Accounts Executive Jobs in Dubai, UAE | Economic Exchange Centre
Economic Exchange Centre is hiring an experienced Accounts Executive from the money exchange field to join its team in Dubai immediately.
About Economic Exchange Centre
Money Exchange & Remittance Since 2007Economic Exchange Centre was incorporated in 2007 to cater to the ever-growing money-changing and remittance business in the Middle East. In the realm of currency exchange, the company offers a gateway to seamless transactions, with a commitment to competitive rates and swift service that meets customers' currency exchange needs with the utmost convenience.
Understanding the importance of sending and receiving money securely and promptly, Economic Exchange Centre is dedicated to making the process hassle-free. The company is expanding its reach globally by developing a wide range of correspondent banking relations with reputed banks across Asia, Europe, North America, Australia, and Africa, on a journey towards a world of financial convenience and reliability.
Job Overview
Job Summary
Economic Exchange Centre is looking for an experienced Accounts Executive to join its team immediately in Dubai. The ideal candidate will have 2+ years of accounting experience in the money exchange or exchange house industry and be well-versed in financial reporting, bank reconciliations, VAT, CBUAE compliance, payroll, MIS reporting, and month-end and year-end accounting processes. This is a strong opportunity for a finance professional experienced in the exchange field.
Key Responsibilities
- Review financial statements and report on any errors in accounting methodology.
- Pass all journal entry vouchers and prepare bank reconciliations daily.
- Identify issues with accounting processes or procedures that could lead to future errors or misinterpretation of data.
- Maintain petty cash for head office and book all branch petty cash expenses.
- Prepare the budget for the whole year and conduct quarterly variance analysis.
- Generate monthly GPSSA invoices, initiate payment, and prepare monthly ERF forms for submission to CBUAE.
- Initiate second approval for CBUAE services and the tawteen system.
- Prepare schedules for prepaid expenses, provisions, and fixed assets for month-end entries, and perform currency revaluation each month.
- Follow up on balance confirmations with correspondent banks and money products at year end.
- Prepare year-end financial statements with profit and loss for the financial auditor and respond to financial inquiries from management and correspondent banks or agents.
- Prepare VAT returns and file on the Federal Tax Authority portal, and handle all payables and receivables.
- Prepare salary sheets for head office and all branches, pass daily deal vouchers, prepare MIS reports, and prepare documents for RIA audit.
Qualifications & Requirements
The ideal candidate for this Accounts Executive vacancy in Dubai must meet the following criteria:
Mandatory
- 2+ years of accounting experience in the money exchange or exchange house industry.
- Well-versed in financial reporting and daily bank reconciliations.
- Experience with VAT and CBUAE compliance requirements.
- Knowledge of payroll, MIS reporting, and month-end and year-end accounting processes.
- Available for immediate joining.
How to Write a Strong CV for This Role
- 1Clearly state your 2+ years of accounting experience specifically within the money exchange or exchange house industry at the top of your CV.
- 2Highlight your experience with CBUAE compliance, ERF forms, VAT filing on the FTA portal, and correspondent banking reconciliations.
- 3Include keywords like "Accounts Executive", "Money Exchange", "CBUAE", "VAT" and "Dubai" for ATS screening.
- 4Showcase measurable achievements such as month-end closings completed, VAT returns filed, or MIS reports delivered on time.
- 5Keep it to 1–2 clean pages — recruiters scan in 30 seconds.
- 6Send your CV as a PDF to preserve formatting on every device.
Frequently Asked Questions
How do I apply for this Accounts Executive position?
Send your CV to hr@economicexchangecentre.ae with Accounts Executive - Dubai in the subject line. Only shortlisted candidates will be contacted.
What is the most important requirement for this role?
Prior accounting experience in the money exchange or exchange house industry, along with knowledge of VAT and CBUAE compliance, is essential.
How much experience is needed?
The role requires 2+ years of accounting experience in the exchange field.
What is the salary for this position?
The salary is competitive and depends on your experience and qualifications. Details are discussed during the hiring process.
When is the joining date?
Economic Exchange Centre is looking for a candidate who is ready to join immediately.
