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Role Summary:

As an Accounting Manager, you will play a crucial role in maintaining accurate financial records, providing financial analysis, and supporting strategic decision-making. You will be responsible for overseeing and managing the financial operations and accounting activities within an organization. Your position will require a high level of expertise in financial management, budgeting, financial reporting, and compliance with accounting standards and regulations.


MUST HAVE – Acquired a strong knowledge about Value Added Tax (VAT) system in the United Kingdom.


Key Responsibilities:


1. Financial Management:

  • Develop and implement financial strategies, policies, and procedures to ensure effective and efficient financial operations.
  • Monitor and analyze financial performance, identify areas for improvement, and provide recommendations to reporting manager.
  • Prepare and manage the annual budget, including the allocation of resources and monitoring of expenditures.


2. Financial Reporting and Analysis:

  • Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
  • Conduct financial analysis, interpret data, and communicate findings to reporting Manager.
  • Ensure compliance with accounting principles, standards, and regulatory requirement.


3. Internal Controls and Compliance:

  • Establish and maintain effective internal controls to safeguard company assets and ensure accuracy of financial records.
  • Coordinate and oversee internal and external audits, ensuring compliance with audit requirements and addressing any findings.
  • Stay updated on changes in accounting standards and regulations, and implement necessary adjustments to accounting processes.

4. VAT Compliance and Reporting:

  • Review and analyze transactions to determine VAT applicability and ensure correct VAT treatment.
  • Stay updated on UK VAT laws, regulations, and guidelines, and ensure compliance with all applicable requirements.
  • Prepare and submit accurate and timely VAT returns to HM Revenue and Customs (HMRC).
  • Reconcile VAT accounts and resolve any discrepancies should issues are identified.

5. Communication and Relationship Management:

  • Act as the main point of contact for VAT-related inquiries from internal management, external auditors, tax authorities, and other relevant parties.
  • Collaborate with cross-functional teams, such as finance, operations, and executive management, to support business objectives and initiatives.
  • Communicate financial results, analysis, and recommendations to reporting manager or management.


Job Details

Posted Date: 2023-09-27
Job Location: United Arab Emirates - Dubai
Job Role: Accounting and Auditing
Company Industry: Events Management
Monthly Salary: US $5,000

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