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a role in Creating the
Future of World Trade?

VAC4160 - Senior Financial Accountant

Division Finance
Location Dubai, U.A.E.
Closing Date 28-May-2018
About the Business

DP World is a leading enabler of global trade and an integral part of the supply chain. We operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services to technology-driven trade solutions.

We have a portfolio of 78 operating marine and inland terminals supported by over 50 related businesses in over 40 countries across six continents with a significant presence in both high-growth and mature markets. We aim to be essential to the bright future of global trade, ensuring everything we do has a long-lasting positive impact on economies and society.

Our dedicated team of over 36,000 employees from 103 countries cultivates long-standing relationships with governments, shipping lines, importers and exporters, communities, and many other important constituents of the global supply chain, to add value and provide quality services today and tomorrow.

Container handling is the company’s core business and generates more than three quarters of its revenue. In 2017, DP World handled 70 million TEU (twenty-foot equivalent units) across our portfolio. With its committed pipeline of developments and expansions, the current gross capacity of 88 million TEU is expected to rise to more than 100 million TEU by 2020, in line with market demand.

By thinking ahead, foreseeing change and innovating we aim to create the most productive, efficient and safe trade solutions globally.

About the Role Fixed Asset Accounting, Administration of Corporate Credit Cards, Purchase Cards, Telephone Bills and DEWA Bills.
Key Accountabilities
  • Responsible for maintenance of the Fixed Assets Register in respect of HO which includes proper capitalisation of all Fixed Assets purchased, ensuring tagging of all assets, accounting for depreciation, sale/retirement/disposal of Fixed Assets as well as coordinating the periodical physical count exercise.
  • Processing of new Credit Card Applications (completed requests along with management approvals) as well as requests for renewal of existing cards, and following up with the bank on the same - appraising new applicants with the Corporate Credit Card Policy.
  • Liaising with the bank for replenishing the balance on the Corp CC in cases where the limit is exhausted in between cycles.
  • Scrutinising the supporting documents to the expense claims to ensure adherence to Corporate Credit card policy and to seek clarification/amendment where required.
  • Accounting correctly for the payments made to the bank as well as the approved claims received from the individual staff (coding them correctly in line with the budget) and making necessary accrual entries at the month end in respect of expense claims yet to be received – handle bank reconciliation for the credit card related bank account.
  • Initiating recoveries from employee salaries through Group Corporate Payroll in line with the CC policy for claims not submitted. Also liaise with Group Corporate payroll regularly to ensure that accounting for all deductions is accurately done.
  • Initiating direct bank transfers to the employee bank accounts in respect of cash claim reimbursements and written communication to each employee about the same. Ensuring correct accounting for all the payments online.
  • Maintaining Excel schedules for all transactions in the entire cycle (spending + billing + settlement) and ensuring the balances reconcile into the General Ledger.
  • Updating the Telephone expenses on each landline with relation to each Department and maintaining control over Etisalat payments.
  • Regular communication with service providers like DEWA and ETISALAT for the SOA to be up to date. Initiating follow up and meetings with officials of Etisalat and DEWA for reconciliation of accounts and correction of errors in allocation and the balances reflected on the 600 odd telephone numbers.
  • Following up with the Departmental Coordinators for the analysis of total calls into personal and official.
  • Liaising with Group Payroll for all recoveries to be made from employee salaries in respect of Credit cards as well as Office telephones, and ensuring accurate accounting of the same. Sending communication to individual staff regarding details of recoveries effected through the payroll.
  • Promote and demonstrate positive behaviours in harmony with DP World’s values and culture
  • Follow up and accounting for the refunds to be claimed on VAT paid on various expenses in UK and Europe.
  • Act as an ambassador for DP World at all times when working; promoting and demonstrating positive behaviours in harmony with DP World’s Founder’s Principles, values and culture; ensuring the highest level of safety is applied in all activities; understanding and following DP World’s Code of Conduct and Ethics policies
  • Perform other related duties as assigned 
Experience & Qualification

In order to give credible support to the organisation and be successful in this role, the ideal candidate will have the following:

  • Post Graduate Degree in Accountancy
  • 8 - 10 years’ experience in the Financial Accounts Department of a large sized company handling General Ledger, Fixed Asset Accounting  and Accounts Payable (AP) function, with payments to suppliers in multiple currencies.
  • Well developed written and spoken communication skills
  • High degree of analytical skills with an ability and aptitude to approach and resolve issues in a pro active manner.
  • Well developed accounting concepts coupled with a common sense approach and logical thinking.
  • Good knowledge of MS Excel (Pivot Tables).
  • Experience of dealing with Government departments like Etisalat and DEWA independently for the purpose of reconciliation.
  • Working knowledge of various modules Oracle Financials ERP software – General Ledger, Accounts Payable and
  • Above average inter personal skills and good at information seeking. 
Remuneration and Employment Benefits

The employment benefits package is reflective of the location, for this position the benefits consists of:

  • Accommodation Allowance
  • Transportation Allowance 
  • Annual Air Ticket(s) for self / and dependents
  • Private Medical Coverage for self / and dependents
  • Annual Performance Related Bonus 

Dubai, UAE :DP World, Ltd. (DP World) alerts job applicants and the public about a fraudulent scheme in which DP World has been impersonated.

The scammers fraudulently:
  • Impersonate DP World;
  • Impersonate DP World employees;
  • Conduct “job interviews” via text message, telephone, e-mail, and/or instant message (including Google Hangout) communications for work-from-home positions;
  • “Hire” employees to join DP World;
  • Provide the “employees” with funds to buy home-office equipment and pay DP World “vendors” via fraudulent checks and money orders; and
  • Instruct the “employees” via e-mail, text message, telephone, or instant message to deposit the checks into their personal bank accounts and wire or cash transfer some portion of the funds to “vendors,” which are actually the scammers.
DP World informs job applicants and the public that:
  • DP World is not expanding its operations in the United States in the next 3-6 months (as the scammers allege);
  • DP World’s operations in the United States are currently limited to Charlotte, North Carolina and are not expanding to any other locations for the foreseeable future;
  • DP World does not solicit potential employees via text message or instant messaging;
  • DP World does not interview employees by text message, e-mail, or instant messaging (including Google Hangouts);
  • DP World does not issue payment to its employees, prospective or otherwise, via paper check or money order;
  • DP World does not require employees to buy their own office equipment or personally pay vendors; and
  • The scammers have fraudulently used the name of DP World and its employees without authority and for malicious purposes.

One of the red flags that distinguishes a false communication from a legitimate DP World communication is the poor grammatical use of the English language, which is apparent in conversations with the scammers. Another red flag is the method of communication as DP World does not use commercially-available e-mail providers. No legitimate DP World communication would come from a common, publicly-available email service like Gmail, Hotmail, Yahoo Mail or Microsoft Outlook.

Further, false communications can also be identified by the tasks requested by the scammers. DP World does not request that its employees pay vendors personally, whether from their own funds or from funds provided by DP World. Likewise, DP World would never ask an employee to cash a check or money order and then make a deposit into a vendor’s account.

Contacted individuals should not respond to any communication regarding the scam, and under no circumstances should any individual deposit any checks, money orders, or other payments from the scammers into their bank accounts. If such funds are for some reason deposited, no payments should be made from those funds for at least seven (7) days after the funds are deposited to ensure the individual’s bank has accepted the check, money order, or other payment.

DP World encourages potential employees to refer to its website and its “Careers” section if they are seeking employment with DP World.

If you have any concerns about the authenticity of any correspondence or documents that purport to be issued by DP World, you should direct your concerns to DP World at HO.Recruitment@dpworld.com.

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