Financial Reporting Associate

Fixed asset and inventory accounting sit at the center of the Associate – Financial Reporting, Fixed Assets & Inventory vacancy at Shamal Holding in Dubai. The post is permanent, and its work runs through each monthly, quarterly and annual close.

Financial reporting associate job details in Dubai

The role keeps accounting and reporting for fixed assets and inventory accurate, complete and timely. Beyond the records themselves, it supports the period-end close and planning, strengthens controls, and supplies analysis for financial decisions. It also keeps the work within applicable accounting standards and company policies.

Responsibilities

• Maintains the fixed asset register, recording additions, capitalization, transfers, disposals, retirements and depreciation correctly and on time, and reviews Capital Work in Progress so eligible balances are capitalized or cleared with support
• Prepares fixed asset reconciliations, movement schedules and variance analysis, along with depreciation budgets and forecasts
• Safeguards company assets through purchase and transfer controls, accurate tagging, physical verification and prompt investigation of variances
• Keeps inventory balances accurate through classification, approval and reconciliation, aligning physical counts, sub-ledgers and the general ledger
• Reports on inventory ageing and slow-moving or obsolete items, and prepares adjustments, schedules and movement analysis for period-end and audit
• Contributes to the monthly, quarterly and annual close with supported journals, reconciliations, schedules and variance commentary
• Supports standalone and consolidated financial statements, disclosures, reporting packs, budgeting and forecasting, and investigates aged, unusual or intercompany reconciling items
• Provides audit support, keeps activities compliant with IFRS, group policies, delegation of authority and internal controls, and improves fixed asset, inventory and reporting processes through standardization and automation

Requirements

• ACCA, ACA, CPA, CMA or an equivalent professional accounting qualification
• Experience with period-end close, balance sheet reconciliations, audit support and financial reporting schedules
• Working knowledge of IFRS, especially the requirements for property, plant and equipment, inventories and financial statement presentation

Preferred qualifications

• Microsoft Dynamics 365
• Fixed asset management systems and advanced Microsoft Excel

About Shamal Holding

Shamal Holding describes itself as a diversified investment firm born in Dubai, with a portfolio across lifestyle and entertainment, destinations, real estate, hospitality and F&B. Skydive Dubai, Deep Dive Dubai, XDubai, Dubai Harbour and Kite Beach are among its names.

How to apply

Applicants apply here, quoting reference P5387. Because of the high number of profiles received, only shortlisted candidates are contacted.