Chief Accountant - ELECTRA

Job overview 
 
At Electra, we believe in equal opportunities for all. Join our dynamic and multicultural team, where diversity is valued and respected. We are actively expanding across the GCC and welcome professionals who thrive in inclusive environments.
 
Main Accountabilities
 
Recording & Reporting: For all companies
·        The ideal candidate has reasonable knowledge of IFRS and local tax laws (corporate + VAT) as applicable in UAE and KSA
·        Experienced in handling statutory audits as well as ICV audits
·        Sufficient experience in project reporting and group consolidations and reporting
·        Maintain the GLs of all the entities and keep them up to date
  • Oversee closing procedures in ERP (journal entries, accruals, reconciliations).
  • Automate recurring processes (e.g., depreciation, provisions, allocations)
  • Generate and review trial balances and financial statements from the ERP.
  • Perform an accurate month end reporting
 
    1. Maintaining Fixed Assets Register, Posting LPO's related to Fixed Assets, Depreciation entries posting.
    2. Booking of Provision / Reversal Entries to cover gratuity, deferral entries, admin payroll and wages, Expenses Allocations, stock out entries, monthly cut-off entries.
    3. Booking Intercompany transactions to cover sales, purchases, subcontracting, direct labor and project management.
    4. Maintain sub-ledgers,
 
  • Performing G & A Analysis on monthly basis and ensuring accurate reporting
  • Assist in filling out returns for (WHT, VAT & CT) across all GCC entities
  • Supervise and complete the reporting packages to file with Holding entity in Germany.
  • Perform Internal Job id Creation, Closing and Opening of the period, Creation of GL Codes in COA, New added GL codes Adding in Accounts Schedule
Knowledge & Experience:
 
Number of years of Experience
 
  • 3-5 years of experience with prestigious organization (Audit experience will be additional)
 
Education
 
  • Graduate / Certified Accountant
Systems
 
  • On hand ERP accounting software experience
 
Certification
 
ACCA, CIMA, CA, CPA 
 
Language
  • English
 
Technical & Functional Skills
  • MS Office, Microsoft dynamics NAV or on hand experience for using any other ERP software.
 
Other Skills and Competencies
  • Effective Team Player
  • Good Communication Skills
  • Quick learner
  • Adaptive to the environment
  • Open minded
  • Leadership skills
  • Team Management
  • Corporate Ethics
  • Time Management
  • Prioritizing
 
General Obligations towards Health, Safety and Environment   
  • You will correctly use machinery, appliances, tools, transport, and all equipment issued by the company.  
  • You will correctly use personal protective equipment supplied by the company.  
  • You will not remove any safety devices for any machinery or installations.  
  • You will perform all tasks set forth by safety and environmental regulations and thus cooperate with Electra to ensure a working environment and condition that do not pose any risks in terms of health, safety and environment to others.