Senior Accountant

About This Role

The Senior Accountant plays a key role in supporting the business on day-to-day operations of the finance department, including Payroll and commission calculations, Accounts Payables, budget preparation, month-end closing, etc.. This position requires a highly skilled and organized professional with a deep understanding of accounting principles, financial analysis, and regulatory compliance.

Savills is a globally recognised real estate brand and offers the opportunity for growth and development. We are looking for a motivated and professional individual with an interest in benefiting from the support and experience the brand can offer.

Key Responsibilities

Daily Operations:

• Handle day-to-day accounting operations, ensuring accuracy and compliance with financial regulations and company policies
• Perform account reconciliations and ensure integrity of GL vs. Sub ledger.
• Ensure compliance with accounting standards (e.g., GAAP, IFRS) and company policies.
• Provide financial reports and analysis to line manager and stakeholders, assisting in decision-making.
• Collaborate with other departments to provide financial insights and support for various projects and initiatives.
• Perform ad-hoc financial analysis and special projects as assigned by management.

Payroll & Employee Benefits:

• Assist in processing monthly payroll accurately and on time
• Calculate and verify employee commissions as per company policies and contracts
• Handle end-of-service benefits (EOSB) calculations in line with UAE labour law
• Review of Employee final settlements
• Maintain payroll records and ensure compliance with internal policies and regulations

Accounts Payables:

• Assisting in the Accounts payable function ensuring timely booking and payment of suppliers.
• Supporting in end-to-end accounts payable cycle (invoice verification, posting, and payments)
• Reconcile supplier statements and resolve discrepancies
• Ensure timely vendor payments and maintain strong vendor relationships

Month-End Closing:

• Participate in month-end and year-end closing processes, ensuring all financial transactions are properly recorded and reconciled.
• Prepare journal entries, review accruals, and conduct financial analysis to validate the accuracy of financial statements.
• Manage the company’s end-to-end accounting books (record to report cycle)

Forecasting and Budgeting:

• Participate in the preparation of annual budgets and quarterly forecasts, collaborating with department heads to gather relevant data.
• Monitor budget/forecast performance, identify variances, and recommend corrective actions as needed.

Compliance and Audit:

• Ensure compliance with tax regulations, accounting standards, and other financial laws.
• Prepare for and facilitate internal and external audits, responding to audit inquiries and implementing recommendations.

Skills, Knowledge and Experience

• Bachelor’s degree in Accounting / Finance. Preferably with professional qualification.
• At least 5+ years of working experience in similar role.
• Excellent analytical, problem-solving, and communication skills.
• Strong knowledge of accounting principles, financial reporting, and tax regulations.
• Excellent in Microsoft Excel, Power Point, and other financial reporting software applications.
• Proficient in manipulating and managing large data sets.
• Ability to handle multiple tasks simultaneously.
• Attention to detail and the ability to meet deadlines in a fast-paced environment.
• Strong leadership and team management skills.
• Strong ethics and integrity in handling sensitive financial information.