Junior Accountant
3 months ago
The Junior Accountant will work closely with the senior management to support financial decision-making and improve business operations.
**Key Responsibilities**:
**Daily Accounting Operations**:
- Record, classify, and summarize financial transactions and events in accordance with **Tally ERP**.
- Perform bookkeeping tasks, such as maintaining accurate general ledgers and preparing adjusting journal entries.
- Reconcile ledgers, and accounts receivable/payable balances.
- Maintain cash flow records and prepare daily/weekly/monthly reports on financial status.
**Accounts Payable/Receivable Management**:
- Process invoices, expense reports, and payment requests accurately and in a timely manner.
- Verify, allocate, post, and reconcile accounts payable and receivable.
- Monitor vendor accounts to ensure payments are up to date and properly recorded.
- Handle petty cash management and reconciliation.
**Bank Reconciliations & Payment Processing**:
- Reconcile daily bank statements to ensure the accuracy of cash flow.
- Process daily, weekly, and monthly payments for vendors, staff salaries, and other liabilities.
- Follow up on discrepancies between records and external reports, and resolve issues proactively.
**Month-End and Year-End Close Processes**:
- Assist in preparing **monthly, quarterly, and annual financial statements** and management reports.
- Collaborate in the closing of accounts at month-end and year-end, including verifying balances, journal entries, and completing supporting documents.
- Prepare and adjust entries to ensure accurate end-of-period financial results.
**VAT Filing and Compliance**:
- Ensure timely and accurate filing of VAT returns as per UAE regulations.
- Maintain proper documentation for VAT audits and ensure compliance with all local regulations.
- Assist in the preparation and submission of tax and other statutory filings.
**Audit Support**:
- Assist external auditors in auditing activities by providing necessary financial data and documents.
- Handle audit queries and ensure that audit documentation is accurate and complete.
- Ensure internal controls are enforced, and improvements are suggested where necessary.
**Administrative and Compliance Tasks**:
- Maintain accounting records, systems, and files to ensure efficient retrieval.
- Support finance and management teams with ad-hoc financial reports and queries.
- Ensure compliance with internal policies, company regulations, and government mandates.
**Qualifications**:
- A bachelor’s degree in Accounting, Finance, or a related field.
- Professional certification (CPA, CMA, or ACCA) would be a plus.
- Proficiency in **Tally ERP** is a must.
- Strong knowledge of **Microsoft Office Suite**, especially **Excel** (vlookups, pivot tables, etc.).
- Basic understanding of accounting software such as QuickBooks or SAP is advantageous.
**Experience**:
- Minimum of 1-2 years of relevant accounting experience.
- Prior experience working with **Tally** for financial transactions and reporting.
- Familiarity with UAE VAT filing and compliance will be an advantage.
**Personal Competencies**:
- High attention to detail and excellent analytical skills.
- Ability to prioritize tasks and meet deadlines under pressure.
- Strong communication skills, both written and verbal.
- Team player with the ability to work independently and take initiative.
- Strong ethical conduct, maintaining confidentiality and integrity.
Pay: AED3,500.00 per month
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