Junior Accountant

Company Description

Real estate investment fund.

Role Description

This is a full-time on-site role for an Accountant, located in Dubai. The Accountant will be responsible for managing financial transactions, maintaining general ledger accounts, preparing financial statements, reconciling accounts, ensuring compliance with financial regulations, and supporting audits. The role also involves monitoring budgets, analyzing financial data, and providing financial insights to support decision-making.

Responsibilities:

Daily Financial Operations

• Record and post daily financial transactions in the accounting system (payments, receipts, transfers, expenses).
• Maintain accurate and up-to-date accounting records in compliance with company policies.
• Verify supporting documents for all financial entries.
• Monitor daily cash flow and working capital movements.
• Ensure proper filing and documentation of financial records.

Bank Management & Reconciliation

• Download and review daily bank statements from all company bank accounts.
• Perform daily/weekly/monthly bank reconciliations.
• Investigate and resolve discrepancies between bank statements and accounting records.
• Monitor cheque deposits, post-dated cheques, and returned cheques.
• Track bank charges, interest, and foreign exchange differences.
• Coordinate with banks regarding account issues, confirmations, and documentation.
• Maintain updated records of bank facilities, guarantees, and letters of credit (if applicable).

Accounts Reconciliation

• Reconcile general ledger accounts on a regular basis.
• Perform monthly reconciliation of:

-Accounts Receivable

-Accounts Payable

-Advances and Prepayments

-Intercompany Accounts

-Employee Advances

-Identify and correct posting errors and unmatched balances.

-Prepare reconciliation reports for management review.

-Reconciliation to ERP and banks.