Finance Executive

5 days left

Recruiter
Red Castle
Location
Dubai (Emirate) (AE)
Salary
Competitive salary
Posted
17 Feb 2021
Closes
05 Mar 2021
Contract Type
Permanent
Hours
Full Time

The role holder is responsible for executing the various activities pertaining to financial accounting under the guidance of the reporting manager. Also, the role executes routine tasks as assigned by the reporting manager in compliance with the policies and procedures.

Responsibilities

  • Executes all monthly accounts payable and accounts receivable procedures for the assigned entity, including preparing journal vouchers and payable and receivable transactions (payments, receipts, debit notes, credit notes, and invoices).
  • Receives invoices and performs invoice matching and reconciling with delivery notes against invoices and purchase orders.
  • Executes all monthly general journal and general ledger procedures in accordance with established organizational policies and standards.
  • Prepares accounts payable cheques and wire-transfers with payment vouchers for necessary approval.
  • Reconciles accounts with major suppliers/vendors/contractors and arranges for balance confirmations.
  • Validates customers (commercial) history, credit ceiling or aging reports and updates the stakeholders on late receipts.
  • Maintains the account receivable ledger and process account receivable closing and reporting.
  • Receives payments and receipts, records them and performs matching and remittance.
  • Ensures that all accounting entries are supported with valid documentation.
  • Coordinates with auditors as needed on research/resolution of any accounting issues/discrepancies.
  • Liaises with external customers and suppliers with respect to periodic reconciliation of account statements.
  • Assists with research on the preparation of feasibility studies, financial due diligence, financial modeling & valuations, financial projections and other type of financial analysis to support financial decision making.
  • Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year.
  • Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training.
  • Understands the competencies relevant to his/her role, and works towards displaying as well as developing these effectively.
  • Keeps abreast of relevant professional/industry developments, new techniques and current issues through continued education and professional networks.

Required Skills

  • Bachelor’s Degree or equivalent in Finance or Accounting.
  • A minimum of 4 years of relevant experience in a similar role.
  • Fluency Arabic communication skills is a must for this role.

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