Finance Executive

House of Shipping; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the shipping and logistics sector is seeking a Finance Executive in Dubai. The role involves managing financial accounts, ensuring compliance with VAT regulations, and improving accounting processes. Ideal candidates will have a background in accounting with ERP system knowledge and experience in the shipping industry.

Qualifications

• Minimum 2+ years of experience in accounting or bookkeeping, preferably in Shipping/NVOCC.
• Excellent working knowledge of ERP systems.
• Up-to-date knowledge of IFRS and UAE VAT/TAX regulations.

Responsibilities

• Handle revenue and cost booking in LRP.
• Finalize monthly SOA with agents and reconcile accounts.
• Prepare tax transaction reports for quarterly filings.

Skills

ERP systems

Advanced Excel

Financial analysis

Education

Bachelor's degree in Accounting, Finance, or a related business field

Job description

Role - Finance Executive

Job Location: Dubai

Who we are

House of Shipping provides business consultancy and advisory services for Shipping & Logistics companies. House of Shipping's commitment to their customers begins with developing an understanding of their business fundamentals.

Currently House of Shipping is recruiting for Finance Executive on behalf of a client in Dubai.

Main tasks and responsibilities

• Handle with 3P agents’ revenue and cost booking in LRP.
• Finalise monthly SOA with agents and reconcile accounts receivable for agents and customers.
• Send fortnightly SOA (Statement of Accounts) to agents and follow up for collections.
• Spot accounting errors and suggest ways to improve process efficiency and cost management.
• Prepare and review slot cost provisions to ensure an accurate impact on voyage costing.
• Prepare tax transaction reports to support quarterly tax return filing.
• Prepare and submit VAT/TAX refunds to the FTA.
• Assist with both internal and external tax audits to ensure compliance.
• Support the month-end and year-end closing process.
• Analyze financial information and summarize the financial status.
• Recommend improvements to accounting systems and procedures.

Required Background and Academic Credentials

• Minimum 2 + years of experience in accounting or bookkeeping, preferably within a Shipping/NVOCC environment.
• Excellent working knowledge of ERP systems and its relevance to the shipping/NVOCC business.
• General understanding of container movement, trade lanes, port operations, and pricing.
• Up-to-date knowledge of IFRS and UAE VAT/TAX regulations.
• Bachelor's degree in Accounting, Finance, or a related business field
• Hands on Knowledge of ERP systems and Advanced Excel