Accountant
Elliottgroup · Abu Dhabi, UAE
Overview & Responsibilities
We are seeking a detail-oriented and experienced Accountant to join our Shared Services Center (SSC) team in Abu Dhabi. In this role, you will take ownership of revenue recognition, WIP reconciliations, and departmental compliance across IFRS, local GAAP, and J-SOX standards. As a key financial partner collaborating across Elliott Entities, Repairs Operations, and regional leadership in EMA, you will ensure precise reporting, strong internal controls, and timely month-end close execution.
KEY RESPONSIBILITIES
Revenue recognition and WIP reconciliation- Revenue Recognition: Ensure all monthly revenue is fully reconciled in a timely manner (in strict accordance with the finance closing schedule), with all related costs accurately linked to each job, and presented to the Finance Manager (FM) as part of month-end close.
- WIP Reconciliation: Ensure all Work in Progress (WIP) balances for the month are fully reconciled in a timely manner per the finance closing schedule, proactively tracking milestones and investigating variances.
- Cost Accruals: Calculate cost accruals for internal costs not received, as well as cost overage accruals where total job costs exceed authorized Purchase Orders.
Departmental procedures and compliance- Regulatory Compliance: Ensure strict adherence to IFRS, local GAAP, and J-SOX internal control frameworks.
- Balance Sheet Reconciliations: Prepare and review monthly balance sheet reconciliations, ensuring full substantiation of accounts and prompt resolution of open reconciling items.
- Commission Processing: Manage the accurate preparation and calculation of monthly commission payments.
- Banking Controls: Review and verify bank payment requests against supporting documentation, processing approvals in line with delegated authorization limits.
- Ad-Hoc Support: Assist the SSC Accounting Manager and entity Finance Managers with ad-hoc reporting, technical analysis, and audit requirements.
Background and experience- Education & Certifications: Bachelor of Science (B.S.) in Accounting or Finance; holding a recognized professional qualification (ACCA, CMA, CA, CPA, or equivalent).
- Systems Expertise: Expert proficiency in the computerized systems, ERP platforms, and financial software used to support the organization’s accounting and finance operations, along with advanced Excel capabilities.
- Analytical Aptitude: Strong analytical, problem-solving, and numerical skills, with exceptional accuracy and attention to detail.
- Communication: Strong verbal and written communication skills, with the demonstrated ability to articulate financial data clearly across cross-functional teams.
Contact with stakeholders- Elliott Entities: Liaise with counterpart teams across other Elliott Entities to ensure intercompany revenues, costs, and accruals are properly agreed, reconciled, and booked between entities.
- Repairs Operations & Management: Maintain active, ongoing communication with Repairs Operations & Management to review job status, validate job costs, and resolve operational accounting queries.
- Regional Finance Leadership: Maintain regular engagement with the SSC Accounting Manager and entity Finance Managers across EMA to uphold reporting schedules and drive process alignment.
Other- Team Collaboration & Flexibility: Support the wider SSC Team and cover key operational roles and duties whenever necessary to maintain business continuity.
Base Location & Work ScheduleThis is a full time, on-site permanent position based out of our Office in Abu Dhabi.
The world turns to Elliott.
Customers throughout the world choose Elliott for the design, manufacture and service of their critical rotating equipment. Elliott’s global service network routinely installs, overhauls, repairs, upgrades and rerates machines from any manufacturer. Customers everywhere turn to Elliott for precision engineering, extraordinary reliability and unparalleled service.
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