About Zahrawi GroupZahrawi Group is a leading company in the GCC Healthcare Industry with its presence in UAE, KSA, Qatar, Bahrain, & Oman markets. The company supplies and distributes high-quality products and services to Hospitals, Clinics, Laboratories, & Analytical Industries.job Brief The incumbent is accountable for the day-to-day transactions of Zahrawi, auditing financial documents and procedures, reconciling bank statements, and ensuring that all payments are done accurately and in a timely manner.Policies & Procedures:

• Adhere to all Zahrawi Policies & Procedures as applicable.

Tax Management:

• Responsible for overall VAT readiness and application of VAT across Gulf Entities and necessary procedure changes.
• Review all terms and conditions in contracts and agreements to determine VAT implications & provide inputs from a VAT perspective into company strategies, policies, and procedures.
• Manage any tax inquiries from external tax authorities.
• Consolidate, review & submit Tax Group VAT Return in compliance with the local legislation and regulations with monthly tax period.
• Act as a focal point for internal and external stakeholders on VAT related queries.
• Identify & track all changes in the VAT legislations and determine the VAT consequences for Zahrawi.
• Educate the Finance team and other functions on tax processes and raise awareness for group tax risk and exposures. Account Opening:
• Open a supplier account in Zahrawis ERP system as per the opening request form, including the necessary documents from the supplier (supplier contract, trade license, etc.).
• Responsible to keep separate filing for all supporting document of supplier account

Transaction Posting:

• Post supplier bill on Zahrawis ERP system as per the Purchase Order.
• Post Journal Vouchers for non-inventory invoices such as freight, service charge, etc.
• Post Journal Vouchers for Debit/Credit note and supplier advance.
• Post Journal Vouchers required for matching supplier invoices used in clearing and posting allocation of supplier payments and ensure that all supporting documents are attached.
• Post bank guarantees, LC, TR, invoice discounting loans on Zahrawis ERP system.

Process & Verification:

• Reconcile all supplier, advance, other receivable & other payable account.
• Submit payment requests to the Treasury Accountant with all supporting documents (Zahrawis and supplier statements with proper breakdown of payments) to ensure that the payment is processed correctly.
• Assist in taking inventory on a yearly basis as per Zahrawis stock take process.
• Advise and resolve complex accounting matters.
• Assist in annual external audits.
• Assist in the monthly closing and review balance sheet schedules.

Reporting & Analysis:

• Complete the month end posting before closing calendar date.
• Prepare the monthly Advance supplier schedule.
• Prepare a report of credit limit utilization on a weekly basis.
• Prepare the monthly AP aging report.
• Prepare the monthly future payment report.
• Reconcile the various bank statements and outline the differences with Zahrawis books.
• Prepare the monthly MIS reports.
• Prepare the bank facility utilization report.

REQUIREMENTS

• Education: Bachelors Degree
• Additional details: Candidates should be based in the UAE and must be willing to move onto company visa
• Experience: 5+ years of experience.
• Job Specific Skills: Tax Management VAT Journal Vouchers ERP System Reporting Planning

Location: UAE - DubaiJob Type: FULLTIMEJob Posting Date: 23-06-2024Division/Department: Finance

Zahrawi Group