Accountant

Job Responsibilities

1. Banking Operations:
   • Monitor bank accounts, collect details from banks, and liaise with businesses for updates.
   • Arrange fund transfers between company accounts as needed.
   • Handle banking correspondence for Letters of Credit (LC), Letters of Guarantee (LG), and other instruments.
   • Create and release approved payments via the bank portal.
   • Manage cheque collection from customers and process inward remittances.
2. General Accounting, Fixed Assets & Reconciliations:
   • Maintain accurate financial records in compliance with IFRS/GAAP and UAE tax regulations.
   • Post accounting entries, perform general ledger reconciliations, and ensure proper account classifications.
   • Manage accounts payable (AP), accounts receivable (AR), and intercompany balances.
   • Oversee Fixed Assets (FA) accounting, including capitalization, depreciation, disposals, and impairment reviews.
   • Ensure monthly reconciliations of bank accounts, fixed assets, and key financial accounts.
   • Collaborate with businesses to clear discrepancies and outstanding reconciliation items before closing.
3. Accruals & Month-End Closing:
   • Record and review accruals, prepayments, and adjustments for accurate financial reporting.
   • Support month-end and year-end closing activities, ensuring strict compliance with reporting deadlines.
   • Prepare and review journal entries with proper documentation and accuracy.
4. Reporting & Compliance:
   • Assist in the preparation of financial reports, variance analysis, and supporting schedules.
   • Ensure compliance with UAE tax regulations in all accounting and reporting activities.
   • Support internal and external audits by providing necessary documents and explanations.
   • Implement and maintain internal controls to safeguard financial integrity.
5. Other Accounting & Treasury Responsibilities:
   • Verify documents processed by the Cashier, ensuring compliance with company policies.
   • Process vouchers and invoices, assisting businesses as needed.
   • Provide leave cover for colleagues, ensuring smooth handovers before and after absence.
   • Support additional accounting and treasury tasks as directed by the Reporting Manager.
   • Prepare periodic reports as required by Finance Management.

Desired Candidate Profile

1. Bachelor’s degree in accounting, Finance, or a related field.
2. Minimum of 3 years of work experience in accounting with thorough knowledge of accounting principles and procedures.
3. Proven experience with financial analysis, month-end review, and analysis of trial balances (TB), profit & loss (P&L), and balance sheets (BS).
4. Strong knowledge of IFRS/GAAP and UAE tax regulations.
5. Proficiency in MS-Excel and Word.
6. Experience with SAP S/4 HANA or similar accounting software is a plus.
7. Excellent attention to detail, analytical skills, and the ability to meet deadlines in a fast-paced environment.
8. Strong communication and problem-solving skills.
9. Ability to work independently and as part of a team, collaborating with auditors, stakeholders, and other departments.

If you are interested in developing your career with one of the most successful and prominent group of companies within GCC, this job is for you. Please apply with your updated CV.

Kanoo Group. Many Opportunities. One Address