Accountant - Retail

Job Description

Responsibilities:

• Maintain and update financial records, including ledgers, accounts payable/receivable, payroll, and fixed assets.
• Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
• Conduct regular reconciliations of bank statements and resolve discrepancies promptly.
• Assist in the preparation of budgets and financial forecasts.
• Ensure compliance with UAE financial regulations and reporting standards.
• Process invoices, expense reports, and other financial documents accurately and efficiently.
• Support month-end and year-end closing processes.
• Collaborate with internal and external auditors during audits and provide necessary documentation and explanations.
• Monitor inventory levels and perform regular stock reconciliations.
• Analyze financial data to identify trends, variances, and opportunities for cost savings.
• Provide support and guidance to other departments regarding financial procedures and policies.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 1 year of accounting experience in the retail industry.
• Proficiency in accounting software (e.g., QuickBooks, SAP, or similar).
• Strong understanding of UAE financial regulations and accounting standards.
• Excellent analytical skills and attention to detail.
• Proficient in Microsoft Office Suite, particularly Excel.
• Strong organizational and time management skills.
• Effective communication skills, both written and verbal.
• Ability to work independently and as part of a team.
• Fluency in English is required; knowledge of Filipino is a plus.

Preferred Qualifications:

• Experience with VAT compliance and reporting in the UAE.
• Familiarity with retail-specific financial processes and challenges.