Accountant in Dubai (Mid Level)

Urgent Hiring - Accountant (Mid Level) Location: Dubai, U.A.E.

Job responsibilities:

Banking and Cash Management:

• Perform bank reconciliations for local and foreign accounts, ensuring accuracy and timely resolution of discrepancies.
• Manage cash flow by monitoring cash balances, forecasting cash needs, and optimizing cash management strategies.
• Facilitate bank transfers to suppliers, manage logistics charges, and handle foreign currencies, ensuring accurate and efficient payment processing.

Financial Record-Keeping and Reporting:

• Handle data entry tasks, including recording financial transactions, invoices, and expenses.
• Maintain document management systems to organize and securely store financial records, invoices, and supporting documentation.
• Prepare and present financial statements, including income statements, balance sheets, and cash flow statements, adhering to relevant accounting standards.
• Perform bookkeeping tasks, including general ledger maintenance, journal entries, and reconciliations.

Accounts Payable and Receivable:

• Conduct payable analysis to monitor outstanding balances, track payment schedules, and ensure timely payments to vendors.
• Manage data entries for the Singapore branch, ensuring accurate and timely recording of financial transactions.
• Supervise all financial transactions, ensuring adherence to internal controls, policies, and procedures.

Trade Finance and Compliance:

• Manage trade finance-related tasks, including letters of credit, bank guarantees, and export/import documentation.
• Handle KYC processes and ensure compliance with relevant regulations and internal policies.

Taxation and Audit:

• Maintain tax-related records and file monthly excise returns, as well as handle quarterly VAT filings.
• Coordinate and assist with financial audits, providing necessary support and documentation to auditors.

Financial Analysis and Planning:

• Check and provide profit and loss (P&L) analysis on each shipment during initial and completion stages, assessing financial performance and identifying areas for improvement.
• Assist in the preparation of annual budgets and forecasts, working closely with department heads to gather information and ensure accuracy.
• Implement cost control measures and identify areas for cost reduction or efficiency improvement.
• Monitor expenses and review procurement processes to optimize spending.

Support and Training:

• Assist in fund management activities, including monitoring investment portfolios and optimizing returns.
• Provide guidance and training to finance and accounting staff on financial processes, systems, and best practices.

Requirements:

• Minimum 4 to 5 years of U.A.E. experience.
• Relevant qualification in accounting.
• Preferred candidates who can join immediately or have a minimal notice period.
• Must be available in U.A.E. (Dubai).

Salary: Dependent on the last salary.