United Arab Emirates Job Openings

A Leading Holding Company In UAE

Accountant

Dubai

September 6, 2024

The Role
Job Purpose: The accountant will be responsible for managing daily accounting tasks and financial activities within the organization under the supervision of the Finance Manager. The ideal candidate will have a strong understanding of accounting principles, proficiency in financial software, and the ability to handle multiple tasks in a fast-paced environment. The role demands a proactive approach to managing financial tasks with the ability to prioritize effectively, optimize financial performance, and drive efficiencies, thereby contributing to the overall success of the business. Job Responsibilities: Financial Reporting and Accounting: - Prepare accurate and timely (month-end, quarterly, yearly) financial reports, including income statements, balance sheets, and cash flow statements. - Ensure compliance with accounting standards and principles (IFRS) in financial reporting. - Maintain and update accounting records, including posting journal entries and reconciling accounts. - Prepare bank reconciliations, petty cash reports, and directors' expense summaries. - Maintain records and documentation in designated file storage systems. - Analyse financial data and assist in budget preparation. Audit and Compliance: - Prepare VAT returns. - Prepare corporate tax returns. - Assist in external and internal audits. - Prepare schedules and documents required for external audits. - Economic Substance Reporting Compliance. - Ensure compliance with annual license renewals and filing requirements for group entities. Property Management Accounting: - Monitor and record rental income from the real estate portfolio. - Ensure timely payment of all utility bills, service charges, etc. - Maintain the register of real estate assets. - Ensure timely receipt of remittances and promptly report discrepancies. - Prepare profit and loss statements for each property. - Monitor and prepare installment payments for property purchases. Cash Management and Treasury: - Handle payment of utility bills, service charges, and other expenses. - Ensure timely payments of due to/due from related parties. - Monitor and summarize bank statements. - Petty Cash statement preparation and monthly reporting. - Prepare cash flow forecasts. General Administration: - Manage payroll processing and perform administrative tasks as required. - Prepare monthly employee mobile phone statements for any adjustments. - Monitor and handle corporate emails. - Update and maintain records in designated shared drives. - Handle correspondence with third parties.

Requirements
  • Minimum 5 years of UAE experience in accounting. - Audit and/or Big 4 experience would be a plus. - Understand IFRS Standards. - Excellent communication in English. - Ability to draft reports and present the same to the higher management. - Real estate experience would be a plus. - Experience in monthly financial reporting. - Experience in communicating with multiple stakeholders. - Attributes: Diligent, Integrity, Ethical. - Minimum bachelor’s degree in finance, Accounting, Economics, or related field. - Professional Accounting qualification (Chartered Accountant -MIA, CIMA, ACCA, CPA or similar. Technical Competencies: - Excellent understanding of IFRS. - Experience in financial software applications i.e. Quick Books, Odoo. - Advanced proficiency in Microsoft Excel. - Experience with financial audits would be an advantage. - Bank Reconciliations. Behavioral Competencies: - Personal integrity and strong work ethic. - Exceptional analytical skills and attention to detail. - Ability to work independently, self-motivate, and take initiative. - Solution-orientated approach. - A high degree of professionalism & discretion. - Excellent written and verbal communication skills. - Strong organizational skills with the ability to multi-task. - Excellent decision-making skills, demonstrating resourcefulness to troubleshoot appropriately.
About the company
Agile Consultants is a talent solutions company in Dubai that focuses on tapping into the complete potential of individuals and organisations. Our expert team of recruiters work closely with clients and candidates to ensure best results in terms of recruitment and successful placement in GCC, Middle East & Africa regions. Our specialities include but are not limited to Talent Sourcing, Executive Search, Niche Talent Acquisition, Head Hunting & C-Suite Hiring. With over 20 years in the United Arab Emirates region, we have built a strong network of partners and affiliates, allowing us to assist job seekers and employers with the same passion.
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