We are presently in the process of hiring the above vacancy for a renowned entity company based in Dubai, United Arab Emirates.
Employment Type : Temporary (04 Months Contract)
Responsibilities
- Prepare all expense entries and processing of payments, payroll, General ledger (GL) Accounts, accounting control, prepayments and accruals, fixed assets, and depreciation to ensure accuracy of entries.
- Prepare a comprehensive analysis of all expenses incurred and forward to the line manager as and when required to ensure accuracy of expense entries.
- Conduct the processing and recording of vouchers/ invoices and maintenance of records pertaining to the aforementioned to ensure all transactions are processed and recorded.
- Review and discuss with the line manager, all adopted accounting transactions in order to ensure all transactions are accurate.
- Enter transactions in the established comprehensive financial systems and maintain these systems
- Post journal vouchers in accordance with the policies implemented and ensure completeness, validity and accuracy of the accounting system implemented to ensure adherence to policies and procedures.
- Complete the period end closing of financial accounts on a timely basis and in accordance with the IFRS / IAS format, as per the agreed plan to ensure efficiency and timeliness.
- Ensure that provisions, accruals, prepayments and other entries for periodic and annual closing of financial accounts are complete, accurate and adequately supported.
- Enter all expenditure requests and coordinate with the Financial Accounting Manager in developing policies and procedures for capital expenditure budgeting, control, and reporting to ensure accuracy of expenditure requests.
- Prepare all accounts payable activities to ensure that payments are made to relevant suppliers within the contracted credit period.
- Compile monthly outstanding balance reports, prepare payment requests for unpaid invoices and send letters to debtors with long outstanding balances
- Ensure reconciliation of all expense accounts on a daily/ weekly/ monthly basis and report exceptions for correction and follow up to demonstrate efficiency in reporting.
- Review the expenditure process with the Senior Financial Accountant in order to suggest procedural changes if necessary and ensure that any errors found are logged and corrected.
- Maintain all daily general ledger vouchers and data entries in order to ensure accuracy of entries.
- Respond to any requests for general ledger information from various management teams to ensure that all required information is efficiently communicated to management.
- Coordinate with external auditors in performing annual audits of financial records to ensure that audit process runs smoothly.
- Prepare all necessary worksheets and financial analysis required by Internal Audit and other departments in order to support the Audit functions.
- Conduct day-to-day transactional processing and reporting on taxation. This includes the accurate posting of all tax related entries
- Preparation, validation and submission of monthly and quarterly VAT returns for the UAE entities
- Implement the highest financial reporting standards for the preparation and presentation of external financial accounts in order to demonstrate adherence to reporting standards
Qualifications
- 3+ years of professional accounting experience
- Bachelor's degree in Accounting, Finance, or Economics or equivalent experience
- CPA preferred
