Job title: Accountant
Location: Dubai, UAE
About the role
The accountant will be responsible for maintaining accurate financial records, reconciling accounts, payroll, and supporting intercompany transactions. The role includes fixed asset management, tax reconciliation, and assisting with audits. The ideal candidate will have a strong attention to detail and be proficient in handling multiple financial operations, including working with intercompany and subsidiary accounts.
Key Responsibilities:
- Fixed Asset Register Maintenance: Manage the fixed asset register, ensuring accurate depreciation calculations and schedule updates.
- Reconciliation: Perform weekly bank reconciliations and daily cash reporting.
- Intercompany Transactions: Prepare and process UAE payroll intercompany charge-out entries and monthly intercompany charge-outs for France, UK, and the US.
- Account Management: Manage the rechargeable control account and provisions related to duty-free sales (DDF, QDF, BDF, Emirates, etc.).
- Sales Reconciliation: Perform daily sales reconciliations for the boutique, ensuring all transactions are accounted for.
- Invoice Management: Handle invoice exception reports, ensuring discrepancies are identified and resolved.
- Taxation: Conduct quarterly VAT reconciliations and ensure compliance with local tax regulations.
- Accruals & Prepayments: Prepare and manage monthly accrual entries and prepaid schedules.
- Audit Support: Assist in the preparation and submission of audit reports, working closely with external auditors.
- Accounting Policy: Assist in the development and implementation of accounting policies and procedures
Role - Specific Skills:
- Strong understanding of payroll, intercompany transactions, and VAT reconciliation.
- Proficiency in accounting software (e.g., SAP, Oracle, Dynamics) and Microsoft Excel.
- Attention to detail and ability to manage multiple tasks efficiently.
- Strong analytical and problem-solving skills.
- Excellent communication skills for interdepartmental coordination.
Desired Background and Experience:
- Bachelor’s degree in accounting, Finance, or a related field.
- Professional certification (e.g., CPA, ACCA) is an advantage.
- 7+ years of experience in accounting, preferably in a multinational environment.
- Experience with fixed asset management and international financial operations.
- Knowledge of UAE Taxation i.e. VAT and Corporate Tax