Compliance and Accounting Officer

Compliance and Accounting Officer You will be responsible for developing, implementing, and monitoring the company's compliance framework to ensure adherence to all applicable legal, regulatory, ethical, and internal policy requirements within the precious metals and gold bullion trading industry. The role oversees the Compliance Department, supports risk management initiatives, and ensures compliance with AML/CFT regulations, responsible sourcing standards, supply chain due diligence, and ISO requirements. You will serve as the Alternate Money Laundering Reporting Officer (MLRO), liaise with regulatory authorities, and act on behalf of the company. You will also serve as Accounting Manager and manage end-to-end accounting operations, financial reporting, inventory control, and UAE VAT compliance. Key Roles and Responsibilities: • Lead and manage the Compliance Department, ensuring adherence to all applicable laws, regulations, and internal policies. • Serve as the Alternate Money Laundering Reporting Officer (MLRO) and liaise with regulatory authorities on AML and responsible supply chain compliance requirements. • Develop, implement, and monitor compliance policies, procedures, and internal control systems. • Review and approve the onboarding of new and existing clients, suppliers, and business partners, ensuring full KYC, AML, and compliance requirements are met. • Conduct supply chain due diligence and risk assessments for clients and suppliers in line with industry standards. • Prepare supplier Risk Mitigation Reports and maintain the company's Risk Management Policy. • Conduct compliance training and awareness programs for employees, senior management, and external stakeholders. • Prepare and submit biannual Compliance Management Reports for senior management. • Support internal audits, and regulatory inspections if any. • Assist the Management Representative (MR) in maintaining ISO compliance and certification requirements. • Perform all compliance-related duties assigned by Senior Management. • Prepare financial statements and handle month-end closing • Manage general ledger, journal entries, and bank reconciliations • Oversee AP/AR and cash flow • Reconcile POS sales and account balances • Supervise stock taking and inventory valuation (Bullions of gold, silver etc) • Monitor stock movement and investigate variances • Ensure UAE VAT compliance and support audits • Provide sales, margin, and inventory analysis • Bank account onboarding and coordination with banks

Education: Bachelor’s in Accounting/Finance; CA preferred Experience: Minimum of 5 years of experience in compliance, preferably within the financial services, gold refining, jewellery/retail or wholesale gold or a similar highly regulated industry. Certifications: Certifications in TFS-DNFBPs, DMCC-AML-CFT, or other relevant AML/CFT certifications. Skills: • Strong knowledge of government regulations, particularly in AML/CFT. • Strong knowledge of inventory accounting, ERP/POS systems • Advanced Excel and analytical skills • Effective time management and organizational skills. • Excellent verbal and written communication abilities. • Critical thinking and problem-solving skills with a keen eye for detail. • Ability to manage multiple tasks and projects simultaneously. Job Type: Full-time; 6 days a week

Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...