Accountant - Oil & Gas

One of our clients in Abu Dhabi is looking for Accountant - Oil & Gas. The Accountant is responsible for maintaining accurate financial records, managing day-to-day accounting operations, monitoring receivables and payables, supporting cash flow management, and ensuring compliance with applicable UAE tax regulations and company financial policies. A. General Accounting • Maintain accurate accounting records and ensure proper recording of all financial transactions. • Prepare and post journal entries, accruals, prepayments, and adjustments. • Maintain the general ledger, accounts payable, accounts receivable, and fixed asset registers. • Perform monthly bank reconciliations and reconcile supplier and customer accounts. • Assist in month-end and year-end closing activities. • Maintain organized financial records, invoices, receipts, and supporting documents. B. Accounts Payable and Receivable • Process supplier invoices, purchase invoices, credit notes, and payment vouchers. • Verify invoices against purchase orders, delivery notes, goods received notes, and approved contracts. • Monitor customer payments, outstanding invoices, and overdue receivables. • Prepare supplier payment schedules and coordinate payment approvals. • Reconcile customer and supplier statements and resolve discrepancies. • Follow up with relevant departments regarding pending invoices and payment documentation. C. Oil & Gas Trading and Project Accounting • Record and monitor transactions relating to oil and gas products, equipment, materials, and services. • Track purchase costs, sales revenue, freight, customs duties, transportation, and other related expenses. • Monitor job-wise, project-wise, or contract-wise costs and profitability. • Reconcile inventory records with physical stock reports and warehouse documentation, where applicable. • Track purchase orders, sales orders, delivery documentation, and supplier/customer contracts. • Assist in preparing cost sheets, quotations, and gross profit analysis for trading and service activities. • Monitor foreign currency transactions and record exchange differences where applicable. D. VAT and UAE Tax Compliance • Assist in preparing and filing UAE VAT returns in accordance with applicable regulations. • Verify tax invoices and ensure proper VAT treatment of purchases and sales. • Maintain supporting documents for VAT returns and tax audits. • Assist with corporate tax calculations, reconciliations, and compliance requirements. E. Financial Reporting and Cash Flow • Prepare monthly financial reports, including profit and loss statements, balance sheets, and cash flow summaries. • Monitor cash balances, bank transactions, and upcoming financial commitments. Qualification: • Bachelor's degree in Accounting, Finance, or a related field. • Professional qualifications such as ACCA, CMA, CPA, or equivalent are an advantage. • Minimum 3–5 years of relevant accounting experience; experience in oil and gas, trading, procurement, or industrial supply is preferred.

A. General Accounting: Maintain accurate accounting records and ensure proper recording of all financial transactions; Prepare and post journal entries, accruals, prepayments, and adjustments; Maintain the general ledger, accounts payable, accounts receivable, and fixed asset registers; Perform monthly bank reconciliations and reconcile supplier and customer accounts; Assist in month-end and year-end closing activities; Maintain organized financial records, invoices, receipts, and supporting documents. B. Accounts Payable and Receivable: Process supplier invoices, purchase invoices, credit notes, and payment vouchers; Verify invoices against purchase orders, delivery notes, goods received notes, and approved contracts; Monitor customer payments, outstanding invoices, and overdue receivables; Prepare supplier payment schedules and coordinate payment approvals; Reconcile customer and supplier statements and resolve discrepancies; Follow up with relevant departments regarding pending invoices and payment documentation. C. Oil & Gas Trading and Project Accounting: Record and monitor transactions relating to oil and gas products, equipment, materials, and services; Track purchase costs, sales revenue, freight, customs duties, transportation, and other related expenses; Monitor job-wise, project-wise, or contract-wise costs and profitability; Reconcile inventory records with physical stock reports and warehouse documentation, where applicable; Track purchase orders, sales orders, delivery documentation, and supplier/customer contracts; Assist in preparing cost sheets, quotations, and gross profit analysis for trading and service activities; Monitor foreign currency transactions and record exchange differences where applicable. D. VAT and UAE Tax Compliance: Assist in preparing and filing UAE VAT returns in accordance with applicable regulations; Verify tax invoices and ensure proper VAT treatment of purchases and sales; Maintain supporting documents for VAT returns and tax audits; Assist with corporate tax calculations, reconciliations, and compliance requirements. E. Financial Reporting and Cash Flow: Prepare monthly financial reports, including profit and loss statements, balance sheets, and cash flow summaries; Monitor cash balances, bank transactions, and upcoming financial commitments.