Express Your Interest:  Cash/Bank Accountant at Legend Holding Group

Kindly note only applications submitted via this Expression of Interest form will be considered for the opportunity. Please find the details for the role below.

 

Job Type: Permanent

Commencement Date: ASAP

Duration of Placement: Full-time

Salary: AED 3,500

Languages: English

Role timings:  09:00am to 06:00pm

Minimum Qualification: Any PG/UG course 

Job Description:

To ensure the prices are quantities are correct and collect payments and to manage, record and account for all the payments and receipts. Provide support to Accounts/Finance department.

Key Responsibilities:

• Operating counting machines/scanners and other related electronics.

• Accepting payments, ensuring all prices and quantities are accurate and proving a receipt to every customer.

• Communicate company policies and procedures to customers.

• Answer customer questions.

• Having basic UAE VAT understanding.

• Processing refunds and exchanges, resolving complaints.

• Sort, count and wrap coins and currency.

• Maintain petty cash & collection separately as per SOP.

• Payment of bills and recording and accounting for receipts and maintenance of records of all transactions.

• Depositing cash and cheques in the bank regularly adhering to internal control procedures and maintaining good relationship with bank staff.

• Pay and account for claims to staff.

• Processing payroll, cash advances, staff claims, and daily entry of receipts including cash, debit memos, advances and bank transfers.

•  Daily checks and reconciliation of cash boxes and unbanked receipts and weekly bank reconciliation.

• Monitoring and reporting exchange rates.

• Daily cash and bank transactions report.

• Maintaining a clean workspace                                      

• Assist with month-end and year-end closing activities by preparing reconciliations and reports for management.

• Supporting Internal Auditors.

• Supporting IT dept in case of new ERP systems

Tax Accounting & Compliance:

• Ensure all cash and bank transactions are recorded with correct VAT and WHT treatment, where applicable.
• While reimbursement of petty cash ensures that the invoices provided by the staff members meet the requirements of applicable tax laws;such as tax invoices, receipts, and TRNs.
• Assist in preparing VAT, Corporate Tax, and WHT schedules related to cash and bank transactions.
• Post bank and cash-related tax journal entries accurately and in a timely manner.
• Monitor tax deadlines for payments or filings linked to bank and cash operations.
• Participate in tax training sessions conducted by the Tax/Finance team and ensure timely implementation of updated procedures.
• Coordinate with the Finance Manager or Tax Team to implement tax-related instructions and updates.

Requirements:

• Strong understanding of accounting principles

• Strong understanding of Business process, internal policies and other regulations/compliances of the country.

• Strong understanding of related industry and it’s daily updates.

• Excellent communication and interpersonal skills.

• Excellent reporting skills.

• Proficiency in using ERP/Accounting systems and MS Office.