General Accountant

ADEAREST; Al Ain; On-site; AED 180,000 - 300,000; Full time

Job summary

ADEAREST in the United Arab Emirates invites applications for a General Accountant to support the Finance Department with Accounts Payable, Accounts Receivable, cash management and reporting, leveraging IFRS knowledge and rigorous control.

The role covers general ledger postings, monthly management accounts, reconciliations, VAT returns and cooperation with audits, internal controls, intercompany reconciliation, fixed asset register, and collaboration with other departments.

Qualifications

• Degree in Commerce or Business Administration with a concentration in Accounting and/or Finance.
• Preference for CMA/ACCA/CFA/CPA/Inter CA certifications.
• Minimum of 5-6 years experience in general accounting, preferably in manufacturing and/or contracting industries.

Responsibilities

• Maintain the general ledger and post transactions.
• Prepare monthly management accounts.
• Reconcile bank and intercompany balances.
• Process accounts payable and accounts receivable.
• Prepare VAT returns under UAE regulations.
• Assist year-end audit and compliance activities.

Skills

IFRS knowledge

Financial reporting

VAT compliance

Intercompany reconciliation

Fixed asset accounting

Education

Bachelor degree in Commerce or Business Administration with accounting/finance concentration

CMA/ACCA/CFA/CPA/Inter CA

Job description

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:

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

1. Financial Reporting and Compliance

1. Assist in the preparation of the companys Balance Sheet, Profit and Loss Statement, and Cash Flow Statements.
2. Support the annual budget preparation and quarterly forecast processes.
3. Prepare and submit VAT returns in compliance with UAE FTA regulations.

Audit and Certification Support

1. Assist in the timely and accurate year-end audit process.
2. Prepare audit schedules and provide necessary documentation for external auditors.
3. Support the management of corporate certification requirements, including ICV compliance and credit rating documentation.

Collaboration and Process Improvement

1. Collaborate with internal departments to ensure accurate financial reporting and data flow.
2. Support the Senior/Chief Accountant in identifying and implementing workflow and process improvements.

Budget Monitoring and Financial Analysis

1. Monitor actual vs. budgeted performance and assist in taking corrective actions where necessary.
2. Provide insights and support to maintain financial targets.

Confidentiality and Ethical Standards

1. Maintain strict confidentiality of customer, supplier, and company information at all times.
2. 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.

Requirements: