Job title: OliOIi® Dubai] Finance Executive
Company: OliOli
Job description: About the job [OliOIi® Dubai] Finance ExecutivePosition: Finance ExecutiveLocation: Dubai, UAEExecutive SummaryJoin an amazing group of people at OliOli® and help their mission to deliver exciting, joyful, differentiated, world-class, and incredibly fun experiences to children that nurture their innate sense of curiosity and exploration.OliOli® (means joy in the Hawaiian language) is a multiple award-winning contemporary childrens museum that opened to rave reviews in 2017. Founded by a group of parents who are passionate about open-ended non-judgmental play, OliOli® entails 8 interactive galleries comprising over 45 hands-on exhibits.The awesome team at OliOli® comes from over 10 countries including United States, Scotland, Switzerland, Colombia, India, Philippines, South Africa, Saudi Arabia, Pakistan, Latvia, and Jordan. Find out more information about OliOli® @ or .POSITION OVERVIEWThe Finance Executive plays a critical hands-on role in supporting the day-to-day financial operations and compliance functions of OliOli®. This role is responsible for ensuring the accuracy, timeliness, and integrity of financial transactions and records across multiple channels including POS, eCommerce, and third-party platforms.The Finance Executive will be directly involved in transactional accounting, reconciliations, payroll processing, supplier payments, VAT and corporate tax filings, and the preparation of internal management reports. They will also support budget preparation and variance tracking, monitor receivables and payables, and coordinate closely with internal departments and external partners including banks, tax authorities, auditors, and vendors.This role requires a detail-oriented, dependable professional who can execute core accounting tasks in compliance with IFRS, UAE VAT and Corporate Tax regulations, while maintaining rigorous documentation and contributing to internal control and risk mitigation initiatives. The Finance Executive must demonstrate strong organizational skills, technical proficiency (including in Tally and Excel), and a proactive attitude in identifying and resolving accounting or compliance issues.Working under the guidance of the Group Finance Manager, the Finance Executive will play a foundational role in ensuring financial accuracy, operational efficiency, and regulatory compliance across the group.KEY DUTIES & RESPONSIBILITIESFinancial Accounting and Tax
- Execute refund transactions to customers through bank, online payment gateway
- Reconciliation of daily sales from various channels including POS, Ecommerce, Third Party Apps with bank & online payment gateway statement
- Payment to suppliers in line with policies
- Issue POs, receive and compare quotations, process invoices
- Payroll processing and managing accounts for employees including leaves, and end of service benefits
- Coordinate and liaise with Administration, HR, Café, and other external service providers
- Provide reports to management including MIS (P&L and Balance Sheet, Cash Flow Statements)
- Quarterly VAT filings
- Manage annual corporate tax filings and liaise with tax authorities as required.
- Ensure compliance with UAE VAT laws in invoicing.
- Prepare and maintain documents for corporate tax purposes.
- Ensure that transfer pricing documentation is maintained as required and track related party transactions.
- Prepare monthly, annual, and cost center-wise budgets, and review variances periodically.
- Liaise with banking partners for various operational requests.
- Review books of accounts on a monthly basis and ensure proper monthly, yearly closing of books of accounts.
- Ensure accounts are prepared in accordance with IFRS.
- Review third-party contracts for compliance with internal policies from a finance/accounts perspective.
- Draft SOPs for identified risks or internal control weaknesses and ensure its compliance.
- Facilitate periodic checks of inventory and petty cash.
- Monitor receivables and follow up with debtors.
- Cash flow or fund flow management
- Liaise with external auditors for statutory audits and oversee schedules for prepayments, fixed assets, employee benefits provisions and other source documents
- Prepare and submit intercompany reimbursement claims, ensuring all supporting documents are properly arranged.
Administration
- Maintain updated list of all contacts of third-party vendors, suppliers, institutional customers
- Organize all documentation physically and electronically in an efficient manner
Traits & Characteristics
- Self-starter and self-motivated; thrives working in a team-oriented and collaborative environment
- Positive energy; respectful of diversity; patient and empathetic; friendly; courteous
- Adaptable to perform a variety of duties.
- Attention to detail & meticulous.
QUALIFICATIONS AND EDUCATION REQUIRED:
- Bachelors degree in Finance, Accounting, or any related field
- Prior relevant work experience, preferably in UAE
- Expertise and experience with Tally Accounting Software
- Sound knowledge of Microsoft 365, especially MS Excel
- UAE VAT Knowledge
- UAE Corporate Tax knowledge
- Excellent organizational and time management skills
- Ability to maintain strict confidentiality
- Demonstrated ability to be flexible and adopt at prioritizing and managing multiple tasks
Compensation: AED 10,000 – AED 12,000
Expected salary: 10000 – 12000 per month
Location: Dubai
Job date: Thu, 10 Jul 2025 02:32:30 GMT
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