Accounting Manager

Dubai, DU, AE, United Arab Emirates

Job Description

We are looking for Accounting Manager who will be responsible for managing the day-to-day financial activities, including accounting, budgeting, financial reporting, and compliance. The role involves supervising the accounting team, ensuring accurate financial records, and providing strategic financial insights to support business decisions.

• Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow reports.
• Analyze financial performance, identifying trends and providing actionable insights to senior management.
• Ensure compliance with accounting principles and regulatory requirements.
• Lead the budgeting process, working closely with senior management and department heads to create accurate financial plans.
• Oversee cash flow management to ensure liquidity and adequate working capital.
• Review accounts payable and receivable, ensuring timely payments and collections.
• Monitor and control inventory-related expenses, ensuring accurate valuation of inventory.
• Maintain internal controls to safeguard assets and ensure the accuracy of financial records.
• Ensure compliance with tax regulations, financial reporting requirements, and company policies.
• Manage and mentor a team of accountants, providing training and professional development.
• Delegate tasks and responsibilities effectively to ensure department efficiency.
• Conduct performance reviews and assist in the recruitment of new team members.
• Coordinate with external auditors during audits and ensure the timely preparation of financial documentation.
• Oversee the preparation of tax returns and ensure compliance with local, state, and federal tax regulations.
• Provide financial analysis to guide strategic decisions regarding store openings, expansion, pricing, and promotions.
• Analyze sales data and financial performance, identifying areas for cost reduction and profit maximization.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• At least 5-7 years of experience in accounting, with a minimum of 2-3 years in a management role within the retail or fashion industry.
• Strong knowledge of retail sales, e-commerce financials, and multi-store accounting, including inventory management
• Knowledge of tax regulations and financial reporting standards in GCC countries
• With experience in utilizing Navision

Job Type: Full-time

Pay: AED10,000.00 - AED20,000.00 per month

Application Question(s):

• Visa status & Validity
• How much is your expected salary?

Experience:

• Fashion Retail: 5 years (Required)

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Job Detail

  • Job Id
    JD1781654
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, DU, AE, United Arab Emirates
  • Education
    Not mentioned