Accountant

Awqaf and Minors Affairs Foundation; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A government organization in Dubai is seeking a finance professional to manage disbursement and payment procedures. Key responsibilities include executing financial transactions, preparing monthly bank reconciliation reports, and handling creditors' statements. Candidates must have a Bachelor's degree in Accounting and demonstrate proficiency in executing financial processes. This role offers the chance to work within Dubai's government sector and be involved in essential financial operations.

Qualifications

• Ability to execute disbursement procedures and payment procedures.
• Experience in uploading bank statements and recording journal entries.
• Skills in recording monthly depreciation rates and asset life.

Responsibilities

• Execute financial disbursement and payment procedures.
• Upload bank statements to the financial system.
• Prepare monthly bank reconciliation reports.
• Manage creditors’ statements and financial reconciliations.
• Prepare and record customer invoices daily.

Education

Bachelor’s degree in Accounting

Job description

• Execute disbursement procedures in coordination with the relevant organizational units.
• Execute payment procedures for employees and related entities, and process bank transfers according to the type of transaction.
• Upload bank account statements daily to the organization’s financial system.
• Record daily journal entries related to bank reconciliations and ensure completion before printing the monthly bank reconciliation report.
• Carry out procedures for recording and calculating monthly depreciation rates and the useful life of assets, and perform disposal or addition of assets whose useful life has ended or that are damaged, in the financial records.
• Carry out procedures for recording and calculating monthly depreciation rates and the useful life of assets, and perform disposal or addition of assets whose useful life has ended or that are damaged, in the financial records.
• Execute procedures for the organization’s outgoing and incoming financial transactions with other departments, institutions, and entities within the Government of Dubai.
• Prepare creditors’ statements and provide them regularly to follow up on payments, along with periodic creditors’ account statements.
• Execute financial reconciliation procedures and record the necessary journal entries.
• Prepare customer invoices, copy and deliver them to the collector to initiate the collection process, record revenues in the appropriate accounts, and enter their data into the approved electronic system on a daily basis.
• Receive and safeguard bank guarantees, record bank journal vouchers, and carry out monthly reconciliation procedures for the organization’s bank accounts.
• Prepare daily and monthly reports and submit them to the direct supervisor.

Bachelor’s degree in Accounting