Cost Accountant Dubai UAE

Position: Cost Accountant

Date posted: 2023-07-30

Industry: other

Employment type: Full Time

Experience: 3 to 5 year

Qualification: Bachelor’s Degree holder

Salary: AED 5000 to 6000

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

Cost Accountant required

Job Location: Dubai

Salary: AED 5000- 6000 (Negotiable, depends on experience)

Gender: Open

Nationality: Open

Qualifications:

• B.com / M.com / CA
• At least 5 years. experience as an accountant (UAE experience preferred) with strong experience in the Food and Beverage industry
• Advanced degree in accounting
• Knowledgeable of UAE Tax Law, accounting, and corporate finance principles and procedures
• Excellent user of any accounting software
• Strong attention to detail and ability to handle confidential information

In case you are interested, kindly furnish the below details along with your updated CV in Word format with the latest professional photograph.

Key Responsibilities:

• Menu costing, aggregator’s reconciliation, Bank reconciliation, Inventory management.
• Responsible for handling and monitoring daily accounting operations and transactions of restaurants’ accounting activities
• Handle accounts payable, receivable, journal vouchers, debit note, income certificates, revenue voucher checking, income audit, stock take exercises, F&B cost control, and bank balance monitoring• Assist and coordinate in internal and external audit
• Prepare monthly closing of the accounts of the Restaurants and relating monthly financial and management reports
• Prepare accurate and timely monthly payroll and record management for the Restaurants, including necessary autopay authorization form and MPF contribution documents for permanent staff and causal labour
• Handle relevant regulatory requirements of the Restaurants, including annual audit, tax filing and corporate secretarial matters
• Follow up on employee compensation and insurance
• Implementation of internal controls
• Prepare trial balance, P&L and balance sheet at the end of the financial year (Finalization of Accounts)
• Prepare month-end closing reports, projected cash flow-based budget, monthly financial report for each branch, cash flow statement, monthly cash flow actual report & projection, aging report for AR/AP
• Responsible for fixed assets register maintenance and inventory
• Manage accounts payable; validate invoice in the system and monitor payments as per agreed terms.
• Deposit revenues to respective banks.
• Control, maintain and check revenue and expenses.
• Post accruals & prepayments in the system.
• Control and hold responsible for inventory.
• Deal with the external auditor for the year-end audit report.
• This is for Dubai Based our client company.