Job Description

POSITION: ACCOUNTANT

LOCATION: DUBAI, DOWNTOWN

EXPERIENCE: 4 to 8 years

Manages daily accounting tasks like accounts payable/receivable and general ledger entries, prepares financial statements, ensures VAT and corporate tax compliance with UAE regulations, performs bank reconciliations, and assists with month-end/year-end closings. Key duties also include cash flow management, budgeting, supporting audits, and utilizing accounting software to maintain accurate financial records.

Key Responsibilities

Financial Record Keeping: Maintain accurate financial transaction records in accordance with accounting standards. Prepare and manage journal entries for expenses and revenue. Oversee accounts payable and accounts receivable functions. Conduct bank reconciliations and manage day-to-day cash flow. Financial Reporting & Analysis: Prepare and analyze financial statements, including profit and loss, balance sheets, and cash flow statements. Assist with budgeting, forecasting, and variance analysis to support decision-making. Monitor and manage project-related financial transactions and expenses. Compliance & Audits: Ensure compliance with UAE VAT, Corporate Tax, and other relevant financial regulations. Facilitate internal and external audits by providing accurate documentation. Process staff payroll and ensure compliance with the WPS (Wage Protection System). Collaboration & Processes: Liaise with auditors, financial institutions, and other stakeholders. Collaborate with other departments to streamline financial processes. Assist with ad-hoc projects and process improvements to enhance financial operations.

Attributes of the position / Scope

UAE Financial Regulations:

A thorough understanding of local accounting standards, tax laws (especially VAT and Corporate Tax), and compliance requirements is essential.

Accounting Software:

Proficiency in widely used platforms such as QuickBooks, Sage 50, SAP, or Oracle Financials is highly valued.

Microsoft Excel:

Advanced skills, including pivot tables and financial modelling, are a non-negotiable requirement.

Data Analysis Tools:

Increasingly, skills in Power BI and Power Query for data visualization and analysis are needed to derive business insights.

Financial Statement Analysis:

The ability to interpret financial statements to extract key information is crucial for providing strategic advice.

Budgeting and Forecasting:

Experience in creating accurate financial projections and budget models is a core skill.

Job Type: Full-time

Pay: Up to AED7,000.00 per month