Accountant/Subsidiaries Jobs in Abu Dhabi – UAE at SUNDUS RECRUITMENT & OUTSOURCING SERVICES LLC

Title: Accountant/Subsidiaries


Location: Abu Dhabi – UAE

Type: Full Time

Category: Accounting, Finance

Position:  Accountant (Subsidiaries)
Job Description



Develop and process reliable and accurate finance and accounting information, ensure that all transactions and tasks are completed in accordance with established guidelines, accounting standards and procedures in order to support the accurate representation of financial performance in the subsidiaries department.
Job Specific Accountabilities    Day-To-Day Operations   Verify that all transactions including cash flow, petty cash and cash interest accounts are classified into their appropriate accounts according to the nature of the financial transaction.
Update the general ledger and chart of accounts post verification of journal entries and other transactions processed by accountants to accurately reflect all transactional activities.
Verify financial data in order to meet the requirements of external representatives such as regulatory authorities and external auditors and respond to any queries in a prompt and efficient manner.
Liaise with internal and external auditors and provide relevant financial information to facilitate the timely completion of audits.
Allocate the proportionate amount of fixed assets to be depreciated to ensure that the asset’s depreciation has been posted accurately in line with the depreciation schedule.
Scrutinise budget proposals received from other functions in order to spot and point out any technical errors or issues.
Review and analyse the credit expenses in order to validate the personal expenses and the group expenses.
Create credit visa cards for executive employees in order to comply with the group’s policy.
Process payments of vendor invoices . Process the timely and accurate payroll and staff benefits to ensure timely payments as per contractual agreements     Collections and Payments   Monitor fund disbursements in order to ensure that all income and expenditure are recorded in compliance with internal procedures and International Accounting Standards.
Follow up on collections made by functions and update book entries to ensure the timely management of the collection cycle.
Run the provisional monthly payments related to training, business trips, advance salaries, and housing and coordinate with HR employees accordingly in order to confirm and reconcile the final employees’ list for required transfers.
Carry out the reconciliation of all bank accounts in order to ensure that all banking transactions are accurate and consistent with factual transactions as recorded in the book of accounts and that variations are eliminated.
Reconcile all pre-payments and expenses against the approved budgets and highlight significant deviations for corrective action or write-off.
Coordinate with the business in order to prepare invoices and support in collection of revenues.
Continuous Improvement   Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices taking into account global best standards, productivity improvement and cost reduction.
Generic Accountabilities    Supervision   Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.
Budgets   Provide input for preparation of the Department/ Section budgets and assist in the implementation of the approv…