Accounting Assistant

Company Description

Role Description

General Accounting

• Maintain accurate accounting records and the general ledger.
• Record sales, purchases, expenses, receipts, payments, journal entries, accruals, provisions, and prepayments.
• Prepare monthly trial balances and financial statements and assist with monthly, quarterly, and year-end closing.

Accounts Payable

• Verify supplier invoices against purchase orders, delivery documents, and approvals.
• Record supplier invoices, maintain supplier accounts, prepare payment schedules, and reconcile supplier statements.

Accounts Receivable and Collections

• Prepare customer invoices, monitor outstanding receivables, prepare ageing reports, and follow up on overdue payments.
• Coordinate billing and collections with project and commercial teams and report outstanding payments to management.

Bank and Cash Management

• Perform bank reconciliations, maintain petty cash and cash transaction records, and monitor cash flow.
• Prepare cash flow forecasts and payment plans and coordinate routine banking transactions.

Tax Compliance

• Maintain VAT-compliant records, review input and output VAT, prepare VAT workings and returns, and coordinate FTA filing and payment.
• Maintain records for UAE Corporate Tax compliance, assist with taxable income calculations and provisions, and monitor filing deadlines.

Payroll and Employee Accounts

• Prepare monthly payroll and salary schedules and maintain employee advances, deductions, and expense records.
• Coordinate with HR on employee-related payments and assist with WPS payroll processing where applicable.

Audit and Compliance

• Coordinate with external auditors and tax consultants and prepare schedules and supporting documents for audits.
• Keep accounting records complete and updated with UAE accounting, VAT, and Corporate Tax requirements.

Experience

• 4–5 years of relevant experience is required.