Accountant - united arab emirates, dubai

The accountant will handle daily financial operations and maintain financial records for our travel and tourism company based in dubai. the candidate will be responsible for ensuring financial records are up-to-date, accurate and compliant with uae and international financial regulations. this individual should have a deep understanding of the travel and tourism industry and be able to provide financial insights that impact business decisions.responsibilities:manage financial transactions: oversee day-to-day transactions, including accounts payable/receivable, general ledger, bank reconciliations, and cash forecasting.regulatory compliance: ensure financial compliance with uae laws and regulations. stay up to date with the uae vat laws, as well as other regulatory changes that may affect the business.budgeting and forecasting: assist with budgeting and financial forecasting processes and prepare balance sheets, profit and loss statements, and other financial reports.financial analysis: analyze financial status by comparing and analyzing actual results with plans and forecasts.travel and tourism industry analysis: provide a financial perspective on industry trends and dynamics, offering insights that can help shape the company's strategic planning.internal audits: conduct periodic internal audits to ensure that financial management practices are followed.financial risk management: identify potential financial risks and devise mitigation strategies.liaison: coordinate with the company’s external auditors and manage work schedules and deadlines.reporting: prepare monthly, quarterly and annual financial statements and present them to the management team.payroll management: oversee payroll procedures for staff, ensure all uae labor laws are complied with, and all payments are processed on time.qualifications:bachelor’s degree in accounting, finance, or a related field; a professional certification such as acca, cpa, cma is a plus.proven experience as an accountant, preferably in the travel and tourism industry.in-depth understanding of generally accepted accounting principles (gaap) and international financial reporting standards (ifrs).excellent knowledge of accounting software such as quickbooks, tally, or similar.strong analytical skills with an attention to detail.excellent verbal and written communication skills in english and preferably arabic.knowledge of uae vat laws and regulations.ability to work in a fast-paced environment and handle multiple tasks simultaneously.working hours: as per uae labor lawlocation: dubai, uaenote: the successful candidate must be willing to travel as required for business needs.this job description is a general guide to the duties and responsibilities of the role, and is not an exhaustive list. additional duties may be assigned, or existing duties may need to be modified as necessary, to meet the needs of the business.skillsdesired skills for the accountant role in travel and tourism industry:accounting proficiency: strong understanding of accounting principles and financial reporting and their application.analytical skills: ability to scrutinize the financial operations of the business and make recommendations for improvement.industry knowledge: familiarity with the travel and tourism industry is a significant asset. this includes understanding industry trends, dynamics, and financial challenges.attention to detail: accountants must make precise calculations and spot any numerical errors. they must have meticulous attention to detail to ensure the accuracy of these documents.technological competence: proficiency in accounting software, such as quickbooks, tally, or similar. knowledge of microsoft office suite, especially excel, is also crucial.regulatory compliance: understanding and knowledge of applicable laws and regulations in the uae and dubai specifically. this includes tax laws and labor laws.organizational skills: this role involves handling vast amounts of numerical data and paperwork, so good organizational skills are a must.communication skills: strong written and verbal communication skills are essential. you should be comfortable presenting financial information in understandable formats, and liaising with non-financial colleagues, external auditors, and stakeholders.problem-solving skills: ability to address and resolve financial discrepancies and to work through complex financial issues that may arise.ethical judgement and integrity: given the trust placed in accountants, it is crucial that a high degree of ethical judgement and professional integrity is demonstrated.time management skills: ability to meet tight deadlines and manage multiple tasks simultaneously.leadership skills: depending on the structure of the organization, leadership and management skills may be required for supervising junior accounting staff.business acumen: the ability to understand and apply business concepts and strategies, including providing insight into business decisions from a financial perspective.flexibility: adaptable to the evolving needs of the organization and changes in the travel and tourism industry.teamwork: ability to work effectively in a team and with colleagues from diverse backgrounds.bilingual: proficiency in both english and arabic would be a plus, given the location of the role in dubai.

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