Accountant

Dubai
27-01-2025
Job Type
Permanent
Emp Type
Full Time
Industry
Hospitality
Division
Finance and Accounting
Job Title
Accounts
Salary Type
Monthly
Job ID
82200

Job Description

Salary Range: 6,000 - 10,000 AED per month 

Position Overview:

 

The Accountant will play a crucial role in maintaining the financial records. The successful candidate will be responsible for assisting the day-to-day accounting functions, including bookkeeping, payroll, budgeting, costing and financial reporting. This role requires a proactive individual with excellent analytical skills and a passion for the restaurant industry.

 

Key Responsibilities:

 

1. Financial Record Keeping:

  • Maintain daily financial transactions and records.
  • Manage accounts payable and receivable, ensuring timely payments and collections.
  • Reconcile bank statements and prepare monthly financial reports.

 

2. Budgeting and Forecasting:

  • Assist in the preparation of the annual budget and financial forecasts.
  • Monitor budget performance and report on variances.
  • Provide financial analysis to support decision-making processes.

 

3. Payroll Management:

  • Process payroll accurately and on time for all restaurant staff.
  • Ensure compliance with all payroll regulations and tax requirements.
  • Handle employee expense reports and reimbursements.

 

4. Cost Control and Inventory Management:

  • Track and analyse food and beverage costs, labour costs, and operational expenses.
  • Collaborate with the kitchen and purchasing teams to manage inventory levels and costs.

 

5. Compliance and Reporting:

  • Assist in preparation and filing all necessary tax documents and ensure compliance with local, state, and federal regulations.
  • Maintain accurate records for audits and coordinate with external auditors as needed.

 

6. Process Improvement:

  • Implement and maintain effective internal controls to safeguard assets and financial integrity.
  • Stay updated on accounting best practices and regulatory changes affecting the restaurant industry.

 

Qualifications:

 

  • Education:Bachelor’s degree in Accounting, Finance, or a related field.
  • Experience: Minimum of 3-5 years accounting experience, preferably in the restaurant or hospitality industry.

 

Technical Skills:

 

  • Proficiency in accounting software Xero will be preferred
  • Microsoft Office Suite (especially Excel).
  • Experience with POS systems and payroll software is highly desirable.

 

Analytical Skills: Strong analytical and problem-solving abilities, with attention to detail.

Communication Skills: Excellent written and verbal communication skills.

Organizational Skills: Ability to manage multiple tasks, prioritize effectively, and meet deadlines.

Certifications: ACCA, CA or other relevant accounting certifications are a plus.

 

REF: ZC82200