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Job Description

Our company is seeking a skilled and detail-oriented Financial Accountant to join our team in Dubai, UAE. The ideal candidate will have a minimum of 2 years of experience in financial accounting and possess strong analytical and problem-solving skills. The Financial Accountant will be responsible for managing all aspects of financial accounting, including preparing financial statements, maintaining general ledger accounts, and reconciling bank statements. The successful candidate will also be responsible for analyzing financial data and providing recommendations to improve financial performance. This role requires a high level of accuracy and attention to detail, as well as the ability to work independently and meet strict deadlines.

Responsibilities:

·      Financial Reporting & Management: Prepare accurate monthly financial statements, including income statements, balance sheets, and cash flow statements. Monitor financial performance by comparing and analyzing actual results with budgets and forecasts.

·      Accounts Receivable & Payable Management: Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate GAAP standards and regulatory requirements. Maintain the accounts payable and accounts receivable systems to ensure complete and accurate records of all moneys.

·      Tax Compliance & Strategy: Ensure compliance with local, state, and federal government reporting requirements and tax filings, including VAT submissions. Develop and implement strategies to minimize tax liabilities.

·      Budgeting & Forecasting: Assist in the annual budgeting process and prepare periodic forecasts to guide business decisions.

·      Cash Flow Management: Manage the company's cash flow, including the preparation of cash flow forecasts in accordance with policy.

·      Audit & Internal Controls: Coordinate the provision of information to external auditors for the annual audit. Maintain an effective system of internal controls to safeguard financial assets of the organization.

·      Process Improvement: Continuously evaluate financial and operational processes for potential improvements and efficiencies.


. Day-to-day Tasks :

  • Entering of supplier invoices
  • Entering of travel reports for travel expenses
  • Entering bank statements
  • Preparing/Processing supplier payments
  • Processing/Entering payroll documents
  • Processing bank transfer
  • Maintaining and reconciliation of AR and AP
  • VAT accounting
  • Invoicing and Dunning
  • Cost Center Accounting
  • Local Reporting : financial statements, tax reports, etc...
  • Tax calculation + Preparation of Tax reports
  • Calculating/Maintaining/reconciling of accruals
  • Customs calculation/declaration
  • Group Reporting: Creation, commenting on Group Import file, CFU-Reporting, COPA-Reporting (Customer-Profitability based on Group Standards)
  • ITG-Reporting



Job Details

Job Location
Dubai United Arab Emirates
Company Industry
Accounting; Automotive Repair, Spare Parts, & Support Services; Financial Services
Company Type
Unspecified
Job Role
Accounting and Auditing
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
1

Preferred Candidate

Years of Experience
Min: 2 Max: 10
Residence Location
United Arab Emirates
Degree
Bachelor's degree / higher diploma
Age
Min: 24
Ferdinand Bilstein Middle East FZE logo
Ferdinand Bilstein Middle East FZE

The bilstein group is a seventh-generation, family-run group of companies with headquarters in Ennepetal, Germany. As a supplier and manufacturer, the bilstein group is a worldwide leading specialist in the Independent Aftermarket. We offer repair solutions for all common vehicle types in the car and commercial vehicle sector. The bilstein group combines a high quality standard with a strong customer focus. The internationally renowned product brands febi, SWAG and Blue Print are united under its strong umbrella. The advantage for customers and partners is that you receive everything from a single source. The sharing of competences and services means that more than 65,000 different replacement parts for all current passenger car and commercial vehicle models are offered from a single and reliable source both on the European and Asian segment. With 21 international subsidiaries and agencies in more than 170 countries, the bilstein group is one of the world's leading players in the Independent Aftermarket. This is thanks to our manufacturing competence and technical know-how.

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