Senior Accountant

Job Purpose The purpose of this role is to manage and oversee the company’s banking, treasury, financial operations, and compliance activities to ensure effective cash flow management, financial control, and regulatory compliance. The role is responsible for coordinating with banks on financing facilities, guarantees, trade finance instruments, and renewals, while supporting operational finance functions including payments, receivables, payroll review, VAT, and corporate tax processes. It also ensures accurate financial reporting, audit coordination, and timely delivery of financial information to support informed decision-making by senior management. Job Description Manage bank finance facilities renewal banks, including coordination with Relationship Managers. Initiate and coordinate issuance and renewal of Bank Guarantees (APG and PBG) with banks. Liaise with bank Trade Finance teams for operational requirements, documentation, and queries. Manage Trade Finance transactions including TR (Trust Receipts) and LC (Letters of Credit) initiation and coordination with banks. Review and coordinate vehicle financing arrangements, renewals, and related banking processes. Oversee invoice discounting facilities and ensure effective coordination with banking partners. Coordinate with the Sales team on Bank Guarantees, TRs, and related financial instruments. Prepare and update daily cash flow statements to support financial planning and decision-making. Review supplier payments and coordinate with vendors for payment-related queries and clarifications. Monitor and review accounts receivable (AR) and support timely collections. Review payroll inputs, including calculation of employee CTC and related components. Review tax invoices for accuracy and compliance. Manage VAT processing, review, and filing activities in coordination with regulatory requirements. Prepare and analyze ageing reports for receivables and payables. Follow up with senior management on payments, salary transfers, and WPS processing. Review leaves salary calculations and ensures accuracy. Review and verify End of Service Benefit (EOSB) calculations. Supervise and manage the accounting team, ensuring proper delegation of tasks, timely completion of work, accuracy of financial records, and compliance with company policies and procedures. Qualifications Bachelor's degree in Finance, Accounting, Commerce, or a related field. Professional certifications such as CPA, CMA, ACCA, or UAE VAT/Tax certifications are an advantage. Experience Minimum 5 years of experience in Accounting, Finance, and Treasury operations, preferably in the UAE. Strong experience in banking operations with UAE banks, particularly Trade Finance and Treasury activities. Hands-on experience managing: Bank Guarantees (APG/PBG) Letters of Credit (LC) Trust Receipts (TR) Invoice discounting facilities Vehicle financing and banking renewals Experience in cash flow management, AR/AP monitoring, payroll review, VAT filing, and audit coordination. Familiarity with UAE Corporate Tax regulations, VAT compliance, and WPS processes. Experience overseeing month-end closing, account reconciliations, and financial reporting. Experience coordinating with Relationship Managers, Trade Finance teams, auditors, and senior management. Previous experience supervising an accounting or finance team, including delegation of responsibilities, review of work, and monitoring of deadlines. Skills & Competencies Strong knowledge of UAE banking procedures and trade finance documentation. Good understanding of UAE VAT and Corporate Tax regulations. Proficiency in ERP/accounting systems and advanced MS Excel skills. Strong analytical, reconciliation, and financial reporting skills. Ability to prepare ageing reports, cash flow forecasts, and financial schedules accurately. Strong leadership and organizational skills, with the ability to supervise a small accounting team, delegate tasks, and monitor performance. Good understanding of internal financial controls and approval procedures. Excellent coordination and stakeholder management skills. Strong attention to detail with high accuracy in reviewing invoices, payroll, EOSB, and financial documents. Ability to work under pressure, prioritize tasks, and manage multiple banking and finance activities simultaneously. Effective communication and negotiation skills with banks, vendors, auditors, and internal teams. High level of integrity, confidentiality, and professional ethics. Show more Show less