Job Description

Al Majara Polychem Industries LLC, a prominent chemical manufacturing company based in Dubai, is seeking a skilled and experienced Cost Accountant to join our finance team. The ideal candidate will have 2 - 3 years of experience in cost accounting and will be responsible for analyzing and managing cost expenditures to ensure the financial efficiency and profitability of our operations.

Responsibilities:

1. Cost Accounting (Required):

• Analyse and allocate costs to specific departments, projects, or products.
• Prepare cost reports and variance analyses.
• Support budget development and monitoring.

2. Day-to-Day Accounting Entries:

• Financial Data Entry and General Bookkeeping
• Prepare receipts, payment, vouchers, invoices, etc. on the ERP System.
• Record all financial transactions accurately and timely.
• Reconcile bank statements and other accounts.
• Maintain general ledger balances.

3. Accounts Payable:

• Process invoices for payment according to company policy.
• Manage vendor relationships and communication.
• Ensure timely payments and maintain positive vendor relationships.

4. Accounts Receivable:

• Issue invoices and manage customer accounts.
• Collect payments and follow up on delinquent accounts.
• Apply cash receipts accurately and timely.

5. Payments & Receipts:

• Process and record all incoming and outgoing payments.
• Manage petty cash and other cash-handling procedures.
• Ensure compliance with internal controls and financial regulations.

6. Online Attestations:

• Complete online tasks and submissions for tax authorities or other regulatory bodies.
• Ensure timely and accurate filing of necessary reports.

7. Month-End Tasks:

• Perform monthly closing procedures, including accruals, prepayments, and adjustments.
• Compile and analyze financial statements and reports.
• Communicate financial results to management.

8. VAT Payable:

• Calculate and record VAT payable and recoverable amounts.
• Prepare VAT Returns & VAT Filing
• Stay updated on changes in VAT regulations.

9. Management Reports:

• Prepare and analyse financial reports for management decision-making.
• Identify trends and provide insights into the financial performance of the company.
• Communicate complex financial information clearly and concisely.
• Assist with Financial Audit

10. Administrative Tasks:

• Maintain accounting files and records.
• Assist with other tasks assigned by the Finance manager.

Qualifications:

• Bachelor's degree in accounting, Finance, or related field.
• Proven experience working as a cost accountant or in a similar role.
• Proficiency in accounting software and MS Office suite.
• Strong understanding of accounting principles and regulations.
• Excellent analytical and problem-solving skills.
• Ability to work independently and as part of a team.
• Exceptional attention to detail and accuracy.
• Excellent communication and interpersonal skills.

Job Types: Full-time, Permanent

Ability to commute/relocate:

• Dubai: Reliably commute or planning to relocate before starting work (Required)

NOTE: Please apply only if you have •cost accounting • experience.

Job Type: Full-time

Application Question(s):

• What is your Visa type? We need only visit visa holders. If not, kindly do not apply
• Are you willing to join immediately?
• What is your salary expectation?

Experience:

• cost accounting: 2 years (Required)