Record day-to-day financial transactions, including purchases, disbursements, receipts, and sales.
Maintain precise and up-to-date financial records using accounting software.
Reconcile bank statements, credit card statements, and other financial statements.
Assist in day-to-day banking activities.
Generate various financial reports such as accounts payable aging, accounts receivable aging, etc., regularly for management review and further processing.
Ensure financial statements are prepared in compliance with UAE accounng standards and International Financial Reporting Standards (IFRS).
Collaborate with department heads to develop annual budgets and financial forecasts.
Monitor budget performance, identify variances, and implement cost control measures to achieve financial goals.
Demonstrate thorough knowledge of Letter of Credit (Import/Export) and in-depth understanding of import and export documentation.
Provide meaningful insights and recommendations to senior management for key financial decisions.
Coordinate external audits and liaise with auditors to ensure smooth audit processes.
Ensure compliance with UAE tax regulations, including VAT filings, and other statutory requirements.
Collaborate with external tax consultants to optimize the company's tax posion and minimize tax liabilities.
Identify inefficiencies in financial processes and propose improvements.
Implement best practices to enhance the accuracy and efficiency of financial operations.
Proficiency in financial software and ERP systems, with a strong aptude for data analysis.