Personal Accountant

We are looking for a personal accountant for one of our Board members with the following requirements and qualifications:

 Requirements:

1. Bookkeeping and Financial Records
   
   
   
   • Maintain accurate and up-to-date books of accounts for entities in Hong Kong and Dubai.
   
   
   
   


2. 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.
   
   
   
   


3. Audit Coordination
   
   
   
   • Liaise with auditors to facilitate the audit process and secure audit reports promptly.
   
   
   
   


4. 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.
   
   
   
   


5. 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 documentation of balances.
   
   
   
   


6. 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.
   
   
   
   


7. 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)
   
   
   
   


8. 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.
   
   
   
   


9. Payment Processing
   
   
   
   • Prepare cheques and Telegraphic Transfer (TT) payments for counterparties.
   
   
   • Ensure all payments are pre-approved by the Managing Director (MD).
   
   
   
   


10. Rental Income Monitoring
    
    
    
    • Verify that rental payments from tenants are received on due dates and update the income ledger accordingly.
    
    
    
    


11. Document 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.