Assistant Accountant

Job Title: Assistant Accountant
Department: Accounts
Reports To: Accounts Manager

Job Summary:

The Senior Accountant is responsible for overseeing daily accounting operations, ensuring accurate financial reporting, and maintaining compliance with relevant tax laws and financial regulations. The role involves managing accounts payable/receivable, general ledger, inventory accounting, and financial analysis tailored to the trading industry.

Key Responsibilities:

• General Accounting:
• Maintain the general ledger and ensure accurate month-end and year-end closings.
• Prepare journal entries, reconcile accounts, and ensure proper documentation.
• Financial Reporting:
• Prepare monthly, quarterly, and annual financial statements in compliance with IFRS/local GAAP.
• Support the preparation of budgets, forecasts, and financial reports for management.
• Accounts Payable & Receivable:
• Oversee the processing of vendor invoices, payments, and customer billing.
• Monitor aging reports and ensure timely collections and disbursements.
• Inventory & Cost Accounting:
• Reconcile inventory accounts and ensure accurate valuation.
• Monitor COGS, import costs, and landed costs related to trade operations.
• Compliance & Audit:
• Ensure compliance with tax regulations, VAT, customs duties, and other statutory requirements.
• Liaise with external auditors and support internal audits.
• Process Improvement:
• Identify opportunities for automation and process optimization in financial operations.
• Contribute to the development of internal controls and accounting policies.
• Team Support:
• Guide and mentor junior accountants and assist in team development.
• Collaborate with procurement, logistics, and sales teams to ensure financial accuracy.

Qualifications & Requirements:

• Bachelor’s degree in accounting, Finance, or related field (CPA, CMA, or equivalent is a plus).
• Minimum 1-3 years of experience in accounting, preferably in a trading or distribution environment.
• Strong understanding of accounting principles and financial reporting.
• Proficient in ERP/accounting systems (e.g., SAP, Oracle, QuickBooks, or similar).
• Advanced MS Excel skills.
• Excellent analytical, organizational, and communication skills.
• Ability to meet tight deadlines and handle multiple tasks.

Job Types: Full-time, Permanent

Experience:

• Accounting: 3 years (Required)

Language:

• Hindi (Required)

Location:

• Sharjah (Required)