Purpose of the Role
The Accountant will play a key role in managing the financial operations for Trapeze’s Middle East & India business. This role ensures accurate accounting, expense management, accounts receivable, accounts payable and compliance with local financial and tax regulations. The person would provide financial support to the operations team as well and contribute to process improvements.
Key Duties and Responsibilities
Working under the general direction with minimal guidance from the Financial Manager, the Accountant will undertake the following high-level responsibilities in a consultative and professional manner:
- Accounting for purchase orders, supplier invoices, employee expenses and ensure timely payments.
- Handle customer invoicing process based on milestones and terms of the contract in close association with project manager.
- Monitor accounts receivable and follow-up to ensure timely collections.
- Maintain contract records, track amendments, and ensure financial compliance with client requirements.
- Entering journals – prepayments, accruals based on accurate calculations.
- Prepare monthly payroll files for Dubai and Saudi.
- Prepare monthly balance sheet reconciliations, including foreign currency adjustments, across multiple entities.
- Support month-end closing activities, month-end reporting to internal management and external partners.
- Prepare and file quarterly VAT returns for Dubai legal entity. Compliance of VAT and WHT working files for Saudi legal entity.
- Assist in statutory audit for Dubai, Saudi and India legal entities.
- Assist in India statutory compliances – GST, TDS etc. in case of assessments.
- Prepare monthly bank reconciliations and cash flow forecasts across multiple currencies and countries.
- Proactively identify opportunities to improve financial reporting and financial processes
- Maintain and ensure compliance with internal financial policies and procedures.
- Undertake any other adhoc reasonable tasks consistent with training and skill levels required for this position as requested.
Education and Experience
- Bachelor’s degree in Finance/ Accounting/ Commerce or equivalent
- Minimum 5+ years of professional accounting experience in a commercial environment.
- Strong knowledge of accounting systems and advanced Excel skills.
- Work experience in Oracle/Blackline/ERP systems would be a plus
- Experience with foreign currency transactions and multi-country operations is preferred.
- Exposure to project-based accounting or service delivery environments is highly advantageous.
- Familiarity with tax regulations in the UAE and Saudi Arabia essential.
Travel
- The position may involve occasional domestic travel within the GCC and overseas.
- All air travel is economy class.