F31 is hiring an accountant to join our dynamic team. Your day-to-day responsibilities will include:

• Developing accounting standard operating procedures.
• Accounts receivable:
  • Raising, authorising, and processing of tax invoices, credit notes and refunds, verifying accuracy against client contracts.
  • Sharing invoices and updated SOA to clients in a timely manner
  • Chasing payments, providing a fortnightly report for the CEO.
  • Processing all incoming payments
  • Creating Customer accounts in the system (and making sure all the necessary documents are requested and saved for company’s record)
• Accounts payable:
  • Keeping track of all payments and expenditures, purchase orders, invoices, statements, etc.
  • Recording and accounting of vendors/supplier invoices on a timely basis.
  • Collating a fortnightly accounts payable plan, for CEO to make payments.
  • Verifying the accuracy of supplier/vendor invoices and supplier/vendor accounts by reconciling monthly statements and related transactions.
  • Responding to all supplier/vendor enquiries in a timely manner.
  • Ensuring bills and invoices are paid in a timely and accurate manner while adhering to company policies and procedures.
  • Resolving all payable related issues with internal and external stakeholders.
  • Communicating and updating payment details to respective vendors/suppliers after the payment has been processed.
  • Charging expenses and timesheets to accounts and cost centres by analysing invoice/expense/timesheet reports.
  • Petty cash management and recording on a timely basis. Accurately allocating petty cash/employee expense to respective accounts.
  • Creating Supplier accounts in the system (and making sure all the necessary documents are requested and saved for company’s record)
• Payroll:
  • Preparing monthly salary & employee expense runs for CEO.
  • Ongoing tracking of salaries / payrises / loans / bonus with Chief of Staff.
  • Staying up to date with end of service benefits/gratuity calculations (in line with UAE labor law and associated policies) and regularly working with Chief of Staff to update.
• Financial reporting:
  • Resolving issues and cleaning up current state of accounts with a "can-do attitude".
  • Proposing better/enhanced Finance and Accounting Processes.
  • Preparing budgets and financial reports such as P& L statements, balance sheet and cash flow statement.
  • Sharing weekly/monthly payment plan with CEO for cashflow projections.
  • Analysing expenses and timesheets against clients contracts to report back on profit / loss of:
    • Business unit
    • Client
    • Employee
  • Tax:
    • Ongoing preparation and submission of VAT return.
    • Ensure compliancy for corporate tax payments and any/other taxes required in future.
    • Keeping informed about current legislation relating to finance and accounting.

Month-end/Year end responsibilities:

• Reconciling accounts and getting the confirmation of each expense line from the accountable persons (e.g. Visa expense)
  • Requesting and reconciling SOAs from all the vendors/suppliers.
  • Ensuring accounting of invoices and providing accruals as necessary.
  • Resolving issues with open POs.
  • Leading the month end process and in monthly/yearly management reporting.
  • Supporting yearly Audit.
  • Ensuring proper KYC related document is verified, documentedsuring that all supporting documents are up to date and not expired.

Requirements and Key Competencies:

• ACC, ACA qualification, Bachelor’s degree in Accounting or related field.
• 2 + years experience in an Accounting role, ideally in a services industry.
• Strong analytical skills – and understanding of mathematics, accounting and financial processes.
• Proficiency in MS Office and Xero software is preferred.
• Ethical behaviour.
• The ability to work efficiently without sacrificing accuracy.
• Strong communication skills.
• Exceptional organizational abilities.
• Building and maintaining strong professional relationships with bankers.
• Attending to the day-to-day needs and requests of bankers.
• Ensuring effective communication and collaboration with bankers.