An Accountant is responsible for managing and overseeing the financial records and transactions of an organization. They ensure that financial statements are accurate, comply with legal regulations, and provide the company’s management with insightful financial data. Accountants handle a wide range of tasks, including preparing budgets, conducting audits, maintaining the general ledger, and managing payroll. This role is essential for maintaining the financial health of the organization by providing reliable financial reporting and analysis.

Salary	Market Competitive
Experience	3 – 5 Years
Location	Dubai
Qualification	Diploma(Management), Bachelor of Business Administration(Management)
Posted	17 October 2024
Job Type	Full-Time
Posted by	Habeebi Recruiter
last date to apply	apply within 15 days

Key Responsibilities

1. Managing Financial Records

An Accountant is tasked with maintaining accurate financial records for the organization. This includes recording all financial transactions, such as sales, purchases, income, and expenses, in the general ledger. The accountant ensures that these records are up to date, organized, and in compliance with accounting standards and regulations. By maintaining detailed financial records, the accountant provides the foundation for accurate reporting.

2. Preparing Financial Statements

One of the key duties of an Accountant is to prepare financial statements, including income statements, balance sheets, and cash flow statements. These documents provide a clear picture of the company’s financial performance and position. The accountant ensures that financial reports are completed accurately and on time, enabling management to make informed decisions based on reliable data.

3. Budgeting and Forecasting

Accountants are responsible for assisting in the preparation of budgets and financial forecasts. They work with department heads and management to create financial plans that align with the company’s goals and financial capacity. By analyzing historical data and current financial trends, the accountant helps forecast future revenue and expenses, aiding in strategic planning.

4. Tax Preparation and Compliance

The Accountant ensures that the organization complies with tax laws by preparing and filing accurate tax returns. This includes calculating tax liabilities, managing deductions, and ensuring that all necessary documentation is in order. The accountant stays informed about changes in tax regulations to ensure that the company remains compliant with local, state, and federal tax laws, minimizing risks of penalties.

5. Internal Auditing and Financial Control

Accountants play a critical role in internal auditing by reviewing financial records and processes to ensure accuracy and compliance with internal controls. They monitor financial transactions to prevent errors, fraud, or mismanagement. If discrepancies are found, the accountant investigates and resolves them, safeguarding the company’s assets and financial integrity.

6. Processing Payroll

In many organizations, the Accountant is responsible for processing payroll, ensuring that employees are paid correctly and on time. This includes calculating salaries, deductions, bonuses, and taxes. The accountant ensures that payroll records are accurate and that all payments comply with applicable tax laws and labor regulations.

7. Supporting Financial Decision-Making

Accountants provide valuable financial insights to management by analyzing financial data and trends. By offering reports and advice on cash flow, cost management, and profitability, the accountant plays an essential role in helping the company make sound financial decisions. This support helps the organization optimize resources and achieve its financial goals.

8. Handling Accounts Payable and Receivable

The Accountant manages accounts payable and receivable by ensuring that invoices are processed, payments are made, and outstanding debts are collected. They monitor cash flow to ensure that the company has enough liquidity to meet its obligations and follow up on overdue accounts when necessary.

Qualifications

• Bachelor’s degree in accounting, finance, or a related field.
• Certification as a CPA (Certified Public Accountant) or equivalent qualification.
• Proven experience in accounting or finance roles.
• Strong knowledge of accounting principles and tax regulations.
• Proficiency in accounting software (e.g., QuickBooks, SAP).
• Excellent analytical and problem-solving skills.
• Attention to detail and accuracy in financial reporting.

An Accountant is essential to the financial management of any organization. Their role ensures that the company’s financial operations run smoothly, from maintaining records to providing valuable financial insights. Accountants play a pivotal role in helping the organization meet its financial objectives while ensuring compliance with all relevant regulations.

How to apply:

Send your updated resume to our email:

Email:  info@alfelasicpa.com