Senior Accountant
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Key skills for this role
About the Role
Algo matic is hiring a Senior Accountant to handle accounts payable, banking, compliance, and reporting. The role requires a Bachelor's degree, 2-5 years of accounting experience, UAE VAT knowledge, and Excel proficiency.
Key Skills for This Role
Responsibilities
- Verify supplier invoices and supporting documents
- Process supplier payments as per approved terms
- Maintain payable schedules and due date tracking
- Reconcile vendor statements
- Record bank transactions and perform bank reconciliations
- Monitor cash flow and daily bank balances
- Coordinate with banks regarding transfers, LC documents, and other banking matters
- Ensure proper filing of accounting records
- Assist in VAT related documentation and reporting
- Maintain audit ready records and supporting documents
- Support internal and external audits
- Prepare monthly P&L, AR Aging, AP Aging, Cash Flow Summary, and Bank Reconciliation Reports
Requirements
- Bachelor's Degree in Accounting, Finance, or Commerce
- Minimum 2–5 years of accounting experience
- Experience in UAE accounting practices preferred
- Knowledge of VAT regulations
- Proficiency in Microsoft Excel
- Experience with ERP/Accounting Software preferred
Full Job Posting
Accounts Payable
- Verify supplier invoices and supporting documents.
- Process supplier payments as per approved terms.
- Maintain payable schedules and due date tracking.
- Reconcile vendor statements.
Banking & Cash Management
- Record bank transactions and perform bank reconciliations.
- Monitor cash flow and daily bank balances.
- Coordinate with banks regarding transfers, LC documents, and other banking matters.
Compliance & Documentation
- Ensure proper filing of accounting records.
- Assist in VAT related documentation and reporting.
- Maintain audit ready records and supporting documents.
- Support internal and external audits.
Reporting
- Prepare monthly Profit & Loss Statement.
- Prepare Accounts Receivable Aging.
- Prepare Accounts Payable Aging.
- Prepare Cash Flow Summary.
- Prepare Bank Reconciliation Reports.
Shipping & Logistics Accounting (Preferred)
- Verify freight, depot, trucking, and shipping related invoices.
- Monitor container and ISO tank related costs.
- Track customer profitability and shipment costing.
- Reconcile supplier and agent accounts.
Requirements
- Bachelor's Degree in Accounting, Finance, or Commerce.
- Minimum 2–5 years of accounting experience.
- Experience in UAE accounting practices preferred.
- Knowledge of VAT regulations.
- Proficiency in Microsoft Excel.
- Experience with ERP/Accounting Software preferred.
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