Senior Accountant | TECOM Group

A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Senior Accountant”.

Company Name
TECOM Group
Qualification Bachelors Degree | CA | CPA | CMA | ACCA
Experience 5 – 7 years of Relevant Experience Required
Monthly Salary 12,000 AED – 15,000 AED 
Employment Type Full  Time | Permanent
Company Size 50-100 Employees
Benefits Medical Insurance 
Location Dubai

We are looking for a UAE National Senior Accountant – Revenue & Billing to join Dubai Community Management.

The role holder is responsible for accurate and timely processing of all receivables, billings, invoicing cycle, and reconciliation of customer accounts for DCM, its entities and business units in line with the IFRS guidelines and internal policies & procedures.

Key Responsibilities/Accountabilities

Accounts Receivable & Billing Operations

  • Prepare timely and accurate invoices for all cost recovery & services after reviewing the required supporting documents and ensure these are sent to the customers in a timely manner.
  • Ensure that revenue is correctly recorded in Oracle and do the necessary postings to comply with IFRS, keeping in view different portfolios
  • Review the accuracy of the interface of invoices from source system against the revenue reconciliation sheets.
  • Ensure that the correct TAX code had been used during recording of the transactions.
  • Review the accuracy of the manually recorded invoices and receipts in on the systems, and rectify any wrong postings.
  • Conduct monthly / quarterly / yearly closing of A/R accounts in line with IFRS guidelines in coordination with various departments as required.
  • Conduct full and regular reconciliation of DCM’s accounts receivable sub ledger with general ledger accounts and maintain relevant break downs and supporting documentation.
  • Follow up for the recovery of outstanding amount by coordinating with relevant departments and teams involved.
  • Prepare NOC document, make adjustment of deposits, if any by actively liaising with relevant departments for day-to-day operations execution.
  • Maintain accounts in the system accurately to reflect DCM’s financial position and performance.
  • Address customer billing queries and advise in resolving and troubleshooting billing issues. Escalate unresolved issues to the line manager as required.
  • Process and prepare documents related to cost recoveries, services in co-ordination with relevant departments and ensure they are accurate and timely.
  • Prepare periodical receivables schedules for receivables, ageing, write-offs, and other accounts.
  • Provide disclosure details for the purpose of statutory financials, to GL and reporting team in respect of receivables, service charges and cash & bank balances.

Reporting

  • Consolidate and send Monthly Revenue Report for all owners’ associations to AP
  • Prepare Receivables Ageing report for the management to ensure the reduction of overdue receivables and to maintain good cash flow, liquidity and reduce uncollectable receivables.
  • Prepare and reconcile reports on plots, master plans, etc. as applicable.
  • Support the line manager in preparing various financial and statistical reports for the Management to ensure operational efficiencies.

Auditing Support

  • Maintain relationships with external and internal auditors during the audit cycle to support the audit of A/R accounts and resolve any discrepancies as required.
  • Prepare all requirements for internal and external audit.

Continuous Improvement and Systems Support

  • Provide recommendations to enhance systems, procedures and policies in order to ensure continuous development of processes, data accuracy, internal controls and protection of organization’s interest.
  • Ensure proper documentation of agreements and contracts to ensure easy retrieval and availability upon request.
  • Coordinate, and support systems related special projects for the Accounts Receivables function as needed.

Knowledge & Experience

Minimum Qualification:

  • Bachelors’ in in accounting / finance / business administration.
  • CA / CPA / CMA / ACCA or equivalent professional qualification in accounting.

Minimum experience:

  • Minimum 4-6 years post qualification accounting / auditing experience within a large real estate or retail conglomerate.
  • Minimum 2 years of demonstrated A/R and billing experience in the Middle East.

Skillset (job specific technical & system skills if applicable):

  • Sound knowledge of accounting principles such as financial statements / consolidation (IFRS), GAAP and company laws.
  • Systems knowledge such as Oracle Financials (R12 / Cloud) / Hyperion experience.
  • Proven track record for improving process efficiencies and solving problems.
  • Attention to detail with a high degree of accuracy.
  • Excellent analytical and numerical skills.
  • Ability to work a flexible schedule during key business deadlines.
  • Advance knowledge of MS Excel and good understanding of internal controls & business processes.
  • Excellent interpersonal skills with the ability to interact with all levels of management.
  • Excellent communication / presentation skills.

Accounting & Finance