DP World

DP World is one of the largest marine terminal operators in the world, with 49 terminals and 12 new developments across 32 countries.  Its dedicated, experienced and professional team of nearly 30,000 people serves customers in some of the most dynamic economies in the world. As a business we aim to enhance customers’ supply chain efficiency by effectively managing container, bulk and other terminal cargo.  

The company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them.  In addition, we are committed to providing an environment that is safe for all and, together in taking personal accountability with our employees for making safe decisions at all times, we can achieve this goal.

This position reports to General Manager - Group Accounting & Reporting and the Manager - Budget and Forecasting and the main purpose of the role is to directly be responsible for the preparation of PFZ World/DP World's Monthly, Half Yearly and Annual Financial statements.  

Key accountabilities will include:

• Directly responsible for preparation of monthly consolidated financial statements on IFRS basis
• Responsible for Oracle Ledger closing on a monthly basis
• Oracle support to the head office team, various locations and closely working with Oracle team globally
• Responsible for maintaining Chart of Accounts for the DPW Group
• Preparation of month-end financial statement schedule
• Maintaining accounting ledgers for various global holding companies
• Resolve IFRS related queries from location
• Update Group Accounting policies on an annual basis
• Carry out Quarterly Balance Sheet reviews for various ports
• Deal with various Auditors in resolving their queries and assisting them in timely completion of audits
• Setting up of new companies and reorganisations in Oracle System
• Preparation of ad-hoc report requests from Dubai World / Government Auditors
• Preparation of IFRS based Budget including Balance Sheet, Income Statement and Cashflow
• Responsible for reconciling IFRS reporting with Management reporting
• Responsible for uploading financial data relating to global locations
• Responsible for all types of financial analysis for the Group
• Carry out Equity and Minority Interest holding percentage checks on a monthly basis
• Maintain Intercompany balances file to ensure proper reconciliation and eliminations
• Coordinate with all regional offices globally in respect of all accounting matters
• Carry out Foreign Exchange Reserve reconciliation as well as upload the changes to FX rates in the Oracle System
• Upload of historical amounts for all Equity and Investment accounts in Oracle on an annual basis
• Assist Treasury and Tax relating to IFRS reporting and reconciliations
• Assist Investor Relationship Team in reviewing and updating any of the financial data for their reporting
• Responsible for preparation of any ad-hoc reports requested by Management Team
• Responsible for carrying out ‘impairment testing' on half yearly and annual basis as per IFRS requirement

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

• At least 5 years of post qualification experience in global/multinational organisation involving global consolidation of accounting function
• Bachelor degree in Accounting / Finance
• Chartered Accountant / Certified Public Accountant is a must
• Prior experience in Big 4 auditing firm is a must
• Working knowledge of ERP Systems such as Oracle Financials is a must
• Up-to-date knowledge in International Financial Reporting Standards
• Ability to work within strict time-lines and under pressure
• Excellent communication skills in English

We are committed to the development of our people and aim to retain talent by investing in ongoing training to improve performance and provide career development opportunities.  In addition, we offer competitive base salaries in comparison to the markets in which we operate.  The employment benefits package is reflective of the location, for this position the benefits consists of:

• Accommodation Allowance 
• Transport Allowance 
• Education Assistance for Dependents 
• Annual Air Ticket
• Private Medical Coverage 
• 22 working days annual leave 
• Annual Performance Related Bonus 
• End of Service Benefit