Accounting Manager

Job Description : ACCOUNTING MANAGER DUBAI 10+ years experience As an Accounting Manager you will be responsible for managing and overseeing the daily operations of the Accounting and Finance department. This role involves monitoring and analyzing accounting data and producing financial reports or statements. The person establishes and enforces proper accounting methods, policies, and principles to ensure compliance and efficiency. 1. Management Accounts: Prepare monthly, quarterly, and annual management accounts for senior management review. Analyze variances between actual results and budget/forecast, providing insightful financial commentary. Monitor, track and verify suppliers invoices and follow up on Expense invoices. Lead the preparation of detailed cash flow forecasts and variance analysis. Ensure the accuracy of cost allocations, revenue recognition, and overhead absorption. 2. Financial Accounting: Oversee day-to-day accounting functions including general ledger maintenance, accounts payable, and receivable. Ensure compliance with accounting standards (e.g., IFRS, GAAP). Manage month-end and year-end financial closing processes, ensuring timely and accurate financial reporting. Prepare and review financial statements, ensuring compliance with regulatory requirements. Maintain financial records and ensure efficient financial systems. 3. Trade Finance: Manage all aspects of trade finance operations including letters of credit, bank guarantees, and trade loans. Liaise with banks and financial institutions to negotiate and arrange appropriate trade finance facilities. Ensure proper documentation and compliance with international trade finance regulations. Monitor and manage risks related to trade finance transactions (currency risk, interest rate risk, etc.). 4. Banking and Payments: Processing payments, discussions with bank RMs on cost negotiations, FD rates. Forex conversions, beneficiary additions. 5. Cashflow Planning: Preparing cashflow summary. Monitor and manage South Africa cash flow requirement with support & discussion with SA team. Dubai cash flow planning & investment, basis discussion with TA. 6. Audit & Tax Compliance: Preparing and filing VAT returns and following up on VAT refunds. Verifying the invoices issued by India entities. Review TDS returns before submission. Accounting and filing party wise sales and cost ledger. Engage with auditors for annual audits. 7. Compliance: Discussion on payment and other shipment related matter, with the Shipping team. Vetting LC documents before final submission. Provision of Demurrage & dispatch based on SOF.

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