Accountant

Overview

• Key Responsibilities

Financial Accounting & Reporting

• Maintain accurate accounting records and general ledger entries.
• Prepare monthly, quarterly, and annual financial reports.
• Handle accounts payable and receivable processes.
• Perform bank reconciliations and cash flow monitoring.
• Prepare profit & loss statements and balance sheets.

Retail & Hypermarket Accounting

• Monitor daily sales reconciliation from POS systems.
• Verify cash, card payment settlements.
• Reconcile branch-wise sales and collections.
• Track promotional discounts, rebates, and supplier support income.
• Monitor shrinkage, wastage, and stock variances.

Intercompany Reconciliation & Group Accounting

• Perform monthly intercompany reconciliations between group entities and branches.
• Reconcile intercompany balances, transactions, and ledger discrepancies.
• Prepare intercompany debit/credit notes and adjustment entries.
• Coordinate with finance teams across multiple entities to resolve variances.
• Ensure timely elimination entries and proper supporting documentation.
• Assist in consolidated financial reporting for group companies.

Inventory & FMCG Operations

• Manage inventory accounting for fast-moving consumer goods.
• Coordinate with warehouse and store operations teams.
• Conduct stock audits and physical inventory verification.
• Analyze stock aging, expiry, and damaged goods.
• Ensure accurate costing and inventory valuation.

Supplier & Vendor Management

• Reconcile supplier statements and payment schedules.
• Verify promotional claims, and rebates.
• Process supplier invoices and credit notes.
• Coordinate with procurement and category teams.

VAT & Compliance

• Prepare and file UAE VAT returns.
• Ensure compliance with UAE accounting and tax regulations.
• Support internal and external audits.
• Maintain proper documentation and financial controls.

ERP & System Management

• Operate retail ERP/accounting systems such as SAP, Oracle, Microsoft Dynamics etc.
• Generate MIS and financial analysis reports.
• Support automation and process improvement initiatives.

Education

• Bachelor’s Degree in Accounting, Finance, or Commerce.
• ACCA, CMA, CPA preferred.

Experience

• 3–7 years of accounting experience in FMCG retail or hypermarket industry.
• Mandatory UAE experience in supermarket/hypermarket operations.
• Experience handling high-volume retail transactions.

Skills

• Strong knowledge of retail accounting principles.
• Familiarity with UAE VAT & Corporate tax regulations.
• Advanced Excel and reporting skills.
• Good analytical and reconciliation abilities.
• Ability to work under pressure and meet deadlines.
• Strong communication and coordination skills.

Preferred Industry Experience

• Candidates with experience in:
• Hypermarkets
• Supermarkets
• FMCG distribution
• Retail chains
• Wholesale cash & carry operations

Experience