We are seeking a highly motivated and detail-oriented Financial Accountant with a minimum of 1 year of relevant experience in the UAE. The ideal candidate will be semi-qualified CA and possess a strong understanding of accounting principles, IFRS, basic VAT regulations, and corporate tax in the UAE. This role will be integral to ensuring the accuracy and integrity of our financial records and supporting the overall financial health of the organization.
Key Responsibilities:
Financial Reporting & Analysis:
Prepare and maintain accurate financial records, including general ledger entries, balance sheets, profit and loss statements, and cash flow statements.
Assist in the preparation of monthly, quarterly, and annual financial reports in accordance with IFRS.
Conduct financial analysis to identify trends, variances, and areas for improvement.
Support the month-end and year-end closing processes.
Accounting Operations:
Manage accounts payable and accounts receivable processes, ensuring timely and accurate transactions.
Reconcile bank statements, intercompany accounts, and other general ledger accounts.
Process and verify invoices, expense reports, and payroll-related entries.
Maintain fixed asset register and depreciation schedules.
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IFRS Compliance:
Apply International Financial Reporting Standards (IFRS) consistently to all financial transactions and reporting.
Stay updated with new IFRS pronouncements and assess their impact on the company's financial statements.
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VAT & Corporate Tax Knowledge:
Possess a basic understanding of UAE VAT laws and regulations, assisting with VAT calculations and return preparation.
Demonstrate foundational knowledge of UAE corporate tax and compliance requirements relevant to financial operations.
Requirements:
Strong theoretical and practical knowledge of
accounting principles and practices
.
In-depth understanding and working application of
International Financial Reporting Standards (IFRS)