Reconciliation Accountant Dubai UAE
Position: Reconciliation Accountant
Date posted: 2023-10-10
Industry: Other
Employment type: Full Time
Experience: 3 to 5 year
Qualification: Bachelor’s Degree holder
Salary: AED 5000 to 10000
Location: Dubai, United Arab Emirates
Company: Lutfi Trading LLC
Description:
Hiring Reconciliation Accountant – Philippines National Only
Location: Dubai
Job Summary:
As a Reconciliation Accountant at Lutfi Group, you will play a crucial role in ensuring the accuracy and integrity of financial data by reconciling various accounts and transactions. You will work closely with the finance and accounting team to maintain clear financial records and identify discrepancies, contributing to the company’s overall financial stability and success.
Key Responsibilities:
Account Reconciliation:
- Reconcile daily, monthly, and annual financial transactions, including bank statements, sales, purchases, and inventory records.
- Investigate and resolve discrepancies, variances, and issues promptly.
Financial Reporting:
- Prepare detailed financial reports and statements, summarizing the results of reconciliations for management review.
- Assist in month-end and year-end closing processes.
Data Analysis:
- Analyze financial data to identify trends, anomalies, and potential areas of improvement.
- Provide insights and recommendations to improve financial processes and accuracy.
Communication and Collaboration:
- Collaborate with cross-functional teams, including finance, accounts payable/receivable, and operations, to ensure alignment and accuracy of financial data.
- Communicate findings and resolutions effectively to stakeholders.
Compliance and Audit:
- Ensure compliance with relevant financial regulations and company policies.
- Assist in the preparation of documents and support for internal and external audits.
- Process Improvement:
- Participate in the development and implementation of improved reconciliation processes and controls.
Software Utilization:
- Utilize accounting software and financial tools to streamline reconciliation tasks and maintain accurate records.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field. CPA certification is a plus.
- Previous experience in accounting or financial reconciliation, preferably in the e-commerce or retail industry.
- Proficiency in accounting software and Microsoft Excel.
- Strong analytical and problem-solving skills.
- Attention to detail and high level of accuracy.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Knowledge of GAAP (Generally Accepted Accounting Principles) and financial regulations.
