Accountant Treasury

4 weeks ago


Ras alKhaimah, United Arab Emirates Utico FZC Full time

Job Location: Ras Al Khaimah, UAE

**Job Summary**:
**Key Roles & Responsibilities**:

- Executes all monthly general ledger procedures including journal entry preparation, discrepancy resolution, and account analysis for UTICO’s respective business unit:

- Entering direct journal vouchers (e.g. related to Payroll) Reconciling Sub ledgers with General Ledger.
- Informs and follows up with the Manager if reconciliation between general ledgers accounts and subsidiary ledgers are not met.
- Records all adjusting, closing and reversing entries to attain reconciliation in such cases (after the requisite approval)
- Performs daily reconciliation between banks accounts (all currencies) as per the bank statement and own records of treasury transactions.
- Conducts periodic, maturity analysis for the lines of credit obtained by Utico Group and updates the manager to ensure the availability of funds to meet the matured amount.
- Executes as per the policies for hedging strategies and for managing foreign currency requirements.
- Directs the cash balances available in Utico Group's various (Banks/Correspondences) accounts by all currencies and performs the re-allocation of funds to ensure that the optimum return on the Utico Group's funds is always attained
- Executes all monthly accounts payable procedures including preparing journal vouchers and batches for entry of payment transactions (payments, debit notes, credit notes, invoices) related to accounts payable into General Ledger with respect to all the purchases, expenses and goods outwards:
**Required Qualifications, Experience and Skills**:

- A minimum of 2 to 4 years of experience in a similar role.
- Preferably in infrastructure projects
- Water, Power etc.
- Excellent research, analytical, and problem-solving skills.
- GCC experience will be advantageous.
- Knowledge of International Accounting Standards.
- A strong treasury background.
- Excellent IT skills (MS Office Suite) & ERP system knowledge.

Ability to commute/relocate:

- Ras al-Khaimah: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- Accounting (preferred)


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