Position Overview:
The Head of Accounting will oversee and direct all accounting operations and processes within the organization, ensuring accuracy, compliance, and operational efficiency. This leadership role will involve managing a team of accounting professionals, maintaining the integrity of financial reporting, and providing strategic financial guidance to executive management. The Head of Accounting will ensure compliance with regulatory requirements while enhancing the company’s financial performance through effective accounting practices.

Key Responsibilities:

• Team Leadership and Development:

  • Lead, manage, and develop the accounting team, fostering a collaborative and high-performance environment.
  • Provide mentorship, training, and performance evaluations to ensure continuous growth and skill development.
  • Set departmental goals, policies, and procedures to align with the organization’s overall objectives.

• Financial Reporting and Compliance:

  • Oversee the preparation and submission of accurate and timely financial reports, including monthly, quarterly, and annual statements.
  • Ensure adherence to all applicable financial regulations and compliance standards.
  • Coordinate and manage audits, working closely with external auditors to maintain proper financial oversight.

• Strategic Financial Planning and Analysis:

  • Collaborate with senior leadership in budgeting, financial planning, and forecasting activities.
  • Analyze financial data to provide actionable insights into company performance and guide strategic decision-making.
  • Monitor budgets and expenses, optimizing financial performance and resource allocation.

• Internal Controls and Risk Management:

  • Design and implement robust internal controls to safeguard company assets and maintain financial integrity.
  • Identify and mitigate financial risks, providing recommendations for corrective actions as needed.
  • Conduct regular reviews to ensure the accounting department adheres to best practices and organizational policies.

• Process Improvement and Systems Optimization:

  • Drive continuous improvement initiatives in accounting processes, systems, and policies to enhance efficiency and accuracy.
  • Lead system implementations, upgrades, and other initiatives aimed at optimizing accounting operations.
  • Evaluate and recommend accounting software and technology solutions to ensure alignment with company needs.

• Cross-Departmental Collaboration and Reporting:

  • Work closely with other departments to ensure effective financial management and reporting.
  • Provide regular financial analysis and strategic recommendations to senior management for informed decision-making.

Qualifications:

• Education:

  • Bachelor’s degree in Accounting, Finance, or a related field; CPA, CMA, or equivalent certification preferred.

• Experience:

  • 8+ years of progressive accounting experience, with at least 5 years in a leadership or management role.

• Skills and Competencies:

  • Strong knowledge of accounting principles, regulations, and reporting standards.
  • Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and MS Office Suite, especially Excel.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong leadership abilities, with a proven track record of team development and success.
  • Exceptional communication skills, with the ability to collaborate effectively across departments and report to senior management.
  • Deep understanding of international and UAE accounting rules and standards, ensuring compliance in all transactions, financial reports, and regulatory filings.
  • Ability to prepare financial statements and reports in accordance with government sector accounting rules and standards.
  • Expertise in legal control of revenues and expenses, supporting decision-making and financial oversight.