Job Description – Accountant
Company: Stamina11
Industry: Gymnastics / Fitness / Sports
Location: Dubai Studio City, Dubai, UAE
Employment Type: Full-time, on-site
Reports to: General Manager / Finance Manager
Company Description
Stamina11 is a professional gymnastics club based in Dubai Studio City, offering classes for all levels, from toddlers to adults. Its state-of-the-art facility features spring-loaded floors, balance beams, bars, rings, and foam pits, supporting artistic gymnastics and complementary activities including yoga, pilates, tumbling, and martial arts.
The club combines fun and fitness with exceptional coaching in a child-friendly, professional environment. Stamina11 helps gymnasts of all ages reach their full potential while fostering a family-oriented community where gymnasts and parents are integral to the club.
Job Summary
Stamina11 is seeking a detail-oriented and organized Accountant to manage day-to-day accounting and financial administration. The role includes bookkeeping, accounts payable and receivable, reconciliations, financial reporting, payment processing, payroll support, inventory reconciliation, and support for UAE VAT and Corporate Tax compliance.
The ideal candidate will have at least three years of accounting experience, preferably in the UAE, and the ability to work independently while collaborating with management and operational teams. The Accountant will provide accurate financial information, maintain effective financial controls, and support the club's operational decisions and long-term sustainability.
Key Responsibilities
1. Daily Accounting and Bookkeeping
- Record and post financial transactions, supplier invoices, and bills accurately and promptly.
- Maintain the general ledger and ensure accounting entries are complete and supported by appropriate documentation.
- Manage accounts payable and receivable, monitor supplier balances, and follow up on outstanding customer payments.
- Organize and maintain accurate financial records and accounting documentation.
2. Reconciliations and Payment Processing
- Reconcile bank accounts regularly and investigate discrepancies.
- Reconcile petty cash balances and company credit card transactions weekly.
- Prepare supplier payments in line with approved payment schedules and internal procedures.
- Calculate freelancer and instructor payments using approved rates, session details, and attendance records.
- Prepare and verify payroll data and supporting schedules.
3. Financial Reporting, Budgeting, and Cash Flow
- Prepare monthly accounting reports, financial statements, and supporting schedules for management review.
- Support month-end and year-end closing activities.
- Monitor cash flow and upcoming payment obligations.
- Assist with budgeting, forecasting, and monitoring actual performance against budgets.
- Provide financial analysis and insights to support management decisions.
4. Inventory Management
- Perform monthly inventory checks and reconcile physical quantities with recorded balances.
- Investigate discrepancies and coordinate with operational teams to maintain accurate inventory records.
5. UAE Tax and Regulatory Compliance
- Assist with the preparation and review of UAE VAT returns and supporting documentation.
- Maintain accurate VAT records and check invoices for compliance with applicable UAE VAT requirements.
- Support Corporate Tax compliance by maintaining relevant accounting records and documentation.
- Coordinate with management, external accountants, tax consultants, and auditors on filings, audits, and regulatory requirements.
- Stay informed of relevant changes to UAE accounting and tax requirements.
- Assist with financial documentation and administrative processes related to regulatory and legal compliance.
6. Financial Controls and Administrative Support
- Support the implementation and maintenance of effective financial controls and internal procedures.
- Assist the General Manager with accounting, finance, and related administrative tasks.
- Prepare financial schedules, reports, and supporting documentation as required.
- Coordinate with suppliers, freelancers, instructors, external advisors, and operational teams to resolve financial queries.
- Maintain confidentiality and ensure financial information is accurate, organized, and accessible to authorized personnel.
Qualifications and Requirements
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of three years of accounting experience, preferably in the UAE.
- Strong knowledge of general ledger accounting, accounts payable and receivable, bank reconciliation, payment processing, and financial reporting.
- Working knowledge of UAE VAT and Corporate Tax requirements.
- Proficiency in accounting software such as QuickBooks, Zoho Books, Xero, or similar bookkeeping or ERP systems.
- Good working knowledge of Microsoft Excel, spreadsheets, and basic financial data analysis.
- Understanding of budgeting, forecasting, and cash flow management.
- Strong analytical, organizational, and time management skills, with close attention to detail and accuracy.
- Ability to manage multiple responsibilities, meet deadlines, and work independently.
- Good communication skills in English and the ability to collaborate effectively with management and operational teams.
Preferred Qualifications
- Professional accounting qualifications such as ACCA, CPA, or CMA.
- Previous experience in gymnastics, sports, fitness, or other service-based businesses.
- Experience supporting payroll, freelancer or instructor payments, and inventory reconciliation.
- Familiarity with a busy, on-site operational environment.