Accountant

PROMPTON TRADING; Dubai; On-site; AED 120,000 - 150,000; Full time

Job summary

A leading trading company in Dubai is seeking an experienced Accountant to manage day-to-day accounting operations while ensuring compliance with UAE VAT and Corporate Tax regulations. The ideal candidate will have over 3 years of experience in accounting roles within the UAE, strong knowledge of financial reporting and reconciliation processes, as well as the ability to prepare VAT returns. Proficiency with accounting software such as Zoho Books and strong Excel skills are essential for this position.

Qualifications

• 3+ years of experience in accounting roles within UAE.
• Strong understanding of UAE VAT law and Corporate Tax law.
• Knowledge of IFRS accounting standards.

Responsibilities

• Maintain accurate bookkeeping and accounting records.
• Prepare monthly, quarterly, and annual financial statements.
• Prepare and file VAT returns on time.
• Perform daily, weekly, and monthly bank reconciliations.

Skills

UAE VAT regulations knowledge

Corporate Tax requirements knowledge

Financial reporting skills

Attention to detail

Communication skills

Excel skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Zoho Books

Tally

QuickBooks

SAP

Oracle

Job description

Overview

We are seeking a detail-oriented and experienced Accountant with strong knowledge of UAE VAT regulations, Corporate Tax requirements, financial reporting, and account reconciliation. The ideal candidate will manage the company’s day-to-day accounting operations while ensuring complete compliance with Federal Tax Authority (FTA) standards and UAE financial laws.

Key Responsibilities

1. Accounting & Financial Reporting
   • Maintain accurate bookkeeping and accounting records (AP/AR, general ledger, journals).
   • Prepare monthly, quarterly, and annual financial statements.
   • Process invoices, payments, expense claims, and petty cash.
   • Monitor cashflow and bank balances.
2. UAE VAT Management
   • Prepare and file VAT returns on time as per UAE FTA guidelines.
   • Review input/output VAT for accuracy.
   • Monitor zero-rated, exempt, and standard-rated transactions.
   • Prepare voluntary disclosures when needed and maintain VAT audit files.
   • Ensure VAT compliance across all operations, contracts, and invoices.
3. UAE Corporate Tax (CT) Compliance
   • Assist in corporate tax registration and preparation of annual CT returns.
   • Ensure compliance with the UAE CT law, including deductible expenses, adjustments, and taxable income calculation.
   • Maintain required corporate tax documentation (transfer pricing files, supporting schedules, financial statements).
   • Coordinate with auditors and tax advisors for CT assessments.
4. Reconciliation
   • Perform daily, weekly, and monthly bank reconciliations.
   • Reconcile supplier statements, customer ledgers, and inter-company accounts.
   • Investigate discrepancies and ensure accurate closing of accounts.
   • Reconcile inventory, shipments, and stock records (if applicable).
5. Audit Support
   • Prepare audit schedules and documentation for external auditors.
   • Ensure compliance with IFRS and UAE tax regulations.
   • Implement internal controls to safeguard financial data.
6. General Compliance & Admin
   • Ensure compliance with FTA, Ministry of Economy, and other UAE authorities.
   • Maintain proper filing of financial documents and records.
   • Support management with financial analysis, budgeting, and cost control.

Qualifications & Skills

Education & Experience

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 3+ years UAE experience in accounting roles.
• Strong understanding of UAE VAT law, Corporate Tax law, and FTA regulations.
• Knowledge of IFRS accounting standards.

Technical Skills

• Experience with accounting software (Zoho Books, Tally, QuickBooks, SAP, or Oracle).
• Strong Excel skills (Pivot Tables, VLOOKUP, data analysis).
• Ability to prepare VAT returns, corporate tax calculations, and reconciliations independently.

Soft Skills

• Strong attention to detail and accuracy.
• Excellent communication skills.
• Ability to work under pressure and meet strict deadlines.
• High sense of confidentiality, responsibility, and integrity.