Position: Senior Accountant
Location: Dubai, UAE
Executive Summary
Join an amazing group of people at OliOli® and help their mission to deliver exciting, joyful, differentiated, world-class, and incredibly fun experiences to children that nurture their innate sense of curiosity and exploration.
OliOli® (means joy in the Hawaiian language) is a multiple award-winning contemporary childrens museum that opened to rave reviews in 2017.Founded by a group of parents who are passionate about open-ended non-judgmental play, OliOli® entails 8 interactive galleries comprising over 45 hands-on exhibits.
Find out more information about OliOli® @ www.olioli.ae or www.instagram.com/olioliuae.
POSITION OVERVIEW
The Senior Accountant will report to the Finance Supervisor/Manager and will be responsible for managing day-to-day bookkeeping and providing support to the Finance Supervisor/Manager. The Senior Accountant is expected to handle communications with suppliers, external contacts, and internal departments, assist with inventory, database, and record maintenance, prepare financial reports and support in weekly cash/cheque deposits. To be successful in this role, you will need attention to detail, organizational skills, and be familiar with accounting principles and accounting software.
KEY DUTIES & RESPONSIBILITIES
Financial Accounting
- Maintain and oversee the books of accounts for all group companies in compliance with accounting standards (IFRS).
- Supervise and guide Accounts Assistants, ensuring accuracy and timeliness in daily accounting operations.
- Manage customer refund transactions through banks and online payment gateways.
- Reconcile daily sales from multiple channels (POS, e-commerce, third-party apps) with bank and payment gateway statements.
- Review and process supplier payments in line with company policies and contracts.
- Record and monitor all financial transactions in the accounting system, ensuring completeness and accuracy.
- Manage procurement accounting: issue POs, review quotations, process supplier invoices and ensure proper approvals.
- Coordinate with HR for payroll processing, and manage employee-related accounts including leave accruals, advances, and end-of-service benefits.
- Oversee cash management, including petty cash controls, reimbursements, and cash flow monitoring.
- Collaborate with Administration, HR, Café operations, and external service providers to support financial processes.
- Lead the monthly closing process: prepare and review bank and supplier reconciliations, accruals, salary provisions, staff advance adjustments, prepayment schedules, and fixed asset register updates.
- Prepare and analyze monthly MIS reports (P&L, Balance Sheet, Cash Flow) for management review and decision-making.
- Support annual budgeting, forecasting, and variance analysis to provide insights into business performance.
- Assist in accurate and timely filing of VAT and Corporate Tax returns.
- Assist Finance Executive to address auditor queries and to provide necessary documentation to auditors and to regulatory authorities as required.
- Prepare reimbursement claims for submission to the group entity and track settlements.
- Support ERP implementation projects, including chart of accounts design, testing, and user training.
- Liaise with banks and financial institutions for treasury operations and financing arrangements, as required.
- Mentor and support junior accounting staff to enhance overall team capability.
Administration
- Maintain updated list of all contacts of third-party vendors, suppliers, institutional customers
- Organize all documentation physically and electronically in an efficient manner
Traits & Characteristics
- Self-starter and self-motivated; thrives working in a team-oriented and collaborative environment
- Positive energy; respectful of diversity; patient and empathetic; friendly; courteous
- Adaptable to perform a variety of duties.
- Attention to detail & meticulous.
QUALIFICATIONS AND EDUCATION REQUIRED:
- Bachelors degree in finance, Accounting, or any related field
- Should be well versed with accounting entries and should have knowledge of IFRS
- Prior accounting work experience of at least 4 years, preferably in UAE
- Expertise and experience with various Accounting Softwares such as Tally, Zoho books, Quick books,
- Sound knowledge of Microsoft 365, especially MS Excel
- Basic UAE VAT and UAE Corporate Tax Knowledge is required
- Excellent organizational and time management skills
- Ability to maintain strict confidentiality
- Excellent verbal, written and presentation skills; demonstrated active listening skills
- Demonstrated ability to be flexible and adopt at prioritizing and managing multiple tasks
Compensation: AED 8,000 AED 9,000
