Job Description

• Candidate with CA or ACCA qualification with min. 5-6 years of exp. in Money Exchange, Remittance, MTO industry required.
• Prepare operational and risk reports for management analysis.
• Prepare financial and regulatory reports required by laws, regulations and boards of directors.
• Substantiates and justified expenditures and expense reports
• Responsible for overseeing accounting procedures, internal controls (implementing, monitoring, enhancing), and database management
• Randomly audits work flow to assure that all accounting transactions are appropriately authorized
• Collaborates with business unit managers to advise on matters concerning the Company's risks, controls, and best practice
• Prepares financial models for feasibility and projected returns analyses
• Operates internal control and risk reporting systems to ensure fluid, transparent, and effective financial management
• Performs evaluation studies to ensure new procedures are implemented
• Conducts operational and financial audits of company business units -
• Reports on special reviews and identifies risks and opportunities related to internal and external operations and develops recommendations for improvement
• To receive, review and process petty cash claims
• Prepare documentations for Internal/External auditors and CBUAE audit/inspections.
• Evaluate Account ERP system, advise on periodical upgradation of accounting system.
• Advises management and performs assigned tasks to provide reasonable assurance as to the reliability and integrity of information; compliance with policies, processes, management guidelines, agreed contracts with third parties and Government laws and regulations, safeguarding of company assets, economic use of resources, accomplishment of corporate objectives, risk management and best practice processes.
• Coordinate year end audits (external & internal and CBUAE inspection)
• Maintains vendor and customer relations - Attend vendor meeting prior to procurement of goods/services/products
• Maintain proper accounting entries / records. Prepare compute input on sales, purchases, expenses, receipts, payments, receivable and inventory.
• Responsibility over cash movement in / out and spot-checking.
• Responsibility over banking transactions and preparation of bank reconciliation.
• Supervises or prepares monthly journal ledger entries & reconciliations
• Evaluate financial reporting systems, accounting and collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
• Analyze and classify risks and investments to determine their potential impacts on companies.
• Maintain control / log of assets allocation / depreciation of Assets.
• Reviews monthly closing process
• Manager & Oversee yearly internal & external audit preparation
• Team building - Train, Coach Team of Accountants & oversee their performance and upgrade their knowledge and skills

Job Type: Full-time

Application Question(s):

• Do you have CA or ACCA qualification
• Do you have work experience in Money Exchange, Remittance or MTO industry in UAE / GCC

Expected Start Date: 10/12/2024