Who are we?
CFI Financial Group is an award-winning trading provider, possessing more than 25 years of experience with multiple offices around the world including London, Larnaca, Beirut, Amman, Dubai, Kuwait, Port Louis, and others.
Check out more about CFI here: https://cfifinancial.com/en-ae/about-us
CFI is hiring! Make your mark in the online trading industry.
Are you looking to pursue a career in finance? Do you want to work with a dynamic and growing team in the exciting world of online trading and investing? If you answered yes, then we have some amazing opportunities for you!
Description:
The Senior Accountant plays a key role in ensuring the integrity of financial records and the accuracy of reporting across the organization. This role combines general accounting responsibilities with a strong focus on managing the accounts’ payable function. The incumbent will oversee financial operations across multiple entities, support monthly and year-end closing, enforce compliance with internal policies and regulatory requirements, and contribute to process enhancements within the Finance function.
Key Responsibilities:
Accounts Payable Oversight
• Manage the full lifecycle of accounts payable, including invoice verification, matching, and timely posting.
• Ensure compliance with procurement procedures, tax regulations, and approval workflows through systems such as Zahara or ERP platforms.
• Review and validate GL coding and cost allocations across entities.
• Reconcile supplier accounts and coordinate payment schedules with Treasury.
• Monitor AP aging reports, ensure proper accruals, and resolve discrepancies proactively.
• Maintain robust documentation and audit trails for all AP transactions.
General Accounting & Financial Close
• Prepare and record journal entries, including accruals, prepayments, and reclassifications.
• Perform account reconciliations and ensure accuracy across the general ledger.
• Support timely and accurate month-end and year-end close activities across all legal entities.
• Contribute to the preparation of internal financial statements and reporting packages.
• Ensure accounting treatment aligns with applicable standards (e.g., IFRS) and company policy.
Regulatory & Tax Compliance
• Ensure accurate VAT treatment and compliance with applicable tax regulations across jurisdictions.
• Support internal and external audits, providing required documentation and explanations.
• Enforce internal controls and contribute to risk mitigation related to financial reporting and AP processing.
Reporting & Analysis
• Generate periodic financial and operational reports, including AP status, spending analysis, and variance reports.
• Assist in budgeting and forecasting processes by providing actual expense insights and trends.
• Support financial analysis for strategic decision-making.
Process Enhancement & Team Collaboration
• Identify opportunities for automation and process optimization in both AP and general accounting workflows.
• Participate in system upgrades or ERP improvements and provide user acceptance testing and feedback.
• Provide guidance to junior accountants and act as a subject matter expert on AP and financial operations.
• Collaborate cross-functionally with Procurement, Treasury, Tax, and other departments.
Qualifications & Experience
Bachelor’s degree in accounting, Finance, or a related field; CPA, CMA, or equivalent certification is an advantage.
• 4–6 years of progressive accounting experience, including significant responsibility for accounts payable.
• Strong understanding of accounting principles (IFRS preferred) and financial reporting practices.
• Proven experience with ERP systems and invoice workflow automation tools.
• Strong knowledge of applicable tax regulations and financial compliance requirements.
• Advanced Excel skills, including pivot tables and data analysis functions.
• Experience in a multi-entity, cross-border accounting environment is preferred.
Why join CFI?
- We’re a fast-growing, multinational company
- Competitive salaries and benefits
- Work and learn with industry professions
- Supportive and collaborative environment
- Unlimited opportunities for growth and development
