Job Description: Senior Accountant (Based in Jebel Ali)
Location: Dubai
Department: Finance
Reporting To: Senior Finance Manager / Finance Manager
Role Summary: The Senior Accountant will be responsible for managing daily banking and accounting activities, handling trade finance documentation, monitoring cash flow, and supporting month-end closing and audits. The role requires close coordination with banks, suppliers, and internal departments.
Key Responsibilities
1. Cash Flow Management
• Prepare and monitor daily and monthly cash flow statements.
• Track bank balances, plan fund requirements, and manage cash inflows and outflows.
• Provide detailed cash flow reporting to management.
• Ensure timely fund arrangements for settlement of bank dues.
2. Trade Finance & Banking
• Manage bank facilities including TR, LCs, Usance/LC acceptances, BGs, PDCs, and invoice discounting.
• Maintain proper records of bank/TR dues and credit facilities.
• Monitor utilization of LC, TR, BG, and other facilities against approved limits.
• Track TR interest, LC charges, BG commissions, and ensure accurate accounting of finance costs.
• Process import payments and coordinate submission of required documents to banks.
• Manage internal and external fund transfers and ensure proper recording in SAP.
• Maintain complete supporting documentation for all banking transactions.
3. Accounting Operations
• Post incoming and outgoing payments in SAP.
• Record import payments, rent payments, prepaid interest, and accruals.
• Pass journal entries and ensure accuracy in ledger postings.
• Record and reconcile intercompany transactions.
• Ensuring all banking, TR, intercompany, and treasury transactions are properly recorded in SAP.
4. Reconciliations & Reporting
• Prepare regular bank reconciliations and resolve differences.
• Perform intercompany reconciliations on a periodic basis.
• Support month-end closing activities.
• Prepare MIS reports and other financial reports as required.
5. Audit & Compliance
• Assist in internal and external audits.
• Ensure proper filing and compliance with company policies and banking requirements.
Requirements
• Bachelor’s degree in Accounting or Finance.
• CA Inter qualification preferred.
• 3–5 years of relevant experience, preferably in a trading or import/export company.
• Strong working knowledge and practical understanding of import/export finance, including TR, LC, BG, PDC, invoice discounting, and SAP is required.
• Working knowledge of SAP and strong MS Excel skills.
• Strong attention to detail and reconciliation skills.
• Ability to handle multiple tasks and meet deadlines.
• Good communication and coordination skills