General Accountant

Required accountant with Degree holder having 4 years of accounting experience in UAE.

Key Responsibilities:-

1. Financial Record Keeping

• Maintain accurate and up-to-date books of accounts.
• Prepare general ledger entries and ensure proper account classifications.
• Familiarize in accounting softwares

2. VAT Compliance

• Assist with external team for timely filing of VAT returns as per Federal Tax Authority (FTA) regulations.
• Maintain proper VAT documentation (tax invoices, records of input/output VAT, etc.).
• Monitor VAT treatment for domestic, GCC, and international transactions.

3. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements (P&L, balance sheet, cash flow).
• Assist in preparing management reports and forecasts

4. Budgeting & Forecasting

• Assist in the preparation of annual budgets and financial forecasts.
• Analyze variances and report on budget deviations.

5. Internal Controls & Auditing

• Implement and monitor internal financial controls.
• Prepare documentation for external auditors.
• Support internal audits and respond to audit queries.

6. Payroll & Employee Payments

• Handle payroll calculations, salary disbursements, and gratuity provisions.
• Ensure compliance with Wage Protection System (WPS) as mandated by the UAE Ministry of Human Resources and Emiratisation (MOHRE).

7. Banking & Reconciliations

• Manage bank transactions and reconciliations.
• Monitor cash flow and manage petty cash and fund disbursements.

8. Accounts Payable & Receivable

• Process supplier invoices and payments.
• Follow up on customer payments and manage aging reports.

9. Corporate Tax

• Understand and assist with UAE Corporate Tax compliance for businesses that meet the taxable income threshold
• Prepare or support filing of corporate tax returns.

1. Financial Record Keeping

• Maintain accurate and up-to-date books of accounts.
• Prepare general ledger entries and ensure proper account classifications.
• Use accounting software (like Tally, QuickBooks, Zoho Books, or ERP systems like SAP or Oracle).

2. VAT Compliance

• Ensure accurate calculation and timely filing of VAT returns as per Federal Tax Authority (FTA) regulations.
• Maintain proper VAT documentation (tax invoices, records of input/output VAT, etc.).
• Monitor VAT treatment for domestic, GCC, and international transactions.

3. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements (P&L, balance sheet, cash flow).
• Assist in preparing management reports and forecasts.
• Ensure compliance with International Financial Reporting Standards (IFRS) — required in the UAE.

4. Budgeting & Forecasting

• Assist in the preparation of annual budgets and financial forecasts.
• Analyze variances and report on budget deviations.

5. Internal Controls & Auditing

• Implement and monitor internal financial controls.
• Prepare documentation for external auditors.
• Support internal audits and respond to audit queries.

6. Payroll & Employee Payments

• Handle payroll calculations, salary disbursements, and gratuity provisions.
• Ensure compliance with Wage Protection System (WPS) as mandated by the UAE Ministry of Human Resources and Emiratisation (MOHRE).

7. Banking & Reconciliations

• Manage bank transactions and reconciliations.
• Monitor cash flow and manage petty cash and fund disbursements.

8. Accounts Payable & Receivable

• Process supplier invoices and payments.
• Follow up on customer payments and manage aging reports.

9. Corporate Tax (as of 2023)

• Understand and assist with UAE Corporate Tax compliance for businesses that meet the taxable income threshold (AED 375,000).
• Prepare or support filing of corporate tax returns.

Interested candidate can attend direct interview at our RAK M01 office, Al Nakheel, Ras Al Khaimah on 24-Oct-2025 & 25-Oct-2025

PH : 052 532 6251

Find location at

www.powerway.ae

Job Type: Full-time

Pay: Up to AED5,000.00 per month

Education:

• Bachelor's (Preferred)

Experience:

• accounting: 4 years (Required)