Accountant

About the Role:

Our company is seeking a detail-oriented and experienced Accountant to join our team in Dubai. The successful candidate will manage a range of financial tasks, including Anti-Money Laundering (AML) compliance, taxation, accounting, customs and import clearance, and other related documentation within the gold trading and precious metals industry. The ideal candidate will have extensive experience in financial regulations, trade compliance, and industry-specific accounting practices.

Key Responsibilities:

Accounting

• Maintain and update financial records related to gold trading and precious metals.
• Prepare and review financial statements, balance sheets, and income statements in compliance with UAE accounting standards and international financial reporting standards (IFRS).
• Reconcile accounts and ensure accuracy in all financial transactions.
• Manage the day-to-day accounting functions, including bookkeeping, journal entries, and ledger maintenance.

Taxation & Compliance

• Ensure compliance with tax laws and regulations in the UAE, including VAT, income tax, and other applicable taxes.
• Prepare and file tax returns, ensuring timely submission and accuracy.
• Stay up to date with changes in tax regulations, providing proactive guidance to the business.
• Assist with audits and tax reporting for both internal and external purposes.

AML (Anti-Money Laundering)

• Monitor and ensure compliance with Anti-Money Laundering (AML) regulations in gold trading transactions.
• Implement and enforce AML policies and procedures to detect and prevent illegal financial activities.
• Conduct regular risk assessments and report suspicious activities to the appropriate authorities.
• Ensure that all gold trading transactions are documented in compliance with AML standards and regulations.

Customs & Import/Export Documentation

• Oversee and manage all customs documentation for importing and exporting precious metals and gold.
• Ensure compliance with UAEs customs laws and international trade regulations.
• Work closely with logistics teams to ensure that shipments meet customs clearance requirements.
• Prepare necessary import/export declarations and liaise with customs authorities as required.

Key Requirements:

• Bachelors degree in Accounting, Finance, or a related field.
• Proven experience in the gold trading or precious metals industry is a must.
• Strong knowledge of AML regulations, tax laws, and customs documentation.
• In-depth understanding of UAE Federal Tax Authority (FTA) regulations and international trade laws.
• Strong communication, negotiation, and interpersonal skills.
• Ability to work independently and manage multiple tasks simultaneously in a fast-paced environment.
• High attention to detail and accuracy in financial reporting and compliance documentation.
• Proficiency in accounting software and MS Office applications.