Job Description

Role Purpose:



To Administer the Budget and General Ledger Accounting Systems in coordination with the activities of Payable, Payroll, Fixed asset, Account receivable, AGIS and gather financial information, analysis, prepare and submit reports; in accordance with the set DCAA policies and International Financial Standards. Finalization of accounts, closing of General Ledger, preparation of MIS Report on Monthly basis, annual Financial Statement, Financial Analysis and coordinate with statutory auditors.



Key Responsibilities/Duties:



1. General Budget & Accounting: Maintain the Hyperion Budget Systems, GRP General Ledger Systems; Pass Journal entries, adjustments, balance confirmations, reconciliations, obtain approvals etc of all the accounting activities handled by different accountants within the division to ensure all transactions are in compliance with the international accounting standards and set DCAA policies & procedures.

2. Support to Accounts Payables & Receivables: Handle and support the team to manage complex or unusual payments and their accounting treatment in financial accounts. Ensure accuracy in revenue billing, cash collections, debtor's collections and age analysis, MIS reports.

3. Financial Analysis & Reporting: Analyze the Operational & Capital Expense Accounts and prepare reports for the Financial Planning Manager with recommendations or feedback regarding the utilization of DCAA resources. Ensure financial statements are prepared on timely basis; provide timely and reliable financial information to external and internal users in accordance with Government of Dubai's financial circulars & regulations and ensure compliance with the reporting requirements.

4. Compliance and Audit: In Collaboration with the Finance Planning Manager, coordinate with managers, accountants to prepare financial statements or other mandated reports, Financial Analysis, submission to Department of Finance, Government Auditors and take appropriate actions based on observations concerning internal controls, accounting procedures and other related matters.

5. Payroll: Coordinate with HR and Accounts Payable to facilitate the payroll of DCAA's employees and to ensure that the payroll entries are recorded in the General Ledger every month.

6. Accounting Process: Identify major problem in all areas of accounting, reporting or compensation in order to develop adequate solutions. Coordinate with GIR for System development for processes and reporting, implement the up-to-date developments in GRP Financial and Procurement to automate all the facilities.

7. Asset Acquisition and Movement Reports: Manage the movement of inventory items. Prepare reports for the acquisitions, disposal, and replacement of DCAA Assets. Maintain a track of all DCAA assets.

8. Bank Reconciliations: Review of bank accounts, credit card accounts and bank statements for the reconciliation of Bank balance at bank and accounts, checking of Bank Reconciliation Statement on a monthly basis, advise corrective actions, to ensure accuracy for all the bank transactions.

9. Other duties: Perform any job-related activities as requested by the Head of Section or Management.



Qualifications



Academic Qualifications:



Bachelor's Degree / Master's Degree in Commerce, Business Administration, Accounting, Finance or related field.



Professional Experience:



At least six (6) years' working experience in corporate accounts.