Provide accounting services to companies and prepare statutory financial accounts. This includes the preparation of financial and taxation reports, forecasting, and management reporting that will support business decisions.
Month-end account closing activity: Responsible for the passing of month-end journal entries and for ensuring appropriate accounting of revenues, expenses, assets, and liabilities for the UAE Region.
For review by the line manager, prepare separate and consolidated financial reports for UAE entities within the given timeframe IFRS.
Preparation of inter-company reconciliation: Responsible to prepare inter-company reconciliations on a monthly basis, as well as for accounting inter-company transactions. After the books have been closed, responsible for collecting inter-company confirmations and the collection of ledgers from group companies.
Monthly accounts scrutiny: Monthly inspection of the ledger accounts before closing the accounts for the month. The rectification entry is used to correct any errors discovered during the scrutiny. Monitoring the monthly balance sheet and P&L items is also part of your responsibility.
Before submission to FTA, preparation of VAT returns for review by the line manager.
Journal vouchers: The journal entry records, in addition to the drafting of month-end journal vouchers and the allocation of costs, utility fees, inter-departmental transfer manpower, and services.
Preparation and updating of schedules: Updating the schedules monthly to reflect the trial balance. Support for the UAE Region's prepaid rent and insurance. The auditors will also update the schedules on a quarterly basis.