Accountant

Overview

Job Title: Financial Analyst, UAE
Location: Dubai, UAE
Employment Type: full-time – hybrid

The job: The Financial Analyst is part of a small financial control team responsible for AVEVA Software Middle East (UAE).

Core responsibilities of a Financial Analyst include full accounting and tax compliance in line with local UAE regulations, which are complex and ever changing. The role requires in depth knowledge of local UAE accounting principles and tax law, with a great deal of hands-on experience in managing key processes, such as VAT returns and external audit.

Good controllership at AVEVA means a focus on the accuracy of our data, thorough understanding of the balance sheet, adherence to internal controls, timely reporting of results to Group, and engagement with the wider finance team to continuously improve our processes and controls.

Key Responsibilities:

Finance analysis

• Month-end, quarter-end, and year-end closing activities; prepare accruals, reclassifications, reallocations, etc., as necessary
• Reporting activities, including priority items, Contract Assets and Liabilities, etc.
• Review and correct purchase orders and goods receipts to ensure smooth booking of supplier invoices
• Ensure the coding of supplier invoices is in line with local accounting principles and tax regulations
• Review of costs in accordance with the master chart of accounts and dimensional structure of the Group
• Properly account for differences in accounting principles to ensure compliance with local tax regulations and facilitate statutory compliance
• Review of intercompany and related party transactions, ensuring all intercompany transactions are recorded and netted off in accordance with group instructions
• Ensure compliance with Group accounting policies and review of significant accounting judgements
• Relationship with the shared service centre (SSC): act as the primary point of contact for key finance processes such as Record to Report, Purchase to Pay and Invoice to Cash ; review the deliverables, such as reconciliations (BS, AR, AP, FA) ; ensure the service delivered is fully in line with local regulatory and statutory requirements ; participate in reviews (e.g., BS review calls, cash collections calls) and make recommendations, follow-up on the implementation of action plans ; assist in processing non-standard transactions

Tax:

• Ensure compliance with all statutory tax requirements in UAE including, but not limited to: reconciliation and monthly, quarterly, and annual returns for all taxes, including CIT, VAT, WHT
• Participate in the implementation of new developments (tools, processes) to ensure continuous compliance with the ever-changing statutory requirements in UAE
• Preparation and submission of Transfer Pricing local files, in conjunction with external service providers (e.g., Deloitte)

Treasury

• Prepare and review the weekly cashflow and cash forecast; submit funding requests/loans to Group Treasury as required

Compliance

• Ensuring compliance with the Group’s minimum internal control framework, and enhancing those controls where necessary
• Preparation of annual financial statements
• Preparation for internal audit and responding to requests
• Lead External audit liaison and compliance
• Ensure full compliance with statutory requirements in terms of e-archiving, safekeeping of accounting records, and filing of expense claim receipts

Projects

• Take part in the timely and successful execution of projects, from a finance perspective (e.g., LERP, Concur, Oracle)
• Ensure all local accounting, statutory, and tax requirements are fully met and implemented during all projects

Misc.

• Support Sales in providing key financial metrics and tax certificates during supplier onboarding and updating of the customers’ records

Essential Requirements

• Graduation or post-graduation degree in Accounting, Finance or relevant field
• Proven 5-10 years of work experience as a Financial Analyst or similar role
• Advanced level of written and spoken English and Arabic (verbal/written)
• You will have strong communication skills in all forms
• You must be: detailed oriented, very meticulous, able to prioritize and open to learning and curious
• Advanced knowledge of MS Excel (Excel, Powerpoint and Word)
• Knowledge of Oracle Financial Applications and HFM would be a plus