Accountant – Accounts Receivable

Job Description

Accountant – Accounts Receivable

The purpose of the role is to act as a business partner in managing financial records and ensuring compliance with relevant regulations, while delivering precise financial reporting that supports informed decision-making and operational efficiency across Emarat.

Key Responsibilities:

• Prepare and present accurate financial statements, including balance sheets and income statements, ensuring compliance with IFRS and local regulations.
• Maintain and reconcile general ledger accounts, ensuring all transactions are accurately recorded and discrepancies are promptly addressed.
• Process and verify a high volume of vendor invoices through a three-way match (invoice, purchase order, and receiving report), and manage payment schedules to ensure timely vendor payments.
• Assist in the preparation of annual budgets and financial forecasts, analyzing variances and providing actionable insights for management decision-making.
• Ensure compliance with local tax regulations by preparing and filing tax returns accurately and on time, while maintaining proper documentation.
• Assist in internal and external audits by providing necessary documentation and explanations, ensuring adherence to financial policies and procedures.
• Conduct financial analysis to identify trends, variances, and opportunities for cost savings, delivering actionable recommendations to management.
• Monitor cash flow and prepare cash flow forecasts to ensure sufficient liquidity for operational needs and strategic initiatives.
• Review and approve employee expense reports, ensuring compliance with company policies and accurate recording in the financial system.
• Contribute to the development and implementation of financial policies and procedures to enhance operational efficiency and compliance.
• Provide training and support to junior accounting staff, fostering a collaborative and knowledgeable team environment.
• Serve as the primary point of contact for vendor inquiries regarding payment status and discrepancies, ensuring a smooth communication process.
• Identify opportunities to streamline accounts payable processes and improve operational efficiency while ensuring all transactions adhere to internal controls and relevant regulations, including UAE VAT laws.
• Collaborate with various departments to provide financial insights and support for operational decision-making, ensuring alignment with organizational goals.

Education & Experience:

This role is reserved for UAE Nationals only.

Required: Bachelor’s degree in Accounting, Finance, or a related field.

Required: 3-5 years of experience. 

 Preferred: Experience and knowledge of accounting principles and regulations specific to the UAE and the petroleum industry.