Accounts Executive - (UAE Accounting)

We are currently hiring Accounts Executives and Accounts Manager For UAE Based client (Remote Work)

Location - Fort (CST/Churchgate)

Experience Required: 3-5 years of accounting experience, preferably with Gulf-region exposure

Job Description

1. Financial Transactions & Record-Keeping:

- Maintain accurate and up-to-date records of all financial transactions.

- Process vendor invoices, customer receipts, and employee reimbursements.

- Ensure timely posting of journal entries and reconciliation of ledgers.

2. Accounts Reconciliation:

- Reconcile bank statements, credit card transactions, and intercompany accounts.

- Monitor discrepancies in accounts and resolve them promptly.

- Conduct monthly and yearly closing activities, ensuring accuracy.

3. Accounts Payable & Receivable Management:

- Process and monitor vendor payments and maintain strong supplier relationships.

- Track accounts receivable, ensuring timely invoicing and collections.

- Prepare aging reports and coordinate with clients for overdue payments.

4. Taxation & Compliance:

- Assist in the preparation and filing of UAE VAT returns.

- Ensure compliance with Gulf-region tax regulations and financial standards.

- Prepare supporting documentation for audits and liaise with auditors.

5. Budgeting & Expense Management:

- Assist in the preparation of budgets and monitor expense allocations.

- Generate periodic financial reports for budget variance analysis.

- Provide cost-saving recommendations based on expense trends.

6. Payroll Processing Support:

- Process payroll, including salary calculations, deductions, and end-of-service benefits.

- Ensure compliance with WPS (Wage Protection System) requirements.

- Maintain accurate employee payment records.

7. Reporting & Financial Analysis:

- Prepare detailed financial reports and summaries for internal and client review.

- Assist in generating cash flow statements and profit & loss analyses.

- Support management with ad-hoc financial data requests.

8. Administrative Support:

- Manage petty cash and maintain proper documentation for reimbursements.

- Organize and maintain financial documents and records for easy retrieval.

Skills & Qualifications:

Education:

- Bachelors degree in Accounting, Finance, or related field.

Technical Skills:

- Proficiency in accounting software such as Xero, QuickBooks, or similar platforms.

- Advanced knowledge of Microsoft Excel for data analysis and reporting.

- Familiarity with UAE VAT laws and WPS.

Soft Skills:

- Strong attention to detail and accuracy.

- Effective communication and interpersonal skills.

- Problem-solving mindset and ability to work under tight deadlines.

Preferred Experience:

- Experience working with Gulf clients or in the UAE market.

- Exposure to handling financial audits and compliance activities.

Languages:

- Fluent in English

Work Environment:

The Accounts Executive will work closely with the finance team and external stakeholders, contributing to the smooth operation of financial activities. The role requires adherence to Gulf-region compliance and the ability to manage multiple financial tasks in a fast-paced environment.

This position offers growth opportunities, exposure to diverse financial operations, and the chance to work with a prominent client in the UAE.