Accountant
Posted on :
19-08-2024
Employer Active
1 Vacancy
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Job Description
We are seeking an experienced and detailoriented Accountant to join our financial team. The ideal candidate will possess at least 5 years of accounting experience in the UAE with a minimum of 3 years specifically in a school setting. This role is integral to managing the financial operations of the school ensuring compliance with regulatory requirements and supporting the financial stability and growth of our institution.
Key Responsibilities:
- Prepare and present accurate financial statements including balance sheets income statements and cash flow statements.
- Conduct financial analysis and provide insights to support decisionmaking and strategic planning.
- Develop and monitor financial performance indicators and provide recommendations for improvements.
- Oversee and manage accounts payable including verifying and processing invoices reconciling supplier statements and ensuring timely payments.
- Manage accounts receivable including invoicing students/parents tracking outstanding payments and managing collection efforts.
- Reconcile bank statements and ensure all financial transactions are accurately
- Maintain meticulous financial records ensuring all transactions are accurately documented and filed.
- Ensure compliance with accounting standards and internal control procedures.
- Prepare and organize documentation for audits and regulatory reviews.
- Assist in the preparation of annual budgets including forecasting revenue and expenses.
- Monitor budget performance and variance analysis providing regular updates to management.
- Support the development of financial plans and forecasts to align with strategic goals.
- Ensure adherence to UAE financial regulations tax laws and school policies.
- Coordinate and support internal and external audits preparing necessary documentation and addressing any findings.
- Implement and maintain effective internal controls to safeguard school assets.
- Oversee the payroll process ensuring accurate and timely processing of salaries benefits and deductions.
- Manage employee records related to payroll including tax forms and benefit enrollments.
- Utilize accounting software and systems effectively ensuring data accuracy and system integrity.
- Develop and implement financial procedures and policies to improve efficiency and accuracy.
- Provide training and support to staff on financial procedures and systems.
- Collaborate with other departments to provide financial insights and support for operational needs.
- Assist in financial planning for school events projects and initiatives.
- Respond to financial inquiries from staff management and external stakeholders.
Requirements
- Experience: Minimum of 5 years of professional accounting experience in the UAE with at least 3 years in an educational institution or school setting.
- Education: Bachelor s degree in Accounting Finance or a related field. A professional accounting qualification (e.g. CPA ACCA) is highly desirable.
Employment Type
Full Time
Key Skills
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