Job Description

Position Title: Financial Operations Associate

Location: Al Barsha 1, Dubai, UAE

Company Overview: We are a dynamic company seeking a meticulous and dedicated individual to join our finance team as a Financial Operations Associate. Best of Latin Foodstuff Trading LLC represents the true spirit of Latin America – creating exotic food experiences, high-end product delivery, and personalized customer engagement and we are committed to excellence in every aspect of our operations.

Responsibilities:

· Record daily financial transactions including purchases (export & import invoices), bills, petty cash transactions, payment transactions, bank transactions, journal entries, purchase orders, stock transfers, and other regular entries.

· Conduct monthly closing of financial transactions and prepare comprehensive reports as requested, including prepayment schedules, provision schedules, and fixed asset register.

· Manage petty cash, including voucher preparation, cash receipt from drivers, routine transactions, and other transactions as instructed by the CEO.

· Perform bank statement reconciliation in Xero and handle payment processing, either online or by issuing cheques, while keeping suppliers informed of payment status.

· Process Special Transaction Lists (STL) as per CEO’s instructions.

· Monitor and handle cheques received from customers, and facilitate cheque handover to suppliers as required.

· Regularly check suppliers' Statements of Account (SOA) and prepare monthly salary sheets for processing via Salary portal.

· Conduct monthly and quarterly VAT transaction reviews and prepare cost sheets as per CEO’s requirements.

· Prepare documents for auditing as requested by auditing firm during auditing periods.

· Conduct month-end stock taking and adjustments in DEAR System, ensuring accuracy in purchase entries, sales fulfillments, and credit notes.

· Generate reports such as cash budget and budgeted Profit & Loss (P&L) statements as required by CEO and auditing firm.

· Reconcile petty cash transactions of drivers and office, as well as Payment Link App transactions with the help of Accounts Assistant on a monthly basis.

· Assist or provide instructions to Accounts Assistant in their duties as required.

· Attend meetings, online and face-to-face, as required by internal and external stakeholders.

· Furnish documents and reports required by banks or other parties based on CEO’s instructions.

· Ensure reconciliation between DEAR & Xero systems, taking necessary steps and coordinating with colleagues if required.

· Coordinate with auditing firm for queries, requests, and instructions.

Qualifications:

· Bachelor's degree in Finance, Accounting, or related field.

· Proven experience in financial operations or a similar role.

· Strong knowledge of accounting principles and practices.

· Proficiency in accounting software such as Xero and DEAR System.

· Excellent communication and interpersonal skills.

· Detail-oriented with the ability to prioritize tasks effectively.

· Ability to work independently and collaboratively within a team.

· Proactive problem-solving skills and a commitment to accuracy and integrity.

Application Process: Interested candidates are invited to submit their resume and cover letter detailing their relevant experience and qualifications to Opportunity Employer: Best of Latin Foodstuff Trading LLC is committed to building a diverse and inclusive workplace where all employees feel valued and respected.

Job Types: Full-time, Permanent

Experience:

• Accounting: 2 years (Required)

Application Deadline: 05/10/2024