Manager Accounting and Reporting | Etisalat and
Company Name: Etisalat and
Qualification: Masters & Bachelors Degree
Location: Dubai, United Arab Emirates
Salary Range: 22,000 AED – 25,000 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
We’re a global technology group focused on innovation and collaboration to create a better future for all. Since 1976, we’ve been pioneering new technologies and expanding our reach to more people and places. Today, we provide services to over 163 million customers across 16 countries in the Middle East, Asia, and Africa through our telecom brands under e& international and etisalat by e&. We’re committed to driving the digital future to empower societies and help businesses and governments create a smarter, safer, and more sustainable world through all our business verticals including e& enterprise, e& life, and e& capital. Our goal is to empower people, communities, and societies worldwide to achieve more.
Job Description/Role
Job Purpose
- Manage Group Accounting and periodical closing of its books of accounts in accordance with IFRS and delivery of relevant financials, reports and statements.
- Contribute to the development of the Group’s Finance strategy
- Ensure implementation of relevant financial accounting and reporting policies, processes and procedures designed to add value and improve operations at Group level.
- Support the Sr Director – Financial Consolidation and Reporting in overseeing the Group’s general accounting activities and ensuring timely and accurate preparation of the Group’s financial statements
Main Responsibilities
- Provide relevant inputs to the development of financial accounting and reporting processes, procedures and timelines in order to achieve Group Finance strategic and operational objectives
- Manage the monthly closing of Etisalat Group (Standalone) books in accordance with IFRS and delivery of relevant financials, reports and statements required.
- Manage the monthly data upload relating to Etisalat Group Standalone and other entities as applicable on Hyperion.
- Coordination with the Auditors for quarterly reviews and year end audit of Etisalat Group (Standalone) books
- Manage the Coordination with FC&R team on the period end/ year-end closing of certain SPVs and delivery of relevant financials, reports and statements required and coordination with the Auditors and Group Legal (for Board resolutions, etc) as required.
- Manage the timely and accurate completion of all accounting processes, and financial reports of certain SPVs in accordance with with Group Accounting policies and international accounting standards
- Ensure, review and ultimately be responsible for the timely and accurate preparation of the Etisalat Group standalone and SPV’s financial statements as applicable.
- Oversee day-to-day operations of the Group Accounts Payable, Accounts Receivable and General Ledger Accounts.
- Manage the Group’s project costing and fixed assets accounting to ensure within planned budgets as per approvals
- Ensure accounts payable and receivable are within accepted norms; highlight significant variations for the attention of the Sr Director – Financial Consolidation and & Reporting
- Manage the group payments by monitoring, checking and conducting all supplier payment related procedure in accordance with contract specifications and group accounting standards and policies.
- Manage the group Receivables by monitoring, checking and conducting all intra group receivables related procedure in accordance with group accounting standards and policies.
- Coordination with the Opcos and relevant departments within UAE and Group for the collection of Group Receivables and timely resolution of all Intercompany disputes.
- Review the MSA , Contracts, and Shareholders loans with the Opcos as and when required and effective coordination with relevant departments (Group Tax, Legal, Contracts, etc) and Opcos in this regard.
- Contribute to the development of the Finance strategy for the Group and oversee its implementation in area of responsibility across the Group
- Review the analyses of relevant Finance processes, and recommend optimization to enhance functional performance and efficiency
- Monitor, track and follow up on the performance and competence of the Financial Accounts team
- Develop and recommend the financial and manpower budget for the Financial Accounts Section; control section budget within approved parameters
- Conduct analysis for the optimization and streamlining of specified processes to support the enhancement of functional performance and efficiency.
- Collate and review drafts of the financial and manpower budget for area of responsibility
Education Required:
Bachelor’s degree in Banking, Economics, Finance, Accounting
Related Professional Training, Certification or Membership:
Relevant professional accounting qualification/ certification (ACCA, CIMA, ACA, CPA, etc.)
Years & Field of Experience required:
6 to 8 years of experience, involving similar financial accounting and reporting responsibilities in a reputable banking/ financial services firm, telecoms company or other multinational organization, including most recent 3 years in a managerial role
We thank all applicants for their interest, however only those shortlisted for an interview will be contacted. If you have not heard from us within two weeks of your application, please consider your application as unsuccessful.