Personal Accountant

Overview

Personal Accountant Jobs in Dubai, UAE/Dubai at Cemcoa Limited

We are looking for a personal accountant for one of our Board members with the following requirements and qualifications:

Requirements

Bookkeeping and Financial Records

• Maintain accurate and up-to-date books of accounts for entities in Hong Kong and Dubai.

Financial Reporting

• Prepare financial statements and company accounts in compliance with applicable standards.
• Ensure timely submission of accounts to auditors.
• Optimize working capital by managing AR, AP and inventory level and updated books.
• Incorporate preparation of budgets and financial forecasts for the family companies.
• Provide variance analysis comparing actuals to budgets.

Audit Coordination

• Liaise with auditors to facilitate the audit process and secure audit reports promptly.

Tax Compliance

• Coordinate with auditors to prepare and file tax returns on time.
• Respond to tax department queries and manage correspondence effectively.
• Ensure timely closure of annual tax files.

Financial Analysis and Reporting

• Prepare customized presentations, including head-wise expense analyses.
• Generate monthly reports on income and expenses for review.
• Conduct quarterly or semi-annual reviews of financial performance and present insights to the MD or family stakeholders.
• Oversee petty cash operations and ensure proper documentation of balances.

Property and Asset Management

• Maintain and regularly update the property portfolio, including market valuations.
• Manage treasury functions such as monitoring fixed deposits and bonds, ensuring timely renewals at optimal rates.
• consider specifying responsibilities like preparing rental agreements, handling tenant queries, or coordinating property insurance.

Banking and Treasury Operations

• Maintain an updated list of bank accounts, including Relationship Manager contacts.
• Access and monitor daily bank account transactions and update ledgers accordingly.
• Conduct monthly bank reconciliations and consolidate statements to reflect accurate balances.
• include managing foreign exchange transactions if applicable.
• Communicate with banks to manage business credit lines, mortgages, and other financial services. (if needed)

Compliance and Renewal Management

• Ensure timely renewal of trade licenses and other statutory obligations.
• Monitor and ensure compliance with local regulations in Hong Kong and Dubai, such as VAT, corporate governance, or other financial laws.

Payment Processing

• Prepare cheques and Telegraphic Transfer (TT) payments for counter parties.
• Ensure all payments are pre-approved by the Managing Director (MD).

Rental Income Monitoring

• Verify that rental payments from tenants are received on due dates and update the income ledger accordingly.

Document Management

• File and maintain financial statements, bills, and other records systematically.

Qualifications

• Education:

  Bachelor’s degree in accounting or finance from a recognized university.

• Experience:

  Minimum of 5 years of relevant experience in accounting and treasury management.

• Technical

  Skills:

  Proficiency in accounting software such as Oracle, ERP systems, and Microsoft Office 365.

• Language

  Skills:

  Excellent proficiency in English, both written and spoken.

• Job Location:

  Jumeirah Lake Towers (JLT), Dubai.

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Title: Personal Accountant

Company: Cemcoa Limited

Location: Dubai, UAE/Dubai

Category: