Accounting Associate - Shared Services Centre

IFZA; Dubai; On-site; AED 60,000 - 80,000; Full time

Job summary

A Financial Services Company in Dubai is seeking an Accounting Assistant to support day-to-day transactions and bookkeeping for clients. The successful candidate will process transactions, reconcile accounts, and assist in financial reporting within a dynamic environment. This role offers a firm foundation for professional development and involvement in a diverse international team, with numerous benefits including annual leave, insurance plans, and opportunities for growth.

Benefits

24 annual leave days

Annual flight home

Life insurance plan

Medical insurance plan

Qualifications

• Minimum 1-2 years’ experience in accounting.
• Innovative in approach to problem solving.
• Ability to meet key deadlines.

Responsibilities

• Process transactions and ensure timely and accurate recording.
• Reconcile invoices and statements of accounts.
• Post accounting journal transactions.

Skills

Fluency in English

Strong analytical skills

Detail-oriented and organized

Understanding of VAT in UAE

Education

Degree in Accounting or Finance

Part or fully qualified professional accounting qualification

Tools

Microsoft Office (Excel, PowerPoint)

ERP systems (e.g., ZOHO)

Job description

The Shared Service Center is responsible for handling day-to-day transactions, accounts receivable, accounts payable, payroll management, management of financial reports and many other services for IFZA customers. As an Accounting Assistant for the Shared Service Centre (SSC), the successful candidate will be responsible for supporting the day-to-day bookkeeping and accounting of IFZA customers, coordinating with a team of professionals, whilst complying with the organization’s policies and procedures and ensuring the necessary checks and balances are performed, in order to deliver an effective and efficient end to end service for customers. This is a growing business in a dynamic industry, which will provide an excellent platform for the right candidate to develop their professional skills and be part of an exciting environment with potential for future career progression. The organization takes pride in its first-class company culture.

Main responsibilities

• Process transactions according to stated procedures and ensure that all transactions are recorded in a timely and accurate manner.
• Reconciling invoices, statement of accounts, and investigating discrepancies.
• Post accounting journal transactions in line with double entry bookkeeping.
• Creating and recording of aging reports.
• Manage relationships and provide daily partnering support to customers on their financial packages.
• Implement procedure documentation in line with the internal controls and promote operational efficiency.
• Ensure all policies are complied with fully in accordance with the company.
• Act as a competent contact person for various inquiries relating to your area of responsibility.
• Proactively identify service delivery issues and take appropriate action.
• Support on standardization and continuous improvement initiatives within the SSC.
• Ensure continuity of daily tasks.
• Oversee the final preparation of financial statements for the customers on a monthly basis.
• Give regular updates to the team lead on progress.
• Assist in and/or carry out ad hoc tasks to support the business vision fully.

Requirements

• Degree in Accounting or Finance.
• Part or fully qualified professional accounting qualification (from a recognized accounting body) preferred.
• Minimum 1-2 years’ accounting experience.
• Fluency in English. Additional spoken languages are a plus.
• Highly competent in the fundamentals of accounting (IFRS knowledge is preferred).
• Strong analytical skills as well as process oriented.
• Understanding of VAT in UAE.
• Prior working knowledge in ERP systems (ex: ZOHO) is beneficial.
• Proficient in the use of Microsoft Office tools such as Excel, Power Point etc.
• Detail-oriented and organized.
• Ability to meet key deadlines.
• Good understanding of the ME business model and KPI’s.
• Innovative in approach to problem solving.
• Ability to operate effectively under demanding timelines.

Benefits

• International team (over 60 nationalities)
• 24 annual leave days
• Annual flight home
• Life insurance plan
• Medical insurance plan (with the option to upgrade at your own cost)
• Invitations to participate in various company functions, staff events, and department team building events
• Opportunities to learn, develop and grow with the organization
• Being part of a motivated team and Moving-Forward-Company-Culture