Summary
As a Leader of the luxury industry, we are looking for an accountant for our
activities in the UAE (retail and head office operations). The main objective
is to ensure high quality of accounting data and full alignment with IFRS
requirements and Group policies, while adding value to our business.
Main job responsibilities:
* Monitor all Receivables entries and post data to various ledgers, registers, journals, and logs following the established group's accounting techniques and procedures.
* Booking and Reconciling sales for related boutiques and following up to clear all discrepancies by coordinating with boutiques and banks.
* Support to post Freight and Duty invoices.
* Responsible for carrying out daily reporting activities, dealing with banks, and assisting the Finance/Accounting Manager in cash and liquidity management.
* Forecast Daily Cash Position to ensure adequate available cash supply.
* Responsible for direct bank relationship management. facilitate documentation requirements.
* Ensure correct and timely completion of Group Management Treasury reporting.
* Analyzes bank fees as related to cash and investments and make necessary recommendations to control costs.
* Assist when required in the Group treasury in finance ad-hoc projects.
* Maintaining the Foreign Exchange rates.
* Work closely with the bank to implement and develop new company's projects.
* Lead to implement Cash Pool process to all the funds from CDC Legal entities in Middle East countries to control and reduce risk management and to cover the daily/ Monthly/ yearly operations cost.
* Maintain a correct record of Cash Pooling balances between various entities in SAP.
* Ensure conformity of the company's bank account, reconciling bank statements against the GL, and clearing accounts assigned.
* Check and verify cash transactions and investigate and propose a possible resolution for any discrepancies.
* Ensure the coordination of the statutory audit, year in and year out, and resolve all possible queries.
* Liaise with other teams of the Finance Department (Accounting, Accounts Receivable, Retail Back-Office)
* Ensure postings of all inter-company and incoming/outgoing payments.
Required skills and knowledge:
* Degree in Accounting (Bachelor or above)
* Minimum of 3 years' experience in accounting.
* Retail and / or luxury and / or FMCG exposure.
* Computer literate (Excel and Word).
* SAP Finance module expertise.
* Reporting tool knowledge (Magnitude /Syrus).
* Fluent in English
* Excellent interpersonal and communication skills (written and oral).
* Rigorous, team player, hardworking, able to work under pressure, with high work ethics standards.
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