General Accountant

Accurate and Efficient Data Entry

• Ensuring all financial transactions are meticulously recorded in the accounting system.
• Maintaining updated and precise records of sales, purchases, expenses, and payments to support financial decision-making.
• Regularly review data entries to identify and correct errors, minimize discrepancies, and improve overall financial accuracy.

Management of Accounts Payable and Receivable

• Monitoring and managing vendor invoices ensures timely payments and maintains good supplier relationships.
• Generating and sending invoices to customers, following up on outstanding payments to optimize cash flow.
• Reconciling accounts to ensure all receivables and payables are accounted for accurately.

Overseeing and Maintaining Inventory Records

• Tracking stock levels to ensure accurate inventory valuation in the financial records.
• Coordinating with warehouse or store personnel to match the physical inventory with system records.
• Highlighting discrepancies, if any, and ensuring corrective actions are taken promptly.

Managing the General Ledger and Ensuring Proper Reconciliations

• Recording all journal entries, including adjustments, accruals, and provisions, to maintain accurate general ledger records.
• Conducting periodic reconciliations of sub-ledgers and main accounts to ensure all financial information is in harmony.
• Identifying discrepancies and resolving them proactively to maintain financial integrity.

Performing Bank Reconciliations Regularly

• Comparing company financial records with bank statements to ensure consistency and identify any variances.
• Investigating and resolving discrepancies such as unrecorded transactions, bank charges, or fraudulent activities.
• Maintaining up-to-date bank reconciliation statements for audit readiness.

Ensuring Compliance with UAE VAT Laws and Regulations

• Calculating and filing VAT returns in line with the Federal Tax Authority (FTA) requirements.
• Staying updated on changes to UAE VAT laws and implementing them in the company’s financial processes.
• Maintaining proper documentation to support VAT claims and input tax credits during audits.

Independently Handling Accounting and Financial Tasks

• Managing the full cycle of accounting functions, from transaction recording to finalizing accounts.
• Demonstrating the ability to resolve financial challenges independently with minimal supervision.
• Preparing for audits by maintaining proper records and ensuring compliance with local accounting standards.

Managing Payroll and Ensuring Accurate Disbursement of Salaries

• Calculating employee salaries, deductions, bonuses, and allowances accurately.
• Ensuring timely salary disbursement and compliance with UAE labor laws, including WPS (Wage Protection System).
• Handling payroll records securely and preparing reports for management or audit purposes.

Understanding of Import and Export Processes

• Recording transactions related to imports and exports, including customs duties, shipping charges, and insurance costs.
• Ensuring proper documentation for cross-border transactions in compliance with UAE and international trade regulations.
• Coordinating with logistics and supply chain teams to streamline financial processes.

Preparation of Financial Statements and Reports

• Compiling accurate financial statements, including profit and loss statements, balance sheets, and cash flow statements.
• Preparing detailed reports for management to aid in strategic decision-making and performance analysis.
• Ensuring compliance with International Financial Reporting Standards (IFRS) and other relevant guidelines.
   

  Qualifications:

  
  
• Semi-qualified ACCA with significant progress towards full qualification.
• Bachelor's degree in Accounting, Finance, or related field. Advanced degree or professional certifications preferred.
• Minimum of 3 years (of which at least 1 year is UAE experience) of relevant experience with inventory management in a trading environment.
• Strong technical knowledge of accounting principles, Tax laws, and regulatory frameworks.
• Proficiency in accounting software (Tally/ Zoho Books) and Microsoft Office Suite.
• Excellent communication and interpersonal skills.
• Ability to thrive in a fast-paced, high-pressure environment, managing multiple priorities effectively.
• Ability to work independently and meet deadlines