Job Title: Accountant

Job Description:

We are seeking a dedicated and detail-oriented Accountant to join our Finance Department. In this role, you will be responsible for managing day-to-day financial activities across multiple retail outlets, ensuring compliance with UAE financial regulations, and supporting accurate financial reporting. You will work directly under the supervision of the Finance Manager and focus on individual contributions without team management responsibilities.

Key Responsibilities:

1. Daily Accounting Operations:

• Accurately record financial transactions into the accounting system.

• Prepare journal entries and maintain general ledger accounts.

• Reconcile bank accounts, vendor statements, and intercompany transactions.

2. Sales Reconciliation:

• Reconcile daily sales data from all retail stores.

• Verify cash, card, and online transactions against POS and system reports.

• Address discrepancies with store teams promptly and accurately record sales entries.

3. Accounts Payable & Receivable:

• Process supplier invoices and manage timely payments.

• Monitor receivables and follow up on outstanding customer balances.

• Handle petty cash reimbursements and verify store expense claims.

4. Inventory Coordination:

• Coordinate with store teams for stock reconciliation.

• Support monthly and annual inventory reporting.

• Identify and report inventory variances like shrinkage or damages.

5. VAT & Compliance:

• Prepare documentation for VAT filings and assist with return submissions.

• Ensure all financial transactions comply with UAE VAT regulations.

6. Payroll Assistance:

• Assist in processing monthly payroll including overtime calculations.

• Post payroll journal entries and reconcile related accounts (e.g., gratuity, leave).

7. Financial Reporting Support:

• Support the preparation of monthly management reports and budget tracking.

• Assist in audits by providing necessary financial documentation and analysis.

8. Systems & Documentation:

• Maintain organized and accurate accounting records.

• Work proficiently with accounting/ERP systems like Tally or Microsoft Dynamics.

Qualifications, Experience & Skills:

• Bachelor’s degree in Commerce, Accounting, Finance, or a related field.

• Minimum of 3 years of accounting experience, preferably within Retail, Trading, or FMCG sectors in the UAE.

• In-depth knowledge of UAE VAT regulations and accounting standards.

• Proficient in accounting software (Tally, Microsoft Dynamics, or similar platforms).

• Strong MS Excel skills and solid experience with reconciliations and financial reporting.

• Excellent communication and organizational abilities.