Accountant

Job Description

To support the Finance Department by maintaining accurate financial records, processing accounting transactions, assisting in month-end closing activities, and ensuring compliance with company policies, accounting standards, and statutory requirements. The Accountant will play a key role in managing daily accounting functions and supporting financial reporting processes.

Key Responsibilities:

Financial Accounting & Bookkeeping

• Record and maintain day-to-day financial transactions in the ERP system.
• Prepare journal entries and ensure accurate posting to general ledger accounts.
• Reconcile bank statements, supplier accounts, customer accounts, and intercompany balances.
• Monitor and maintain fixed asset records and depreciation schedules.
• Ensure proper accounting and documentation of all financial transactions.

Accounts Payable

• Verify supplier invoices against purchase orders and supporting documents.
• Process vendor payments in accordance with approved procedures.
• Maintain supplier records and reconcile vendor statements.
• Resolve payment-related discrepancies with vendors and internal departments.

Accounts Receivable

• Generate customer invoices and monitor receivable balances.
• Follow up on outstanding payments and support collection activities.
• Reconcile customer accounts and investigate discrepancies.

Payroll & Employee Claims Support

• Assist with payroll-related accounting entries and reconciliations.
• Verify employee reimbursement claims and supporting documentation.
• Ensure timely processing of approved expense claims.

Financial Reporting

• Assist in preparing monthly, quarterly, and annual financial reports.
• Support month-end and year-end closing procedures.
• Prepare schedules and supporting documentation for audits.
• Generate routine management reports as required.

Compliance & Internal Controls

• Ensure compliance with company financial policies and procedures.
• Maintain accurate documentation and filing of accounting records.
• Support internal and external audit activities.
• Assist in implementing and monitoring internal control measures.

Budgeting & Analysis Support

• Assist in budget preparation and monitoring expenditures against budgets.
• Support variance analysis and management reporting.
• Provide financial data and analysis as requested by management.

Qualifications:

• Bachelor’s Degree in Accounting, Finance, or related field.
• Professional certification (ACCA, CMA, CPA, CA Inter, or equivalent) is preferred.
• 3 to 5 years of accounting experience, preferably within the UAE.
• Experience working with ERP systems (SAP, Oracle, Microsoft Dynamics, or similar).
• Knowledge of IFRS and UAE VAT regulations.

Required Skills & Competencies

Technical Skills

• Strong knowledge of accounting principles and financial reporting.
• Proficiency in Microsoft Excel and accounting software.
• Experience in account reconciliation and financial analysis.
• Understanding of VAT compliance and documentation requirements.

Behavioral Competencies

• High attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Good organizational and time management abilities.
• Ability to maintain confidentiality of financial information.
• Effective communication and teamwork skills.

Key Performance Indicators (KPIs)

• Accuracy of accounting entries and reconciliations.
• Timely completion of month-end closing activities.
• Accounts receivable collection performance.
• Timely processing of supplier payments.
• Audit observations and compliance findings.
• Accuracy and timeliness of management reports.
• Compliance with company policies and financial controls.

Working Relationships

Internal

• Finance Team
• Procurement Department
• HR & Administration
• Sales & Operations Teams
• Project Teams

External

• Customers
• Suppliers and Service Providers
• Banks
• Auditors
• Government Authorities as required