Accounting Specialist

We are growing and looking for an Accounting Specialist who will be responsible for managing the Finance Department with a broad range of internal financial reporting and tax functions.

This is a role to support the continued growth of the operations and to provide valuable input to support strategic management decisions.

The successful candidate should have a strong analytical and curious mindset with the technical ability to streamline processes. Able to maintain effective relationships with business partners and cross-functional teams at all levels of the organization. The main duties and responsibilities of this role are:

• Maintain timely and accurate financial statements and reports monthly.
• Prepare all supporting information for the annual audit.
• Document and maintain financial accounting systems for cash management, accounts payable, accounts receivable, and petty cash.
• Perform bank account reconciliations and cash flow management.
• Assist in reviewing monthly results and variance reporting.
• Oversee the bookkeeping function, including maintenance of the general ledger, accounts payable, and accounts receivable.
• Ensure tax compliance and timely filings of tax returns.
• Maintain financial records for client projects to facilitate management reports.
• Provide accurate and timely reporting on financial activity of individual projects.
• Stay updated with changes in accounting standards, tax laws, and regulatory requirements in the UAE, providing guidance and training to team members and clients as needed.

Education: Degree in Accounting/ Finance, Professional Certificates (ACCA/CFA/CMA/CIMA)

Experience:

• 2-3 years of UAE experience in accounting or finance.
• Exceptional Knowledge of UAE VAT and Corporate Tax

Skills:

• Excellent Communication and Interpersonal skills
• Teamwork and Collaboration
• Adaptability
• Excellent attention to detail and Time management skills
• Strong analytical thinking and problem-solving abilities
• Negotiation
• Proficiency in MS Office (Excellent in Excel)
• Familiarity with accounting software (e.g., QuickBooks, Zoho Books).
• Understanding of Accounting and Tax rules, local and international.

Job Type: Full-time

Application Question(s):

• Explain the matching principle in accounting and why it is important?
• Can businesses recover VAT input on purchases made by the company, and if so, what are the conditions for input VAT recovery?
• What is the corporate tax rate in UAE?
• Do all businesses in UAE required to register for Corporate Tax?

Experience:

• accounting: 3 years (Required)

Location:

• Dubai (Preferred)