Senior Associate - Business Services Outsourcing

Job Title: Senior Associate
Service Line / Team: Business Services Outsourcing

We at BDO in UAE are a diverse group of individuals from many cultures, and we share a common ambition: to make a difference and be the spontaneous choice in the industry. We have an excellent Partner-to-staff ratio and an encouraging gender ratio, giving you more flexibility and high priority on mentorship and professional development.

At BDO, we understand that being the leader in exceptional client service begins - and ends - with exceptional regard for our people. Relationships matter in our work and interactions with clients and how we work and interact with each other. What differentiates BDO as an employer is our focus on relationships.

Your opportunity

• Adhere to the highest degree of integrity, professional standards and strict client confidentiality.
• Based on client's requirement and selected software, setting up the accounting system including creation of a chart of accounts, format of management reports and sample of other deliverables.
• Prepare and finalise the books of accounts in the accounting software based on documents and information provided by the client and ensure that they are in line with statutory requirements.
• Produce finalised general ledgers, trial balance, profit and loss statement, balance sheet, cash flow statement, financial budget and management report.
• Prepare reconciliation of accounts, cash books, credit card accounts, expense schedules and adjustment journal entries.
• Produce supporting schedules for staff indemnity, accrued expenses, fixed assets, prepaid expenses, customer and supplier ageing and bank reconciliation statements.
• Ensure books of accounts prepared compliance with client's internal policy manual.
• Review and understand frequency and depth of financial reporting requirements per client and ensure accuracy and timely delivery of reports generated.
• Based on payroll structure provided by the client setting up the client's payroll in our payroll software
• Advise client on local laws and regulations relevant to payroll activities such as end-of-service benefit/gratuity calculation, social security requirements and WPS regulations etc.
• Prepare and finalize the monthly payroll calendar with the client.
• Prepare and finalize the monthly/yearly payroll reports and other deliverables including payroll reports, variance reports, gross to net pay reports and pay slips etc.
• Prepare monthly payroll journal entries summarizing the employee salaries, allowances, deduction and provision for indemnities
• On behalf of the client check, review and verify the expense claim submitted by their employees and ensure those are processed in accordance with client's management guidelines.
• Based on privileges assigned manage the bank of accounts for the client/on behalf of the client to process the salary payment, supplier's payment and other expense payment.
• Review and uphold allocated time schedules per client.
• Prepare the report for funding request and cash flow forecast and co-ordinate with the client for timely payments.

Key Attributes

• Good communication skills
• Confident and comfortable in client interactions
• Experience of working in multi-disciplinary teams
• Ability to manage multiple engagements and competing priorities in a rapidly growing, fast-paced, interactive, results-based team environment is required
• Excellent interpersonal skills - with a positive & enthusiastic attitude

Key Experience Parameters

• Minimum 2-4 years of relevant work experience in accounting services in the UAE market
• Bachelor's degree in accounting/finance or equivalent
• Must possess a professional certification such as CA/ACCA/CPA
• Strong attention to detail and an analytical mind

How to join us

We seek people who are driven and who work towards the best interest of the Team and the Firm - passionate professionals who are keen to develop lasting relationships, both internally and with our Clients.

Please send in your detailed resume by clicking the below link. If you are successful in your application, one of our resourcing teams will contact you to discuss the next steps.