to reflect the overall performance of LAHAB.
5. Prepare the supporting for external and internal audit related to costing and inventory.
6. Develop tools and systems to provide critical financial and operational information to the CEO and CFO and EDGE Cluster to make actionable recommendations on both strategy and operations.
7. Develop an efficient financial reporting system to enable the production of management information for monitoring LAHAB's financial performance and comparison against budgets.
8. Prepare and analyse quarterly forecasts of the company.
9. Approve the purchase order validate the budget and commercial value.
10. Approve the CAPEX forms after checking the CAPEX budget.
11. Prepare the cost center wise actual vs budget report.
12. Upload all project costs in ERP system and support the cost disbursement approval process against total budgeted cost.
13. Preparing the cost variance report based on the actual production and allocated overhead.
14. Update standard costs in the bill of materials.
15. Review standard and actual costs for inaccuracies.
16. Validate the cost of goods sold as part of the month-end close.
17. Accumulate and apply overhead costs.
18. Report on margins by product and division.
19. Report on periodic variances and their causes, focusing in particular on spending variances.
20. Inventories closing in ERP and reconcile the GL amount with Inventory value report.
21. Advise on managing costs.

Experience and Education:

1. Bachelor degree in Finance, Economics or Management is required.
2. Masters degree in Finance, Economics or Management is preferred.
3. Professional accounting qualification (e.g., CPA, CIMA, CA, ACCA) is highly preferred.
4. Minimum 5-10 years of financial planning, management accounting, budgeting or management consulting.
5. Experience in UAE/MENA markets is highly recommended.
6. Big 4 experience is preferred.
7. Experience with a publicly traded, global, telco or defence or high technology company is a plus.
8. Excellent Excel and modelling skills is a must.
9. Analytics tools experience with building budgets and reporting is required (e.g., PowerBI, Tableau etc.).
10. Experience with ERP systems (SAP, Oracle etc.).

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