Accountant

Industry: Trading

A strong understanding of UAE accounting standards, tax regulations, and the ability to manage multiple accounting processes independently are essential.

Job Responsibilities:

• Manage day-to-day accounting operations.
• Handle banking tasks including letters of guarantee (LGs) and letters of credit (LCs).
• Monitor and reconcile bank transactions.
• Prepare monthly financial reports such as the income statement, balance sheet, and cash flow statement.
• Maintain and control the post-dated cheque (PDC) schedule.
• Prepare annual budgets and perform variance analysis.
• Address client queries related to overdue payments.
• Process payroll, WPS files, employee benefits, and end-of-service benefits (EOSB).
• Monitor and reconcile inventory accounts with the general ledger.
• Manage accounts receivable: invoicing, collections, and customer account reconciliation.
• Manage accounts payable: invoice processing and payments to suppliers/subcontractors.
• Coordinate with procurement and suppliers to support bids, pricing, and tenders.
• Review monthly trial balances to ensure correct accounting allocations.
• Manage company cash flow effectively.
• Prepare and submit VAT and corporate tax returns in compliance with UAE regulations.
• Stay updated with tax laws, accounting standards, and regulatory requirements.
• Coordinate with external auditors during interim and year-end audits.
• Review and process petty cash expenses and pass accounting entries.