Accountant

iTech Engineering Consultancy

Accountant Duties & Responsibilities In UAE

• Financial Records & Reporting
• Maintain accurate books of accounts in compliance with UAE accounting standards (IFRS).
• Prepare monthly, quarterly, and annual financial statements.
• Manage accounts payable, receivable, and general ledger reconciliations.
  
• VAT & Compliance
• Prepare and file VAT returns in accordance with UAE Federal Tax Authority (FTA) regulations.
• Ensure compliance with corporate tax, excise, and other UAE laws.
• Maintain proper documentation for audits and tax inspections.
  
• Budgeting & Forecasting
• Assist in preparing budgets and financial forecasts.
• Monitor expenses vs. budgets and provide variance analysis.
• Support management with financial planning and cost control.
  
• Payroll & Employee Benefits
• Process monthly payroll in compliance with UAE labour laws and WPS requirements.
• Calculate end-of-service benefits (gratuity) as per UAE Labour Law.
• Handle staff reimbursements and allowances.
  
• Banking & Cash Flow Management
• Prepare and monitor cash flow statements.
• Manage bank reconciliations and liaise with banks for facilities or transactions.
• Oversee petty cash management and fund allocations.
  
• General Administrative Support
• Coordinate with suppliers, clients, and other stakeholders for financial matters.
• Prepare management reports and assist in strategic decision-making.
• Ensure timely invoicing, collections, and follow-up on outstanding payments.