Management Accountant
Mazrui International LLCJob Type
Full-Time
Location
, United Arab Emirates
Salary
AED 8000 - AED 14000 per month
Job Description
Position: Management Accountant
Experience Required: 2 - 8 Years
Education: Bachelor of Commerce, Master of Commerce, MBA/PG Diploma in Business Management (Finance), Chartered Accountant (CA), CA Inter
Nationality: Open to All Nationalities
Company Overview:
Mazrui International is a diversified holding group with businesses across several industries, including Trading, Distribution, Construction, Real Estate, Oil & Gas/Oilfield Services, Financial Investments, Retail, Hospitality, and Education. This position will be part of the Oil & Gas/Oilfield Services division.
Job Title:
Management Accountant
Reports to:
Business Unit Finance Manager (BUFM)
Job Focus:
This role focuses primarily on management reporting, financial analysis, and month-end closing activities. The position will involve VAT, IFRS, revenue recognition, incoterms, and ADNOC’s In-Country Valuation (ICV) certification.
Key Responsibilities:
- Financial Reporting & Month-End Closing:
Liaise with the Group Accounting Services (GAS) team to ensure the accuracy of financial records and timely preparation of management accounts in compliance with IFRS and accounting standards.
- Dashboard and Financial Analysis:
Assist the BUFM in preparing monthly financial dashboards, including the generation of reports using tools such as Discoverer, Hyperion, SWAN, and Power BI.
- Internal Controls & Auditing:
Support the implementation and review of internal controls, assist with audits, answer queries, and accompany auditors during stock counts.
- Budgeting & Forecasting:
Prepare business and financial plans, maintain budget versions, and provide financial forecasts, including three-month rolling cash flow forecasts.
- Asset Management:
Coordinate asset verification and ensure that financial records reflect accurate asset management, including approvals for additions, disposals, and impairments.
- Tax Compliance:
Ensure the timely submission of VAT returns and other tax-related documents.
- Working Capital Management:
Oversee accounts receivable and payable, track letters of credit, and monitor the correct application of inventory costs.
- Ad-Hoc Financial Support:
Provide support to the BUFM in reviewing purchase orders, managing non-inventory expenses, and preparing CAPEX and investment forms.
Skills & Requirements:
- Technical Expertise:
- Proficient in ERP Oracle and MS Office Suite.
- Expertise in reporting tools such as Power BI, Tableau, and Hyperion.
- Strong knowledge of VAT, IFRS, and international commercial terms (Incoterms).
- Familiarity with ICV (In-Country Valuation) procedures pertaining to ADNOC.
- Soft Skills:
- Excellent communication (written and verbal) and interpersonal skills.
- Strong analytical and decision-making abilities.
- Team player with a high level of professionalism and ethics.
- Experience:
- 2 to 5 years of experience in finance, preferably in financial analysis, reporting, and exposure to AP/AR.
- Experience in the Oil & Gas/Oilfield Services industry is highly preferred.
- Academic Qualifications:
- Professional certifications such as CA, ACCA, CMA, or CPA are highly desirable.
- Bachelor’s or Master’s degree in Commerce or Accounting may also be considered depending on experience.
Skill Required
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