Russian-Speaking Senior Accountant in a Diversified Group of Company Based in DIFC, Dubai, UAE

Our client is a well-established diversified group of companies in such diverse services as financial advisory services to HNW/UHNW individuals, fiduciary Services, and corporate services. The group of companies has business entities located in such countries as Spain, Russia, and Dubai International Financial Centre (DIFC) in Dubai, United Arab Emirates.

Job Summary

The Senior Accountant will be a key member of the finance department, responsible for managing the full accounting cycle for entities within the group, as well as overseeing finance and accounting activities of certain clients of the group. This role as a dual focus - both internal activities and external finance and accounting operations of some clients of the group.

All clients of a group for which a selected candidate will be responsible are located in the United Arab Emirates. This role requires an in-depth understanding of accounting, including International Accounting Standards, financial and tax reporting, and compliance with the UAE financial regulations.

The ideal candidate will possess excellent analytical skills, a meticulous approach to data, and the ability to work independently while also collaborating effectively within a team. Excellent communication skills are very important for this role, since this role will have a significant client focus.

Since many clients of the group are Russian speaking clients, an ideal candidate for this role shall fluently speak Russian, as well as English languages.

Key Responsibilities

Financial Record Keeping

• Maintain accurate and complete financial records, ensuring all transactions are properly recorded, classified, and reconciled;
• Manage accounts payable and accounts receivable functions, including invoice processing, payment runs, and collection activities;
• Process and reconcile bank statements, petty cash, and bank card transactions.

General Ledger Management

• Prepare and post journal entries, including accruals, prepayments, depreciation, and amortization;
• Perform regular general ledger reconciliations to ensure accuracy and completeness of financial data.

Financial Reporting and Analysis

• Experience in preparation of accurate and timely monthly, quarterly, and annual financial statements (Balance Sheet, Income Statement, Cash Flow Statement) for individual entities and assistance in group consolidation;
• Conduct variance analysis and provide insights into financial performance against budget and prior periods;
• Assist in the preparation of management reports to support decision-making.

Budgeting and Forecasting Support

• Assist in the preparation of annual budgets and periodic financial forecasts;
• Monitor budget performance and highlight deviations.

Fixed Assets Management: Maintain fixed asset register, and transactions related to fixed assets, including depreciation and other changes/movements in asset value.

Process Improvement: Identify opportunities to improve accounting processes, enhance efficiency, and strengthen internal controls.

Ad-Hoc Duties: Undertake any other accounting or finance-related tasks as assigned by the Finance Manager and the CFO.

Requirements

Required Qualifications and Skills

• Bachelor's degree in Accounting, Finance, or a related field;
• Professional accounting qualification is highly preferred;
• Minimum of 7+ years of progressive accounting experience;
• Proven expertise in preparing full sets of accounts for multiple entities;
• Strong knowledge of IFRS and UAE accounting standards and regulations;
• Experience with UAE VAT, Corporate Tax regulations and filing;
• Proficiency in accounting software/ERPs;
• Excellent analytical, problem-solving, and decision-making skills;
• High level of accuracy, attention to detail, and integrity;
• Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines;
• Excellent communication and interpersonal skills, capable of working effectively with various departments;
• Ability to work independently with minimal supervision and as part of a team.

Benefits

A remuneration package shall be discussed with the shortlisted candidates.