Senior Accountant

United Arab Emirates, United Arab Emirates

Job Description

Job Summary
We are seeking a seasoned Senior Accountant with substantial experience in vessel chartering operations and financial oversight within the UAE maritime sector. The ideal candidate must hold a professional certification (CPA or ACCA) and possess deep expertise in managing banking facilities, cost control, and digitizing accounting processes. A strong command of invoicing, bookkeeping, and QuickBooks is essential to this role.
Key Responsibilities
Accounting and Financial Reporting

  • Maintain and manage all accounting entries related to vessel chartering, including revenue recognition, voyage expenses, and cost allocation.
  • Prepare accurate monthly, quarterly, and annual financial statements in compliance with IFRS and UAE regulations.
  • Oversee general ledger reconciliation and manage journal entries for complex financial transactions.
Invoicing, Bookkeeping, and Software
  • Prepare, issue, and track invoices for vessel chartering and related marine services in a timely and accurate manner.
  • Record all invoicing and receivable transactions with complete supporting documentation.
  • Ensure robust and organized bookkeeping practices, maintaining accurate ledgers and supporting audit readiness.
  • Handle vendor invoicing and expense matching, with regular reconciliation of payable accounts.
  • Must have proven experience using QuickBooks for full-cycle accounting, including invoicing, bank reconciliation, expense tracking, and financial reporting.
Banking & Financial Facilities
  • Coordinate with banks and financial institutions for the management of credit lines, term loans, and working capital facilities.
  • Prepare and review loan agreements, covenant reports, interest and repayment schedules, and related documentation.
  • Maintain strong relationships with banking partners and ensure compliance with all facility terms and conditions.
Budgeting & Forecasting
  • Lead the budgeting process for vessel operations and support cost-control initiatives across departments.
  • Provide financial insights to management regarding vessel profitability, utilization rates, and operating margins.
  • Conduct variance analysis and advise on corrective actions when financial performance deviates from forecasts.
Digitization & Process Improvement
  • Champion the transition from traditional accounting to digital platforms for invoicing, approvals, and reporting.
  • Work closely with IT and finance teams to implement workflow automation tools and system integrations.
  • Drive adoption of cloud-based accounting tools and ensure consistency in digital record-keeping across all functions.
Regulatory & Audit Compliance
  • Ensure compliance with UAE VAT regulations and other statutory requirements.
  • Support external and internal audit processes by preparing required documentation and addressing audit queries.
  • Maintain internal control procedures for financial accuracy and risk mitigation.

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Job Detail

  • Job Id
    JD1906811
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    United Arab Emirates, United Arab Emirates
  • Education
    Not mentioned