General Accountant

ADEAREST; Abu Dhabi Emirate; On-site; AED 167,400 - 223,200; Full time

Job summary

A prominent company in the UAE is seeking a General Accountant to support its Finance Department. The ideal candidate will manage the general ledger, reconciliations, and financial reporting while adhering to IFRS standards. Key responsibilities include processing accounts payable and receivable, assisting in preparing financial statements and VAT returns, and collaborating with internal teams for financial accuracy. A degree in Commerce and 5-6 years of relevant experience is required, preferably in the manufacturing or contracting sectors.

Qualifications

• Minimum of 5-6 years experience in general accounting, preferably in manufacturing and/or contracting industries.
• Solid understanding of IFRS standards.
• Ability to maintain confidentiality and uphold professional conduct.

Responsibilities

• Perform daily accounting activities to maintain the company's ledger.
• Complete and review all major account reconciliations.
• Verify and process supplier and customer invoices promptly.
• Assist in the preparation of financial statements and VAT returns.
• Collaborate with internal departments for accurate financial reporting.

Skills

General Ledger Management

Reconciliation Skills

Accounts Payable Management

Accounts Receivable Management

Financial Reporting Skills

Analytical Skills

Education

Degree in Commerce or Business Administration

CMA / ACCA / CFA / CPA / Inter CA

Job description

Job Objectives:

The General Accountant will support the Finance Department by performing a variety of accounting functions, including Accounts Payable, Accounts Receivable, Cash and Bank Management, and Reporting. The role requires a solid understanding of IFRS standards, careful review of general ledger transactions, and adherence to sound accounting practices across all financial processes.

Responsibilities and Duties

• General Ledger Management and Accounting Operations
  • Perform daily accounting activities to maintain the company\'s ledger, ensuring accurate posting of transactions.
  • Support the preparation of monthly management accounts through timely and correct postings.
  • Investigate and resolve any accounting discrepancies or irregularities.
  • Follow internal control procedures and contribute to continuous improvement initiatives.
• Reconciliations and Financial Controls
  • Complete and review all major account reconciliations (e.g., bank, intercompany, and other balance sheet accounts).
  • Ensure all balances are fully supported with proper documentation.
  • Reconcile financial discrepancies and maintain the integrity of financial records.
• Accounts Payable (A/P)
  • Verify and process supplier invoices promptly.
  • Prepare payments (cheques, transfers, or other methods) in a timely and accurate manner.
  • Reconcile accounts payable and address supplier inquiries efficiently.
• Accounts Receivable (A/R)
  • Verify and process customer invoices in a timely manner.
  • Post customer payments (cash, cheque, transfers) accurately into the accounting system.
  • Maintain and distribute accurate records of outstanding receivables and overdue accounts.
• Inventory and Intercompany Reconciliation
  • Assist with accurate inventory management and maintain error-free records to prevent valuation discrepancies.
  • Reconcile intercompany transactions monthly to ensure consistency and accuracy across entities
• Fixed Asset Register
  • Record acquisitions, disposals, and depreciation of tangible and intangible fixed assets.
  • Maintain an up-to-date and accurate fixed asset register.

Financial Reporting and Compliance

• Balance Sheet, Profit and Loss, and Cash Flow
  • Assist in the preparation of the company\'s Balance Sheet, Profit and Loss Statement, and Cash Flow Statements.
  • Support the annual budget preparation and quarterly forecast processes.
  • Prepare and submit VAT returns in compliance with UAE FTA regulations.
• Audit and Certification Support
  • Assist in the timely and accurate year-end audit process.
  • Prepare audit schedules and provide necessary documentation for external auditors.
  • Support the management of corporate certification requirements, including ICV compliance and credit rating documentation.
• Collaboration and Process Improvement
  • Collaborate with internal departments to ensure accurate financial reporting and data flow.
  • Support the Senior/Chief Accountant in identifying and implementing workflow and process improvements.
• Budget Monitoring and Financial Analysis
  • Monitor actual vs. budgeted performance and assist in taking corrective actions where necessary.
  • Provide insights and support to maintain financial targets.
• Confidentiality and Ethical Standards
  • Maintain strict confidentiality of customer, supplier, and company information at all times.
  • Uphold high standards of honesty, integrity, and professional conduct.

Qualifications

Degree in Commerce or Business Administration with a concentration in Accounting and/or Finance (B Com / M Com / BBA), or similar

Preference for additional academic certifications, such as CMA / ACCA / CFA / CPA / Inter CA

Years of Experience

Minimum of 5-6 years experience in general accounting, preferably in manufacturing and/or the contracting industries.