Accounts Manager

at  V Rekrut

The Role
The ideal candidate will ensure the financial health and stability of the organization through meticulous financial planning, analysis, and reporting. Key Responsibilities: Financial Management: • Oversee all financial operations including budgeting, forecasting, and financial planning. • Develop and implement financial policies and procedures to ensure effective financial management. • Monitor and control the organization’s financial performance, identifying areas for improvement. Accounting: General Ledger Management: • Maintain the general ledger, ensuring accuracy and completeness of all financial transactions. • Supervise monthly, quarterly, and annual closing processes, ensuring timely and accurate reporting. Accounts Payable and Receivable: • Oversee accounts payable processes, including invoice processing, payment approvals, and vendor reconciliations. • Manage accounts receivable processes, including invoicing, collections, and customer account reconciliations. Payroll Management: • Oversee payroll processing, ensuring timely and accurate payment of salaries and benefits. • Ensure compliance with all relevant labor laws and regulations. Fixed Assets: • Maintain and manage the fixed asset register, ensuring proper capitalization, depreciation, and disposal of assets. • Conduct periodic physical verification of fixed assets. Taxation: • Ensure compliance with all applicable tax regulations, including VAT and corporate tax. • Prepare and file tax returns, ensuring accuracy and timeliness. Accounts Receivable: Reconciliation: • Perform regular reconciliation of accounts receivable from customers, ensuring accuracy and completeness. • Reconcile payments received with billed amounts, identifying and addressing any discrepancies. • Maintain detailed records of all transactions and communications with customers Collections: • Develop and implement strategies to expedite the collection of outstanding receivables from customers • Maintain a log of all collection activities and follow up on overdue accounts. Reporting: • Prepare and present detailed reports on accounts receivable, including aging reports and collection status. • Analyze trends in receivables and identify areas for improvement in the billing and collection process. • Any ADHOC financial report required by the management Financial Reporting: • Prepare and present financial statements, including profit and loss statements, balance sheets, and cash flow statements. • Ensure financial statements are prepared in accordance with international financial reporting standards (IFRS) and local regulations. • Any ADHOC financial report required by the management Audit and Compliance: • Coordinate and manage internal and external audits, ensuring timely completion and resolution of audit findings. • Develop and implement internal controls to safeguard the organization’s assets and ensure the accuracy of financial information. • Bank Reconciliations: • Perform regular bank reconciliations to ensure the accuracy of cash balances and identify discrepancies.
Requirements
Education: • Bachelor’s degree in Accounting, Finance, or a related field (mandatory). Experience: • 5–8 years of progressive accounting/finance experience. • Proficiency in ERP systems (SAP, Oracle, or similar) and advanced MS Excel skills. • Expertise in financial reporting, budgeting, and cost control mechanisms. Soft Skills: • Strong analytical and problem-solving skills. • Excellent communication and interpersonal abilities to interact with stakeholders. • Leadership and team-building capabilities.
About the company
V Rekrut is equipped with specialized recruitment consultants, offering sustained value addition to candidates as well as clients. Our excellent customer service and flexible payment option make us the most preferred talent partner. Our experience and knowledge of UAE and GCC markets helps us follow a funnel that is well-framed. Our recruitment specialists look at short-term and long-term cost savings for your organization. From the time we receive an order requisite till onboarding, our recruitment funnel is transparent and works in a streamlined manner

Please refer the Job description for details