We are looking for a personal accountant for one of our Board members with the following requirements and qualifications:
Requirements:
Bookkeeping and Financial Records
Maintain accurate and up-to-date books of accounts for entities in Hong Kong and Dubai.
Financial Reporting
Prepare financial statements and company accounts in compliance with applicable standards.
Ensure timely submission of accounts to auditors.
Optimize working capital by managing AR, AP and inventory level and updated books.
Incorporate preparation of budgets and financial forecasts for the family companies.
Provide variance analysis comparing actuals to budgets.
Audit Coordination
Liaise with auditors to facilitate the audit process and secure audit reports promptly.
Tax Compliance
Coordinate with auditors to prepare and file tax returns on time.
Respond to tax department queries and manage correspondence effectively.
Ensure timely closure of annual tax files.
Financial Analysis and Reporting
Prepare customized presentations, including head-wise expense analyses.
Generate monthly reports on income and expenses for review.
Conduct quarterly or semi-annual reviews of financial performance and present insights to the MD or family stakeholders.
Manage monthly family member drawings.
Oversee petty cash operations and ensure proper doentation of balances.
Property and Asset Management
Maintain and regularly update the property portfolio, including market valuations.
Manage treasury functions such as monitoring fixed deposits and bonds, ensuring timely renewals at optimal rates.
consider specifying responsibilities like preparing rental agreements, handling tenant queries, or coordinating property insurance.
Banking and Treasury Operations
Maintain an updated list of bank accounts, including Relationship Manager contacts.
Access and monitor daily bank account transactions and update ledgers accordingly.
Conduct monthly bank reconciliations and consolidate statements to reflect accurate balances.
include managing foreign exchange transactions if applicable.
Communicate with banks to manage business credit lines, mortgages, and other financial services. (if needed)
Compliance and Renewal Management
Ensure timely renewal of trade licenses and other statutory obligations.
Monitor and ensure compliance with local regulations in Hong Kong and Dubai, such as VAT, corporate governance, or other financial laws.
Payment Processing
Prepare cheques and Telegraphic Transfer (TT) payments for counterparties.
Ensure all payments are pre-approved by the Managing Director (MD).
Rental Income Monitoring
Verify that rental payments from tenants are received on due dates and update the income ledger accordingly.
Doent Management
File and maintain financial statements, bills, and other records systematically.
Qualifications:
Education: Bachelor’s degree in accounting or finance from a recognized university.
Experience: Minimum of 5 years of relevant experience in accounting and treasury management.
Technical Skills: Proficiency in accounting software such as Oracle, ERP systems, and Microsoft Office 365.
Language Skills: Excellent proficiency in English, both written and spoken.
Job Location: Jumeirah Lake Towers (JLT), Dubai.
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