Job Title: Accounts Manager
Location: Dubai
Work Type: Permanent, Full-Time
Salary: 5,000 – 7,000 AED
Visa: Employment Visa
Client Overview:
Our client is a leading event management and entertainment agency in the UAE with over 20 years of experience. They specialize in delivering end-to-end solutions for diverse events, offering services from event production to digital solutions and creative studios.
Job Overview:
We are seeking a highly skilled and detail-oriented Accounts Manager to oversee the financial operations of our company. The ideal candidate will have a strong background in accounting and finance, coupled with excellent analytical abilities and a comprehensive understanding of UAE financial regulations.
Responsibilities:
Accounting Operations and Financial Reporting
- Oversee daily accounting activities, including verifying cash and bank payments.
- Perform regular scrutiny of accounting ledgers on a weekly, monthly, and yearly basis.
- Complete monthly bank reconciliations and prepare Management Information System (MIS) reports by the 8th of each month.
- Prepare various ad-hoc financial reports as required by senior management.
- Finalize statutory accounts in compliance with UAE regulations and local laws.
Procurement and Vendor Management
- Manage procurement processes, negotiate best rates from suppliers, and establish favorable credit terms.
- Manage correspondence with vendors to resolve issues and ensure smooth payment processes.
- Perform creditors and debtors reconciliations and follow up on outstanding payments.
Payroll and Compliance
- Prepare and process salary/payroll using WPS or similar payroll systems.
- Handle VAT filing and returns, ensuring timely compliance with UAE tax regulations.
- Support the annual statutory audit process and liaise with auditors for timely completion.
Financial Planning and Budgeting
- Assist in the creation and implementation of financial plans and budgets.
- Oversee cash flow management and ensure accurate financial reporting.
- Manage the credit function, maintaining effective control of receivables.
- Act as a backup for petty cash management, including releasing cash for reimbursements and travel advances.
Requirements:
- Up to 5 years of experience in accounting or finance, with at least 2 years in the UAE.
- Proven knowledge of financial analysis, reporting standards, and tax regulations in the UAE.
- Proficiency in FOCUS Accounting System.
- Strong negotiation skills and experience working with multiple entities in a group of companies.
- Excellent verbal and written communication skills in English.
- Demonstrated ability to analyze complex financial data and provide strategic insights.
- Tech-savvy, with a strong understanding of modern accounting software and digital integration.
- Bachelor’s degree in Commerce or a related field.
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