Senior Accountant

Company Overview: We are a multidisciplinary private medical office offering high quality care through our team of experienced professionals including physicians, dietician, nutritionist, nurses and medical coordinators. We are currently seeking reliable and detail-oriented Accountant to manage and oversee our financial operations.

Job Purpose: To ensure smooth financial operations of the medical practice by managing day-to-day accounting functions, maintaining accurate financial records, overseeing payroll and expense tracking, and ensuring compliance with UAE and other relevant financial regulations. The accountant will play a key role in supporting the private medical offices financial setup and enabling informed decision-making with the leadership team.

Key Responsibilities:

• Daily Accounting & Transaction Management
• Oversee daily accounting activities ensuring accurate and up-to-date financial records.
• Post purchase invoices and employee expense claims, securing necessary approvals.
• Prepare supplier payments, update banking transactions, and perform bank reconciliations.
• Post sales invoices for internal and external customers; control settlements and generate aged receivables reports.
• Verify, allocate, and reconcile financial transactions ensuring correct accounting treatment.

Payroll & Cost Management

• Maintain and reconcile rechargeable payroll costs with respective invoices.

Cash Flow & Financial Analysis

• Support weekly and periodic cash forecasting processes.
• Assist in preparation and review of monthly Profit & Loss and Balance Sheet analysis, focusing on key KPIs and variance analysis.

Audit, Compliance & Regulatory Reporting

• Audit financial transactions and prepare bank transfers.
• Ensure compliance with accounting standards, VAT, Economic Substance Regulations (ESR), and other statutory filings.
• Support annual external audits with minimal supervision.

Balance Sheet & Inventory Reconciliation

• Conduct periodic reconciliation of balance sheet accounts, intercompany balances, and vendor/customer statements.
• Coordinate annual inventory counts and perform reconciliations with relevant departments.

Periodic Closing & Reporting

• Assist with month-end and periodic account closings in accordance with IFRS and local accounting standards.
• Cross-Functional Collaboration & Continuous Improvement
• Work closely with finance, operations, procurement, and other business units to ensure smooth financial operations.
• Participate in continuous improvement initiatives to enhance accounting and financial processes.

Procurement & Petty Cash

• Coordinate vendor creation, LPO amendments, and advance payments with procurement.
• Verify and account for petty cash expenses accurately.

Governance & Compliance:

• Ensure all financial processes comply with UAE financial regulations and private office policies.
• Maintain confidentiality and integrity of financial information.

Competencies and Skills:

Core Competencies:

• Integrity and attention to detail
• Strong analytical and problem-solving skills
• Effective communication and collaboration
• Proactive and process-oriented mindset
• Ability to work under pressure and meet deadlines

Technical Skills:

• Proficient in accounting software and ERP systems (experience with Microsoft Dynamics 365 preferred)
• Advanced skills in Microsoft Excel and Google Sheets
• Knowledge of local tax laws and statutory compliance

Qualifications and Experience: Educational Background:

• Bachelors degree in Accounting, Finance, or a related field ACCA or equivalent advanced accounting qualification, UAE VAT compliance certification preferred

Experience:

• Minimum 4-5 years of relevant accounting experience
• Experience in healthcare, technology, or growth-stage startups is a strong advantage
• Demonstrated expertise in month-end close, financial analysis, budgeting, and forecasting
• Proven experience handling external audits and compliance with local statutory requirements