Accountant

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