DP World
Senior Management Accountant
- Permanent
- Dubai, United Arab Emirates
- Experience 5 - 10 yrs
- Urgent
Report job as expired
Job expiry date: 10/08/2025
Job overview
Date posted
27/06/2025
Location
Dubai, United Arab Emirates
Salary
AED 30,000 - 40,000 per month
Experience
5 - 10 yrs
Seniority
Senior & Lead
Qualification
Bachelors degree
Expiration date
10/08/2025
Job description
The Senior Management Accountant at DP World in Dubai is responsible for preparing and developing monthly income statements in compliance with applicable group accounting policies, including analysis of budget versus actuals with supporting explanations. The role involves ensuring accurate revenue recognition in line with customer contracts and preventing revenue leakage from unbilled services. It includes reviewing contract handover summaries to identify all revenue triggers, preparing monthly balance sheet schedules with reconciliations for key accounts such as fixed assets and accruals, and maintaining the fixed asset register with monthly depreciation runs and asset transfers. The accountant will be responsible for FDM uploads, preparing web forms, and conducting variance analysis. The role also includes contributing to yearly budgeting and quarterly forecasting at a vessel-specific level across UAE, Qatar, Saudi Arabia, and Subsea operations, gathering data from business units and uploading approved forecasts into financial tools. Additionally, the position supports external audit and tax teams, especially in Saudi Arabia, by finalizing audited statements, submitting annual returns, resolving audit queries, and providing data for group consolidated statements.
Required skills
Key responsibilities
- Prepare and develop monthly income statements in compliance with group accounting policies.
- Analyze budget and reforecast variances, providing explanations for major items.
- Ensure all revenue is accurately recorded in line with customer contracts and prevent unbilled revenue.
- Review contract handover summaries to identify all revenue points and liaise with stakeholders for clarification.
- Prepare monthly balance sheet schedules with reconciliations for fixed assets, accruals, and receivables.
- Maintain the fixed assets register and execute the depreciation module monthly.
- Process asset capitalizations and inter-region asset movements.
- Upload financial data to FDM and prepare necessary web forms.
- Conduct variance analysis and provide insights based on financial data.
- Participate in annual budget and quarterly forecasting processes, vessel-wise for UAE, Qatar, Saudi Arabia, and Subsea regions.
- Coordinate with business unit heads and operations teams to collect forecasting and budgeting data.
- Ensure approved budgets and forecasts are uploaded correctly into financial tools.
- Coordinate with external financial and tax assurance teams in Saudi Arabia.
- Finalize audited financial statements and submit annual returns to relevant authorities.
- Address audit-related queries and provide necessary information for smooth closure.
- Support group auditors by providing data for group consolidated financial statements.
Experience & skills
- Bachelorās degree.
- Experience with income statement and balance sheet preparation.
- Knowledge of revenue recognition and accounting policies.
- Experience in fixed asset management, depreciation, and reconciliation.
- Understanding of budgeting and forecasting processes across multiple regions.
- Familiarity with audit processes and handling of financial/tax assurance teams.
- Ability to coordinate with multiple departments and stakeholders for financial data collection and reporting.
- Knowledge of financial tools including FDM and web forms.
