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Accountant

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Al Ansari Exchange

2mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Dubai

AI generated summary

  • You should maintain accurate accounts per IFRS, manage GL balances, support financial reporting, handle AP/AR, liaise with auditors, ensure financial controls, and perform ad hoc analyses.
  • You will maintain accounts, perform financial reporting, analyze variances, manage transactions, liaise with stakeholders, assist audits, ensure compliance, and support financial operations.

Requirements

  • - Maintain books of accounts and ensure that accounting transactions are recorded as per International Financial Reporting Standards (IFRS)
  • - Maintain all General Ledger (GL) balances and schedules on a monthly basis and reconcile all outstanding matters on a timely basis.
  • - Perform the closing and financial reporting processes at the defined frequency, i.e., monthly, quarterly, and annually in a time-bound and accurate manner
  • - Support the business and Finance functions with regular financial analysis, and provide insights into variances in different balances.
  • - Liaise with relevant departments and stakeholders (both internal and external) for seamless processing of inter-company transactions.
  • - Manage the accounts payable, and accounts receivable processes
  • - Coordinate with internal and external auditors for financial audits
  • - Coordinate with relevant departments for supporting the business with procurement, inventory management, and fixed asset management requirements
  • - Assess and plan for the tax implications of applicable taxation regimes
  • - Ensure that the financial controls defined by the Group are implemented and adhered to in the assigned business entity
  • - Support the business and Finance department with any ad hoc analysis and reporting requirements
  • - Adhoc reporting and analysis related to business decisions as required by the immediate line of authority.

Responsibilities

  • Maintain books of accounts and ensure that accounting transactions are recorded as per International Financial Reporting Standards (IFRS)
  • Maintain all General Ledger (GL) balances and schedules on a monthly basis and reconcile all outstanding matters on a timely basis.
  • Perform the closing and financial reporting processes at the defined frequency, i.e., monthly, quarterly, and annually in a time-bound and accurate manner
  • Support the business and Finance functions with regular financial analysis, and provide insights into variances in different balances.
  • Liaise with relevant departments and stakeholders (both internal and external) for seamless processing of inter-company transactions.
  • Manage the accounts payable, and accounts receivable processes
  • Coordinate with internal and external auditors for financial audits
  • Coordinate with relevant departments for supporting the business with procurement, inventory management, and fixed asset management requirements
  • Assess and plan for the tax implications of applicable taxation regimes
  • Ensure that the financial controls defined by the Group are implemented and adhered to in the assigned business entity
  • Support the business and Finance department with any ad hoc analysis and reporting requirements
  • Adhoc reporting and analysis related to business decisions as required by the immediate line of authority.

FAQs

What are the essential functions of the Accountant position?

The essential functions include maintaining books of accounts, ensuring compliance with IFRS, managing General Ledger balances, performing financial reporting processes, conducting financial analyses, liaising with departments, managing accounts payable and receivable, coordinating audits, and supporting various business functions.

What qualifications are required for the Accountant role?

While specific qualifications are not detailed in the job description, typically a degree in Accounting or Finance and relevant experience in a similar role are expected.

How often will financial reporting occur in this position?

Financial reporting will occur monthly, quarterly, and annually as part of the closing processes.

Will the Accountant be involved in tax planning?

Yes, the Accountant will assess and plan for the tax implications of applicable taxation regimes.

Who will the Accountant collaborate with in this role?

The Accountant will liaise with various departments and stakeholders, including internal and external auditors, for seamless processing of transactions and financial audits.

Is experience with IFRS important for this role?

Yes, maintaining books of accounts as per International Financial Reporting Standards (IFRS) is a key responsibility of this position.

What skills are necessary to succeed in this Accountant role?

Strong analytical, reporting, and communication skills, along with experience in accounts management and knowledge of financial controls, are essential for success in this role.

What tasks are involved in the accounts payable and receivable processes?

The Accountant will manage the accounts payable and receivable processes, which include recording transactions, ensuring payments are made and received on time, and reconciling outstanding matters.

Does the Accountant role involve supporting procurement and inventory management?

Yes, the Accountant is responsible for coordinating with relevant departments to support procurement, inventory management, and fixed asset management requirements.

Are there opportunities for ad hoc reporting in this position?

Yes, the Accountant will support the business with any ad hoc analysis and reporting requirements as necessary.

Al Ansari Exchange

Al Ansari Exchange L.L.C, a leading exchange company in the UAE with the largest branch network.

Finance
Industry
1001-5000
Employees
1971
Founded Year

Mission & Purpose

Al Ansari Exchange is a leading financial services provider offering a range of services including money transfers, foreign exchange, and bill payments. Their ultimate mission is to deliver reliable, efficient, and secure financial solutions to customers, enhancing their financial management experience. Their purpose is to provide convenient and accessible financial services, catering to both individual and corporate clients, while maintaining high standards of customer service and operational excellence.