Key Responsibilities:
General Ledger Maintenance:
- Prepare, post, and reconcile general ledger entries to ensure accurate recording of all financial transactions.
- Ensure all journal entries are recorded in accordance with company policies and accounting standards.
- Review and maintain balance sheet accounts, ensuring they are properly reconciled each month.
Financial Reporting:
- Assist in the preparation of monthly, quarterly, and annual financial statements (balance sheet, income statement, and cash flow).
- Ensure that financial records are accurate and in compliance with company policies, accounting principles IFRS and UAE regulations.
- Support in the preparation of financial reports for management, highlighting key trends, variances, and insights.
Month-End and Year-End Close:
- Assist in the month-end and year-end closing process, ensuring that all financial transactions are accurately recorded and completed in a timely manner.
- Prepare necessary schedules, reports, and reconciliations to support the closing process.
Reconciliation:
- Reconcile bank accounts, intercompany accounts, and other general ledger accounts regularly to ensure accuracy.
- Investigate discrepancies and take corrective actions as needed.
Audit Support:
- Provide support during internal and external audits, ensuring that all requested documentation and records are available.
- Assist in the preparation of audit schedules and provide explanations for any variances or discrepancies.
Internal Controls & Compliance:
- Establish and enforce robust internal controls to ensure compliance with company policies, accounting standards, and UAE regulations.
- Ensure all invoices and payments comply with tax laws, including VAT regulations, and work with internal and external auditors during the audit process.
Expense and Cost Control:
- Collaborate with other departments to ensure proper allocation of expenses and compliance with budgeted amounts.
- Monitor and analyze general ledger accounts related to costs, expenses, and other financial areas to ensure optimal financial performance.
Tax Compliance:
- Support the accounting team in managing VAT and other tax-related activities, ensuring compliance with UAE tax regulations.
- Ensure that all tax filings and related reports are accurate and timely.
OTHER DUTIES
Regular attendance in conformance with the standards, which may be established by the company from time to time, is essential to the successful performance of this position. Due to the cyclical nature of the hospitality industry, employees may be required to work varying schedules to reflect the business needs of the organization.
QUALIFICATIONS
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 3–5 years of experience in general ledger accounting or a similar role.
- Experience working with ERP and accounting software (e.g., Netsuite, SAP) and Microsoft Excel.
- Strong understanding of accounting principles, practices, and UAE tax laws (including VAT).
- Ability to perform complex reconciliations and maintain accurate records.
- Knowledge of food and beverage industry accounting practices is a must.
- Detail-oriented with strong analytical and problem-solving skills.
- Excellent organizational skills and ability to prioritize tasks.
- Ability to work both independently and as part of a team.
- Strong communication skills, with the ability to interact effectively with various teams
