UAE Advise

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  “Grants Accountant”.

Grants Accountant

Location: Office Based in Dubai

Competencies

Deadline-Oriented, Accounting, Audit, IFRS Rules, Financial Skills, Analyzing Information, Reporting Research Results, Research Skills, Statistical Analysis, Business Knowledge

A high degree of computer literacy and demonstrated ability to integrate technology in the workplace

Strong verbal and written communication skills and a demonstrated competency to interact with people at all levels of the organization

Good verbal and written communication in English

Responsibilities:

• Prepares monthly statements by collecting data; analyzing and investigating variances; summarizing data, information, and trends.
• Grants reporting as per 2CFR200, Federal Acquisition Regulations (FAR) and related regulations
• Documentation preparation and recording as per the donor requirements
• To remain updated with Uniform Guidance and Federal Acquisition Regulations (FAR)
• Prepares state quarterly and annual statements by assembling data.
• Complies with tax filing requirements by studying regulations; adhering to requirements; advising management on required actions; calculating quarterly estimated tax payments; assembling data for quarterly and annual tax filings.
• Responds to financial inquiries by gathering, analyzing, summarizing, and interpreting data.
• Provides financial advice by studying operational issues; applying financial principles and practices; developing recommendations.
• Advises Program team on grants and contracts compliance
• Setting up a financial system which is fully compliant with the donors’ requirements
• Reviewing the financial inputs submitted by the Program Team during the business development stage
• Complete compliance of payables of Lapis (Agreements, Licenses, Invoices, withholding taxes)
• Reviewing project budgets and grant/contract implementation, with respect to:
• Budget controls
• Preparing corporate budget forecasts and re-forecasts
• Preparing financial reports and invoices
• Responsible for the complete P&L for Lapis in general and for the individual projects in particular
• Preparation of forecasted and interim P&L accounts for on-going projects on need basis for management’s decision making
• Assist the head of finance in supervising Lapis’ financial records in AX
• Collecting, consolidating, and systematically documenting all necessary information to the required level of detail for the interim and final reports to the Contracting Authority, including but not limited to
• Financial client reporting
• Audits, checks, monitoring and evaluations of the contract/grant
• Acting as a liaison between the Lapis and the Finance teams for invoicing to and collections from clients
• Reporting of monthly Lapis revenue and costs numbers to Dubai Office.
• Other tasks as delegated by the reporting supervisor

Experience and Qualifications

• C.A/ACCA – Qualified/Finalist. Bachelor’s degree in finance or accounting
• Minimum 5 years of experience in finance or accounting.
• Previous experience with USAID or donor funded agreements/Cooperative agreements is a must
• Proven work experience and knowledge of working on Grants and adherence of 2CFR200, Federal Acquisition Regulations (FAR) and related laws is mandatory
• Strong hold on 2CFR 100, FAR & Uniform Guidance

Salary commensurate with experience and comparable international roles.

To apply, please send an updated CV  with the subject “Application for Grants Accountant”.

Accounting & Finance