Financial Accountant

Financial Accountant We are seeking a Financial Accountant to maintain accurate financial records, support financial reporting, and ensure compliance with accounting standards and regulatory requirements. Responsibilities: - Petty Cash management - Keeping track of small cash expenses and ensuring there's enough cash on hand for minor purchases. - Documenting all cash and credit purchases accurately for financial records. - Adding new payees in the bank's online system for processing payments. - Assisting colleagues in correctly allocating incoming payments to customer accounts. - Regularly updating Praktora with cash and bank transactions for accurate balance sheet reconciliation. - Ensuring all payments, whether through checks or bank transfers, are made on time and in line with company policies. - Checking that all payment requests are accurate, complete, and have the necessary approvals and supporting documentation before processing. - Looking into any inconsistencies in vendor accounts and reconciling monthly statements to resolve issues. - Overseeing the processing of invoices, payments, to maintain healthy cash flow. - Ensuring compliance with corporate tax laws and regulations, including timely filing of corporate tax returns. - Keeping an eye on any down-payments made and ensuring they are properly closed out before month-end. - Aiming to identify and suggest at least one way to improve existing processes, whether individually or as a team. - Managing all employee reimbursements through Workday. - Adhere to company policies, procedures, and regulatory/ compliance requirements. Requirements: - Bachelor’s degree in finance, Accounting, or a related field. - Minimum of 3 years of progressive experience in finance management, preferably in insurance industry. - Understanding of UAE's financial regulations, especially VAT, and international standards such as IFRS. - Ability to use BI tools to develop data visualizations and dashboards that help track business performance metrics (e.g., Power BI, Tableau). - Knowledge of financial regulations and compliance.