Senior Accountant – Dubai

Carry out accounting entries and paperwork tasks related to A/R, A/P, Assets and GL transactions efficiently. Prepares month-end general ledger close journal entries and supporting reconciliations. The accountant is responsible for the day-to-day activities and various responsibilities within monthly accounting close, reconciliations assist in analysis, and financial reporting activities.​ Review trial balance and compare to reports, ensure implementing applicable accounting policies and procedures.

Job Responsibilities:
A/P

• Receive and verify invoices and acquisition for goods and services, invoices include (local and international suppliers), examples, insurance, products, service providers and others.
• Verify that transactions comply with financial policies and procedures and contract terms.
• Prepare batches for invoices for data entry and enter invoices for payment (RGRs and match invoices) verify the accuracy of distribution.
• Monitor accounts payable and ensure payments are up to date, process payment transfer request or check payment request.
• Data entry for all payments done to the vendors (checks and transfers)
• Resolve invoice discrepancies, reconcile vendor’s balances at least each month end.
• Correspond with vendors and respond to inquiries, acts as a liaison between related departments and vendors.
• Ensure full accruals during month end and year end closing.
• Always monitor and match the balances between the purchases module and the GL posting accounts. Also match between the inventory module and the GL inventory posting accounts.
• Maintain accounts payable files.

A/R

• Ensure up to date posting of invoices; follow up with opened invoices on a daily basis.
• Monitor accounts receivable and ensure balances are always up to date.
• Resolve accounts’ discrepancies, reconcile customers’ balances.
• Correspond with customers and respond to inquiries, acts as a liaison between related departments and customers.
• Always monitor and match balances between the sales module and the GL posting accounts.
• Review aging file.
• Make sure that accountant provide management status of dues on & respective collections on Monthly basis.
• Prepare monthly customers specific provision if any.
• Review Monthly bank reconciliation to ensure all entries is updated.
• Approve daily equipment sales invoices

GL

• Ensure up to date posting of office expenses and other GL transactions.
• Prepare monthly journal entries, accruals and GL account reconciliations including banks, prepaid and accrued expenses, etc.
• Assist in preparation of intercompany transactions and consolidation entries.
• Respond to inquiries, acts as a liaison between related departments.
• Perform duties with attention to details and accuracy. Maintain problem-solving skills.
• Cooperate with auditors of the company till receive stamped financial.
• Manage stock adjustments and stock transfer
• Review control accounts

TAX

• Guide and answer any questions from External customers about VAT and other type of Tax if needed
• Consult with our Tax consultant for any inquiry and get updating of any type of tax on time to reflect in our books
• Manage online system and submit Tax return for company and make sure the payment done on time
• Maintain Tax filling and make sure it is filling properly
• Advise management on time for any new rules about Tax type (VAT ,…etc )

Other

• Follow up the due accounts receivable and other debit accounts, report on collections if required.
• Assist credit control when required.
• Assist in Annual stocktaking
• Assist in Guide and help new accountants if needed
• Assist Renewal Insurance policies
• Handle petty cash if required.
• Support in admin and government work if required.

Minimum Qualifications:

• Bachelor’s degree in Commerce, Accounting or any equivalent degree
• Minimum 5-8 years of accounting experience in distribution or trading company
• Previous experience in Accounts Receivable, Accounts Payable and General Ledger entries
• Knowledge in responding to auditors and getting company’s financials stamped
• Knowledge in all local taxes / social security related to the entity and the employees