Job Description
Role Overview – Litco Group is hiring an Accountant for a full-time, on-site position based in Sharjah. This position is ideal for detail-oriented financial professionals with strong accounting expertise, proficiency in financial systems, and the ability to manage accounting operations efficiently, ensure regulatory compliance, maintain financial accuracy, and support organizational financial planning within a dynamic business environment.
General Ledger Management – You will maintain and manage the general ledger by recording all financial transactions, ensuring accurate classification of accounts, and reconciling entries monthly. You will verify that all transactions are posted correctly, support the closing process, and ensure the general ledger balances with supporting documentation.
Accounts Payable Processing – You will process supplier invoices, verify accuracy against purchase orders and delivery documents, and process payments promptly. You will maintain vendor accounts, manage payment schedules, resolve discrepancies, and ensure proper documentation and approval workflows are followed.
Accounts Receivable Management – You will monitor customer accounts, prepare and send invoices, track outstanding receivables, and follow up on overdue payments. You will record customer payments, investigate collection issues, and maintain accurate customer account records.
Bank Reconciliation – You will reconcile bank statements with accounting records monthly, identify and investigate discrepancies, and resolve outstanding items. You will ensure bank balances match recorded amounts and document all reconciling items for management review.
VAT and Tax Compliance – You will maintain accurate records for Value Added Tax (VAT) purposes in compliance with UAE Federal Tax Authority requirements. You will prepare VAT returns, ensure timely submission, and maintain documentation to support VAT positions. You will stay updated on VAT regulatory changes and implement necessary accounting adjustments.
Financial Reporting and Statements – You will prepare financial statements including balance sheets, income statements, and cash flow statements in accordance with IFRS standards. You will ensure statements are accurate, complete, and prepared within required timeframes for management and regulatory review.
Expense Management and Cost Control – You will review and approve expense reports, verify compliance with company policies, and record expenses in appropriate accounts. You will analyze spending patterns, identify cost-saving opportunities, and support budget control initiatives.
Trial Balance Preparation – You will prepare trial balances regularly to verify that total debits equal total credits and identify balancing issues. You will investigate unusual variances, make necessary adjustments, and ensure accuracy for financial statement preparation.
How to Apply:
Send your updated CV to hamza@litcouae.com. Please highlight your accounting experience, relevant certifications, proficiency with accounting systems, and specific examples of financial reporting or accounting projects you have managed. Include a brief cover letter outlining your accounting expertise, familiarity with IFRS and UAE VAT requirements, and your interest in joining Litco Group. Forward to anyone in your network who may be a strong fit.
About the Company:
Litco Group is a professionally managed organization committed to financial excellence and operational integrity in the Sharjah business community. The company is seeking detail-oriented accounting professionals who bring strong technical expertise in IFRS and VAT compliance, proficiency with financial systems, and dedication to maintaining accurate financial records and supporting organizational financial management and reporting.
Sharjah - United Arab Emirates
Category
Experience
Career Level
Required Qualification
Bachelor in Relevant field
Requires Traveling:
No
Salary
12000 - 14000 AED
Salary Type
Per Month
Total Vacancies
1
Skills
accountantaccountaudit
