Accounting Associate - Shared Services Centre
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Key skills for this role
About the Role
IFZA Dubai is hiring an Accounting Associate for its Shared Service Centre. The role involves day-to-day bookkeeping, transaction processing, reconciliation, and financial reporting for customers.
Key Skills for This Role
Responsibilities
- Process transactions according to stated procedures and ensure all transactions are recorded in a timely and accurate manner.
- Reconcile invoices, statement of accounts, and investigate discrepancies.
- Post accounting journal transactions in line with double entry bookkeeping.
- Create and record aging reports.
- Manage relationships and provide daily partnering support to customers on their financial packages.
- Implement procedure documentation in line with internal controls and promote operational efficiency.
- Ensure all policies are complied with fully in accordance with the company.
- Act as a competent contact person for various inquiries relating to your area of responsibility.
- Proactively identify service delivery issues and take appropriate action.
- Support standardization and continuous improvement initiatives within the SSC.
- Oversee the final preparation of financial statements for the customers on a monthly basis.
- Assist in and/or carry out ad hoc tasks to support the business vision fully.
Requirements
- Degree in Accounting or Finance
- Part or fully qualified professional accounting qualification (from a recognized accounting body) preferred
- Minimum 1 2 years’ accounting experience
- Fluency in English
- Highly competent in the fundamentals of accounting (IFRS knowledge is preferred)
- Understanding of VAT in UAE
- Proficient in the use of Microsoft Office tools such as Excel, Power Point etc.
- Detail oriented and organized
- Ability to meet key deadlines
Full Job Posting
Job Overview
- The Shared Service Center handles day to day transactions, accounts receivable, accounts payable, payroll management, management of financial reports and other services for IFZA customers.
- The Accounting Assistant will support day to day bookkeeping and accounting of IFZA customers, coordinating with a team of professionals.
Main Responsibilities
- Process transactions according to stated procedures and ensure timely and accurate recording.
- Reconciling invoices, statement of accounts, and investigating discrepancies.
- Post accounting journal transactions in line with double entry bookkeeping.
- Creating and recording of aging reports.
- Manage relationships and provide daily partnering support to customers on their financial packages.
- Implement procedure documentation in line with internal controls and promote operational efficiency.
- Ensure all policies are complied with fully in accordance with the company.
- Act as a competent contact person for various inquiries relating to your area of responsibility.
- Proactively identify service delivery issues and take appropriate action.
- Support on standardization and continuous improvement initiatives within the SSC.
- Ensure continuity of daily tasks.
- Oversee the final preparation of financial statements for the customers on a monthly basis.
Requirements
- Degree in Accounting or Finance.
- Part or fully qualified professional accounting qualification (from a recognized accounting body) preferred.
- Minimum 1 2 years’ accounting experience.
- Fluency in English. Additional spoken languages are a plus.
- Highly competent in the fundamentals of accounting (IFRS knowledge is preferred).
- Strong analytical skills as well as process oriented.
- Understanding of VAT in UAE.
- Prior working knowledge in ERP systems (ex: ZOHO) is beneficial.
- Proficient in the use of Microsoft Office tools such as Excel, Power Point etc.
- Detail oriented and organized.
- Ability to meet key deadlines.
- Good understanding of the ME business model and KPI’s.
Benefits
- International team (over 60 nationalities).
- 24 annual leave days.
- Annual flight home.
- Life insurance plan.
- Medical insurance plan (with the option to upgrade at your own cost).
- Invitations to participate in various company functions, staff events, and department team building events.
- Opportunities to learn, develop and grow with the organization.
- Being part of a motivated team and Moving Forward Company Culture.
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