Senior Financial Analyst

About This Role

About Us

At Sanipex Group, we are proud to offer a unique lifestyle proposition to our customers across the Middle East, Europe, Asia, and Africa. With over 30 years of experience, we've built a strong reputation by providing a comprehensive one-stop-shop for architects, interior designers, developers, retailers, and private clients through our Retail, Trade, Project, and Digital channels. Our success is driven by a dynamic and creative team passionate about delivering outstanding products and exceptional customer experiences. We foster a culture of growth and development, offering comprehensive training programs to help our team expand their skills and capabilities. Join us and thrive in a positive, fun, and driven environment where you can take your career to new heights. With a diverse team representing over 45 nationalities, we are deeply committed to inclusion and diversity, ensuring everyone has the opportunity to succeed and make a meaningful impact.

About the role

We are looking for a Senior Financial Analyst who will be responsible for the reporting function for the assigned subsidiary companies of Sanipex Group. The role includes monthly preparation and analysis of management accounting information; monthly preparation and analysis of the company VAT return; ensure accuracy and compliance with the Group’s statutory obligations; preparation and assisting with year-end external audits and provision of high-quality service support to Directors and Managers within the Group.

Job responsibilities include:

• Production of monthly management reports and Board pack assistance, with detailed and commercial analysis and comments on variances of actual to targets.
• Annual consolidation of the financial statements in accordance with IFRSs.
• Accurate preparation of the monthly UAE Group VAT return for on-time lodgement with the FTA and quarterly VAT returns in Oman.
• File all tax & fiscal requirements within statutory deadlines, including providing supporting analysis and documentation to tax advisors for annual returns and other compliance.
• Regular review and reconciliation of the GL entries to ensure VAT is recorded properly within the accounts for reporting on relevant returns.
• Assist in planning and budget process.
• Preparation of all month end postings, including inventory closing, depreciation, prepayments, payroll, accruals/provisions, cost allocation journals, FX revaluation and any month end adjustments.
• Timely, accurate completion of the monthly financial close process for assigned subsidiary entities.
• Produce annual financial accounts under IFRS with fully supported audit files for year-end external audit purposes.
• Work closely and confidently with external auditors for year-end audit.
• Ensure balance sheet accounts are reconciled monthly.
• Assisting other members of the finance team with their queries and issues where necessary.
• Communicate suggestions for increased efficiency within the department and/or Group.
• Developing financial projections and building financial models.
• Performing research and analysis as required.
• Ensuring compliance with financial guidelines, company policies, and relevant legal regulations.
• Undertake additional duties as required, contributing to the overall success of the team and organization.

About You

The ideal candidate is a qualified accountant with International experience, preferably in a retail environment. Experience with Microsoft Dynamics AX is a plus. They should be knowledgeable about IFRS and UAE/GCC VAT and Corporation Tax, and capable of assisting management with research to ensure statutory compliance. You should have intermediate to advanced Excel skills, including daily use of functions like Sumifs and VLOOKUP, along with intermediate PowerPoint skills.

They must possess strong analytical abilities to assess the commercial implications of data, demonstrate attention to detail, and maintain organization for efficient processes. Excellent communication skills and the ability to build relationships across departments are essential, as is the capability to meet deadlines and support team members.

What we can offer

You will turn your career aspirations into reality. We will help shape your career journey through enriching experiences, learning, and development opportunities. Our Group offers diverse career paths for those who are passionate, innovative, and collaborative - every day.

We recognise the value that you bring, and we strive to provide a competitive salary and benefits package.

We Welcome Everyone to Apply

It takes diversity of thought, culture, background, abilities, and perspectives to truly enthuse and excite our customers. We welcome all applicants to apply and be part of our exciting future.

We would like to thank you in advance for your application. Due to the influx of applications, we don’t always get the opportunity to speak to our candidates. Consequently, if you haven’t been contacted over the next two weeks then you can assume you have not been successful on this occasion.