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    Accountant - Dubai, United Arab Emirates - RTC1 Recruitment Services

    RTC1 Recruitment Services background
    Description

    ob Description:
    • Responsible for preparing financial statements, including income statements, balance sheets, and cash flow statements, tailored to the industry's reporting standards and regulations

    .
    • Track and analyse costs related to exploration, drilling, production, transportation, and refining of oil and gas. This includes allocating costs to specific projects or wells.


    • Deal with complex revenue recognition processes, often based on production volumes, sales contracts, and fluctuating commodity prices.


    • Manage tax liabilities and the tax incentives and complexities that can vary by location. Accountants work to optimize tax strategies while ensuring compliance with regulations.


    • Ensure that financial practices and reporting adhere to industry-specific regulations and accounting standards, such as those set by the Financial Accounting Standards Board (FASB) or the International Financial Reporting Standards (IFRS). Skills Qualifications:


    • 25 to 35 years old


    • Must have at least 5 years UAE exeprience in Oil and Gas or any related industry.


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