Accountant - Petroleum Products trading exp - Immediate joining
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Key skills for this role
About the Role
Ref.
Key Skills for This Role
Full Job Posting
Salary
as per the industry norms
Experience
3–6 years of accounting experience in petroleum products trading or oil & gas trading
Requirements
Bachelor’s degree in Accounting, Finance, or Commerce.
Hindi-speaking candidates preferred.
Only Candidates who are currently available in UAE and can join immediately (within 5 days maximum) will be considered
Please watch the following video
https://youtu.be/XdimKojvZlg
Job Summary
We are seeking an experienced Accountant with strong exposure to petroleum products trading in the UAE.
The ideal candidate will manage day-to-day accounting operations, ensure compliance with UAE regulations (VAT, ESR, audit), and handle trading-specific accounting such as inventory valuation, landed cost, and multi-currency transactions.
Accounting & Finance
- Maintain accurate books of accounts in compliance with IFRS and UAE regulations
- Record sales, purchases, expenses, and journal entries
- Perform bank, supplier, and customer reconciliations
- Prepare monthly, quarterly, and annual financial statements
- Manage accounts payable and receivable, including credit control
Petroleum Trading–Specific Responsibilities
- Handle accounting for petroleum products (fuel, lubricants, bitumen, base oil, etc.)
- Calculate and track landed cost (product cost, freight, customs, storage, insurance)
- Manage inventory accounting (FIFO/Weighted Average, stock aging, shrinkage)
- Record and reconcile bulk trading, spot trades, and long-term supply contracts
- Monitor pricing margins, FX exposure, and volume-based transactions
Taxation & Compliance (UAE)
- Prepare and file UAE VAT returns and ensure proper VAT treatment on local and export sales
- Maintain VAT documentation and support FTA audits
- Coordinate with auditors for annual audits
- Support Economic Substance Regulations (ESR) and corporate compliance requirements
Reporting & Management Support
- Prepare MIS reports, cash flow forecasts, and management dashboards
- Assist management with cost analysis, budgeting, and financial planning
- Liaise with banks, auditors, customs clearing agents, and logistics partners
Education
- Bachelor’s degree in Accounting, Finance, or Commerce
- Professional qualification (CA / ACCA / CMA) – preferred
Experience
- 3–6 years of accounting experience in petroleum products trading or oil & gas trading
- Proven experience in UAE VAT and trading-based accounting
- Strong understanding of inventory, landed cost, and multi-currency transactions
Technical Skills
- Proficiency in accounting software (Tally, SAP, Oracle, QuickBooks, Odoo, or similar)
- Strong Excel skills (pivot tables, VLOOKUP/XLOOKUP, financial analysis)
- Knowledge of IFRS and UAE commercial practices
Soft Skills
- High attention to detail and accuracy
- Strong analytical and problem-solving skills
- Ability to meet tight deadlines
- Good communication and coordination skills
Preferred (Added Advantage)
- Experience dealing with ports, customs, and logistics accounting
- Knowledge of import/export documentation related to petroleum products
- Experience working with trading houses or commodity traders in the UAE
To Our Valued Candidates,
- · Thank you for your interest in joining our network. To ensure a smooth and fair recruitment process for everyone, please take note of the following guidelines:
- · All job openings are regularly updated on our website: www.creativehrc.com/careers Kindly avoid calling or messaging on WhatsApp for job inquiries or application status updates, as our team is unable to respond through these channels.
- · To be considered for any position, please submit your CV directly through our website. CVs must be in PDF format and under 2MB in size. Applications sent via email or WhatsApp will not be reviewed and will be deleted to maintain data protection standards.
- · Please read each job description carefully before applying, as it includes all relevant details regarding the role.
- · If you do not hear back from us within three weeks, it means your application was not shortlisted for the current opening. We encourage you to keep checking our website for future opportunities that may better match your profile.
- · Kindly note that we do not have any representatives acting on our behalf. All communication will be done through our official phone number or verified social media channels only.
- · We never charge candidates at any stage of the recruitment process. Our services are strictly for employers, and candidates are not required to pay for any application or placement.
- · We appreciate your understanding and wish you the very best in your job search.
- Warm regards,
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