Financial Accountant - Dubai
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Key skills for this role
About the Role
Our client, a well-established international organization, is seeking a Financial Accountant to establish and manage the local finance function in Dubai. The role involves financial reporting, analysis, budgeting, forecasting, controls, and commercial insights.
Key Skills for This Role
Responsibilities
- Manage day to day financial accounting activities of the Dubai operation
- Prepare monthly, quarterly, and annual financial statements
- Manage general ledger activities, journal entries, accruals, prepayments, and account reconciliations
- Lead month end and year end closing processes for the local entity
- Prepare balance sheet reconciliations and investigate outstanding items
- Produce accurate management reports and financial performance summaries
- Analyse revenue, costs, margins, operating expenses, and profitability
- Prepare budget versus actual analysis and explain key financial variances
- Support annual budgeting, forecasting, and financial planning processes
- Develop financial models and reports to support management decision making
- Monitor cash flow, working capital, receivables, payables, and financial commitments
- Establish local finance policies, processes, procedures, and internal controls
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field
- Professional qualification such as ACCA, ACA, CPA, CMA, or CIMA strongly preferred
- Strong experience in financial accounting, management reporting, and financial analysis
- Experience managing month end closing, reconciliations, budgeting, forecasting, and variance analysis
- Strong knowledge of IFRS and financial reporting standards
- Advanced Microsoft Excel and financial modelling skills
- Experience using ERP and financial accounting systems
- Strong understanding of cash flow, working capital, and financial controls
- Experience working in a standalone or small finance team highly preferred
- Comfortable establishing processes and operating within a business that is still building its local structure
- Strong communication skills and ability to work with international stakeholders
- High level of accuracy, ownership, independence, and attention to detail
Full Job Posting
Position Overview
- Our client is a well established international organisation with a history spanning more than 100 years.
- The company is relocating part of its European operations to Dubai and building its local presence from the ground up.
- The Dubai office currently has three employees, making this an important standalone finance position with significant responsibility and visibility.
- The Financial Accountant will establish and manage the local finance function while supporting the wider business with financial reporting, analysis, budgeting, forecasting, controls, and commercial insights.
- This position is suitable for someone who is comfortable working independently, creating processes, and operating within a growing business environment.
Key Responsibilities
- Manage the day to day financial accounting activities of the Dubai operation.
- Prepare monthly, quarterly, and annual financial statements.
- Manage general ledger activities, journal entries, accruals, prepayments, and account reconciliations.
- Lead month end and year end closing processes for the local entity.
- Prepare balance sheet reconciliations and investigate outstanding items.
- Produce accurate management reports and financial performance summaries.
- Analyse revenue, costs, margins, operating expenses, and profitability.
- Prepare budget versus actual analysis and explain key financial variances.
- Support annual budgeting, forecasting, and financial planning processes.
- Develop financial models and reports to support management decision making.
- Monitor cash flow, working capital, receivables, payables, and financial commitments.
- Establish local finance policies, processes, procedures, and internal controls.
Additional Responsibilities
- Support the transition of financial operations and reporting activities from Europe to Dubai.
- Coordinate with the European headquarters and other international finance stakeholders.
- Manage local statutory, tax, audit, and regulatory reporting requirements.
- Support internal and external audits and provide the required financial documentation.
- Work closely with banks, auditors, tax advisers, suppliers, and external service providers.
- Provide commercial and financial insights to support the growth of the Dubai operation.
- Identify opportunities to improve reporting accuracy, efficiency, and financial controls.
Candidate Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional qualification such as ACCA, ACA, CPA, CMA, or CIMA is strongly preferred.
- Strong experience in financial accounting, management reporting, and financial analysis.
- Experience managing month end closing, reconciliations, budgeting, forecasting, and variance analysis.
- Strong knowledge of IFRS and financial reporting standards.
- Advanced Microsoft Excel and financial modelling skills.
- Experience using ERP and financial accounting systems.
- Strong understanding of cash flow, working capital, and financial controls.
- Experience working in a standalone or small finance team is highly preferred.
- Comfortable establishing processes and operating within a business that is still building its local structure.
- Strong communication skills and the ability to work with international stakeholders.
- High level of accuracy, ownership, independence, and attention to detail.
Mandatory Industry Experience
- Candidates will only be considered if they have relevant experience within at least one of the following industries: Agriculture, Commodities, Tobacco, Oil and gas.
- Experience outside these industries will not be considered for this position.
Preferred Profile
- Experience supporting the establishment of a new entity, office, or regional operation.
- Previous experience working with a European headquartered organisation.
- Exposure to international reporting structures and cross border finance operations.
- Experience combining financial accounting responsibilities with commercial financial analysis.
- Ability to work independently without an established local finance team.
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