Senior Accountant

Position: Senior Accountant Location: Dubai, UAE Compensation: AED 8,000 AED 9,000 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 Show more Show less

Bachelor's degree in finance, accounting, or related field. Knowledge of IFRS. At least 4 years of accounting experience, preferably in UAE. Experience with accounting software such as Tally, Zoho Books, QuickBooks. Microsoft 365 proficiency, especially MS Excel. Basic UAE VAT and UAE Corporate Tax knowledge. Excellent organizational and time management skills. Ability to maintain strict confidentiality. Excellent verbal, written and presentation skills with strong active listening. Ability to prioritize and manage multiple tasks.

Maintain and oversee the books of accounts for all group companies in compliance with 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 for 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.