The Senior Accountant Consolidation & GL Accounting at Abu Dhabi Ports is responsible for consolidation and elimination of all intercompany balances and transactions of the Group helping Head of Financial Accounting for Consolidation. Role holder will ensure accounting for corporate books ensuring completeness in eliminations, inter-company accounting. This role is inclusive of ensuring proper accounting for corporate level transactions, coordinating with cluster finance team for regular accounting activities and other business combinations. Senior Accountant Consolidation & GL Accounting supports monthly consolidation and close activities for timeliness, accuracy & completeness. Using firm knowledge of Group’s structure, general ledger functions and other intercompany systems, role holder will drive process improvements and efficiencies while ensuring the integrity of the processes and data. This position partners with the entire corporate finance team, Cluster finance team, and business units to support the consolidations, elimination and facilitate internal/external reporting processes.
Duties of Senior Accountant Consolidation & GL Accounting
- Support consolidation of financial books.
- Preperation of accurate intercompany and related party financial information.
- Direct and supervise implementation of accounting policies and controls pertaining to intercompany and related party transactions.
- Ensure compliance with established financial, legal and administrative requirements and standards.
- Establish proper controls and monitor systems for intercompany and related party transactions.
- Ensure that intercompany and related party transactions are appropriately classified, internal controls are designed, maintained and conformed to and confidentiality is maintained at all times as per the organization’s needs international standards / ethics.
- Check and review the General Ledger entries for all intercompany and related party trasactions to ensure these are identified reported and elimiated as per set policy and guidelines
- Provide regular reports and management information data as needed.
- Liaise with external auditors during interim and final audits, ensuring timely completion of all tasks as per assignment.
- Manage upstream and downstream communication on Group consolidations pertaining to intercompany and related party transactions.
- Develop efficient accounting system and process by employing latest technologies.
- Being single point of contact for all intercompany and related party ransactions with the statutory auditors for AD Ports group.
- Ensure compliance with closing timelines.
- Perform other relevant functions in the finance department/section as assigned.
Eligibility Requirements
The requirements for role of Senior Accountant Consolidation & GL Accounting are as under:
- Bachelor’s Degree / Master’s Degree with Major in Accountancy.
- 2-4 years of experience in core financial accounting function.
Skills & Knowledge Desired
- Knowledge & experience in Oracle ERP, EPM is preferable.
- Written and Spoken English is essential, Arabic is added advantage.
