Description
Positions:
- General Accountant
- Manage all accounting transactions (from fixed payments and variable expenses to bank deposits and budgets), within Tally and E-resources ERP system.
- Taking accountability for correct entries and reports. Track payments to internal and external stakeholders, negotiate fees, ensure timely payments, and no late penalties or fines.
- Reconcile accounts payable and receivable. Handle monthly, quarterly, and annual closings.
- Ensure timely bank and other payments, reconciliation of statements, maintain correct balances in account.
- Prepare budget forecasts, publish financial statements on time.
- Compute taxes and prepare tax returns for ASI, Loyal and group of companies (VAT, Corporate, etc.)
- Manage balance sheets, profit/loss statements, report on company’s financial health and liquidity.
- Conduct and assist with full audit process, financial transactions, and documents.
- Implement cost control measures to optimize expenses and enhance operational efficiency.
- Monitor and analyze manufacturing costs, including raw materials, labor, overheads, to identify cost-savings.
- Expense controls, Budgeting and Projection model, Cash flow management.
- Ensure accurate and timely preparation of financial statements, e.g. income, balance sheets, and cash flow.
- Maintain compliance with relevant accounting standards, tax regulations, and reporting requirements.
- Coordinate with external auditors and regulatory authorities for audits and statutory filings.
- Manage cash flow effectively to meet operational needs and financial obligations.
- Forecast cash requirements and develop strategies to optimize working capital and liquidity.
- Evaluate financing options and manage relationships with banks and financial institutions.
- Identify financial risks and develop mitigation strategies to safeguard company assets.
- Implement internal controls and procedures to ensure compliance and minimize financial risks.
- Monitor market trends and economic conditions to anticipate potential risks and opportunities.
- Assist with incentive plan and targets, product margin analysis, and Sales Order Margin Analysis.
- Pricing strategy, identify opportunities to increase margin and growth.
- Purchase plan and Purchase Margin Analysis.
- Develop and maintain cost accounting system (project cost-wise).
- Recommend selling price guidance (based on market prices).
- Determine profitability monthly and item-wise.
- Forecasted Production Plan, Production Plan on actual vs. Production plan variance report.
- Encourage professional development and knowledge sharing to enhance the skills and capabilities of the team.
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About Company:
Asnani Steel Industries was established in Dubai, United Arab Emirates in 1997, however the company’s roots in steel and building materials trading date back to the mid-1970's through its affiliate, Loyal Building Materials Company.
The Company was one of the first manufacturers and exporters of hot rolled, cold rolled and galvanized ERW tubes and pipes in the UAE.
While headquartered in Dubai, the manufacturing operations are based in the Northern Emirate of Ras Al Khaimah.
Both companies, Asnani Steel Industries, and Loyal Building Materials company, continue to serve the Middle East region and several African and Asian countries with steel structural and building materials.
Mild steel ERW Tubes (square and rectangular) and Pipes, Mild steel (hot rolled and cold rolled), and Galvanized Iron (plain and chequered) Sheets.
How to Apply?
To be considered for any career position at Asnani Steel Industries - Dubai, please apply through the application form or send your updated CV in Word or PDF format to Here
Interested candidates can send your CV to:
- admin4@asteel.ae
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