

Accounts Payable
We help manage your payables efficiently to maintain strong vendor relationships, ensure compliance, and support healthy cash flow: - Review and verify supplier invoices against purchase orders, contracts, and goods/services received. - Enter invoices accurately into the accounting system for payment tracking and processing. - Ensure correct VAT treatment on all supplier invoices in compliance with UAE and GCC VAT regulations. - Verify necessary supporting documents (contracts, delivery notes, tax invoices) before payment approval. - Obtain proper internal approvals before releasing any payments. - Process payments via bank transfer, cheque, WPS (for supplier payroll services), or online platforms. - Schedule payments to optimize cash flow while meeting vendor terms. - Track and match payments with related invoices and purchase orders. - Ensure payments are made within due dates to avoid penalties or interest. - Maintain complete and up-to date vendor master data, including trade license, TRN, and payment details. - Perform regular vendor Statement of Account (SOA) reconciliations to confirm balances and resolve discrepancies. - Monitor overdue invoices and coordinate with departments to clear pending approvals. - Communicate with vendors to resolve invoice disputes, missing documentation, or payment delays. - Reconcile AP ledger accounts monthly to ensure accuracy in financial records. - Manage advance payments and adjust them against future invoices. - Track and process credit notes from suppliers for returns or overpayments. - Handle foreign currency payments, including exchange rate considerations. - Maintain compliance with UAE corporate tax and VAT reporting requirements for payables. - Prepare periodic AP aging reports for management review. - Support year-end and audit requirements by providing payable records and supporting documents.

Accounts Receivable
We manage your receivables to improve collections, cash flow, and customer relationships: - Create and send tax-compliant invoices after sales or service delivery. - Check all invoice details (price, quantity, terms, VAT) before sending. - Record customer payments in the accounting system. - Match payments to the correct invoices. - Send reminders before and after due dates. - Follow up on overdue accounts by email, phone, or formal notice. - Accept payments via bank transfer, cheque, credit card, PDCs, or online payment. - Track and deposit post-dated cheques on time. - Resolve invoice or payment disputes with customers. - Reconcile customer accounts and confirm balances regularly. - Correct any wrong entries quickly. - Apply credit notes to customer accounts. - Monitor overdue accounts and escalate problem cases. - Keep customer details (license, TRN, contacts) updated. - Process foreign currency payments and handle exchange differences. - Work with sales teams on credit terms and collection status. - Prepare reports on receivables and overdue accounts.

Cash Management
We manage your company’s cash position to maintain financial stability: - Open, maintain, and monitor bank accounts. - Handle deposits, withdrawals, and fund transfers. - Track all cash inflows and outflows daily. - Prepare and update cash flow forecasts. - Ensure enough funds are available for payments and operations. - Reconcile bank statements with accounting records. - Manage petty cash transactions and records. - Monitor loan repayments and interest payments. - Oversee foreign currency transactions and conversions. - Maintain good relationships with banks and financial institutions. - Provide regular cash position and liquidity reports.


Revenue & Cost Recognition (IFRS 15)
We ensure revenue is recognized accurately and in compliance with international standards: - Apply IFRS 15 rules for revenue recognition based on contracts and performance obligations. - Review contracts to determine correct revenue classification and timing. - Monitor performance milestones and recognize revenue at the correct stage. - Match related costs to recognized revenue for accurate profit reporting. - Record adjustments for variable consideration, discounts, or penalties. - Maintain supporting documentation for all revenue recognition entries. - Provide reports on recognized revenue, deferred revenue, and related costs. - Ensure compliance with UAE and Middle East regulatory requirements.
Finance Trading Services
We manage trade finance operations to support smooth business transactions: - Issue and manage Bank Guarantees (BGs) and Bid Bonds. - Arrange, process, and monitor Letters of Credit (LCs). - Handle Trust Receipts (TRs) and track related repayments. - Coordinate with banks for trade finance facilities. - Prepare and review trade finance documentation. - Ensure compliance with bank and regulatory requirements. - Track due dates for payments and renewals. - Maintain records of all trade finance transactions. - Provide regular reports on outstanding trade finance liabilities.
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Dubai, United Arab Emirates
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