Junior Accountant – Agency Background
About the Role:
We are seeking a 360 Accountant to manage the full-cycle accounting functions of our agency, ensuring accurate financial reporting and operational efficiency across multiple departments and revenue streams. The ideal candidate will have expertise in activity-based costing (ABC), multi-department accounting, and cost of sales management to support financial decision-making within a dynamic agency environment.
Key Responsibilities:
1. Financial Management & Reporting:
- Oversee the full accounting cycle, including end-to-end management of accounts payable, accounts receivable, and reconciliations.
- Prepare and analyze monthly, quarterly, and annual financial statements, ensuring accuracy across multiple business units.
- Maintain general ledger accounts and liaise with other team members to ensure timely closing of books.
- Ensure compliance with IFRS accounting standards and UAE tax regulations.
2. Multi-Department & Activity-Based Costing:
- Maintain activity-based costing (ABC) methodologies to accurately allocate operating expenses to various departments and projects.
- Track and report to the CFO on financial performance across multiple revenue streams, service lines, and cost centres.
- Follow cost allocation models to ensure fair and precise distribution of expenses among different business units.
- Gather insights on department-level profitability and cost efficiency.
3. Taxation & Compliance:
- Ensure VAT filings and other tax obligations are accurately prepared and submitted.
- Stay updated on changes in financial regulations and compliance requirements.
- Liaise with auditors, regulatory bodies, and financial institutions as needed.
4. Systems & Process Optimization:
- Implement and optimize accounting software and reporting tools for seamless multi-department financial tracking.
- Ensure financial data is accurately integrated across various business functions.
- Identify automation opportunities to improve financial operations and reporting efficiency.
Qualifications & Skills:
- Bachelor’s Degree in Accounting, Finance, or a related field (CPA, ACCA, or CMA is an added benefit).
- 3 years of experience in full-cycle agency accounting or multi-vertical service business.
- Strong knowledge of IFRS, VAT regulations, and financial reporting.
- Hands-on experience with activity-based costing, multi-department financial management, and cost center accounting.
- Proficiency in accounting software (e.g., Xero).
- Analytical mindset with strong problem-solving skills.
- Excellent communication skills to collaborate with department heads and stakeholders.
- Ability to work independently in a fast-paced, dynamic environment with multiple revenue streams and cost structures
Why Join Us?
- Be part of a creative and dynamic agency environment.
- Work closely with leadership to enhance financial visibility and cost efficiency.
- Opportunities for professional growth and career development leading towards Senior Accountant followed by Head of Accounts Department down the line.