Accountant

Client of Creative HR Consultancy

Key Responsibilities

• Maintain accurate books of accounts in compliance with IFRS and UAE regulations
• Record sales, purchases, expenses, and journal entries
• Perform bank, supplier, and customer reconciliations
• Prepare monthly, quarterly, and annual financial statements
• Manage accounts payable and receivable, including credit control

Petroleum Trading Specific Responsibilities

• Handle accounting for petroleum products (fuel, lubricants, bitumen, base oil, etc.)
• Calculate and track landed cost (product cost, freight, customs, storage, insurance)
• Manage inventory accounting (FIFO/Weighted Average, stock aging, shrinkage)
• Record and reconcile bulk trading, spot trades, and long-term supply contracts
• Monitor pricing margins, FX exposure, and volume-based transactions

Taxation & Compliance (UAE)

• Prepare and file UAE VAT returns and ensure proper VAT treatment on local and export sales
• Maintain VAT documentation and support FTA audits
• Coordinate with auditors for annual audits
• Support Economic Substance Regulations (ESR) and corporate compliance requirements

Reporting & Management Support

• Prepare MIS reports, cash flow forecasts, and management dashboards
• Assist management with cost analysis, budgeting, and financial planning
• Liaise with banks, auditors, customs clearing agents, and logistics partners

Technical Skills

• Proficiency in accounting software (Tally, SAP, Oracle, QuickBooks, Odoo, or similar)
• Strong Excel skills (pivot tables, VLOOKUP/XLOOKUP, financial analysis)
• Knowledge of IFRS and UAE commercial practices