The Assistant Accountant supports the accounting department by handling various financial tasks to ensure accurate record-keeping and smooth financial operations. This role is essential for preparing financial statements, tracking expenses, and maintaining compliance with company policies and industry standards. Working closely with the senior accountant, the Assistant Accountant ensures that financial information is organized, accurate, and readily available for reporting and decision-making.
Salary | Market Competitive |
Experience | 1 – 3 Years |
Location | Dubai |
Qualification | Accountancy(Accountancy) |
Posted | 14 November 2024 |
Job Type | Full-Time |
Posted by | Habeebi Recruiter |
last date to apply | apply within 15 days |
Key Responsibilities
1. Accounts Payable and Receivable Management
The Assistant Accountant manages the accounts payable and receivable processes, which involve recording incoming and outgoing payments, monitoring invoices, and ensuring timely collection of outstanding balances. This role includes verifying payment details, matching receipts with transactions, and maintaining clear records to streamline future audits.
2. General Ledger Maintenance
Maintaining the general ledger is a critical responsibility, requiring the Assistant Accountant to accurately record transactions and adjust entries as needed. This involves tracking expenses, revenue, and assets while ensuring compliance with company policies. Regular maintenance of the general ledger supports a structured and accessible financial overview, enabling the company to make informed financial decisions.
3. Financial Data Entry and Reporting
Data accuracy is vital to the role of Assistant Accountant, who is responsible for entering and updating financial records with precision. This includes inputting data into accounting software, generating routine reports, and assisting in the preparation of financial statements. By ensuring data accuracy, the Assistant Accountant helps maintain a reliable financial foundation for analysis and planning.
4. Assistance in Budget Preparation and Analysis
The Assistant Accountant collaborates with senior accountants to assist in budget preparation and analysis. This involves gathering data, reviewing spending trends, and providing input on financial forecasts. This support role is crucial for creating realistic budgets and identifying cost-saving opportunities, aligning with the company’s strategic financial goals.
5. Bank Reconciliations
Monthly bank reconciliations are an essential part of this role, helping to identify discrepancies between bank statements and company records. By promptly resolving any issues, the Assistant Accountant ensures that financial records remain accurate and up to date. This task also provides insights into the company’s cash flow, which is essential for planning and budgeting.
6. Compliance and Documentation
The Assistant Accountant must ensure that all accounting activities comply with financial regulations and internal policies. This involves preparing documentation for audits, supporting tax filing procedures, and organizing financial records. Adherence to compliance standards safeguards the company from legal risks and ensures transparency in financial practices.
Qualifications and Skills
An Assistant Accountant should have a strong foundation in accounting principles, proficiency in accounting software, and attention to detail. Analytical skills, organizational abilities, and a commitment to accuracy are essential for success in this role. Familiarity with compliance standards and a capacity for working in a fast-paced environment are also valuable.
How to apply:
Send your updated resume to our email or directly reach us at our phone:
Email: uips-info@uips.ae
Phone: +97142543888