Junior Accountant

Job Summary

We are looking for a detail-oriented and responsible Junior Accountant to support our daily accounting and financial operations. The candidate will be responsible for verifying sales reports, monitoring bank deposits, preparing payments, recording expenses, and maintaining accurate financial records across our retail operations.

Key Responsibilities1. Sales Verification & Reconciliation

• Verify daily sales reports from all retail outlets to ensure accuracy.
• Cross-check sales figures with POS reports, cash collections, card transactions, and other payment methods.
• Identify and report discrepancies in sales, discounts, refunds, and payment collections.
• Coordinate with store managers to resolve sales-related discrepancies.
• Prepare daily and monthly sales reconciliation reports.

1. Bank Deposits & Reconciliation

• Monitor and verify daily cash deposits made by retail outlets.
• Ensure cash collections are deposited into company bank accounts on time.
• Reconcile bank deposits against daily sales and collection reports.
• Verify card settlements and payment gateway transactions against bank credits.
• Report missing, delayed, or incorrect deposits.

1. Payment Preparation & Accounts Payable

• Prepare supplier and vendor payments based on approved invoices and payment schedules.
• Verify invoices, statements of accounts, and supporting documents before processing payments.
• Maintain records of outstanding supplier payments and due dates.
• Prepare payment vouchers, bank transfers, and cheque documentation for approval.
• Coordinate with suppliers regarding account statements and payment reconciliation.

1. Expense Accounting & Monitoring

• Record and categorize daily operational expenses accurately.
• Verify expense bills, receipts, and supporting documents.
• Monitor store-level expenses, including rent, utilities, salaries, maintenance, and miscellaneous expenses.
• Maintain petty cash records and reconcile petty cash balances.
• Identify unusual or unauthorized expenses and report them to management.

1. General Accounting & Record Keeping

• Maintain accurate accounting entries and financial records.
• Assist with accounts receivable and accounts payable reconciliation.
• Support monthly closing procedures.
• Organize and maintain invoices, receipts, vouchers, and financial documents.
• Assist senior accountants with VAT documentation and other accounting requirements.
• Ensure proper documentation and compliance with company accounting procedures.

1. Reporting & Coordination

• Prepare daily, weekly, and monthly financial summaries as required.
• Follow up with retail outlets regarding pending reports, deposits, and documentation.
• Coordinate with store managers, suppliers, and internal departments.
• Highlight discrepancies, overdue payments, and financial irregularities to management.

Qualifications & Requirements

• Bachelor's degree in Accounting, Finance, Commerce, or a related field.
• Minimum 1–2 years of experience in accounting, preferably in retail or trading.
• Good knowledge of Microsoft Excel, including VLOOKUP/XLOOKUP, Pivot Tables, and basic formulas.
• Familiarity with accounting software such as Tally, Zoho Books, or other ERP systems.
• Basic understanding of UAE VAT and accounting practices.
• Strong numerical skills and attention to detail.
• Good communication and organizational skills.
• Ability to handle multiple tasks and meet deadlines.

Key Performance Indicators (KPIs)

• Accuracy of daily sales verification and reconciliation.
• Timely verification of cash deposits and card settlements.
• Accuracy and completeness of expense accounting.
• Timely preparation of supplier payments.
• Reduction in unresolved accounting discrepancies.
• Timely submission of assigned financial reports.

Ideal Candidate

We are seeking someone who is organized, reliable, proactive, and capable of independently handling routine accounting responsibilities. The candidate should have a strong sense of accountability, excellent attention to detail, and the ability to identify and report financial discrepancies promptly.

Pay: AED2,000.00 - AED2,500.00 per month

Work Location: In person