Financial Analyst

Financial Planning

• Collaborate with management to develop financial plans and strategies to achieve the Company’s goals

Billing And Invoicing

• Prepare and issue invoices to customers accurately and timely
• Verify discrepancies and resolve clients’ billing issues
• Maintain updated records of invoices, contracts, and other billing documents

Collections

• Monitor accounts receivable aging to ensure timely collections
• Contact clients to follow up on outstanding payments
• Negotiate payment plans and terms with delinquent customers, if necessary

Cash Reconciliation

• Apply cash receipts to appropriate customer accounts promptly and accurately
• Reconcile discrepancies between invoiced amounts and payments received
• Reconcile petty cash transactions regularly to ensure accuracy and completeness

Inventory Management

• Monitor and record inventory transactions including purchases, usage, and adjustments
• Maintain accurate inventory records and reconcile discrepancies
• Perform regular physical inventory counts and audits to ensure inventory accuracy
• Monitor and report on slow-moving or obsolete inventory
• Calculate and maintain accurate costs for inventory items (e.g., FIFO, LIFO, weighted average)

Reporting And Analysis

• Prepare financial analysis to management (e.g., financial statements, pricing analysis, AR/Inventory aging reports and other financial reports as needed)
• Analyse accounts receivable, inventory, petty cash data to identify trends and potential issues
• Provide insights and recommendations to improve cash flow, reduce bad debt and slow-moving or obsolete inventory
• Prepare and submit petty cash reports and reconciliations

Relationship Management

• Build and maintain strong relationships with customers, suppliers and internal stakeholders
• Respond to customer or supplier inquiries and resolve issues promptly and professionally

Tax Compliance And Audit Support

• Ensure compliance with the UAE Tax regulations by preparing and filing tax returns accurately and on time
• Internal and external controls: assist in preparation and coordination with auditors by providing documents and explanations
• Ensure compliance with the Company’s policies and procedures

Skills And Qualifications

• Bachelor’s degree in accounting, Finance or relevant field
• 3 to 5 years’ experience as an accountant or related field
• Advanced MS Excel skills for data analysis and reporting (financial modelling is preferred)
• Proficiency in accounting software
• Strong analytical skills with attention to detail and accuracy in tracking and reconciliation
• Strong understanding of IFRS and financial reporting principles
• Effective communication and interpersonal skills
• Commitment to maintain confidentiality of financial information