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Chief Accountant

SEVEN, Finance, United Arab Emirates

SEVEN, a prominent organization in the United Arab Emirates, is seeking a Chief Accountant to join their dynamic team. Our company prides itself on its commitment to excellence and innovation in the industry. At SEVEN, we value teamwork, efficiency, and adherence to policies and procedures. As the Chief Accountant, you will play a crucial role in overseeing the day-to-day accounting operations, reporting, and compliance efforts. Working closely with the Financial Controller and management, you will ensure that the group's financial strategy is implemented effectively.

In this role, you will be responsible for supervising daily accounting operations, implementing controls, and mentoring staff to promote teamwork and efficiency within the department. You will verify daily bank balances, review bank reconciliation statements weekly, oversee Accounts Payable processes, and ensure timely supplier payments. Additionally, you will reconcile revenue reports, maintain proper inventory records, and perform month-end accounts reconciliation before issuing monthly financial statements. Your attention to detail will be crucial in identifying any gaps or variances that need to be addressed promptly.

As the Chief Accountant at SEVEN, you will also be tasked with reviewing various monthly reports such as F&B reports and Cost Controller's reports in line with company policies. Ensuring timely tax payments and filings are made while resolving any variances is essential. Furthermore, you will assist the Financial Controller in reviewing accounting policies, budgeting processes, financial analysis tasks, and other ad-hoc duties as required by management. Keeping abreast of new regulations and ensuring proper filing of accounting records will also be part of your responsibilities.

If you are a seasoned professional with a strong background in accounting principles and practices looking to make a significant impact in a reputable organization like SEVEN, we encourage you to apply for the Chief Accountant position. This role is ideal for individuals with experience in overseeing accounting operations at a senior level within the industry. Join us at SEVEN as we continue our mission of excellence and innovation in all aspects of our business operations.

Key Job Requirements:
  • Minimum 5 years of experience in accounting
  • Experience in a supervisory role
  • Experience with month-end accounts reconciliation
  • Bachelor's degree in Accounting or Finance
  • Professional accounting qualification (e.g., CPA, ACCA)
  • Knowledge of IFRS standards
Key Job Responsibilities:
  • Supervise daily accounting operations
  • Verify daily bank balances and review Bank Reconciliation statements weekly
  • Oversee Accounts Payable and ensure supplier payments are up to date
  • Reconcile Revenue Reports
Skills:
  • Accounting operations supervision
  • Financial reporting
  • Compliance management
  • Inventory control
  • Tax payment and filing

Seniority Level: Middle Management

Job Functions: Accounting

  • Financial Analysis
  • Budgeting

Industries : Finance

  • Hospitality
  • Retail

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