Financial Reporting Specialist
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The Senior Accountant will play a pivotal role in preparing financial statements, ensuring compliance with IFRS and UAE corporate law, managing auditor interactions, and advising on accounting treatments for M&A arrangements.
This position requires a deep understanding of IFRS, UAE Corporate Law, intercompany accounting, and M&A transactions.
- Prepare quarterly and annual financial statements for multiple legal entities, ensuring timely submission and full compliance with IFRS and UAE corporate law.
- Lead discussions and coordinate with external auditors, managing key audit deliverables and technical issue resolutions.
- Review and validate various intercompany agreements and prepare workings and business cases, ensuring proper accounting and monitoring implementation and adherence to the terms.
- Review legal, shareholder, and JV agreements to determine proper consolidation treatment under IFRS 10, 11, and 12.
- Ensure compliance with JV reporting requirements and maintain day-to-day engagement with JV partners on key accounting matters.
- Review operational books of legal entities to ensure compliance with IFRS, sound bookkeeping practices, and internal controls.
- Collaborate with internal stakeholders, including Tax, Legal, Treasury, and FP&A, to support financial accuracy and integrity.
- Evaluate and document accounting treatments for complex instruments and arrangements, such as put/call options, contingent considerations, and structured deals.
- Prepare technical accounting papers and memos to support positions taken in the financial statements and audit processes.
- Support digital transformation initiatives in financial reporting, enhancing reporting quality and efficiency.
- Assist in internal and external board/shareholder reporting, ensuring key judgments, accounting treatments, and risks are clearly presented.
Lead Financial Reporting
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- Ensure effective cascading of the functional strategy into operating plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.
- Manage the effective achievement of assigned objectives through the leadership of the department by setting individual objectives, managing performance, developing, and motivating staff to maximize sectional performance.
- Lead the talent development initiatives for the assigned department, collaborating with technical/discipline experts and thereby ensure the availability of talent to fit business requirements.
- Act as a role model and drive adherence to organizational values and ethics by employees of the assigned department to foster a value driven culture within the organization.
- Monitor and validate that all departmental operations are conducted in line with the approved budget whilst reporting on any variances for managerial decision-making.
- Lead the development and oversee the implementation of the financial planning framework, plans, processes, and standards considering industry best practices, to contribute to the enhancement of the overall financial management.
- Manage the preparation of budget forecasts aligned with the Group's corporate plans, estimating revenues, costs, and capital investments according to budget structure and rules, ensuring overall accuracy and reliability as per the organization's policies and procedures.
- Lead and oversee the end-to-end budgeting process, making required adjustments to ensure accurate and comprehensive development and consolidation of annual budgets across the Group.
- Provide technical guidance and support while setting budget submission deadlines to facilitate the development and updating of the operating and capital budgets of all functions, aligned with established guidelines,
- Facilitate the timely, complete, and accurate preparation of budgets to enhance overall financial planning efficiency.
- Provide support to the Director of Finance by preparing presentations for the timely delivery of the consolidated budget to pertinent stakeholders, ensuring precision, and comprehensiveness, while providing sufficient justifications for budget components.
- Provide advice to division heads in recommending budgetary control initiatives and corrective action to provide adequate information on current issues and facilitate informed financial decision-making.
- Prepare ad hoc reports supporting the Director Finance in diverse financial planning and budgeting projects and initiatives, thereby contributing to enhanced financial planning, strategic decision-making, and overall organizational performance.
- Liaise with ADQ (ADX Holding Company) on budget submissions while addressing various ad hoc requests, fostering effective communication and coordination to meet organizational objectives.
- Design and oversee the implementation of a financial reporting framework, processes, and standards to meet the division's objectives and requirements relating to accurate and reliable reporting practices.
- Lead the development of monthly financial reports based on forecasting, projecting, and financial planning in a timely and accurate manner, providing a clear picture of the Group's financial performance while adhering to business policies and procedures.
- Define key performance indicators (KPIs) to be integrated within management reporting, by identifying relevant data required, collaborating with departments for insights, consolidating information, conducting analysis, and updating rolling plans to develop and communicate clear management reports and forecasts for the designated areas.
- Manage and oversee the periodic tracking of financial performance against financial plans, providing feedback to relevant internal stakeholders (e.g., business line leaders) including financial results and variance analyses, to identify issues and propose appropriate corrective measures.
- Lead and oversee the preparation and presentation of monthly reporting packs, providing a consolidated overview of the organization's financial performance, while facilitating informed decision-making of senior management.
- Ensure that all unit reports are prepared timely and accurately and meet Group requirements, policies, and quality standards.
- Remain abreast of industry best practices, changes, and market trends relating to financial reporting practices to enhance the Group's financial management practices and ensure alignment with evolving industry standards.
- Lead the development of company-wide business intelligence capabilities by establishing appropriate processes and systems for scanning, capturing, and analysing market, business, and financial data (e.g., world markets, industry, and organizational trends, economic and technology trends, and business benchmarks) to empower strategic decision making while providing insight to enhance financial performance capability and adaptability.
- Manage and oversee the design of holistic financial dashboards by utilizing data from different data sources for presentations to the senior management team, portraying core insights from the data to suggest, create, and execute initiatives that drive fundamental improvements to the business.
- Liaise with various internal and external stakeholders (e.g., cross-functional teams, auditors) to conduct comprehensive financial planning activities and deliver accurate and timely reports, ensuring alignment with relevant standards and requirements to enhance financial decision-making and transparency across the Group.
- Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
- Manage the effective implementation of corporate policies, procedures, and processes to promote a culture focusing on the achievement of world class standards in risk management, QHSE and business continuity in line with regulatory requirements.
- Lead and oversee the identification of risks associated with financial reporting and planning processes, proactively addressing these risks to safeguard the accuracy and integrity of ADX's financial planning and reporting processes.
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Financial Reporting Professional
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As a Financial Reporting Analyst, you will work under the direction of the Controller to provide financial reporting. Your responsibilities include preparing financial reports, generating data, and analyzing financial performance.
- Produce and deliver accurate and timely regulatory reports.
- Implement controls and reviews on regulatory reports to ensure compliance with local regulatory rules.
- Prepare, review, and submit monthly, quarterly, half-yearly, and yearly banking return forms and Islamic banking return forms to the UAE Central Bank.
- Provide expertise on Pillar 1 and Pillar 3 Disclosures in accordance with the latest regulations prescribed by the CBUAE.
- Review central bank reports prepared by team members and authorise/submit reports on the CB portal.
- Perform quality assurance, investigation, and remediation of data validation errors and rejection reports.
- Perform general ledger reconciliation to generate accurate reporting.
- Perform control and cross-checks for returns/fillings before uploading on the CB portal.
- Interpret and analyse new circulars/notices issued by the regulator and implement them.
- Perform financial analysis on regulatory reporting trends.
Financial Reporting Expert
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Financial Reporting Expertise
Job Summary:We are seeking a highly skilled Financial Reporting Expert to manage all financial transactions and prepare comprehensive financial reports.
Key Responsibilities:- Manage all financial transactions, including accounts payable and receivable, ensuring accurate and timely recording of all financial data
- Develop and maintain a thorough understanding of accounting principles and practices to ensure compliance with regulatory requirements
- Prepare monthly, quarterly, and annual financial reports that accurately reflect the company's financial position and performance
- Collaborate with senior management to develop and implement financial strategies aligned with business objectives
- Bachelor's degree in Accounting or related field
- Minimum 2 years of experience as a Financial Reporting Expert
- Proficient in MS Office and accounting software, with advanced skills in data analysis and reporting tools
Financial Reporting Specialist
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We are looking for a skilled professional to drive revenue recognition and accounting processes.
This is a management position requiring strong leadership and technical skills to direct the work of others. We expect to grow a team focused on revenue, with an emphasis on systems and automation, that delivers accurate and timely reporting.
Key Responsibilities- Collaborate with Product Management, Sales Operations, Sales, Legal, and FP&A teams to design standard contracts
- Drive process and configuration improvements in NetSuite and related systems for end-to-end automation of the revenue life cycle
- Incorporate industry best practices and emerging technology to enhance reporting speed and accuracy
- Review and evaluate the revenue recognition impact of non-standard contracts and new products
- Lead, mentor and develop a team of revenue accounting and systems accounting professionals
- Assist in month-end revenue close, including reconciliations, fluctuation analysis, and other reporting
- Develop and maintain effective internal over revenue transactions and reporting
- Research and write accounting memos on significant revenue recognition and other policy matters
- Act as the primary liaison with external auditors in matters related to order-to-cash
- An exceptional academic track record from both high school and university
- An undergraduate degree in Accounting or Finance, or a compelling narrative about your alternative chosen path
- CPA, CA or equivalent with excellent technical accounting skills and IFRS experience
- A detailed understanding of IFRS 15 and relevant rules related to SaaS and services
- Leadership or management responsibility
- A track record of going above-and-beyond expectations
- Experience of software licensing, subscription and services revenue accounting and operations
- Experience driving revenue recognition and scaling accounting processes in a high-growth environment
- Experience with ERP, Rev Rec, CRM, CPQ and other relevant software categories - NetSuite and Salesforce preferred
- Experience in a multi-country multi-currency, operations and tax environment
- Professional written and spoken English
- Excellent interpersonal skills, curiosity, flexibility, and accountability
- Thoughtfulness and self-motivation
- Result-oriented, with a personal drive to meet commitments
- Ability to travel twice a year, for company events up to two weeks long
Financial Reporting Specialist
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The role of an Income Auditor involves reviewing the work of various departments, ensuring accuracy and completeness of financial information. This entails examining financial data from different sources, such as F&B, Night Audit, and Accounts Receivable, to verify its authenticity.
As an Income Auditor, you will be responsible for allocating revenues and posting them to ledgers in a timely and accurate manner. Additionally, you will analyze and prepare daily, weekly, and monthly reports to provide insights into the hotel's financial performance.
Main Responsibilities:- Review and Verify Financial Data: Examine financial data from F&B, Night Audit, and Accounts Receivable to ensure its accuracy and completeness.
- Allocate Revenues and Post to Ledgers: Properly allocate revenues and post them to ledgers in a timely and accurate manner.
- Analyze and Prepare Reports: Analyze financial data and prepare daily, weekly, and monthly reports to provide insights into the hotel's financial performance.
- Perform Other Duties: Perform other duties assigned by Senior Accountant, Chief Accountant, or Director of Finance.
To excel in this role, you should possess a Bachelor's degree in Accounting or a related field. You should also have basic computational ability and knowledge of computer accounting programs.
- Bachelor's Degree in Accounting: A degree in Accounting or a related field is required.
- Basic Computational Ability: Basic computational ability is necessary for tasks such as data entry and analysis.
- Knowledge of Computer Accounting Programs: Knowledge of computer accounting programs is essential for efficient data processing and analysis.
Working with Us
We value diversity and inclusion and strive to create a workplace that is welcoming and inclusive for all employees. As an Income Auditor, you will have the opportunity to work with a talented team of professionals who share your passion for delivering excellent service.
Financial Reporting Expert
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The Regulatory Reporting Specialist plays a crucial role in the bank's financial reporting process, working under the guidance of the Controller. This position involves preparing financial reports, generating data, and conducting performance analysis.
Key Responsibilities:- Produce accurate and timely regulatory reports for entities under remit.
- Implement controls and reviews on regulatory reports to ensure compliance with local regulatory reporting rules.
- Prepare, review, and submit monthly, quarterly, half-yearly, and yearly banking return forms to UAE Central Bank.
- Review and authorise central bank reports prepared by team members and submit reports on the CB portal.
- Perform quality assurance and investigate data validation errors and rejection reports.
- Conduct general ledger reconciliation to generate accurate reporting.
- Perform control and cross-checks for returns before uploading on the CB portal.
- Analyse and implement new circulars/notices issued by regulators.
- Conduct financial analysis on regulatory reporting trends.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work accurately and efficiently under pressure.
- Proficiency in financial software and systems.
- A competitive salary package.
- A comprehensive benefits programme, including health insurance and retirement plans.
- Ongoing training and development opportunities.
This is an exciting opportunity to join our team and contribute to the bank's success. If you are a motivated and detail-oriented individual with a passion for financial reporting, please apply today!
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Chief Financial Reporting Specialist
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The primary objective of this role is to ensure accurate and timely financial reporting. As a Senior Accountant, you will be responsible for preparing various reports and submitting them to management.
Key responsibilities include meeting monthly, quarterly, semi-annual, and annual reporting deadlines; achieving accurate and timely monthly, quarterly, and year-end close; and managing vendor processes, including creditor accruals and reconciliations.
In addition, the successful candidate will report all monthly accounting information to owners and senior management, control bounced cheque processes, and work with the Head of Accounts & Control to set performance targets.
This role also involves improving system and process quality service delivery, monitoring the company's financial position, and preventing problems. Finally, the Senior Accountant will support operation teams in daily activities.
Required Skills and QualificationsTo excel in this role, candidates must possess strong accounting knowledge, specifically an understanding of IFRS rules and managing processes. Proficiency with Microsoft Excel, Access, and Word is also essential.
- ACCA ICAP BA/BS in Business with an emphasis on Accounting
- Understanding of Accounting and legal compliance requirements
- Expert knowledge of IFRS Rules Accounting Managing Processes
- Proficient with Microsoft Excel Access and Word
Experience in real estate and property management is preferred but not necessary. The ideal candidate should have at least 8 years of experience in a similar field.
Chief Financial Reporting Specialist
Posted today
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This position offers a salary of 1700 per month, plus benefits including medical insurance coverage. On-the-job training will be provided as necessary.
The successful candidate will use their financial analysis skills to provide high-quality analysis and reporting to support business decision making.
Key responsibilities include analyzing financial statements, preparing budgeting and forecasting models, developing complex financial models, monitoring industry trends, analyzing data, researching markets and emerging technologies, preparing presentations for senior management, and providing recommendations based on financial findings.
Job Requirements- Bachelor's degree in Accounting or Finance
- Excellent analytical skills with attention to detail
- Ability to work independently as well as part of a team
- Knowledge of accounting principles and procedures
Benefits include a competitive salary, comprehensive medical insurance, and opportunities for professional growth and development.
This role is ideal for individuals who are motivated, organized, and possess excellent communication and problem-solving skills.
Senior Accountant - Financial Reporting
Posted 2 days ago
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Join to apply for the Senior Accountant - Financial Reporting role at ALDAR
Join to apply for the Senior Accountant - Financial Reporting role at ALDAR
Job Purpose
Financial Reporting and Technical Accounting function. This role will be instrumental in preparing financial statements, ensuring IFRS compliance, managing auditor interactions, and advising accounting treatment of M&A arrangments.
Job Purpose
Financial Reporting and Technical Accounting function. This role will be instrumental in preparing financial statements, ensuring IFRS compliance, managing auditor interactions, and advising accounting treatment of M&A arrangments.
Roles And Responsibilities
- Prepare quarterly and annual financial statements for multiple legal entities, ensuring timely submission and full compliance with IFRS and UAE corporate law.
- Lead discussions and coordinate with external auditors, managing key audit deliverables and technical issue resolutions.
- Review and validate various intercompany agreements and prepare workings and business cases, ensure proper accounting and monitor implementation and adherence to the terms
- Review legal, shareholder, and JV agreements to determine proper consolidation treatment under IFRS 10, 11, and 12.
- Ensure the compliance with the JV reporting requirements as the JV agreements and maintain day to day engagement with JV partners on Key accounting matters
- Review operational books of legal entities to ensure compliance with IFRS, sound bookkeeping practices, and internal controls.
- Collaborate with internal stakeholders, including Tax, Legal, Treasury, and FP&A, to support financial accuracy and integrity.
- Evaluate and document accounting treatments for complex instruments and arrangements, such as put/call options, contingent considerations, and structured deals.
- Prepare technical accounting papers and memos to support positions taken in the financial statements and audit processes.
- Support digital transformation initiatives in financial reporting (e.g., DEX, automation tools), enhancing reporting quality and efficiency.
- Assist in internal and external board/shareholder reporting, ensuring key judgments, accounting treatments, and risks are clearly presented.
Min of 6+ years of experience in big 4 accounting firms
Field Of Experience
- experience in financial reporting and technical accounting, preferably in a Big 4 firm or a listed Larget Real Estate Corporation
- Deep understanding of IFRS, UAE Corporate Law, intercompany accounting, and M&A transactions.
- Strong technical writing and documentation skills (memos, audit responses, board packs).
- advanced Excel skills.
- Strong interpersonal and communication skills to work effectively across functions.
- Ability to work independently, apply professional judgment, and deliver under pressure.
Chartered Accountant (CA , CPA) or equivalent.Seniority level
- Seniority levelMid-Senior level
- Employment typeFull-time
- Job functionAccounting/Auditing and Finance
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