General Ledger Senior Accountant | Richemont
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 “General Ledger Senior Accountant”.
| Company Name |
Richemont |
| Qualification | B.Com | Finance Graduate |
| Experience | 7 – 8 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 |
*****Please note this is a Fixed-Term position******
MAIN PURPOSE
- The Senior GL accountant is responsible for overseeing the GL functions and providing overall guidance to the GL staff members
- Maintain accurate financial statements by ensuring that balance sheet accounts reflect valid transactions and that P&L accounts are accurate and complete
- Perform and assure accurate monthly, quarterly, and year-end accounting closing processes including accounts analysis and reconciliations relevant to the GL function
- Ensure compliance of financial data to internal, professional, and regulatory standards
- Contribute to process improvements, efficiency opportunities, and policy updates
- Propose improvements and innovations that increase process efficiency
Key Responsibilities
Reviews and Validations
- Review and validate the completeness of all journal entries and adjustments (provisions, accruals, etc..)
- Review bank reconciliations
- Ensure Balance Sheet policy maintenance, application, and implementation
- Ensure that Balance Sheet Schedules are properly updated, follow-up and action plans are done on old items and supporting documents are present
- Perform monthly Balance Sheet review with R&A Manager, report escalations when needed
- Review relevant reconciliation of accounts (stocks, suppliers, intercompany, and other general ledgers) as per the defined frequency
- Sign-off balance confirmations
- Review petty cash counts and deposit confirmation
- Ensuring that general ledger accounts are up to date as per Group COFA
- Review and publish CAPEX Management Report
Other Functions
- Perform account analysis to ensure that journal entries and balances are correct and apply necessary accruals
- Align general ledger accounting practices to support budgeting and forecasting
- Assist in SAP technical queries and coordinate with central SAP Team when needed
- Develop and document business processes and update policies to maintain and strengthen internal controls
- Participate in projects when needed, supervise and support projects related to GL functions
- Attend to escalated issues and concerns
- Other GL ad-hoc tasks as assigned
Audit and Internal Controls
- Assist internal and external auditors, implement recommendations (if any), and take corrective action/s when required
- Perform regular tests on controls as per ICS requirements
Management
- Support the GL supervisor in managing workload assignments and delegations of the GL Team; provide support when needed
STAKEHOLDERS
- Finance and Management
- Maisons and Richemont Function team members
- Internal and External Auditors
- IT teams (legacy & SAP)
JOB PROFILE
Education
B.Com/ Finance Graduate, professional accounting certification and qualification would be an advantage
Experience
At least 7 years of relevant experience in Finance with at least 3 years of managerial position, audit experience is a plus
Experience in the luxury industry would be an advantage
Technical Skills/abilities
- Proven accounting skills and experience with GL functions, month-end/year-end closing processes
- Knowledge of computerized accounting systems – especially SAP
- In-depth knowledge of International Accounting Standards / IFRS
- Knowledge in UAE VAT
- Good computer skills, including Excel, Word, PowerPoint, BI would be a plus
Personal Skills/qualities
- Strong management and leadership skills
- Excellent analytical and problem-solving skills
- Effective communication skills
- Exceptional attention to detail
- Proactive with superb time-management and organizational skills (ability to prioritize and perform multiple tasks)
- Compliance mind-set
- Credibility and integrity with confidential information
- Presentation skills
- Experience of project management methodology or will to develop it.
Apply Now:[email protected]