Senior Management Accountant

Senior Management Accountant

About DP World

Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.  With a dedicated, diverse and professional team of more than 111,000 employees from 159 nationalities, spanning 77 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future. We’re rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.

 

What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimizing disruptions from the factory floor to the customer’s door. 

 

About DP World Global Service Centre

DP World’s Global Service Centre (GSCs) are key enablers of growth delivering standardization, process excellence and expertise, and automation in areas of Finance, Freight Forwarding, Marine Services, Engineering and Human Resources, helping accelerate DP World’s growth and business transformation. As we experience exponential growth, there has never been a more exciting time to join us. Discover your next role here and change what's possible for everyone! As an equal employer that recognizes and values diversity and an inclusive culture, we empower and up-skill our people with opportunities to perform at their best. Join us and be part of an amazing team that is transforming the future of world trade. 

 

Role Purpose: 

To lead and oversee the management of the Finance and Accounting function to ensure execution of company strategic goals and objectives. In addition, to lead and execute corporate special / adhoc projects as requested by the Regional Finance Manager/Director.

 

Designation:     Senior Management Accountant 

Base Location: Chennai

Reporting to:    Regional Finance Manager/Director

 

Key Role Responsibilities:

•  Providing support to the BU Heads, in administering Operational controls for smooth conduct of business.

• Cost control and recommendations for optimizing costs.

• Ensuring change initiatives are thoroughly implemented and understood by all stakeholders.

• Support the BU Heads, with BU presentations.

• Ensuring compliances with statutory matters. 

• Handling internal and risk compliance 

• Ensure submission and audit of annual financial statements for the BUs within the statutory timelines 

• Handle monthly book and annual book closure and reporting within the timelines as provided by Corporate. 

• Ensure completeness and accuracy of accounts and financial reporting 

• Regular monitoring and detailed review of all financial numbers and balances for the Bus 

• Review monthly reconciliations of inter-company balances and other balance sheet items 

• Liaise with Internal/external auditors and satisfactory resolution of audit issues, if any 

• Maintain all accounting reconciliations and other review and work papers in an organised manner on the POML shared drive.

• Ensure effective cash flow management at all times 

• Operational forex risk monitoring 

• Manage Working Capital 

• Collections and receivables specifically the one with potential risk

• Enhance risk management and monitoring 

• Ensure foreseen risks are identified, effectively managed and/or escalated 

• Ensure compliance to policies and procedures, IFRS and auditing standards.

• Lead the preparation of the BUs budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, and areas of unsatisfactory performance are identified and adequately addressed in a timely manner and potential performance improvement opportunities are capitalized upon 

• Analysis in detail the financial variances to budgets and forecasts for P&L and Balance Sheet • Support the BU heads in the process of planning, budget and control • Maintain all budget work papers and other review and presentation files in an organised manner on the POML share Accounts Payable (AP) 

• Policy & Controls: Ensure adherence to AP policies, approval workflows, and compliance with accounting and tax regulations. 

• Invoice Processing & Accuracy: Oversee timely and accurate invoice verification, coding, and booking with proper approvals. 

• Payment Management: Plan and execute vendor payments in line with cash flow priorities and agreed terms. 

• Vendor Management: Maintain vendor master data, resolve queries, and ensure smooth vendor relationship management.

• Reporting & Reconciliation: Prepare AP aging reports, perform vendor reconciliations, and ensure accurate month-end accruals. 

• Credit Control: Monitor customer credit limits and terms to minimize risk and ensure timely collections. 

• Billing & Collections: Ensure accurate invoicing and drive proactive collection efforts to reduce overdue receivables. 

• Cash Application: Oversee timely posting of customer receipts and resolve unapplied cash issues promptly. 

• Dispute Management: Investigate and resolve billing disputes quickly to maintain customer relationships and prevent write-offs. 

• Reporting & Reconciliation: Prepare AR aging reports, forecast collections, and reconcile customer accounts for accurate financial reporting drive.

 

 

 

Skills & Competencies: 

 

• Enhance MIS reporting for better transparency.
• Monitor Systems and Procedures and compliance with authority manuals.
• Establish and maintain accounting and internal control procedures.

• Assist the Financial Controller in any special and adhoc projects including but not limited to:

  • 1. Accounting or related System implementation or upgrades 

  • 2. Special Capex Projects 

  • 3. Oracle Fusion implementation 

  • 4. Any other task as may be assigned

• Oversee the regions tax process including filing of returns, completion of assessment and review of optimum tax structure 
• Oversee regional Tax computations and filing of tax returns 
• Compliance of regional tax laws as applicable.
• Expert knowledge in MS Excel and ERP package
•  Working knowledge in Orcale preferred 
• Microsoft Office (Excel, Word, PowerPoint) 
• IFRS 
•  Reporting Knowledge
•  Negotiations skills

 

 

Education & Qualifications: 

 

 

• Qualified Chartered Accountant, CPA or ACCA or equivalent.

• Minimum Experience: 

  Must have minimum 10 years’ experience in Finance and Accounts of which at least 5 years should be as Finance Manager 

• Must have experience in interaction at a Senior Management level 

• Must have experience in working in similar Industry for minimum 3 years.

   

  

DP World is committed to the principles of Equal Employment Opportunity (EEO). We strongly believe that employing a diverse workforce is central to our success and we make recruiting decisions based on your experience and skills. We welcome applications from all members of society irrespective of age, gender, disability, race, religion or belief.

 

Experience Level

Senior Level