Senior Accountant

Salary: AED 14,000 - 18,000 depending on experience

Responsibilities:

Financial Operations:

• Manage day-to-day financial operations, including accounting, bookkeeping, and providing input for budgeting, forecasting, and cash flow management within the gaming sector.
• Monitor financial performance of gaming-related investments, identifying opportunities for improvement or risk mitigation in areas such as game development costs, monetization models, and esports operations.
• Ensure compliance with all relevant regulatory requirements and industry standards in gaming, with particular focus on the evolving landscape of blockchain gaming, in-game economies, and virtual assets.
• Supervise and/or participate in petty cash accounting, ensuring disbursements, reconciliations, and compliance with internal controls within gaming operations.
• Coordinate and support internal and external audits, ensuring timely and accurate information and compliance with gaming industry-specific accounting standards.

Financial Reporting and Analysis:

• Prepare comprehensive financial reports, statements, and forecasts for management, shareholders, and regulatory bodies, with a focus on gaming ventures and projects.
• Deliver financial statements (annually) and management reports (monthly), including income statements, balance sheets (fully supported by schedules), and cash flow for gaming-related entities. Provide commentary on financial performance and future projections, focusing on game launch timelines, revenue models, and in-game asset transactions.
• Proficiency in accounting for prepayments, identifying capitalizable costs associated with game development, and accurately accruing expenses related to in-game purchases, NFTs, and digital asset transactions.
• Strong understanding of industry standards, including GAAP, IFRS, and the regulatory framework governing gaming, particularly in regions with evolving virtual asset legislation.

Development:

• Foster a collaborative and inclusive work environment, promoting accountability and excellence across teams involved in game development, esports, and blockchain gaming projects.
• Build strong relationships with cross-functional teams, ensuring alignment between finance, game development, marketing, and operations to achieve organizational objectives within the gaming sector.
• Assist the Finance Manager with ad-hoc reports and day-to-day financial tasks, focusing on game development budgets, revenue forecasts, and financial modeling for gaming projects.
• Stay updated on trends in the gaming industry, including emerging blockchain gaming technologies, the adoption of NFTs in gaming, and new regulatory changes affecting the sector.

Other Activities:

• Provide ad hoc financial analysis and reviews as required, with a specific focus on gaming investments, in-game economies, esports sponsorships, and the integration of Web3 technologies into games.
• Support additional activities assigned by the Finance Manager, particularly those related to the firm’s gaming portfolio.

Requirements:

• University degree in Accounting, Finance, or a related field.
• Prior experience or strong knowledge of the gaming industry is a must, especially in areas like game development, esports, and the integration of blockchain and Web3 technologies into games.
• Proficiency in accounting software, MS Office Suite, and financial modeling tools, with a focus on financial analysis for gaming companies.
• Attention to detail, strong organizational skills, and the ability to manage multiple tasks effectively in a fast-paced environment.
• Strong problem-solving skills and the ability to adapt quickly to the dynamic gaming industry.
• Relevant professional qualifications (e.g., ACCA, CMA, CPA) are preferred.
• A minimum of 5 years of proven experience as an accountant for a holding group, particularly with subsidiaries in the gaming industry across multiple jurisdictions.