Avanceon is a well-established multinational corporation with over 24 years of experience in automation, control systems integration, and proprietary energy management solutions. Operating across key markets including Dubai, Qatar, Saudi Arabia, and Pakistan, Avanceon has evolved into a comprehensive 360-degree solution provider. The company is recognized for delivering excellence in automation, energy management, and service and maintenance, with a strong focus on Industry 4.0 technologies, smart factories, IoT, and predictive analytics. Avanceon integrates these advanced technologies seamlessly into practical applications, supported by robust structures and best practices.
The Accounts Executive will play a vital role in maintaining the accuracy and integrity of financial information for the Avanceon Group. This position involves managing a variety of accounting functions such as preparing financial statements, revenue recognition, project accounting, and reconciliations. The role also requires active participation in project monitoring meetings and handling assignments delegated by the Chief Financial Officer.
Key Responsibilities:
- Prepare standalone and consolidated financial statements for Avanceon Group in compliance with IFRS standards.
- Perform monthly revenue recognition following IFRS-15 accounting principles.
- Allocate project-related inventory costs monthly based on verified delivery notes.
- Charge timesheet data to projects monthly, confirmed by the engineering department.
- Validate daily project wins entered by sales personnel in the Management System Group Platform (MSGP).
- Verify daily change orders received and recorded by the procurement team in MSGP.
- Conduct bi-monthly project monitoring meetings with project managers.
- Review and finalize intercompany reconciliations, petty cash entries, accruals, fixed assets, and other financial records.
- Complete additional assignments as directed by the CFO.
Required Qualifications:
- Professional qualification such as ACCA, CA, ACCA/CA Intermediate, or an equivalent certification.
- 1 to 3 years of experience in a similar accounting role.
- Strong knowledge of IFRS accounting standards.
- Proficiency in Microsoft Office Suite, including Excel, Word, and PowerPoint.
- Excellent analytical and problem-solving abilities.
- High attention to detail and accuracy.
- Ability to work independently as well as collaboratively within a team.
- Strong communication and interpersonal skills.
Preferred Qualifications and Benefits:
Avanceon offers a competitive salary and benefits package, providing an excellent opportunity to grow within a dynamic and expanding organization. Employees become part of a highly skilled and motivated team, with ample support for career development in a positive and encouraging work environment.
This role is ideal for candidates seeking to advance their accounting career in a forward-thinking company that embraces innovation and continuous improvement.