
Senior Accountant
💰 Estimated salary: AED 16,000–28,000/month· MenaJobs market estimate
At a Glance
- Category
- 🏦 Finance & Banking
- Level
- Senior
- Type
- Contract
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Job Purpose
Perform accounting duties and supervisory functions related to verification, processing and control of accounting records including general ledger, payables, receivables and financial payments, records and documents.
Job Specific Accountabilities (Part 1)
Coordinate activities of the assigned staff performing supervisory responsibilities and ensuring compliance of the team with the set financial standards.
Supervise preparation of accurate and timely month / year end closing reports ensuring that all accruals are correctly booked.
Review control account falling under own responsibility in order to ensure that individual and collective accounts are well maintained and reconciled accordingly with subsidiary and general ledgers.
Scrutinize cost reports and ensure that costs are correctly allocated, variances are investigated and discrepancies are corrected.
Implement effective budgetary control at pre-expenditure stage and monitor expenditure reports to ensure expenditures are within budget and any over-expenditure are authorized.
Verify and endorse invoices for suppliers in order to ensure that invoices are settled in compliance with contracting terms.
Verify and endorse payroll details (on / off cycle) ensuring that payments are made against duly authorized orders of payment and in compliance with approved policies and procedures of the company and that total payroll expenditure are in line with allocated budget requesting justification in case of variances.
Operate the company's bank accounts ensuring effective cash management and compliance with the company's regulations governing credit limits and risks. Reconcile the company's records with bank statements.
Job Specific Accountabilities (Part 2)
Job Specific Accountabilities (Part 3)
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 Section / Department budgets and assist in the implementation of the approved Budget and work plans to deliver Section objectives.
Investigate and highlight any significant variances to support effective performance and cost control
Policies, Systems, Processes & Procedures
Implement approved Section / Department policies, processes, systems, standards and procedures in order to support execution of the Section s / Department work programs in line with Company and International standards.
Performance Management
Contribute to the achievement of the approved Performance Objectives for the Section / Department in line with the Company Performance framework.
Innovation and Continuous Improvement
Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the function.
Health, Safety, Environment (HSE) and Sustainability
Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.
Reports
Provide inputs to prepare Section MIS and progress reports for Company Management.
Generic Accountabilities (continue)
Internal Communications & Working Relationships
Contact with line Manager/ peers and other employees within the company/Group as required
External Communications & Working Relationships
Contact with external parties including consultants, third party service providers, and government agencies as required
Minimum Qualification
Bachelor Degree in Accounting / Finance
Minimum Experience, Knowledge & Skills
8 years of experience, including at least
Revenues/ Budget: As per approved financial budget
Direct Reports: As per organization chart
Indirect Reports: As per organization chart
Professional Certifications
As applicable
Work Condition, Physical effort & Work Environment
Physical Effort
Minimal
Work Environment
A/C environment, could be exposed to the prevailing weather conditions like heat, humidity & dust during occasional site visits
Additional Details
Job Family / Sub Family: Finance / Financial Accounts
Requirements
- •Experience in supervising accounting staff
- •Knowledge of financial standards and compliance
- •Ability to perform month/year end closing
- •Experience in cost report scrutiny and variance analysis
- •Experience in budgetary control and expenditure monitoring
- •Ability to verify and endorse supplier invoices
- •Experience in payroll verification and processing
- •Proficiency in bank account operations and cash management
Responsibilities
- •Coordinate activities of assigned staff and ensure compliance with financial standards
- •Supervise preparation of accurate and timely month/year end closing reports
- •Review and reconcile control accounts with subsidiary and general ledgers
- •Scrutinize cost reports and investigate variances
- •Implement budgetary controls and monitor expenditure reports
- •Verify and endorse supplier invoices and payroll details
- •Operate company bank accounts and manage cash flow
- •Train and develop staff on relevant skills
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ADNOC is a leading integrated energy and chemicals company based in the UAE. They are involved in exploration, production, refining, and distribution of oil and gas.
