Key Responsibilities
? Collaborating with internal departments to gather, analyze, and interpret relevant financial information.
? Performing audits on financial data to assure its accuracy and truthfulness.
? Aligning general ledger accounting practices to support budgeting and forecasting.
? Maintain balance sheet schedules and perform the month-end and year-end close process.
? Reconciling accounts with the general ledger.
? Prepare/posting Journal Entries including closing JVs - entering financial data such as accruals, deferrals, reclassifications, and interdepartmental entries into the ledger on a monthly basis.
? Performing account analysis to ensure that journal entries and balances are correct
? Prepare financial statements and financial reports.
? Analyze and report on budget variances.
? Gathering suppor9ng documentation and performing recordkeeping.
? Analyse and perform foreign currency exchanges.
? Advise management/Manager on accounting and financial matters.
? Keeping abreast of regulatory requirements and best practices in accounting.
? Supporting Internal Auditors.
? Supporting External Auditors.
? Supporting Tax/compliance department.
? Supporting IT dept in case of new ERP systems.
Tax Accounting & Compliance
? Ensure all general ledger entries are recorded in compliance with VAT, Corporate Tax, and Withholding Tax regulations, with proper supporting documentation.
? Verify that intercompany and related party transactions are accurately posted in accordance with transfer pricing policies.
? Reconcile and maintain VAT, Corporate Tax, and WHT schedules for review by the Finance Manager or Tax Team.
? Post tax-related journal entries, including provisions, accruals, and adjustments, accurately and in a timely manner.
? Ensure that all accounting entries reflect any adjustments resulting from tax audits, credit notes, or amended returns.
? Monitor and ensure compliance with tax filing deadlines, including VAT, Corporate Tax, and WHT, and escalate issues to the Finance Manager.
? Maintain proper documentation and filing to support tax positions and ensure readiness for audits or inquiries.
? Provide data to tax team for returns submission as per the agreed deadlines.
? Monitor updates in tax legislation, communicate changes to the accounting team, and implement required updates in GL processes.
? Participate in tax training sessions conducted by the Tax/Finance team and ensure timely implementation of new procedures.
? Assist in identifying poten9al tax optimization opportunities, such as unclaimed input VAT or overpaid WHT.
? Liaise with the Finance Manager, Tax Team, and external advisors to implement tax-related instructions and ensure compliance.
? Support the Finance Manager in preparing reports and schedules required for tax planning, audits, and management reporting.
Decision Making Authority and Responsibility
? Guided by the Unit Finance Manager/Accounts Supervisor while independently managing daily/periodic tasks.
Qualifications & Experience:
? Bachelor’s degree in commerce/finance, CMA/CPA/CA-Intermediate preferred.
? Minimum of 8 years of relevant industry experience in Finance/Accounts/Audit or related fields in the UAE.
? Familiarity with Interna9onal Financial Reporting Standards/International Standards of Audit is a plus.