Masdar | Senior Accountant

Key accountabilities

• To be responsible for the day-to-day finance and accounting operations, including entering journals, managing accounts receivable and payable, timely reconciliation and preparation of periodic statements in compliance with approved financial policies, standards, and procedures.
• Perform daily AP and AR activities in compliance with the Company’s processes.
• Prepare and reconcile month end AP and AR reports.
• Create purchase orders as per the agreements and match to vendor invoices for payment processes.
• Maintain the fixed assets register in line with applicable standards.
• Perform cash management and regular monitoring of cash flow and bank accounts balances to ensure accuracy.
• Prepare the month end bank reconciliations to ensure clear reconciliation of items on the bank reconciliations.
• Ensure bank deposits are reconciled and categorized correctly.
• Coordination with bank for issuance of bonds, guarantees and Letters of credits as required by project contracts.
• Review of bonds, guarantees and Letters of Credit against project requirements and initiating amendments as required.
• Record the business transactions related to the project in the accounting register (GL) in full compliance with reporting and accounting standards and Masdar financial policies and procedures.
• Perform the monthly accruals and provisions for accuracy and completeness.
• Prepare monthly trial balance and ensure the accuracy, quality and timely closing of books.
• Manage monthly, quarterly and annual closing processes, reporting and activities in full compliance with IFRS and Masdar financial policies and procedures.
• Manage all payroll functions and accounting processes and monitoring of employees' timesheets and leaves.
• Prepare monthly management reports and financial analyses on a periodical basis as required by stakeholders.
• Prepare monthly, quarterly and annual reports to meet Group reporting requirements.
• Maintain project accounts and monitor project costs against budget.
• Perform local and foreign bank account payments and bank related activities.
• Ensure bank deposits are reconciled and categorized correctly as deposit, short- or long-term restricted cash.
• Ensure compliance with Masdar DOA.
• Optimize cash management by placing customers advances in interest bearing accounts.

Requirements

• At least 8-10 years of experience in bookkeeping, AP/AR, cash management, UAE VAT, financial and management reporting.
• Prior experience in Renewable Energy projects is preferred.
• Proficiency in Microsoft 365 applications with expertise in Excel required.
• Sound knowledge of accounting principles, standards, and regulations.
• Proficiency and hands-on experience with Oracle ERP and other financial management software.
• Superior data management and data analysis skills.
• Strong time management and organizational skills.
• Excellent interpersonal skills, with experience collaborating in a multidisciplinary, diverse, and dynamic team.
• Excellent verbal and written communication skills, including ability to explain financial terms in simple language.
• Detail-oriented with a passion for accuracy.

Masdar

Masdar is an employer hiring in India. In its own words: "Masdar is one of the world’s fastest growing renewable energy companies and a green hydrogen leader, placing the UAE at the forefront of the energy transformation."

Its finance, accounts, audit and tax openings in India are mostly in Abu Dhabi - United Arab Emirates and Dubai - United Arab Emirates.