Accounting Manager

Job Summary

To manage the Accounting department for the Foodservice division in UAE, ensure accurate daily financial records and prepare monthly financial overviews.

Key Accountabilities

Audits

• Assist internal and external auditors during the audit process

Annual Budget

• Support the annual budgeting exercise to produce a comprehensive financial budget that correctly reflects the business assumptions for the next year

Accounting

• Ensure timely, accurate and transparent accounting by business unit, in line with international accounting standards to ensure that the true financial position is reflected and results in a clean annual audit report
• Prepare monthly cost allocation, financial statements and bank reconciliations, including foreign currency accounting
• Ensure on time and accurate monthly closing of books of account
• Implement controls as per SOP to ensure factsheets (A&P) are fully approved, spending is controlled within agreed budgets and supplier’s contributions are pre-agreed and received on time to protect margins
• Manage the annual inventory audit and count
• Coordinate and control the quantification of the shortages / excesses of the stock counts to ensure accuracy of inventory in our books of account.
• Review tax returns (VAT) to ensure accuracy of tax returns

Leadership & People Management

• Provide the team with the necessary training and coaching to perform their tasks and assignments
• Set annual objectives for team members, ensure that team members are appraised in an objective manner and provide continuous feedback

Working Capital / Cash Flow

• Take actions to improve cash flows, proactive working capital management including reduction in trade and customer receivables, increasing supplier payable days.

Cost Control

• Control Purchasing and costs to make sure they don’t exceed budget without prior management approval.
• Analyze and monitor capital expenditures and depreciation forecast, and provide accurate information to enable decision-making over purchasing of new assets

Job requirements

• 4 years of experience as a Senior Accountant within a FMCG/ distribution company.
• At least 1 year of managerial Accounting experience
• Bachelor’s Degree in Finance
• Professional qualification in finance i.e. ACA, ACCA, CMA or CPA.
• Excellent Microsoft Excel skills
• Knowledge about JDE is preferred
• Good leadership skills
• Strong teamplayer
• Analytical thinker