Senior Accountant

The role involves participating in budget reviews, ensuring assumptions are reasonable and reporting on QBRs, analytics, and business support activities. It oversees period-end financial closing for Maritime & Logistics in compliance with IFRS and Milaha standards and includes preparing and reviewing statutory financial statements for accuracy, completeness, disclosures and regulatory submission. Responsibilities also cover preparing timely management reports, coordinating closely with Business Operations, and providing analytical insights on financial results, revenues, and costs. The role ensures proper execution of Business Finance activities, contributes to setting performance objectives, and implements Finance & Accounting policies while highlighting needed updates. It maintains compliance with internal controls, coordinates with key stakeholders across Finance and Operations, and serves as a primary contact for financial and reporting matters. It also manages external audit coordination by providing required information and engaging in discussions on audit findings throughout the audit process.

Education & Professional Qualification:

- Bachelors degree in Finance, Accounting or related field

• Professional Qualifications like C.A., ACCA, CIMA etc. or equivalent is a must

Professional Experience:

- 6-8 years of experience in Finance or Accounting or related business discipline. At least 2 years in Supervisory capacity

• Exposure to IFRS is preferable

• Prior experience in Shipping, Maritime and/ or logistics business/ industry is preferred

Geographic Experience:

- Middle East experience is preferable

Computer Skills:

- Good knowledge of Microsoft office applications and ERP software

Language Skills:

- Proficient in English (must have)

• Arabic (desirable)

Market/Industry/Functional Knowledge:

- Good knowledge of contemporary theories and practices related to Accounting and Finance

Key Roles & Responsibilities

1. Actively participate in the review and discussion of the budget with Business Operations and ensure that budgeted expenses and income are reasonable taking into account historical performance, current business operations and other key budget assumptions.

2. Report on QBRs, data analytics and other business support activities and ensure that the same are carried out in an effective and efficient manner.

3. Ensure proper handling of periodical closing of financial accounts for Maritime & Logistics business units as per International Financial Reporting Standards (IFRS) and any other financial accounting standards adopted by Milaha.

4. Preparation of statutory financial statements of Maritime & Logistics and ensure that the same are prepared, finalized, approved by relevant approving authorities and submitted to regulatory authorities in a timely manner.

5. Review the statutory financial statements of Maritime & Logistics business units and ensure reasonableness of balances, disclosures and presentation in accordance with Milaha Finance & Accounting Policies and relevant financial reporting standards.

6. Preparation of management reports and ensure that the same are the prepared appropriately in a timely manner. Actively coordinate with Business Operations to ensure that their management information needs are properly addressed.

7. Analyzing and reporting periodic financial results, costs and revenues for Maritime & Logistics businesses and provide value-adding insights and support to Business Operations for decision making purposes.

8. Execution of activities under Business Finance - Maritime & Logistics section and ensure that all activities and tasks are well coordinated, duly authorized and carried out as planned/ intended.

9. Actively support the establishment of objectives and performance measure and targets for the Business Finance - Maritime & Logistics section in coordination with Finance Manager - Maritime & Logistics as well as Maritime & Logistics Finance & Accounting personnel.

10. Implement the Finance & Accounting policies and procedures related to Maritime & Logistics section. Ensure that required changes to the policies and procedures manual are highlighted and communicated to Finance Manager - Maritime & Logistics for consideration and appropriate action.

11. Ensure compliance with relevant internal controls within the Finance and Accounting function and any deviation or non-compliance is communicated to the relevant Finance personnel for rectification and/ or appropriate action.

12. Develop and maintain effective relationships with key stakeholders including Business Operations, Corporate Treasury, Financial Planning & Analysis, Internal Audit, other Finance Pillars and various relevant departments and external auditors. Actively coordinate with and act as point of contact and the relevant stakeholders for key financial, accounting and reporting matters related to Maritime & Logistics

13. Coordinate with External Auditors for audit of Maritime & Logistics financials and ensure that necessary information, analysis, schedules required are properly prepared and provided to external auditors in a timely manner. Actively participate in the discussion with external auditors of audit findings and/or recommendations all throughout the audit fieldwork as and when required.

14. Implement and maintain within their area of responsibility and accountability, compliance to all Milaha Health & Safety, Security, Environment and Quality policies, manuals, procedures, laws, regulations and standards.

15. Actively contribute and participate in Milaha Health & Safety, Security, Environment and Quality consultations, training and initiatives.

16. Perform other job-related duties as assigned.

Education & Professional Qualification:

- Bachelors degree in Finance, Accounting or related field

• Professional Qualifications like C.A., ACCA, CIMA etc. or equivalent is a must

Professional Experience:

- 6-8 years of experience in Finance or Accounting or related business discipline. At least 2 years in Supervisory capacity

• Exposure to IFRS is preferable

• Prior experience in Shipping, Maritime and/ or logistics business/ industry is preferred

Geographic Experience:

- Middle East experience is preferable

Computer Skills:

- Good knowledge of Microsoft office applications and ERP software

Language Skills:

- Proficient in English (must have)

• Arabic (desirable)

Market/Industry/Functional Knowledge:

- Good knowledge of contemporary theories and practices related to Accounting and Finance