Accounting Executive

Job Title: Accounting Executive
Reports to: Finance Manager
Function: Accounting

Job Overview:
The Accounting Executive will be responsible for performing a variety of accounting functions with a high degree of accuracy and efficiency. The role requires a strong understanding of accounting principles, excellent analytical and problem-solving skills, and the ability to work independently as well as collaboratively within a team.

Key Responsibilities:

Accounts Receivable:

• Process customer invoices and credit memos.
• Monitor and follow up on timely job card approvals.
• Maintain customer accounts and follow up to ensure timely payments.
• Reconcile customer accounts and issue statements of receivables.
• Prepare and analyze customer aging reports.
• Resolve customer billing inquiries and disputes.

Regulatory Compliance:

• Prepare quarterly revenue reports in the required format.
• Reconcile VAT payable on a quarterly basis.
• Assist with the processing of employee expense reports.

General Accounting:

• Prepare journal entries for various accounting transactions.
• Assist with account reconciliations (e.g., bank, credit card).
• Support the month-end and year-end closing processes.
• Prepare and maintain supporting documentation for all accounting transactions.

Financial Reporting:

• Assist in the preparation of financial statements, including balance sheets and income statements.
• Prepare various financial reports as required (e.g., sales reports, expense reports).

Other Responsibilities:

• Support special projects as needed.
• Provide assistance to other members of the Finance team.
• Maintain accurate records and ensure compliance with applicable accounting standards (e.g., IFRS).

Key Performance Indicators (KPIs):

• Invoice Accuracy: Maintain 100% accuracy in all customer invoices.
• Timely Collections: Ensure 100% timely collection of outstanding invoices.
• Revenue Report Accuracy: Maintain 100% accuracy in revenue reports for regulatory compliance.
• Reconciliation Accuracy: Achieve 100% accuracy in account reconciliations.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field (preferred).
• 2–5 years of experience in an accounting role.
• Strong understanding of accounting principles and procedures.
• Proficiency in Microsoft Excel and accounting software (e.g., QuickBooks, NetSuite).
• Excellent analytical, problem-solving, and organizational skills.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaboratively within a team.
• Effective time management and organizational abilities.

Key Competencies:

• Technical Expertise: Knowledge of accounting principles, financial reporting, and internal controls.
• Analytical Skills: Ability to analyze financial data and identify potential issues.
• Problem-Solving Skills: Ability to resolve accounting discrepancies and address customer inquiries.
• Communication Skills: Excellent written and verbal communication skills.
• Interpersonal Skills: Ability to interact effectively with colleagues, customers, and vendors.
• Work Ethic: Strong commitment to accuracy, efficiency, and professional integrity.

Job Type: Full-time

Pay: AED4,000.00 - AED4,500.00 per month