Senior Accountant Required in Dubai - Dubai
The ideal candidate will have substantial exposure to monthly closing processes, forecasting and budgeting, and customer billing. They will be organized and approach each issue with an analytical mindset.
Responsibilities
Financial Management:
Overseeing all aspects of financial accounting and reporting for the company's projects.
Ensuring compliance with accounting standards, regulations, and company policies.
Managing the preparation of financial statements, budgets, and forecasts.
Analyzing financial data to provide insights and recommendations for improving profitability and efficiency.
Project Accounting:
Establishing and maintaining project accounting processes within SAP Business One.
Tracking project costs, revenues, and profitability.
Collaborating with project managers to ensure accurate project cost allocation and billing.
Reviewing project contracts and agreements to ensure accurate financial recording and reporting.
Cost Control:
Monitoring project costs and expenses to identify variances and potential cost-saving opportunities.
Implementing and maintaining cost control measures to ensure projects stay within budget.
Conducting regular cost analysis and reporting to stakeholders.
Internal Controls:
Implementing and monitoring internal controls within SAP Business One to safeguard company assets and prevent fraud.
Conducting periodic audits of financial processes and transactions.
Recommending and implementing improvements to internal controls as needed.
System Administration:
Serving as the primary point of contact for SAP Business One-related inquiries and support.
Providing training and support to staff members on the use of SAP Business One for project accounting and financial management.
Collaborating with IT and system administrators to ensure the smooth operation and optimization of SAP Business One for the company's needs.
Reporting and Analysis:
Generating and distributing regular financial reports to stakeholders, including project performance reports, variance analysis, and KPIs.
Conducting ad hoc financial analysis and reporting as requested by management.
Presenting financial information and insights to management and project teams.
Continuous Improvement:
Identifying opportunities for process improvements and efficiencies within the finance and project accounting functions.
Participating in cross-functional teams to implement system enhancements or process changes.
Staying abreast of industry trends, best practices, and updates to SAP Business One functionality
Qualifications
Bachelor's degree in Accounting, Finance, or Economics or equivalent experience
Well versed in MS Office applications, especially Excel & PowerPoint (Intermediate – Advance level)
Experience working with SAP is essential
Experience in the field of project management / contracting
Excellent Analytical and Reporting skills
Good communication and presentation skills
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