Cost Accountant

Al Majara Polychem Industries LLC, a prominent chemical manufacturing company based in Dubai, is seeking a skilled and experienced Cost Accountant to join our finance team. The ideal candidate will have 2 - 3 years of experience in cost accounting and will be responsible for analyzing and managing cost expenditures to ensure the financial efficiency and profitability of our operations.

Responsibilities:

1. Cost Accounting (Required):
   • Analyse and allocate costs to specific departments, projects, or products.
   • Prepare cost reports and variance analyses.
   • Support budget development and monitoring.
2. Day-to-Day Accounting Entries:
   • Financial Data Entry and General Bookkeeping
   • Prepare receipts, payment, vouchers, invoices, etc. on the ERP System.
   • Record all financial transactions accurately and timely.
   • Reconcile bank statements and other accounts.
   • Maintain general ledger balances.
3. Accounts Payable:
   • Process invoices for payment according to company policy.
   • Manage vendor relationships and communication.
   • Ensure timely payments and maintain positive vendor relationships.
4. Accounts Receivable:
   • Issue invoices and manage customer accounts.
   • Collect payments and follow up on delinquent accounts.
   • Apply cash receipts accurately and timely.
5. Payments & Receipts:
   • Process and record all incoming and outgoing payments.
   • Manage petty cash and other cash-handling procedures.
   • Ensure compliance with internal controls and financial regulations.
6. Online Attestations:
   • Complete online tasks and submissions for tax authorities or other regulatory bodies.
   • Ensure timely and accurate filing of necessary reports.
7. Month-End Tasks:
   • Perform monthly closing procedures, including accruals, prepayments, and adjustments.
   • Compile and analyze financial statements and reports.
   • Communicate financial results to management.
8. VAT Payable:
   • Calculate and record VAT payable and recoverable amounts.
   • Prepare VAT Returns & VAT Filing.
   • Stay updated on changes in VAT regulations.
9. Management Reports:
   • Prepare and analyse financial reports for management decision-making.
   • Identify trends and provide insights into the financial performance of the company.
   • Communicate complex financial information clearly and concisely.
   • Assist with Financial Audit.
10. Administrative Tasks:
    • Maintain accounting files and records.
    • Assist with other tasks assigned by the Finance manager.

Qualifications:

1. Bachelors degree in accounting, Finance, or related field.
2. Proven experience working as a cost accountant or in a similar role.
3. Proficiency in accounting software and MS Office suite.
4. Strong understanding of accounting principles and regulations.
5. Excellent analytical and problem-solving skills.
6. Ability to work independently and as part of a team.
7. Exceptional attention to detail and accuracy.
8. Excellent communication and interpersonal skills.

Job Types:

Full-time, Permanent

Ability to commute/relocate:

Dubai: Reliably commute or planning to relocate before starting work (Required)

NOTE: Please apply only if you have cost accounting experience.

Job Type: Full-time

Pay: From AED3,500.00 per month

Application Question(s):

1. What is your Visa type? We need only visit visa holders. If not, kindly do not apply.

Experience:

cost accounting: 2 years (Required)