About invygo
invygo was founded in 2018 in Dubai with the purpose of redefining mobility in the Middle East and North Africa (MENA). Fuelled by a passion for innovation, technology and mobility, our mission is to empower people to move on their own terms, minimising the frustrations caused by traditional car ownership models. We make car access seamless and flexible for everyone.. We believe invygo is the smartest way to move, and to keep living up to our ideal, we rely on our people to share these goals and ambitions. Headquartered in Dubai, with offices in Riyadh and Cairo, our team consists of passionate, dedicated, bold innovators that are relentless in enabling the company to deliver a trusted and personalised experience that transforms how people move in MENA. With successful expansions into UAE, Saudi Arabia and Qatar, our footprint is rapidly growing as we continue to innovate and transform the automotive landscape across the region.
At invygo, we’re not just offering a service; we’re crafting a new era of mobility in MENA. We are always seeking passionate, dedicated and innovative thinkers to join us in making our future vision a reality. If you are that person, join us in moving the MENA mobility landscape forward and continuing to insure that invygo is, and remains, the smartest way to move.
About the role
The Accountant is responsible for managing the monthly closing process for multiple locations, performing revenue reconciliation, and collaborating with the collections department and other stakeholders. The role also includes managing prepayments, accruals, and other financial schedules, as well as ensuring compliance with VAT regulations.
Key Responsibilities:
Monthly Closing Process:
Owns the monthly financial closing process for multiple locations.
Ensure all financial transactions are accurately recorded and reported.
Prepare and review journal entries, account reconciliations, and financial statements.
Revenue Reconciliation:
Perform detailed revenue reconciliations to ensure accuracy and completeness.
Identify and resolve discrepancies between reported revenues and actual figures.
Work closely with the sales and operations teams to validate revenue data.
Collaboration with Collections Department:
Coordinate with the collections department to track and reconcile receivables.
Assist in the analysis and reporting of aged receivables.
Ensure timely and accurate application of cash receipts.
Prepayments and Accruals:
Manage and reconcile prepayment accounts.
Calculate and record monthly accruals.
Prepare supporting schedules and documentation for prepayments and accruals.
Financial Schedules and Reporting:
Prepare various financial schedules, including fixed assets, depreciation, and amortization schedules.
Ensure all schedules are updated and reconciled monthly.
Assist in the preparation of financial reports for management and external stakeholders.
VAT Compliance:
Ensure compliance with VAT regulations for all transactions.
Prepare and submit VAT returns accurately and on time.
Maintain up-to-date knowledge of VAT laws and regulations.
Internal Controls and Process Improvement:
Maintain and improve internal controls related to financial reporting.
Identify areas for process improvement and implement best practices.
Participate in audits and provide necessary documentation and support.