• Chief Accountant - Global Shared Services

    Location AE-Dubai
    Requisition ID
    2019-11895
    Business Area
    Global Shared Services
    Category/Discipline
    Accounting, Finance & Controlling
    Position Type
    Permanent employment
  • Local Unit & Position Description

    Job title - Chief Accountant

     

    Section/location – GSS Finance Regional Centre Middle East and Africa – Dubai (UAE)

     

    Reports to - Finance Manager Middle East

     

     

    Driven by our purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. We provide classification and technical assurance along with software and independent expert advisory services to the maritime, oil & gas and energy industries. We also provide certification services to customers across a wide range of industries.

     Combining leading technical and operational expertise, risk methodology and in-depth industry knowledge, DNV GL empowers our customers’ decisions and actions with trust and confidence. We continuously invest in research and collaborative innovation to provide customers and society with operational and technological foresight.

     Originated in 1864, DNV GL operates globally in more than 100 countries with our 13 550 professionals dedicated to helping our customers make the world safer, smarter and greener.

    The global shared services group (GSS) within DNV GL provide support services and key competencies in Finance, Human resources, IT, Real Estate and Procurement. GSS strategic goals are to provide high quality, cost efficient support services to all business areas and to the group. GSS shall deliver high quality support services, fully aligned with Group policies and in compliance with laws and regulations of the countries where we operate.

     

     

     

    What is the purpose of the position and the prime reason for its existence?

     

    • With the purpose of conducting a standardized, high quality and cost –efficient support function, GSS finance has re-organized its Middle Eastern and Africa operations into a centre responsible for defined finance processes and transactional tasks in Dubai.

     

    • The chief accountant oversees, reviews and evaluates the corporate compliance program on local, area or regional level, which includes internal control procedures and policies. The chief Accountant ensures that management and employees comply with local rules and regulations, that corporate and company policies are being followed.

     

    • The chief accountant is accountable to GSS management, in all compliance matters as listed in the job purpose. Accountability is achieved through providing stewardship on compliance matters for Business area/GSS management in the Region.

     

    Work to be performed/major duties:

    • Responsible for all statutory reporting and compliance issues within legal entities in Middle East
    • Drive standardization of accounting processes and recording of transaction in collaboration with the GSS center
    • Drive standardization of the chart of accounts and cost center structure for the legal entities
    • Work with Business Controllers, FP&A and GSS to standardize Daily, weekly and monthly reporting
    • Monitors shares capital development and dividends and makes sure that equity rules and dividend payment rules are followed and are legally compliant (eg. thin capitalization rules, limits to dividends, WHT on dividends, dividend reporting).
    • Ensures compliance with Group accounting standards, International Accounting Standards, Statutory and Tax rules
    • Oversees tax compliance, supports in tax reviews, supports in preparation of tax reports and tax calculation for annual group and statutory accounts.
    • Oversees compliance to statutory rules, supports in yearly audits and preparation of annual statutory accounts, notes and annual reports incl. public announcements, if requested
    • Coordinates and facilitates in Internal Control matters
    • Prepares companies for Internal Control visits and participates in Group Internal Control visits.
    • Acts as main contact point for general accounting processes and group reporting towards the shared service center, which includes providing input to specific accruals, provisions, Intercompany invoicing, investments and asset reviews, stocks, revenue recognition, cost of sales adjustments and questions to non-standard or complex journal entries.
    • Acts as main contact point towards auditors and outsourcing partners from local/area side
    • Take part in improvements projects including the legal entity efficiency project

    Position Qualifications

    Required education and level:

    • Certified Accountant
    • Educational background within Finance (BA or MA level).
    • 5 years of experience working as Finance or Compliance Manager or Senior finance professional
    • Solid experience from a global Finance organization in an international company. Good understanding of all key business processes across functional areas. Experience working in Oracle is an advantage.

     

    Characteristics of successful employee:  

    • Sharp judgment and Good communication skills
    • Positive attitude, customer centric mindset and the willingness to go the extra mile to meet organizational goals.
    • Ability to read, analyze, and interpret documentation and various financial reports
    • Energetic and approachable fostering positive atmosphere
    • Solution oriented, willing to take initiative to solve problems
    • Ability to work independently and as part of a team with minimal supervision
    • Attentive to detail and deadlines
    • Ability to multi-task and prioritize
    • Proven ability to learn and understand new software/accounting systems
    • Fluent in English: writing and speaking
    • Written and verbal communication skills in the following languages is an advantage: Portuguese, French, Arabic   

    Company & Business Area Description

    DNV GL is a global quality assurance and risk management company. Driven by our purpose of safeguarding life, property and the environment, we enable our customers to advance the safety and sustainability of their business.

    We provide classification, technical assurance, software and independent expert advisory services to the maritime, oil & gas, power and renewables industries. We also provide certification, supply chain and data management services to customers across a wide range of industries.

     

    Combining technical, digital and operational expertise, risk methodology and in-depth industry knowledge, we empower our customers’ decisions and actions with trust and confidence. We continuously invest in research and collaborative innovation to provide customers and society with operational and technological foresight.

    With origins stretching back to 1864 and operations in more than 100 countries, our experts are dedicated to helping customers make the world safer, smarter and greener.

     

    The Global Shared Services (GSS) organization within DNV GL provides high quality, cost effective services and processes within Human Resources, Finance and IT, based on requirements defined by the business areas and Group. GSS also develops central competence for distinct services, projects and development and will support policy, procedures and system implementation on a global, regional, and local level.

     

    GSS is about bringing a team of true process experts together, going for professional service levels at industry standards, and offering centers of expertise for competence based advisory. We are driven by people’s competence and motivation to help and support the business areas. As a member of the GSS community you act in a professional, multi-cultural, competent and service oriented environment with good possibilities to enhance your personal competencies and expertise, and to build a strong network with colleagues around the world.

     

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