Job Opportunity in the UAE: Accountant in the Arab Monetary Fund

The Arab Monetary Fund (AMF) is offering a job opportunity as an Accountant- Arab Regional Payment System (ARPS) in UAE. Duties of the accountant include preparing, computing, managing, researching, and analyzing all accounting data, in order to provide quantitative information on performance, financial position, solvency, liquidity, and cash flows of ARPS. 

Responsibilities 

• Perform a variety of professional accounting functions.
• Provide assistance in financial management and development of the annual budget.
• Prepare payments to suppliers, ensuring accuracy and appropriate approvals.
• Process monthly payroll, expense claims and final settlement of employees.
• Organize and maintain ARPS financial records.
• Maintain accuracy of general, revenue, and expenditure ledgers and subsidiary financial system.
• Update and track accounts receivable including invoice creations and collections.
• Perform all required reconciliations, filing and documentation of applicable taxes.
• Maintain and track fixed asset inventory control records.
• Reconcile financial ledgers and records.
• Reconcile financial discrepancies by collecting and analyzing account information.
• Prepare and validate daily, monthly, and other periodic journal entry bookings closing and bank reconciliations in an accurate and timely nature.
• Oversee accounts payable and receivable.
• Maintain accounting controls by preparing and recommending policies and procedures.
• Maintain financial security by following internal controls.
• Comply with financial and legal requirements by understanding relevant legislation, enforcing adherence to requirements, and advising management on needed actions.
• Review and audit all accounts payable, purchase orders, cash receipts, business licenses, payroll, utility billing, and other accounting records and transactions.
• Prepare financial statements and reports, general and subsidiary ledgers and supporting schedules; research and resolve discrepancies.
• Prepare monthly, quarterly, annual and other periodic and internal reporting requirements under IFRS / GAAP including Profit Loss Statement, Cash flows and Balance Sheet.
• Prepare monthly management accounts.
• Participate in the year-end audit; compile and prepare supporting schedules, work papers, and financial reports as requested by auditors.

Qualifications

1. 3+ years of experience as an accountant.
2. Graduate from a recognized university with a degree in accounting, finance or a similar field.

Skills

1. Experience in accounting principles, corporate finance, financial reporting, budget preparation and financial record keeping.
2. Experience with local accounting laws and regulations.
3. Relevant certifications (e.g. ACCA, CPA, CMA, CIMA) are preferred.
4. Excellent communication skills (oral and written) with ability to effectively communicate by telephone, face to face, email and written.
5. Proficient in Microsoft Office (Outlook, Word, Excel and PowerPoint).
6. Excellent organization and time management skills, and ability to work on own initiative, accurately to tight deadlines, and to prioritize between conflicting demands.
7. Ability to handle multiple tasks with tight deadlines simultaneously.
8. Effective team player and excellent relationship building skills with ability to demonstrate a high level of discretion and positive attitude with all internal and external stakeholders.
9. Ability to maintain the highest level of confidential/sensitive information and professionalism.
10. Flexibility and readiness to work beyond regular working hours and as required.
11. Fluent in English.
12. Knowledge of Arabic and French is a plus.

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