Accountant (UAE Branch)

REQUIRED IMMEDIATELY

SV Companies is seeking a motivated Accountant to support the Finance Department with daily accounting operations. As part of a dynamic team, you will contribute to maintaining accuracy and transparency in the company’s financial records.

The ideal candidate will have a solid understanding of accounting principles, UAE VAT regulations, and proficiency in MS Excel, along with strong analytical skills. The Accountant will report directly to the Finance Manager and must be capable of working independently and proactively in a fast-paced office environment.

We offer opportunities for career growth for the right candidate, along with a competitive salary. Additionally, your role will include the following key responsibilities:

Accounts Payable:

Records expenses to accounts and cost centers by analyzing invoices or expense reports
Prepares and process invoice payments by matching and verifying documentation
Monitor vendor accounts to ensure payments on due dates
Reconcile vendor accounts against statement of accounts and respond to inquiries
Perform cash, credit cards and bank reconciliation
Records and perform reconciliation of purchase orders, invoices and actual goods receipt, and ensure discrepancies are properly accounted for
Ensure comprehensive recording of stocks, freight, clearing, duties and expenses to accurately calculate the total landed cost. Allocate these expenses appropriately to stocks for accurate inventory costing
Checks invoices against declared value in Customs and records bill of entries for imported goods
Records and reconciles intercompany reimbursements and disbursements

Accounts Receivable:

Checking completeness and accuracy of invoices and credit notes
Records payments received from customers against their respective invoices. Reconcile discrepancies and resolve any issues related to the payment application
Send statement of accounts to customers after month-end or whenever as requested by customer
Follow up payments on overdue accounts to sales team and directly to customers
Create credit notes for free items (FOC). sales returnds, sales rebates and other deductions
Match verified returns against return voucher slips from customs and communicates with sales team and inventory any discrepancy
Generates AR aging reports to provide insights into the AR status

Reporting & Compliance:

Prepare and analyze financial statements, including balance sheets and income statements
Records prepayments, monitor, update and amortize monthly expenses
Records fixed assets and monthly depreciation expenses, and ensure all relevant information about asset acquisitions and disposal is accurately recorded
Collaborate with internal departments and external customers and suppliers to resolve issues related to invoices, payments, returns and other discrepancies
Update expense cost centres as necessary
Provide supporting documents for audit
Ensure compliance with all relevant laws and regulations
Develop and implement financial policies and procedures

You should possess the minimum criteria listed below:

Bachelor’s degree in Accounting or Finance
Minimum 3 years of experience in accounting/finance in UAE or GCC
Excellent knowledge of accounting principles and practices
Strong analytical and problemsolving skills
Attention to detail and accuracy
Experience with Zoho Books
Ability to work independently and manage multiple tasks and priorities
Excellent communication and interpersonal skills
Knowledge of relevant laws and regulations in GCC

To know more about our company, please visit our website https://www.sv-companies.com

An attractive remuneration package will be offered to the ideal candidate depending on your experience and capabilities.
If you think you meet the above requirements and are interested to join our growing team, please apply online here: application form

Only online applications will be accepted. Applications by email will not be considered. Only shortlisted candidates will be contacted.

Closing Date: 30 November 2024