An Accountant is responsible for managing and maintaining the financial records of an organization. This role involves preparing financial statements, overseeing accounts payable and receivable, reconciling bank statements, and ensuring accurate and timely financial reporting. Accountants play a key role in helping organizations comply with financial regulations, manage budgets, and make informed financial decisions. They work closely with other departments to provide financial analysis and support, ensuring the overall financial health of the organization.
| Salary | AED 7,000 – 8,000 ($1,891 – $2,161) |
| Experience | 2 – 7 Years |
| Location | Dubai |
| Qualification | Any Graduation |
| Posted | 23 October 2024 |
| Job Type | Full-Time |
| Posted by | Habeebi Recruiter |
| last date to apply | apply within 15 days |
Key Responsibilities
Financial Record Management
The Accountant is responsible for maintaining accurate and up-to-date financial records. This includes recording all financial transactions, ensuring proper documentation, and organizing financial data in accounting systems. The accountant tracks expenses, revenues, and other financial activities to provide a clear and detailed record of the organization’s financial status.
Preparation of Financial Statements
A critical responsibility of the Accountant is to prepare financial statements such as balance sheets, income statements, and cash flow statements. These reports provide insight into the company’s financial performance and are used by management, investors, and regulatory authorities. The Accountant ensures that these statements are accurate, comply with accounting principles, and are delivered on time.
Accounts Payable and Receivable
The Accountant oversees both accounts payable (money the organization owes) and accounts receivable (money owed to the organization). This includes processing invoices, tracking payments, managing collections, and ensuring that all financial transactions are recorded properly. The Accountant works to ensure timely payments to suppliers and the accurate collection of revenues from clients.
Bank Reconciliation and Cash Flow Management
The Accountant regularly reconciles bank statements with the organization’s financial records to ensure accuracy. They verify that all transactions have been recorded correctly and investigate any discrepancies. Additionally, the Accountant monitors cash flow, ensuring that the organization has sufficient funds to meet its obligations and manage day-to-day operations.
Budgeting and Financial Forecasting
Accountants play a key role in helping organizations plan for the future by assisting with budgeting and financial forecasting. They work with department heads to create annual budgets, monitor spending, and provide financial analysis that informs strategic decision-making. The Accountant helps ensure that financial resources are used efficiently and that the organization stays within budget.
Tax Compliance and Regulatory Reporting
The Accountant is responsible for ensuring that the organization complies with tax regulations and financial reporting requirements. This includes preparing tax returns, managing payroll taxes, and ensuring timely submission of regulatory filings. The Accountant must stay informed of changes in tax laws and regulations to ensure that the organization remains compliant and avoids penalties.
Financial Analysis and Reporting
The Accountant provides financial analysis and reports to management to support decision-making. This includes analyzing financial data, identifying trends, and providing recommendations for improving profitability and efficiency. By delivering accurate and timely financial information, the Accountant helps management make informed decisions that contribute to the organization’s success.
This role requires strong attention to detail, analytical skills, and knowledge of accounting principles and financial regulations. The Accountant plays a crucial role in maintaining the financial integrity of the organization, ensuring accurate financial reporting, and providing valuable insights that help guide financial decision-making.
How to apply:
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Email: info@parisima.com
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