Account Manager

Overview

Role Purpose

Key Responsibilities

• Books, monthly close, and consolidation
• Prepare monthly, quarterly, and annual close cycle across all entities; maintain a clean general ledger
• Prepare P&L, Balance Sheet, and Cash Flow Statement at entity, branch, and consolidated group level
• Manage intercompany transactions, reconciliations, and eliminations across tax groupings and standalone entities
• Prepare IFRS-compliant statutory financial statements
• Reconciliations and internal controls
• Ensure monthly reconciliation of all bank accounts, supplier ledgers, card acquirer settlements, e-commerce and delivery platforms, and key control accounts
• Maintain and improve internal control procedures across cash, inventory, AR, and AP cycles
• Tax — VAT and Corporate Tax
• Manage VAT return preparation, submission, grouping compliance, and input VAT reconciliation across all registered entities
• Manage Corporate Tax calculations, allowable/disallowable adjustments, branch-wise profit allocation, and CT group filings; maintain the group’s CT Policies & Procedures Manual
• Handle FTA notices, clarifications, and amendments; engage external tax counsel where escalation is required.
• Inventory and pharmacy operations accounting
• Oversee inventory accounting integrity in the ERP; weighted average costing, transfers, adjustments, and physical count reconciliations
• Manage expiry, damage, and shrinkage accounting; ensure provisioning is accurate
• Support purchasing on slow-moving and dead-stock identification and write-down decisions
• Cost accounting, pricing, and margin control
• Review supplier costs, logistics, VAT treatment, and pricing; validate gross margins and flag errors, leakage, or under-recovered expenses
• Prepare profitability summaries by branch, category, supplier, and channel
• Treasury and cash management
• Maintain a rolling cash flow forecast; schedule payment runs against cash availability and supplier credit terms
• Liaise with banks on facility utilisation, KYC, and reporting requirements
• Track and recover insurance claim receivables in coordination with the group’s insurance team
• Accounts payable, accounts receivable, and credit
• Oversee AP (three-way matching, vendor payment cycles, credits) and AR (B2B distribution and home healthcare)
• Maintain vendor and customer master data integrity
• Fixed assets, leases, and payroll accounting
• Maintain the fixed asset register, depreciation schedules, and capex tracking
• Apply IFRS 16 lease accounting across branch and warehouse leases
• Oversee payroll accounting, WPS compliance, and end-of-service accruals
• Management reporting and business partnering
• Deliver a monthly management report covering branch P&L, gross margin, sales trend, expense control, COGS verification, cash flow, and key risks
• Lead annual budgeting and rolling forecasts; produce variance analysis against actuals
• Support feasibility studies for new branches, closures, and capex decisions; present to Group CEO and Chairman as required
• Partner with retail operations, purchasing, e-commerce, and distribution to improve financial discipline across the group
• Statutory, regulatory, and audit
• Coordinate with external statutory auditors; produce audit-ready files and resolve audit queries
• Manage Economic Substance Regulations, UBO, and other regulatory filings across entities
• Support regulatory compliance reviews including healthcare-specific price compliance
• ERP and process ownership
• Act as finance business owner of the group’s ERP; define requirements, oversee configuration, and ensure data integrity
• Liaise with ERP partners on custom modules, workflows, and reporting; lead any future migration or upgrade
• Procurement, imports, and multi-currency transactions
• Process and reconcile local and international supplier transactions in multiple currencies (EUR, USD, GBP, AED)
• Liaise with banks on local and international transfers and foreign exchange
• Track supplier deposits, shipment-linked payments, and credit terms; support procurement with financial documentation

Key Accountabilities and Performance Indicators

• The role will be measured against:
• Accuracy and completeness of financial records
• Timely monthly, quarterly, and annual close
• Clean bank, supplier, customer, intercompany, and inventory reconciliations
• Timely and penalty-free VAT and Corporate Tax filings
• Quality and reliability of cash flow forecasting
• Accuracy of landed cost and margin calculations
• Leadership and capability development of the accounting team
• Quality of financial analysis, reporting, and challenge provided to senior management

Qualifications — Required

• Bachelor’s degree in accounting, Finance, or a related field
• Chartered qualification (ACCA, ACA, CA, CPA) or substantially part-qualified (e.g. ACCA finalist, CA Inter)
• Minimum 8 years’ experience, with at least 5 years in the UAE and 3 years in a multi-entity group accounting or finance management role with consolidation responsibility
• Strong working knowledge of UAE VAT and Corporate Tax, including direct experience handling FTA correspondence
• Demonstrated IFRS reporting and intercompany consolidation experience
• Hands-on experience with Tally or similar ERP/accounting systems, including data extraction and reconciliation
• Experience with multi-currency transactions, international supplier accounting, and landed cost calculations
• Advanced Excel and financial modelling skills
• Proven team management and leadership experience

Qualifications — Preferred

• Full chartered membership (ACCA, ACA, CA, CPA)
• Pharmacy, healthcare, or retail/distribution sector experience
• Inventory-heavy or perishable-goods business experience
• ERP migration or upgrade leadership experience
• Additional qualification (CMA, CFA, or MBA)

Working Style

• We are looking for someone who is:
• Structured, detail-oriented, and disciplined with deadlines
• Hands-on and practical, comfortable executing alongside leading the team
• Comfortable working directly with owners and senior management, and confident challenging numbers professionally when required