The Junior Accountant is responsible for managing financial records, preparing financial statements, analyzing financial data, and ensuring compliance with relevant laws and regulations.
Responsibilities:
- Manage and execute day-to-day bookkeeping activities, financial transactions, and ensure accurate recording.
- Prepare and analyze management accounts to facilitate informed decision-making.
- Post monthly invoices and bank entries in the accounting software.
- Perform bank, accounts payable, and accounts receivable reconciliation.
- Have knowledge of UAE VAT and filing returns.
- Maintain accurate records of all sales, purchases, and accounting-related activities to achieve operational and strategic goals.
- Work closely with the managers during the time of external audits.
- Record financial transactions accurately and timely in the accounting software system.
- Compile financial statements such as balance sheets, income statements, and cash flow statements.
- Analyze financial data to provide insight into the financial health of the organization and make recommendations for improvement.
- Ensure compliance with tax laws and regulations by preparing and filing tax returns for organizations.
- Assist in internal or external audits to ensure financial records are accurate and in compliance with regulations.
- Prepare various financial reports for management, stakeholders, or government agencies.
- Establish and maintain financial controls and procedures to safeguard assets and ensure accuracy of financial data.
- Stay up-to-date with changes in financial regulations, accounting standards, and industry needs.
Qualifications:
- BS degree in Accounting, Finance, or relevant field.
- Relevant accounting certification will be preferred.
Experience:
- Proven experience of 1 year as a Junior Accountant, ideally in a fast-moving customer-facing environment such as retail, F&B, trade, or services.
Essential Knowledge, Skills, and Abilities:
- Thorough knowledge of accounting procedures and understanding of Generally Accepted Accounting Principles (GAAP).
- Accuracy and attention to detail.
- Aptitude for numbers and quantitative skills.
- SAP knowledge and Arabic speaker is a plus.