The position is for the firms office in Abu Dhabi, the candidate should be able to control the Dubai and Abu Dhabi accounting daily work and tasks, while handling weekly/monthly closing procedures, and assisting the Chief Accountant located in Lebanon.
Post journal entries into the accounting system (payments, bank transactions, closing entries, etc.).
Prepare and review accounting entries; facilitate the review and approval process with the Chief Accountant and Director of Administration & Finance.
Prepare cheques, transfers, and online banking transactions for management approval.
Execute payments, including salary payments, when applicable; post salary transactions and payments into the accounting system based on the calculations and instructions from the Chief Accountant.
Prepare and post accruals and prepayments into the accounting system, in coordination with the Chief Accountant, ensuring proper reallocation between the P&L and balance sheet over future periods.
Monitor the reversal of accruals upon receipt and booking of invoices to prevent overstating expenses.
Review the accuracy of bad debt provisions.
Prepare, maintain, and review the fixed assets registry.
Receive any fixed assets/materials ordered by the department under the supervision of the Chief Accountant and Director of Administration & Finance.
Follow up with other departments to obtain their delivery notes for assets.
Manage transactions related to management and related parties and review the corresponding entries in the accounting system.
Ensure proper allocation of revenues and expenses into different budget lines and/or categories.
Review all transactions posted into the accounting system daily, validating each entry along with the supporting documents, in compliance with Lebanese law and A&As internal policies.
Prepare bank and other reconciliations and provide reports to management based on specific requests.
Perform other accounting and administrative tasks, including preparing cover letters, payroll, expense orders, updating databases, etc., before deadlines and as requested by the Chief Accountant and Director of Administration & Finance.
Assist in preparing the AML report and ensure all account openings comply with AML requirements.
Prepare VAT declarations for Dubai and Abu Dhabi and coordinate with the tax advisors for the corporate tax filing.
Coordinate with lawyers to record their timesheet entries, extract reports, and prepare monthly invoices aligned with signed engagement letters.
Prepare the cash flow situation and manage collections