Junior Accountant

About the Company

Our client is a cable manufacturing company operating in Dubai, UAE, offering a diverse range of electrical and specialty cables such as low-voltage, medium-voltage, solar, and instrumentation cables catering primarily to power and infrastructure sectors.

Role Overview

We are seeking a meticulous Junior Accountant responsible for managing daily accounting activities, overseeing bank transactions, reconciling financial data, and assisting with monthly financial reporting. The ideal candidate will have a solid foundation in accounting principles, working capital management, and financial reporting, preferably within a manufacturing context.

Key Responsibilities

• Handle accounts payable by verifying and recording purchase invoices related to raw materials, consumables, packaging, and capital expenditures, ensuring correctness and proper documentation.
• Manage accounts receivable through customer invoicing, tracking outstanding payments, pursuing overdue accounts, and maintaining accurate customer financial records.
• Process bank transactions including payments and receipts, conduct regular bank reconciliations, and accurately document all bank activities.
• Facilitate coordination with banks for issuing, amending, renewing, and tracking Letters of Credit and Bank Guarantees along with their associated documentation.
• Monitor cash balances, prepare cash flow and fund flow statements, and assist in planning for working capital needs.
• Compile monthly Management Information System (MIS) reports, oversee material accounting, and perform reconciliations between inventory financial data and stock or purchase records.
• Support monthly, quarterly, and annual closure procedures by preparing ledger reviews, balance sheet schedules, and facilitating finalisation of accounts.
• Maintain precise accounting records to support both internal and external audits.
• Develop financial reports, dashboards, and management presentations utilizing advanced Microsoft Excel functionalities and presentation tools.

Key Requirements

• Bachelor's degree in Accounting, Finance, or Commerce; professional accounting certifications are advantageous.
• Between 5 to 8 years of pertinent accounting experience, ideally within manufacturing, trading, or industrial sectors.
• Comprehensive understanding of accounts payable, accounts receivable, banking reconciliations, Letters of Credit and Bank Guarantees, cash flow management, and month-end closing processes.
• Preferably skilled in material accounting and inventory reconciliation relevant to manufacturing financial operations.
• Proficiency in MS Excel including use of formulas, lookup functions, PivotTables as well as competence in creating polished financial presentations.
• Excellent analytical capabilities, keen attention to detail, and the aptitude to adhere to strict reporting deadlines.

Additional Information

• Salary Package: Fixed salary ranging from AED 4000 to 5000 per month.
• Benefits include accommodation, transportation, and other perks covered by the employer.