Senior Accountant

Job Summary

Financial Accounting & Reporting

• Prepare, review, and finalize monthly, quarterly, and annual financial statements in accordance with IFRS.
• Manage the general ledger, ensuring accuracy and completeness of all journal entries.
• Perform month-end and year-end closing activities, including accruals, prepayments, depreciation, and provisions.
• Prepare balance sheet reconciliations and resolve discrepancies in a timely manner.
• Maintain the fixed asset register and ensure proper capitalization, depreciation, and disposal accounting.

Accounts Payable & Receivable

• Oversee accounts payable and receivable functions, ensuring timely processing of invoices and payments.
• Monitor aging reports and follow up on overdue receivables to maintain healthy cash flow.
• Reconcile supplier and customer statements and resolve any disputes or variances.
• Review and approve payment runs, petty cash transactions, and employee expense reimbursements.

Bank & Cash Management

• Perform daily and monthly bank reconciliations across multiple accounts and currencies.
• Monitor cash flow positions, prepare cash flow forecasts, and recommend funding actions.
• Coordinate with banks for facilities, LCs, trust receipts, and trade finance instruments.

Taxation & Regulatory Compliance

• Prepare and file VAT returns in compliance with UAE Federal Tax Authority (FTA) regulations.
• Ensure compliance with UAE Corporate Tax requirements, including computation, filing, and supporting documentation.
• Maintain proper records for Economic Substance Regulations (ESR) and Ultimate Beneficial Owner (UBO) reporting where applicable.
• Stay updated on changes in UAE tax laws, accounting standards, and statutory requirements.

Audit & Internal Controls

• Coordinate with external auditors during annual statutory audits and provide required schedules and supporting documents.
• Implement and monitor internal controls to safeguard company assets and ensure financial accuracy.
• Identify gaps in processes and recommend improvements to strengthen the control environment.

Inventory & Cost Accounting

• Oversee inventory accounting, including stock valuation, reconciliation, and physical count variances.
• Analyze cost of goods sold (COGS) and gross margins, and report variances to management.
• Support pricing decisions through cost analysis and profitability reporting.

Budgeting, Forecasting & Analysis

• Assist in the preparation of annual budgets and rolling forecasts.
• Conduct variance analysis between actuals and budget, and provide commentary to management.
• Prepare ad-hoc financial reports, dashboards, and KPI analysis to support business decision-making.

Team Leadership & Cross-Functional Coordination

• Supervise, mentor, and review the work of junior accountants and finance staff.
• Collaborate with operations, procurement, sales, and logistics teams to ensure accurate financial recording of business activities.
• Liaise with banks, auditors, tax consultants, and regulatory authorities as required.

Systems & Process Improvement

• Maintain and improve accounting workflows in the ERP / accounting system (e.g., Zoho Books, QuickBooks).
• Identify opportunities for automation and efficiency in financial processes.
• Ensure proper documentation, filing, and archiving of financial records.

& Requirements, Education

• Bachelor's degree in Accounting, Finance, or related discipline.
• Professional certification preferred: ACCA or equivalent.

Experience

• Minimum 5–7 years of progressive accounting experience, with at least 2 years in a senior or supervisory role.
• Prior experience in the **trading / general trading / import-export industry** in the UAE is highly preferred.

Technical Skills

• Strong knowledge of IFRS and UAE VAT and Corporate Tax regulations.
• Proficiency in ERP / accounting software (Tally, SAP, Oracle, Zoho Books, QuickBooks, or similar).
• Advanced MS Excel skills (pivot tables, VLOOKUP, financial modeling).
• Experience with multi-currency transactions and trade finance instruments (LC, TR, etc.) is a plus.

Soft Skills

• Strong analytical and problem-solving skills with attention to detail.
• Excellent communication skills in English; Arabic is an advantage.
• Ability to work under pressure and meet strict deadlines.
• High integrity, confidentiality, and professional ethics.
• Leadership ability to manage and develop a small team.

What We Offer

• Competitive salary package commensurate with experience.
• Annual benefits in line with UAE Labour Law (medical insurance, annual leave, air ticket, end-of-service gratuity).
• Opportunity to work in a growing trading environment with exposure to diverse business operations.
• Career growth and professional development opportunities
• Pay: AED5,000.00 - AED5,500.00 per month

Education

• Master's (Preferred)

Experience

• Finance and Accounting: 5 years (Preferred)

Language

• English (Preferred)