Description:
We are seeking a highly motivated and committed Senior Accountant to play a crucial role in managing financial operations, ensuring accuracy in financial reporting, and providing strategic insights to support decision-making processes. The ideal candidate will possess strong analytical skills, meticulous attention to detail, and extensive experience in accounting practices within the UAE, preferably in the Food & Beverage or a similar industry.
Key Responsibilities:
Cash & Bank Management:
- Monitor and handle cash receipts from various revenue streams.
- Manage petty cash and maintain supporting documents.
- Ensure timely submission and accurate recording of cash sales deposits.
- Oversee POS transactions, ensuring proper filing and posting of relevant entries.
Accounts Receivable:
- Monitor daily invoicing for delivered items to clients.
- Follow up on outstanding payments based on aging reports.
- Manage VAT filing and registration.
Costing & Pricing:
- Review and analyze project costs, ensuring accurate categorization.
- Calculate project costs, overhead expenses, and revenues periodically.
- Develop cost and pricing breakdowns for new products.
Accounts Payable & Supplier Management:
- Handle supplier payments via bank transfers and cash transactions.
- Maintain payment records and ensure proper accounting entries.
- Process staff payroll, commissions, leave salaries, and WPS transactions timely.
- Compute and file VAT and corporate tax returns.
- Manage payables to ensure an uninterrupted supply chain.
- Oversee procurement of gadgets and machinery for resale.
General Accounting & Compliance:
- Maintain a fixed asset register and monthly depreciation records.
- Ensure accurate inventory inflow and outflow tracking.
- Process journal entries related to prepayments, accruals, and advances.
- Manage general ledger, daybook entries, and cash balances.
- Ensure accurate daily invoicing and revenue monitoring.
- Coordinate with the admin/area manager for renewals of AMCs, licenses, and maintenance.
Bank Reconciliation:
- Manage and reconcile all company bank accounts daily.
- Maintain accurate bank entries and ledger reconciliations.
Month-End & Year-End Closing:
- Handle monthly, quarterly, and annual financial closings.
- Finalize and close accounting books.
- Collaborate with management, sales, and operations teams for budgeting and forecasting.
- Prepare year-end audit reports and manage audit processes.
- Generate and analyze monthly financial reports, providing insights to management.
Qualifications & Skills Required:
Education: Master’s degree in Accounting, Finance, or a related field.
Certifications: CMA, CFA, or equivalent is highly advantageous.
Experience: Minimum 5+ years of core accounting experience, with at least 3 years in the UAE, preferably in the Food & Beverage industry or a similar field.
Technical Skills:
Advanced knowledge of Microsoft Excel and ERP systems.
Hands-on experience with QuickBooks Intuit & Odoo Accounting Software (Mandatory).
Working knowledge of Stripe and Tabby payouts & reconciliation.
Soft Skills:
- Strong English communication (written & oral).
- Highly detail-oriented and organized.
- Ability to work under pressure and meet deadlines.
- Proven ability to work both independently and collaboratively.
- Excellent analytical and problem-solving skills.
- Fast learner with adaptability to new systems and processes.