Accountant

Combuzz HR Solutions; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A financial services organization in Dubai is seeking an experienced finance professional to manage general ledger and financial reporting for multiple entities. The successful candidate will have at least 5 years of relevant experience, a Bachelor's Degree in Accounting, and familiarity with UAE tax laws. Responsibilities include maintaining accounts, cash management, and financial compliance. The role offers a competitive salary of AED 8,000 monthly and benefits including medical insurance and performance incentives.

Benefits

Annual Leave: PTO

UAE public holidays

Visa sponsorship support

Employee medical insurance

Performance incentives

Qualifications

• At least 5 years relevant work experience preferably in transactional accounting.
• Exposure in handling multiple entities/projects.
• Familiarity with accounting system software.

Responsibilities

• Maintain and update general ledger accounts for tax reporting and monthly closing.
• Prepare and post journal entries for accurate financial transactions.
• Reconcile accounts payable and receivable ledgers.
• Manage cash flow by processing invoices and expense reports.
• Assist in financial strategies, budgets, and forecasts for each entity.

Skills

Transactional accounting

Financial reporting

Cash management

UAE tax knowledge

UAE tax knowledge

Education

Bachelor's Degree in Accounting

Tools

Quickbooks

Job description

Role Overview

Role will cover 34 accounts/entities under the JCC Dubai organization. It offers diverse exposure across various lines of business presenting both a challenging and rewarding opportunity. This role is particularly impactful as it focuses on making a difference within a specific community.

Key Responsibilities

• General Ledger and Reconciliation:
• Maintain and update general ledger accounts for tax financial reporting and monthly closing activities.
• Prepare and post journal entries ensuring accurate and timely recording and reconciliation of financial transactions.
• Reconcile accounts payable and receivable ledgers to ensure accuracy and completeness.
• Review disbursements bank and credit card transactions and balance sheet reconciliations.
• Cash Management, Accounts Payable and Accounts Receivable: Manage cash flow by processing supplier invoices, employee expense reports and intercompany charges.
• Ensure timely vendor payments and manage payment schedules.
• Generate and send customer invoices and monitor and follow up on outstanding receivables.
• Monitor cash flow for each entity to ensure sufficient liquidity for working capital optimization.
• Financial Reporting and Compliance: Assist the Finance Manager in the development and implementation of financial strategies, budgets and forecasts for each entity; provide financial analysis and insights to senior management.
• Monitor each entity's financial performance and identify areas of concern and propose improvement opportunities.
• Identify and assess financial risks for each entity and implement appropriate risk mitigation strategies.
• Ensure accuracy and timely submission of financial statements, management reports and other financial disclosures for each entity.
• Ensure proper and complete substantiation of documents for all financial transactions including tax returns.
• Collaborate with internal stakeholders to drive financial efficiency and effectiveness across all entities.
• Ensure compliance with UAE financial regulations, accounting principles and tax laws for each entity.

Requirements and Experience

• Bachelor's Degree in Accounting.
• At least 5 years relevant work experience preferably in transactional accounting.
• Exposure in handling multiple entities / projects.
• Familiarity with accounting system software; Quickbooks preferred.
• Knowledge in UAE Taxes and compliance.

Salary and Benefits

AED 8,000 / monthly (AED 96,000 / annual)

Annual Leave: PTO.

UAE public holidays.

Visa sponsorship support.

Employee medical insurance provided.

Performance incentives and salary increments based on KPI attainment.