Junior Accountant

We are seeking a detail-oriented and experienced Accounts Receivable Specialist to join our dynamic team. The successful candidate will be responsible for managing the accounts receivable operations, performing bank reconciliations, overseeing credit control procedures, and ensuring compliance with IAS and IFRS standards. Proficiency in Microsoft Excel, including advanced functions like matching formulas, and pivot tables, is essential for success in this role.

Key Responsibilities:

• Accounts Receivable Operations:
• Manage and monitor accounts receivable activities, ensuring timely invoicing and payment collection.
• Process and reconcile incoming payments accurately and on time.
• Prepare and send statements of account to clients and follow up on overdue accounts.
• Credit Control:
• Conduct credit assessments and establish credit limits for new and existing clients.
• Monitor and manage the aged debtors’ report, ensuring that all outstanding debts are collected.
• Identify and address potential credit risks, recommending action plans to minimize bad debts.
• Liaise with clients to resolve any discrepancies or issues regarding payments and invoices.
• Bank Reconciliations:
• Perform daily, weekly, and monthly bank reconciliations, ensuring all transactions are accounted for and discrepancies are resolved.
• Ensure that all cash receipts are recorded accurately and matched against the correct invoices.
• Maintain up-to-date records of all bank transactions and prepare related financial reports.
• Compliance with IAS/IFRS:
• Ensure that all accounts receivable and financial reporting activities comply with International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS).
• Stay updated on changes in IAS/IFRS regulations and apply them to relevant accounting procedures.
• Assist in preparing financial statements and reports in accordance with IAS/IFRS requirements.
• VAT/TAX Control:
• Ensure that all accounts receivable and financial reporting activities comply with VAT Authority as per UAE LAW.
• Create and maintain detailed spreadsheets to track accounts receivable, monitor outstanding balances, and generate reports.
• Assist in automating routine tasks using Excel formulas and tools to improve efficiency.

Desired Candidate Profile

Qualifications:

• Bachelor’s degree in accounting, Finance, or a related field ACCA, CMA or any certification is plus.
• Proven experience in accounts receivable, credit control, and bank reconciliations.
• Strong understanding of accounting principles and financial regulations, with expertise in IAS and IFRS.
• Advanced proficiency in Microsoft Excel, and pivot table functions.
• Excellent analytical skills and attention to detail.
• Strong communication skills with the ability to interact professionally with clients and internal teams.
• Ability to work independently and manage multiple tasks effectively.
• Experience with accounting software (e.g., QuickBooks, SAP, Oracle) is a plus.

Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com

Transline Cargo was established to provide innovative and customer centric Freight Forwarding solutions, we believe in investing for the future and core to our success is our People, infrastructure and Information Technology.The way we bring success to our customers business is also in the reinvestment, and evaluation of our business processes and managing the constant changing environment by becoming an extension of their business, by offering dedicated a team member which will listening to your needs and requirements. Transline cargo offers to all customers affordable price whether is air freight or sea freight.