The accountant will be responsible for managing financial records, ensuring compliance with UAE accounting standards and tax regulations, and providing financial insights to support decision-making within the organization.
Responsibilities
Financial Record Keeping:
- Maintain accurate and up-to-date financial records in compliance with UAE accounting standards.
- Record financial transactions using the approved accounting software or systems.
VAT Compliance
- Ensure compliance with the Value Added Tax (VAT) regulations in the UAE.
- Prepare and submit VAT returns in a timely manner.
- Financial Statements:
- Prepare financial statements in accordance with UAE accounting standards.
- Ensure financial statements comply with regulatory requirements.
Tax Compliance
- Stay updated on changes in local tax laws and regulations.
- Prepare and file tax returns, including corporate income tax, in adherence to UAE tax laws.
Audit Support:
- Coordinate with external auditors during the audit process.
- Provide necessary documentation and explanations related to financial transactions and statements.
Banking And Treasury
- Manage banking relationships and transactions.
- Monitor cash flow and liquidity, and prepare periodic cash flow statements.
Financial Analysis
- Analyze financial data to identify trends, cost-saving opportunities, and areas for improvement.
- Provide financial insights to support strategic decision-making.