Job Description

The ideal candidate will be involved with preparing financial reports and statements, bank reconciliations, and conducting cyclical audits. Moreover, the candidate must have strong interpersonal skills and possess a strong business acumen.

The responsibilities of this role are as follows, but not limited to;

Financial Operations:

• Manage day-to-day financial transactions, including accounts payable and receivable, invoicing, and reconciliations.
• Handle petty cash payments for company utilities.
• Ensure the accuracy and completeness of financial records and transactions.
• Raise invoices on QuickBooks and record bills accurately.
• Manage cash flow, including handling commission calculations and payments.

Accounts Payable Processing:

• Manage the full cycle of accounts payable activities, including invoice verification, coding, approvals, and processing payments.
• Ensure accurate and timely processing of invoices, expense reports, and payment requests.
• Maintain vendor records and reconcile vendor statements.
• Assist with VAT filing and ensure compliance with VAT requirements.

Payment Management:

• Coordinate with finance team to execute weekly, monthly, and ad-hoc payment runs.
• Process electronic payments and prepare manual checks as required.
• Monitor and manage payment deadlines to maximize early payment discounts and avoid late fees.

Client Relations:

• Communicate effectively with clients regarding invoice discrepancies, payment inquiries, and issue resolution.
• Build and maintain strong relationships with vendors and internal stakeholders.
• Manage guest security deposit refund reimbursements.

Financial Reporting:

• Prepare and maintain accurate accounts payable reports and records.
• Create monthly financial reports.
• Assist in month-end closing activities related to accounts payable.

Compliance and Controls:

• Ensure compliance with company policies and procedures, as well as relevant regulatory requirements.

Process Improvement:

• Implement best practices to streamline workflows and enhance operational effectiveness.

Team Collaboration:

• Collaborate with cross-functional teams, including Purchasing, Finance, and Accounting, to resolve issues and improve processes.
• Provide support and assistance to other finance team members as needed.

Qualifications

• Bachelor's degree in Accounting or related field
• Ability to interpret and analyze financial statements and periodicals
• Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)

Job Type: Full-time

Pay: AED7,000.00 - AED8,000.00 per month

Education:

• Bachelor's (Required)

Experience:

• Accounting: 3 years (Required)
• VAT filing: 3 years (Required)

License/Certification:

• CPA or CIMA or ACCA (Required)