Accountant

Ajman, AJ, AE, United Arab Emirates

Job Description

Position Overview:
We are seeking a highly skilled and experienced Senior Accountant to join our growing team in the foodstuff industry. The ideal candidate will have a strong background in accounting, along with extensive experience in tax compliance, financial reporting, and food industry-specific knowledge. This individual will play a key role in managing the financial operations, ensuring regulatory compliance, and driving accurate and insightful financial reporting. If you have a passion for foodstuff finance and expertise in tax, we want you to be a part of our dynamic team.

Key Responsibilities:

• Accounting & Financial Reporting:
• Manage day-to-day accounting operations, ensuring timely and accurate financial transactions.
• Prepare monthly, quarterly, and annual financial statements, including balance sheets, profit and loss statements, and cash flow reports.
• Conduct general ledger management, reconciliation of accounts payable, receivable, and other balance sheet accounts.
• Ensure compliance with international and UAE accounting standards and internal controls.
• Generate detailed financial reports for management, highlighting key performance indicators, trends, and financial risks.
• Tax Planning & Compliance:
• Ensure full compliance with UAE tax regulations, including VAT, corporate tax, excise tax, and other local taxes.
• Prepare and submit accurate tax returns in a timely manner and manage all tax filings.
• Advise on tax implications of business decisions and develop effective tax strategies to minimize tax liabilities.
• Stay updated on the latest tax laws and changes in the UAE and the wider region, ensuring the company is always in compliance.
• Coordinate with external auditors for tax audits and handle any tax-related queries.
• Cost Control & Budgeting (Foodstuff Industry Focus):
• Analyze and monitor foodstuff procurement costs, production costs, and inventory valuations.
• Support in the preparation of annual budgets, financial forecasts, and detailed financial plans.
• Implement cost-control measures to optimize profitability, specifically within foodstuff operations and distribution channels.
• Provide financial analysis to track product profitability, including the effect of raw material costs, seasonality, and production margins.
• Internal Controls & Audit Support:
• Assist in preparing for internal and external audits, ensuring accurate and complete financial records.
• Monitor and ensure compliance with company policies and local regulations concerning food safety, import/export requirements, and financial reporting.
• Identify areas of potential risk and recommend improvements in accounting and operational processes.
• Leadership & Collaboration:
• Lead and mentor junior accounting team members, providing guidance on accounting practices and food industry-specific financial matters.
• Collaborate with cross-functional teams, including operations and procurement, to align financial planning with business strategies.
• Report directly to the Finance Manager/Director and provide strategic financial insights to senior management.

Required Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional accounting qualification (CPA, CMA, or equivalent) is preferred.
• Minimum 5\+ years of progressive accounting experience, with at least 2 years in a senior accounting role in the foodstuff industry.
• In-depth knowledge of UAE tax laws, VAT, excise tax, and other tax-related matters.
• Proven experience in managing financials within the foodstuff distribution, production, or retail sectors.
• Strong understanding of cost accounting principles, financial analysis, and budgeting within the food industry.
• Proficiency in accounting software (Al ameen accounting systems, Microsoft Excel, etc.).
• Solid understanding of UAE financial regulations, food safety regulations, and import/export regulations related to the food industry.
• Strong problem-solving, organizational, and analytical skills.
• Ability to work under pressure and meet deadlines in a fast-paced environment.
• Excellent written and verbal communication skills in English (Arabic is a plus).

Preferred Skills:

• Knowledge of IFRS (International Financial Reporting Standards) and UAE GAAP.
• Previous experience working with multinational foodstuff companies or in food import/export businesses.
• Experience handling cross-border tax and finance issues in the food sector.

Job Type: Full-time

Pay: AED5,000\.00 - AED12,000\.00 per month

Experience:

• Accountant: 7 years (Required)

Language:

• Arabic (Required)
• English (Required)

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Job Detail

  • Job Id
    JD1806822
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    yearly 90017 113982
  • Employment Status
    Permanent
  • Job Location
    Ajman, AJ, AE, United Arab Emirates
  • Education
    Not mentioned