Finance Officer

Location Dubai
Discipline: Global Markets
Job type: Permanent
Contact name: Ander Call

Contact email: ander.call@venturesearch.com
Job ref: 1837
Published: about 2 months ago

Position Summary: We are seeking a skilled Finance and Accounting Analyst to join our dynamic team at the DIFC. The successful candidate will play a key role in managing financial transactions, preparing financial reports, and ensuring compliance with relevant regulations and standards.

Key Responsibilities:

  1. Financial Reporting:

    • Prepare, review, and analyze monthly, quarterly, and annual financial statements.
    • Ensure accurate and timely submission of financial reports to regulatory authorities.
    • Conduct variance analysis and provide insights into financial performance.
  2. General Ledger Management:

    • Maintain and reconcile the general ledger accounts.
    • Record journal entries and ensure accuracy of financial data.
    • Perform month-end and year-end closing procedures.
  3. Accounts Payable and Receivable:

    • Oversee accounts payable and receivable processes.
    • Monitor outstanding payments and follow up with clients/vendors as needed.
    • Process invoices, expense claims, and reimbursements.
  4. Budgeting and Forecasting:

    • Assist in the development of annual budgets and forecasts.
    • Monitor actual performance against budgeted figures and provide recommendations for improvement.
  5. Compliance and Regulatory Reporting:

    • Ensure compliance with relevant financial regulations and standards.
    • Assist in the preparation of regulatory reports and filings.
  6. Financial Analysis:

    • Conduct financial modeling, including scenario analysis and sensitivity testing.
    • Provide insightful analysis on key financial metrics and trends.
  7. Cash Flow Management:

    • Monitor cash flow and manage liquidity to meet operational needs.
    • Recommend strategies for optimizing cash management.
  8. Audit Support:

    • Facilitate the annual external audit process.
    • Prepare supporting schedules and documentation for auditors.

Qualifications:

  • Bachelor’s degree in Finance, Accounting, or a related field. (CPA, ACCA, or similar professional certification is a plus)
  • years of relevant finance and accounting experience, preferably in a financial services environment.
  • Strong knowledge of International Financial Reporting Standards (IFRS) and other relevant accounting principles.
  • Proficiency in using financial software and advanced Excel skills.
  • Excellent analytical and problem-solving abilities.
  • Attention to detail and high level of accuracy in financial reporting.