General Accountant-Dubai

Responsibilities

1. Record all financial transactions
2. Accounts payable and receivable
3. Monthly and annual financial reports
4. Budgeting and Forecasting
5. Variance analysis
6. Cost Accounting
   1. Track project costs: For each interior design or furniture project, track costs related to materials, labor, overhead, and other expenses.
   2. Analyze profitability: Calculate the gross margins on various projects and identify areas for cost reduction or increased efficiency.
   3. Inventory management: Monitor raw material and furniture inventory, ensuring that stock levels are appropriate, and accounting for any waste or spoilage.
7. Tax Management
   1. Sales tax and VAT: Ensure the firm complies with local sales tax, VAT, and other tax regulations, collecting and remitting taxes as required.
   2. Income tax: Prepare and file corporate income tax returns and manage any other tax obligations.
   3. Tax planning: Work with external tax advisors to ensure that the firm minimizes tax liabilities and takes advantage of available deductions.
8. Payroll Management
   1. Salary and wage processing: Ensure that employees are paid accurately and on time, including tax withholdings and deductions.
   2. Employee benefits: Track and manage employee benefits (e.g., health insurance, retirement plans), ensuring compliance with company policies and government regulations.
   3. Overtime and bonuses: Accurately calculate any overtime, commission, or bonuses based on company policies.
9. Cash Flow Management
   1. Monitor cash flow: Keep track of incoming and outgoing cash to ensure the firm maintains sufficient liquidity for operations.
   2. Bank reconciliations: Regularly reconcile company bank statements to ensure that all transactions are accounted for and there are no discrepancies.