Junior Finance Officer Dubai UAE

Position: Junior Finance Officer

Date posted: 2022-04-01

Industry: Consultancy

Employment type: Full Time

Experience: 2 to 3 year

Qualification: B.Com/ M.com & CA-Inter / ACCA

Salary: AED 4000 to 6000

Location: Dubai, United Arab Emirates

Company: Alyom Services Human Resources Consultancy

Description:

Alyom Services Human Resources Consultancy is hiring for Junior Finance Officer must have manufacturing industry background.

Qualifications:

(B.Com/ M.com & CA-Inter / ACCA) equivalent standard of educational qualifications from other countries will be considered

Desirable knowledge and skills:

At least 2-3 years’ work experience within similar profile

At least 0-1 years’ industry experience.

Principle accountabilities, role and responsibilities:

• Checking Letter of Credit (LC)
• Preparation of Export LC documents
• Coordination with the banks for the LC presentation after getting the confirmation form Finance Manager
• Ensure the LC’s are prepared and submitted to the banks without any discrepancies
• Track the LC’s and payments.
• Managing Accounts Receivables
• Receive, record, and accurately process invoices in line with delegated authority; including recalculating of price extensions, due dates, discounts, VAT, account codes and payment
• Process authorized employee reimbursement requests
• Ensure all VAT is accounted for correctly to maximize VAT reimbursement
• Work closely with Finance Officer to continuously develop accounting codes
• Supporting the Finance Officer on monthly reconciliation of all Accounts Payable and Creditor ledgers balances (with nominal ledger control account) in line with published monthly timetable
• Controls and maintains the purchase ledger systems; producing reports for Financial Accountant to monitor accruals and prepayments effectively.
• To maintain the integrity of all (existing and new) suppliers in line with company policies and procedures and report discrepancies to senior management
• To ensure segregation of duties always to ensure minimal risk of data manipulation and errors
• Produce timely supplier payment runs in line with payment terms, with robust detailed back up schedules
• Step in for Finance Officer in their absence
• All ad hoc tasks and projects designated by the Finance Manager.