Accounts Executive

Job Description:

Monitor transfer pricing for compliance with arm's length standard, work with legal and accounting to properly document and charge out intercompany transactions such as rig leases, loans, administrative services charges and secondment fees

• Manage day-to-day back office accounting process of international entities and compliance with statutory requirements
• Assist in coordination efforts with external service providers for international accounting
• Compute digital income from international markets, accounting for tax inclusive amounts and multiple currencies
• Ensure good DSO figures with low bad debt losses
• Monitor open Letter of credits and their expiration dates
• Reconciliation of accounts and monitoring of receipts concerning outstanding debts
• Establish good working-relationships with both customers and internal parties
• Calculate bad debt provisions on a monthly basis.

• Assist the Accounting Manager and Global Controller on various ad-hoc projects
• Oversee monthly accounting activities for international statutory reporting for overseas offices
• Financial accounting for the entity
• Fixed asset accounting for entity
• Key role as part of Finance team with key interfaces with other internal customers and European controllers, A/P, A/R, Company's UAE treasury, US Corporate accounting, UAE Tax and local tax advisers
• Implement new established accounting procedures by UAE
• Prepare and maintain documentation required to obtain royalty/dividend/interest w/h tax rates under treaties between the U.S and foreign countries
• Prepare US tax compliance related to international transactions in Corp Tax or manage and provide first level review of third party consultant work
• Assist in finance related projects, including system automation, new process roll out.
• Compliances, Legal Compliances, Labour Law, Agreement Negotiation, ETC.