Accountant | Corporate Services | GBS

Overview Of The Role:
The Accountant role is pivotal in ensuring seamless financial controlling and management for the company in UAE, Qatar, and Oman. The role encompasses managing accounting operations through SAP and Navision systems to support trading activities. Success in this role demands collaboration with various stakeholders including stores, business functions, suppliers, and external entities to ensure compliance and efficient reporting. The focus is on managing sales, purchase postings, accounts payable, and inter-company transactions while upholding stringent internal controls and policies.

What You Will Do:

Sales & Collection Entries Booking

• Coordinate with the Cash office team on open cash collection summary statements for stores, central unit, and restaurants daily.
• Support the Cash office team in resolving system issues, in coordination with the IT Team.
• Monitor cash collection reconciliation reports regularly.
• Reconcile collection summary at month-end in Navision, ensuring accuracy and share entries with respective R2R & O2C teams for posting.
• Follow up and coordinate with stores and IFB Cash office teams for daily posting of cash collection summary statements.
• Resolve sales reconciliation variances promptly, in coordination with the IT team.
• Prepare monthly GL schedules.

Purchase Posting & Reconciliation

• Facilitate purchase postings in Navision and upload purchases in SAP.
• Check purchase entries for consistency between Navision and SAP.
• Coordinate with the Store In-store Logistics Team to clarify variances.
• Monitor General Ledger accounts monthly between Navision and SAP for accurate booking of purchase entries.

Accounts Payable

• Coordinate with Shared Service AP team to reconcile vendor-related control GL accounts.
• Review vendor reconciliation monthly.
• Manage and coordinate utility and other adhoc payments with concerned departments.

Internal Controls and Policies

• Ensure compliance with group accounting and financial policy.
• Work with respective teams to handle VAT compliance consistently.
• Maintain internal controls.

Inter-Company Movements (ICM)

• Generate inter-company reports regularly.
• Follow up on pending invoices and accept ICMs.
• Coordinate with inter-companies to clear pending ICMs.
• Maintain updated ICM pending report.

Required Skills To Be Successful:

• Proficiency in SAP or similar ERP software.
• Strong attention to detail and accuracy in financial management.
• Effective communication skills for stakeholder collaboration.
• Analytical skills for problem-solving and variance analysis.

What Qualifies You For The Role:

• Minimum Bachelor's degree in finance.
• At least 3 years of experience as Accounts Executive or Accounts Assistant.
• Experience in tax accounting is advantageous.
• Proficiency in Excel and MS Office packages.
• Knowledge of accounting software packages, preferably ERP systems like SAP.