1. Financial Statements Review
* Review monthly, quarterly, and annual Financial Statements prepared by team (P&L, Balance Sheet, Cash Flow).
* Ensure compliance with IFRS and UAE regulatory requirements.
* Review schedules and supporting workings for all balance sheet items.
* Ensure proper classification of assets, liabilities, income, and expenses.
* Review consolidation workings for group entities (if applicable).
* Identify unusual transactions and ensure proper accounting treatment.
* Ensure adequate provisions, accruals, and adjustments are recorded.
* Review related party transactions and disclosures.
* Finalize FS for management review and audit.
2. Books Closure (Month-end / Year-end)
* Review and ensure timely month-end and year-end closing for multiple clients.
* Review journal entries, accruals, prepayments, provisions.
* Review bank reconciliations, credit card reconciliations.
* Review Accounts Receivable and Accounts Payable ageing.
* Ensure all closing checklists are completed.
* Coordinate with team to clear pending items before closing.
* Ensure proper documentation and audit trail is maintained.
* Review inventory valuation (FIFO / Weighted Average).
* Review stock reconciliation between physical stock vs system stock.
* Review inventory ageing and slow-moving / obsolete stock provision.
* Review GRN, delivery notes, and inventory adjustments.
* Ensure correct COGS calculation.
* Identify negative stock and valuation errors.
3. Analysis Report Review
Senior should review and comment on:
* Revenue increase/decrease – reason
* GP margin changes
* Expense variance vs prior month
* Expense variance vs budget
* Abnormal / one-time expenses
* Net profit trend
* Receivable days / ageing issues
* Payable days
* Inventory days
* Cash flow position
* Loan balances and interest
* Related party balances
* VAT receivable/payable
* Gross Profit %
* Net Profit %
4. Client Interaction
* Discuss financials with clients.
* Ask reasons for major variance.
* Suggest corrections and improvements.
* Handle client queries related to financials.
* Coordinate for missing documents.
* Discuss audit issues and closing schedules.
* Present financial analysis to management (sometimes).
5. Team Handling & Review
* Review work of juniors.
* Provide review notes and corrections.
* Train team on accounting treatment and closing process.
* Ensure deadlines are met.
* Ensure proper working files and documentation maintained.
6. Reporting
Senior reports to:
* Team Head
* Manager
* Partner (sometimes)
Senior should report:
* Client closing status
* Major issues in books
* Risk areas
* Delay reasons
* Client problems
* Team performance
* Audit issues
7. Compliance (UAE)
* VAT review (Output VAT, Input VAT, Return reconciliation)
* Corporate Tax provision (if applicable)
* ESR /AML basic understanding
* Ensure books are audit ready
*Key Skills Required*
* Strong accounting knowledge
* IFRS knowledge
* Inventory accounting knowledge
* Analytical skills
* Excel (Advanced)
* Handling multiple clients
* Communication skills
* Review and problem identification
* Time managementv
Pay: From ₹20,000.00 per month
Benefits:
Work Location: In person
