Accountant | HYTORC
A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, capable, efficient, qualified, creative, and intelligent candidate with significant competency, good knowledge, and relevant working experience for the position of “Accountant”.
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| Company Name | HYTORC |
Job Requirements and Benefits:-
| Qualification | Masters Degree | Bachelors Degree | ACCA | CA | CPA |
| Experience | 6 – 8 years of Relevant Experience Required |
| Monthly Salary | 13,000 AED — 15,000 AED |
| Employment Type | Part Time | Permanent |
| Company Size | 100 – 500 Employees |
| Benefits | Medical Insurance | Performance-based Increments |
| Location | Dubai |
About the job
Founded in 1968, HYTORC is the worldwide leader in industrial bolting solutions. With over 55 years of experience focused entirely on developing new technologies for hydraulic, electric and pneumatic torque wrenches, while creating a worldwide 24/7 service network, HYTORC has become the most trusted name in the industry.
Hytorc Middle East FZE is currently searching for a UAE experienced and talented Accountant to operate as the Finance lead for our Dubai, Abu Dhabi and Saudi Arabia offices.
Key Duties
- Approve and manage accounts payable invoices for payment
- Input bank template payments and complete internal wire processing
- Calculation and verification of commission for distributors
- Manage local pricing and foreign exchange queries
- Post journal entries at month-end, including accruals, prepayments, depreciation and deferred revenue
- Prepare monthly balance sheet account reconciliations
- Prepare account analysis, identify errors, reclasses as necessary, ensure fluctuations are properly identified on reporting templates
- Prepare monthly accounting financial template for Head Office – YTD and current month financial results, including actuals versus budget – identify trends and present results to local team
- Ensure inventory is properly valued and maintained
- Maintain a monthly cash flow forecast
- Run credit checks on new customers and help to define credit terms
- Prepare month-end aging reports of AR collection activities
- Generate sales reports, by customer and by product to agree to the GL,
· Point of contact for annual audit & ensure audit is delivered by end of February timeline
Education/Experience Required:
- 10+ years experience in an accounting function within the UAE.
- Knowledge of International Financial Reporting Standards (IFRS) and local laws and reporting standards
- Bachelor’s degree in Accounting/Finance or equivalent
- Experience working with all levels of staff
Required Skills
- Confidence to present information and challenge other departments
- Excellent time management and ability to meet deadlines
- Effective organizational, problem-solving and communication skills
- Strong analytical skills
- Detail orientated and ability to own projects and manage to completion
- A willingness to support other departments with urgent tasks as needed
- A process and control mindset to manage risk, as well as to make improvements
- Proficient in ERP Software, particularly accounting software packages such as Opera and SAP
- Advanced computer skills in Microsoft Office, especially Microsoft Excel, Word, PowerPoint
- Able to complete occasional travel to Abu Dhabi and Saudi Arabia
- Can easily work swiftly between USD/AED/SAR/EUR currencies
- It is highly essential that the successful individual is able to work within a team as well as independently
Supervisory Responsibilities: None
Work Environment: Office Environment situated in Jebel Ali Freezone North. Driving license and vehicle is preferred due to the office being located within the Freezone.
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