Job Title: Accountant
Company Name: Chalhoub Group
Location: Dubai, United Arab Emirates (UAE)
Job Summary: The Accountant operates within defined parameters, prepares accounts and analysis as required. He/she is mainly responsible for sales invoices, intercompany billing, inventories, assets control, contracts etc, and would typically provide support either to a specific division or specific brands. In their endeavor to excellence, the fundamental values all our employees must possess are Commitment, Integrity, Empathy and Flexibility
Key Duties and Responsibilities:
Accounting:
- Is responsible for the timely payment of all vendor liabilities
- Calculate the landed costs of purchases and updating inventory
- Maintain the fixed assets register in the accounting system
- Prepare statements and reports of estimated future costs and revenues
- Maintain general and subsidiary ledgers, accounts receivable, accounts payable revenue distribution, depreciation, cost, property, and operating expenses, and insurance records
- Assist in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll.
- Verify correctness of all quotations issued by any team member
Cash Handling/Invoicing
- Issue invoices and follow up payable and receivable accounts
- Monitor and periodically summarize all petty cash floats and expenses across the company
- Monitor the cash flow on a daily, weekly, monthly and quarterly basis
- Record supplier invoices in the accounting system
- Reconciliations (Bank Reconciliations)
- Ensure that all suppliers’ accounts are fully reconciled periodically
- Is responsible for the preparation of inter-company reconciliations and the resolution of outstanding items
Book keeping:
- Maintain and update all accounts
- Maintain the accounting of lease-related activities in the system and work out recharges to vendor
Liaising:
- Support in cash management, banking, vendor relationships and implementation of the ERP system
- Liaise with HR on the financial and timely payment arrangements for the monthly payroll
Banking operations:
- Check the accuracy of the Letters of Credit applications
- Liaise with banks to open Letters of Credit
Reporting and Analysis: Assist in preparation of MIS report and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports.
Qualifications, Skills and Experience:
- Three to four years’ experience
- Fluent in English, Arabic is a plus.