General Accountant
ONE R M EQUIPMENT SPORTS TRADING AND CONSULTANCY - L.L.C - S.P.C
Company: ONE RM Equipment Sports Trading and Consultancy SPC LLC / YALLA HomeGym
Location: Al Ain, Abu Dhabi, UAE (On-site)
Employment Type: Full-time
Salary: 2500-3200 Dirhams
Role Summary
We are seeking an accurate, detail-oriented General Accountant to manage day-to-day financial operations, inventory costing, retail reconciliations, and tax compliance across our retail showrooms, commercial projects, and e-commerce channels. The ideal candidate has solid hands-on experience with UAE VAT regulations, inventory accounting, and financial reporting.
Key Responsibilities
Financial Operations & Bookkeeping
- Manage full-cycle accounting activities: Accounts Payable (AP), Accounts Receivable (AR), and General Ledger entries.
- Reconcile daily point-of-sale (POS) retail transactions, online payment gateways, credit card settlements, and bank accounts.
- Process vendor payments, supplier invoices, customs duty charges, and import shipping documentation.
- Manage monthly payroll execution in accordance with the UAE Wages Protection System (WPS).
Inventory & Cost Accounting
- Calculate landed costs for imported gym equipment (freight, customs, local transport, handling fees).
- Perform regular stock reconciliations between physical warehouse counts and the accounting/ERP system.
- Monitor inventory valuation, write-offs, cost of goods sold (COGS), and gross margin accuracy across product lines.
Tax Compliance & Reporting
- Prepare and submit quarterly UAE VAT returns in strict compliance with Federal Tax Authority (FTA) guidelines.
- Maintain complete audit trails and records for UAE Corporate Tax compliance.
- Generate monthly profit & loss (P&L) statements, balance sheets, cash flow projections, and aging reports for management review.
Key Requirements
- Education: Bachelor’s degree in Accounting, Finance, or a related field. Professional certifications (ACCA, CMA, CA Inter) are an advantage.
- Experience: 3+ years of accounting experience in the UAE, ideally within retail, trading, e-commerce, or distribution.
- Tax Knowledge: Strong, practical knowledge of UAE VAT legislation, FTA reporting, and Corporate Tax readiness.
- Software Skills: Advanced proficiency in MS Excel (pivot tables, VLOOKUP/XLOOKUP) and accounting software (e.g., Zoho Books, QuickBooks, Odoo, or similar ERP systems).
- Inventory Handling: Proven track record in inventory costing, landed cost allocation, and multi-channel reconciliation.
- Availability: Immediate or short notice period preferred.
Vacancy posted 1 day ago
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