General Accountant

Overview

Position: General Accountant
Location: Ras Al Khaimah, United Arab Emirates

1.    Manage all accounting transactions (from fixed payments and variable expenses to bank deposits and budgets), within Tally and E-resources ERP system.
2.    Taking accountability for correct entries and reports. Track payments to internal and external stakeholders, negotiate fees and ensure timely payments, and no late penalties or fines.
3.    Reconcile accounts payable and receivable. Handle monthly, quarterly, and annual closings.
4.    Ensure timely bank and other payments, reconciliation of statements, and maintain correct balances in the account.
5.    Prepare budget forecasts, and publish financial statements on time.
6.    Compute taxes and prepare tax returns for ASI, Loyal, and group of companies (VAT, Corporate, etc.)
7.    Manage balance sheets, and profit/loss statements, and report on the company’s financial health and liquidity.
8.    Conduct and assist with the full audit process, financial transactions, and documents.
9.    Implement cost control measures to optimize expenses and enhance operational efficiency.
10. Monitor and analyze manufacturing costs, including raw materials, labor, and overheads, to identify cost savings.
11. Expense controls, Budgeting and Projection model, Cash flow management.
12. Ensure accurate and timely preparation of financial statements, e.g. income, balance sheets, and cash flow.
13. Maintain compliance with relevant accounting standards, tax regulations, and reporting requirements.
14. Coordinate with external auditors and regulatory authorities for audits and statutory filings.
15. Manage cash flow effectively to meet operational needs and financial obligations.
16. Forecast cash requirements and develop strategies to optimize working capital and liquidity.
17. Evaluate financing options and manage relationships with banks and financial institutions.
18. Identify financial risks and develop mitigation strategies to safeguard company assets.
19. Implement internal controls and procedures to ensure compliance and minimize financial risks.
20. Monitor market trends and economic conditions to anticipate potential risks and opportunities.
21. Assist with incentive plan and targets, product margin analysis, and Sales Order Margin Analysis.
22. Pricing strategy, identify opportunities to increase margin and growth.
23. Purchase plan and Purchase Margin Analysis.
24. Develop and maintain a cost accounting system (project cost-wise).
25. Recommend selling price guidance (based on market prices).
26. Determine profitability every month and item-wise.
27. Forecasted Production plan on actual vs. variance report.
28. Foster a culture of accountability, collaboration, and continuous improvement within the finance department.

Kindly send your resume and kindly mention the position you are applying for. Thank you.