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Associate - Financial Accounting (Space42)

Group 42Abu Dhabi, UAE4 months agoSenior
Senior

Skills

Associate - Financial Accounting (Space42)

About This Role

Key Accountabilities

  • Maintain and manage general ledger accounts and ensure timely and accurate month-end and year-end closings using Oracle Fusion.
  • Good knowledge in performing bank reconciliation, maintaining Fixed Asset Register & Project Module.
  • Reconcile balance sheet accounts on a regular basis by preparing schedules and investigate discrepancies.
  • Support internal and external audits by providing required documentation and explanations.
  • Provide accounting services to internal customers and group entities meeting agreed service levels and collaborate with cross-functional departments.
  • Support on financial accounting assignments, tasks, transactions including preparation of financial statements.
  • Serve as first point of contact for financial information needs of external authorities like SCAD, TRA, Space Survey etc.

Technical Competencies

  • Financial Accounting
  • : The process of performing end-to-end accounting activities (also known as record-to-report) in line with general accounting practices and international financial reporting standards including revenue accounting, costs accounting, asset accounting etc.
  • Budgets:
  • The process of performing accounting activities in line with recognized local and international standards.
  • Financial Analysis and reporting:
  • The process of analyzing financial data; the process of reviewing and reconciling data for accuracy, consistency and completeness; creating external financial reports in compliance with international financial reporting standards including financial consolidation; creating internal management reports for performance reporting and decision making.
  • Financial information management systems:
  • The process of identifying and utilizing suitable financial information management systems.
  • The process of maintaining and managing financial systems (ERP) with appropriate internal controls to deliver qualify financial information
  • Financial resources management
  • :The process of identifying, securing, distributing, and managing financial resources in an effective manner so that the organization s strategic objectives are achieved
  • Financial risk management and internal control:
  • The process of identifying, assessing, mitigating, and managing financial risks that the organization might be exposed to in line with set policies and procedures; including review of customer and supplier contracts
  • Finance operations:
  • The process of carrying out routine finance operational functions including financial transaction processing, revenue assurance, supplier management, key account management, accounts payable, accounts receivable, reconciliations, insurance, VAT compliance and other financial services.

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