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a role in Creating the
Future of World Trade?

VAC4160 - Senior Financial Accountant

Division Finance
Location Dubai, U.A.E.
Department DPW FZE DUBAI PORT INTL
Closing Date 28-May-2018
About the Business

DP World is a leading enabler of global trade and an integral part of the supply chain. We operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services to technology-driven trade solutions.

We have a portfolio of 78 operating marine and inland terminals supported by over 50 related businesses in over 40 countries across six continents with a significant presence in both high-growth and mature markets. We aim to be essential to the bright future of global trade, ensuring everything we do has a long-lasting positive impact on economies and society.

Our dedicated team of over 36,000 employees from 103 countries cultivates long-standing relationships with governments, shipping lines, importers and exporters, communities, and many other important constituents of the global supply chain, to add value and provide quality services today and tomorrow.

Container handling is the company’s core business and generates more than three quarters of its revenue. In 2017, DP World handled 70 million TEU (twenty-foot equivalent units) across our portfolio. With its committed pipeline of developments and expansions, the current gross capacity of 88 million TEU is expected to rise to more than 100 million TEU by 2020, in line with market demand.

By thinking ahead, foreseeing change and innovating we aim to create the most productive, efficient and safe trade solutions globally.

About the Role Fixed Asset Accounting, Administration of Corporate Credit Cards, Purchase Cards, Telephone Bills and DEWA Bills.
Key Accountabilities
  • Responsible for maintenance of the Fixed Assets Register in respect of HO which includes proper capitalisation of all Fixed Assets purchased, ensuring tagging of all assets, accounting for depreciation, sale/retirement/disposal of Fixed Assets as well as coordinating the periodical physical count exercise.
  • Processing of new Credit Card Applications (completed requests along with management approvals) as well as requests for renewal of existing cards, and following up with the bank on the same - appraising new applicants with the Corporate Credit Card Policy.
  • Liaising with the bank for replenishing the balance on the Corp CC in cases where the limit is exhausted in between cycles.
  • Scrutinising the supporting documents to the expense claims to ensure adherence to Corporate Credit card policy and to seek clarification/amendment where required.
  • Accounting correctly for the payments made to the bank as well as the approved claims received from the individual staff (coding them correctly in line with the budget) and making necessary accrual entries at the month end in respect of expense claims yet to be received – handle bank reconciliation for the credit card related bank account.
  • Initiating recoveries from employee salaries through Group Corporate Payroll in line with the CC policy for claims not submitted. Also liaise with Group Corporate payroll regularly to ensure that accounting for all deductions is accurately done.
  • Initiating direct bank transfers to the employee bank accounts in respect of cash claim reimbursements and written communication to each employee about the same. Ensuring correct accounting for all the payments online.
  • Maintaining Excel schedules for all transactions in the entire cycle (spending + billing + settlement) and ensuring the balances reconcile into the General Ledger.
  • Updating the Telephone expenses on each landline with relation to each Department and maintaining control over Etisalat payments.
  • Regular communication with service providers like DEWA and ETISALAT for the SOA to be up to date. Initiating follow up and meetings with officials of Etisalat and DEWA for reconciliation of accounts and correction of errors in allocation and the balances reflected on the 600 odd telephone numbers.
  • Following up with the Departmental Coordinators for the analysis of total calls into personal and official.
  • Liaising with Group Payroll for all recoveries to be made from employee salaries in respect of Credit cards as well as Office telephones, and ensuring accurate accounting of the same. Sending communication to individual staff regarding details of recoveries effected through the payroll.
  • Promote and demonstrate positive behaviours in harmony with DP World’s values and culture
  • Follow up and accounting for the refunds to be claimed on VAT paid on various expenses in UK and Europe.
  • Act as an ambassador for DP World at all times when working; promoting and demonstrating positive behaviours in harmony with DP World’s Founder’s Principles, values and culture; ensuring the highest level of safety is applied in all activities; understanding and following DP World’s Code of Conduct and Ethics policies
  • Perform other related duties as assigned 
Experience & Qualification

In order to give credible support to the organisation and be successful in this role, the ideal candidate will have the following:

  • Post Graduate Degree in Accountancy
  • 8 - 10 years’ experience in the Financial Accounts Department of a large sized company handling General Ledger, Fixed Asset Accounting  and Accounts Payable (AP) function, with payments to suppliers in multiple currencies.
  • Well developed written and spoken communication skills
  • High degree of analytical skills with an ability and aptitude to approach and resolve issues in a pro active manner.
  • Well developed accounting concepts coupled with a common sense approach and logical thinking.
  • Good knowledge of MS Excel (Pivot Tables).
  • Experience of dealing with Government departments like Etisalat and DEWA independently for the purpose of reconciliation.
  • Working knowledge of various modules Oracle Financials ERP software – General Ledger, Accounts Payable and
  • Above average inter personal skills and good at information seeking. 
Remuneration and Employment Benefits

The employment benefits package is reflective of the location, for this position the benefits consists of:

  • Accommodation Allowance
  • Transportation Allowance 
  • Annual Air Ticket(s) for self / and dependents
  • Private Medical Coverage for self / and dependents
  • Annual Performance Related Bonus 
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