Accountant - Tax & Accounting

ES1337 - Accountant - Tax and Accounting

About the Company

The company is located in Abu Dhabi in the UAE. It is a well-funded start-up, on a mission to build the largest cloud in the UAE and to offer artificial intelligence capabilities. The position is for the holding company that houses several companies focused on different domains including healthcare, government and smart cities, finance and commodities, oil and gas, research etc. The common denominator of each domain-related subsidiary is technology, as the group seeks to use artificial intelligence and cloud computing to provide solutions to the UAE government and the other sectors it operates in.

Working Relationships

Internally

· Frequent contact with other departments to coordinate work related to payments

· Regular contact with Internal Auditor as part of regular internal audit review.

Externally

· Contacts with suppliers to answer queries about their payments.

· Liaises with external auditors for quarterly reviews and annual audits

Key Responsibilities

· Responsible for applying accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures.

· Compile and analyze financial information to prepare financial statements including monthly and annual accounts

· Ensure financial records are maintained in compliance with accepted policies and procedures

· Ensure all financial reporting deadlines are met

· Prepare financial management reports

· Ensure accurate and timely monthly, quarterly and year end close

· Establish and monitor the implementation and maintenance of accounting control procedures

· Resolve accounting discrepancies and irregularities

· Continuous management and support of budget and forecast activities

· Monitor and support taxation issues

· Develop and maintain financial data bases

· Financial audit preparation and coordinate the audit process

· Ensure accurate and appropriate recording and analysis of revenues and expenses

· Analyze and advise on business operations including revenue and expenditure trends, financial commitments and future revenues

· Analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problems

General Ledger & Taxation

· Review and/or process general ledger accounting records for all entities.

· Responsible for reconciliation of various GL accounts and preparation of schedules thereof after necessary rectification entries.

· Manage the monthly book closure process ensuring efficient and timely accounting. Review and post all intercompany transactions. Meet accounting deadlines for monthly, quarterly and annual financial close. Assist Head of Finance Operations to obtain, review, analyze and communicate financial and non-financial data and reports.

· Work closely with Accounts Receivable, Accounts Payable, Financial Business Partners and Financial Planning team. Liaise with various departments, mainly projects team to monitor accurate cost capturing and feasibilities for all projects.

· Investigating and reconciling backlog of Balance sheet balances.

· Prepare for audit and act as liaison with external auditors and tax consultants Work closely with receivables on revenue recognition on long term contracts.

· Maintain the fixed asset sub ledger/register, ensuring that reconciliation to the General Ledger control account is completed monthly, quarterly and at year end. Maintain depreciation schedule and ensure assets are being depreciated in accordance with company policy Monitors work-in-progress accounts, coordinating capitalization with Project Accounting.

· Lead Taxation and maintenance for all geographies including UAE VAT while conducting VAT Health Check across the organization and reporting on the gaps and identifying the areas for improvement.

· Assist in budget preparation and expense management activities for assigned accounts.

· Ensure implementation and adherence to systems and automation. Support ERP implementation and review of organizational requirements and alignment of ERP systems to ever changing organisational needs