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Accountant – Used Car Trading (Dubai, UAE)
Purity Used Cars L.L.Cis a growing used car trading company in Dubai. We are looking for an experienced Accountant to manage our full accounting cycle, VAT compliance under the Profit Margin Scheme, and bank financing matters.
Key Responsibilities
- Maintain full-cycle bookkeeping and accounting in line with IFRS and generally accepted accounting principles
- Apply the VAT Profit Margin Scheme (Article 29 of the UAE VAT Law) to used vehicle sales, including correct margin calculation, record-keeping and documentation for each vehicle
- Prepare and file VAT returns via the FTA EmaraTax portal and ensure full compliance with FTA requirements
- Manage UAE Corporate Tax compliance, including registration, tax computations and annual filings
- Track vehicle inventory costing, including purchase price, reconditioning costs and margin per unit
- Prepare and submit bank loan and credit facility applications, including stock/inventory financing, with the supporting financial statements, cash flow forecasts and documentation
- Liaise with banks on facility renewals, covenant compliance and customer auto finance processes
- Prepare monthly, quarterly and annual financial statements and management reports
- Handle accounts payable and receivable, bank reconciliations and petty cash
- Coordinate with external auditors and tax consultants
Requirements
- Bachelor's degree in Accounting, Finance or a related field
- Minimum 3 years of accounting experience, preferably in the UAE
- Hands-on experience with the UAE VAT Profit Margin Scheme; automotive or used goods trading experience is a strong advantage
- Solid knowledge of UAE VAT and Corporate Tax legislation and their practical application
- Proven experience preparing bank loan and credit facility applications
- Strong understanding of accounting principles and financial reporting
- Proficiency in accounting software ([Zoho Books / Tally / QuickBooks]) and MS Excel
- ACCA, CMA or CPA qualification is a plus
- Excellent attention to detail and good communication skills in English; Arabic is an advantage
What We Offer
- Salary: AED 4000-12000
- UAE employment visa and medical insurance
- Annual leave and air ticket as per UAE Labour Law
- Stable position in a growing company with direct access to management
Location:
New Auto Market, Dubai
Working hours:
6 days/week, 10:00–20:00
Skills
Requirements
- Bachelor's degree in Accounting, Finance or a related field
- Minimum 3 years of accounting experience, preferably in the UAE
- Hands-on experience with the UAE VAT Profit Margin Scheme; automotive or used goods trading experience is a strong advantage
- Solid knowledge of UAE VAT and Corporate Tax legislation and their practical application
- Proven experience preparing bank loan and credit facility applications
- Strong understanding of accounting principles and financial reporting
- Proficiency in accounting software ([Zoho Books / Tally / QuickBooks]) and MS Excel
- ACCA, CMA or CPA qualification is a plus
- Excellent attention to detail and good communication skills in English; Arabic is an advantage