Chief Accountant

Confidential Company

Operational & Technical

· Supervise daily accounting activities and ensure timely completion of tasks.

· Perform bank reconciliations and month-end closing of general ledger accounts.

· Prepare and validate trial balances and monthly financial statements.

· Review and analyze account balances prior to period closure.

· Ensure proper classification of operating vs. capital expenditures.

· Maintain sub-ledgers and supporting documentation for audit readiness.

· Safeguard contracts, agreements, and ensure compliance with internal policies.

· Prevent unauthorized changes to the Chart of Accounts without Finance Head approval.

· Experience with ERP systems commonly used in the region (e.g., Opera, Prologic, SAP, Sun Systems).

· To maintain close communication with the internal and external auditors and to communicate instructions for the preparation of the internal and external audits, preparing all necessary data and documents (in conjunction with the Finance Head).

· To prepare actual and estimated working capital schedule for Finance Head review.

· To prepare monthly cash-flow and submit it to Owning company to meet the operational requirements.

Accounting & Financial Reporting

· Review daily revenue reports and prepare income journal entries.

· Verify journal vouchers for accuracy and completeness.

· Clear contra and suspense accounts monthly.

· Manage accruals, prepayments, and expense allocations.

· Review cost reports and ensure proper booking expenses.

· Oversee payroll accounting and validate supporting documentation.

· Maintain and amortize fixed asset registers in accordance with policy.

Audit & Compliance

· Liaise with internal and external auditors, ensuring timely submission of required documentation.

· Stay updated on UAE accounting and tax regulations.

· Reconcile bank and credit card statements; ensure Finance Head approval.

· Monitor cash handling procedures and perform random float inspections.

· Prepare working capital schedules and monthly cash flow forecasts for ownership review.

· Ensure proper handling of unused, cancelled, or stale cheques.

Taxation

· Ensure timely declaration and payment of applicable UAE taxes and fees (e.g., VAT, corporate tax, municipality fee, tourism dirham fee).

· Monitor legislative changes and update tax rates in systems accordingly.

· Maintain compliance with FTA regulations and support tax audits.

· To ensure that all tax matters are treated in a proper manner as per the legislation.

· To ensure updating the tax rates or any changes in the system.

TEAM & HR RESPONSIBILITIES

· Assess team workload and assist in task allocation to optimize efficiency.

· Manage leave planning to ensure operational continuity.

· Conduct performance evaluations and recommend development plans.

· Organize on-the-job and external training to enhance team capabilities.

REPORTING & COLLABORATION

· Reports directly to the Finance Head.

· Collaborates closely with accounting team and other departments.

OTHER RESPONSIBILITIES

· Perform additional tasks as assigned by senior management, contributing to departmental and hotel-wide goals.