Senior Accountant

Job Code: 300/002/948
Industry: Shipping

Job Brief:
Our client in the shipping industry is seeking a skilled and detail-oriented Accountant to take ownership of the company’s end-to-end finance operations. The role involves day-to-day accounting, compliance, VAT filings, payroll, system improvements, month-end reporting, and supporting key business and system development initiatives. The ideal candidate must have hands-on experience with Tally ERP 9 or Tally Prime, strong reporting skills, and the ability to support strategic financial decisions.

Job Responsibilities:
Daily Operations:

• Process and validate daily accounting transactions in Tally (supplier invoices, credit/debit notes, collections, payments, petty cash, fuel cards, and bank entries).
• Monitor and maintain accurate cash flow and banking operations, including daily reconciliations and online transaction processing.
• Handle all collections and payments, ensuring timely and accurate application.

Month-End & Year-End Closing:

• Prepare and process month-end journals.
• Reconcile all balance sheet accounts and vendor/customer statements.
• Perform stock valuation, depreciation runs, and fixed asset transactions.
• Ensure the month-end closing is completed by the third working day.

Reporting & Analysis:

• Generate weekly and monthly business performance reports with variance analysis.
• Provide financial forecasts, P&L analysis, and cash flow projections (8-week outlook).
• Maintain internal performance dashboards and contribute to budgeting exercises.

System & Process Improvements:

• Review and optimize Tally usage, including reporting, transaction processing, and system functionalities.
• Support the implementation of new financial and operational systems (Power Apps, dashboards, quotation process, warehouse scanning, etc.).
• Prepare and maintain standard operating procedures (SOPs) for all key accounting processes.

Regulatory & Compliance:

• Manage VAT filings and ensure full compliance with UAE tax regulations.
• Coordinate with external accountants and auditors for month-end, year-end, and audit readiness.
• Oversee insurance renewals, bank compliance, and regulatory reporting.

Procurement & Sales Coordination:

• Follow up on purchase orders and reconcile vendor accounts.
• Coordinate with sales admin on order-to-cash cycle and customer receivables.
• Maintain accurate supplier and customer master data in Tally.

Inventory & Documentation:

• Oversee periodic stock counts and inventory control until Tally upgrades are in place.
• Ensure proper documentation and filing of all compliance records and audit trails.

Team & Business Support:

• Supervise and review entries posted by the Accounts Assistant.
• Support MD/GM with strategic financial insights and cross-functional coordination.
• Assist in administration, marketing, reporting, and operational improvement initiatives.
• Act as a backup to sales administration and finance team members, as required.