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Financial Consultant- Apparel Industry

Aswaar Consulting DMCC
Dubai, UAE
Full-time
Senior
Onsite
AED 8,000/month
Discovered 2 weeks ago
Accounting and bookkeepingInventory accountingProduct costingCost of Goods Sold (COGS)Stock reconciliationMargin analysis

Full Job Posting

Role overview

Seeking a detail-oriented accountant to manage day-to-day accounting and support accurate financial reporting.

The role seeks relevant experience in apparel, fashion, garment, textile, retail, or a related business.

Accounting and bookkeeping

  • Maintain accounting records and general ledgers; record purchases, sales, expenses, receipts, and payments.
  • Prepare journal entries, classify accounts, and support month-end and year-end closing.

Inventory and costing

  • Maintain accounting records for raw materials, fabrics, accessories, work-in-progress, and finished goods.
  • Reconcile physical inventory, monitor stock movements, assist with inventory valuation and COGS, and coordinate stock reporting with warehouse and operations teams.
  • Prepare product/style costing and analyze costs, selling prices, margins, profitability, and variances.

Payables, receivables, and reporting

  • Manage supplier invoices, payments, vendor reconciliations, ageing reports, customer accounts, and reconciliations.
  • Monitor receivables and support collection follow-ups; account for credit notes, returns, discounts, and adjustments.
  • Prepare monthly profit and loss, balance sheet, cash flow, and supporting schedules; reconcile bank, supplier, customer, inventory, and general ledger accounts.

Compliance and management support

  • Support UAE VAT return preparation and filing, maintain records for tax and statutory requirements, and provide audit documentation.
  • Assist with budgeting, forecasting, cash flow planning, and variance analysis; provide management insights and improve processes, controls, and reporting.

Qualifications and experience

  • Bachelor's or Master's degree in Accounting, Finance, Commerce, or a related field.
  • 3–5 years of relevant accounting experience, including experience in apparel, fashion, garment, textile, retail, or a related industry.
  • Hands-on experience in inventory accounting, product costing, COGS, stock reconciliation, and margin analysis.
  • Good understanding of UAE VAT and accounting requirements.

Systems and capabilities

  • Experience with SAP, Zoho, QuickBooks, Oracle, Microsoft Dynamics, or similar accounting/ERP systems.
  • Advanced Excel skills, including Pivot Tables, XLOOKUP/VLOOKUP, and SUMIFS.
  • Strong analytical, reconciliation, problem-solving, communication, and coordination skills.

Advantageous qualification

  • CA Inter, ACCA, CMA, or an equivalent professional qualification is an advantage.

Pay

  • AED 8,000–9,000 per month.

Work location

  • Work is in person.

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