Accounts Officer

Job Summary: The Accountant will be responsible for managing the financial records of the company, including bookkeeping, invoicing, accounts payable/receivable, tax filing (VAT and Corporate Tax), and preparation of financial reports. The role requires accuracy, confidentiality, and thorough knowledge of accounting standards and UAE tax regulations. ______________

Key Responsibilities:

1. Accounting & Bookkeeping

• Maintain accurate and up-to-date financial records (general ledger, journals, trial balance).

• Process and reconcile accounts payable and accounts receivable.

• Record daily transactions including sales, purchases, receipts, and payments

• Manage petty cash and bank reconciliations.

2. VAT & Corporate Tax Compliance

• Prepare and file VAT returns as per Federal Tax Authority (FTA) regulations.

• Ensure proper VAT treatment on sales, purchases, imports, and exports.

• Maintain VAT-related documentation such as tax invoices, credit/debit notes, and supporting schedules.

• Prepare and submit Corporate Tax returns in compliance with UAE Corporate Tax Law.

• Maintain records required for Corporate Tax audit and ensure timely payments and filings.

3. Invoicing & Receipts

• Generate, issue, and record sales invoices in compliance with VAT regulations.

• Verify and record supplier invoices and supporting documentation.

• Monitor and follow up on outstanding payments from clients.

• Issue receipts for payments received and ensure accurate documentation.

4. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements (Balance Sheet, Profit & Loss, Cash Flow).

• Assist in budgeting, forecasting, and financial planning.

• Support external/internal audits by providing required documents and explanations.

5. Documentation & Compliance

• Ensure all accounting records and documentation are filed, organized, and stored properly.

• Prepare financial reports and statements required by management, banks, and regulatory authorities.

• Maintain compliance with relevant local laws and regulations.

• Ensure proper documentation for accruals, prepayments, fixed assets, and inventory.

6. Other Responsibilities

• Coordinate with auditors, tax advisors, banks, and suppliers as required.

• Assist in payroll processing and employee reimbursements.

• Identify process improvements and enhance financial efficiency.

• Perform any other duties related to accounts and finance as assigned.