Chief Accountant

Recruiter
Potential Recruitment
Location
Abu Dhabi, United Arab Emirates
Salary
Competitive
Posted
18 Apr 2019
Closes
19 May 2019
Ref
3905020
As a Chief Accountant, you will work directly with the Section Head and the
Financial Controller, supporting the day-to-day financial activities including;
transactional activities, preparation of month end accounts, bank and balance sheet
reconciliations, accruals and advance payments, audits and year-end statutory
accounts.

Basic Function: The Chief Accountant is accountable for supporting, and
providing technical expertise, within the general accounting operations section as to
the consistent use of international based statutory, and regulatory-based accounting
principles of the entity. Duties include:
1. Supporting the consistent application of entity policies for revenue and cost
transactions
2. Provide data needed to support the preparation of monthly, quarterly, and
annual financial reports (statutory format) in conjunction with the Financial
Controller and Management Accounting and Reporting Section
3. Supporting the Maintenance of an adequate system of accounting records (both
approved Policy, Procedures, and ERP system performance, as required).
4. Enhance the accuracy of the company's reported financial results, and
5. Ensure that reported results comply with international financial reporting
standards (Approved Accrual Standards) and Modified Cash Basis (regulatory).

Principal Accountabilities:
Management
1. Maintain/Revision of the documented system of accounting policies and
procedures (guides financial decisions by reviewing and enforcing policies and
procedures)
2. Oversee the accounting operations of subsidiary activities, especially their
control systems, transaction-processing operations, and policies and procedures.
3. Protects assets by reviewing and enforcing internal controls.
Transactions
1. Ensure that accounts payable are paid in a timely manner
2. Ensure that all reasonable discounts are taken on accounts payable
3. Ensure that accounts receivable are collected promptly
4. Ensure that monthly bank reconciliations are completed
5. Ensure that required debt payments are made on a timely basis
6. Regular review of the chart of accounts
7. Ensure an orderly accounting filing system
8. Monitor that the system of controls over accounting transactions is adhered to
and enforced
9. Support VAT Tax preparation and reconciliation (in conjunction with the
Financial Controller and Section Head)