Senior Accountant

Nazih Group
AE - sharjah
September 24, 2024

- Full responsibility of the accounting functions and accounts related matters of the company.

- Prepare, develop and control the annual budget to ensure that all financial targets are met and financial & statutory regulations are complied with.

- Responsible for year-end finalization of the accounts by maintaining accuracy and control.

- Responsible for accurate and timely monthly, quarterly, and year-end closing.

- Respond to inquiries from Accounting Manager, MD, and other authorities regarding financial results and special reporting requests.

- Monitor and control the operations to ensure compliance with Group Standards and Policies.

- Monitor expenditure against budget across all profit & cost centers and advise managers/MD of any significant variances. Ensure that transactions are reflected in the system in a timely manner.

- Handle petty cash/Cash in hand.

- Provide advice to managers/MD on data obtained, highlighting any particular problem areas, so that necessary remedial action can be taken.

- Oversee the timely and accurate submission of VAT and other statutory returns to governmental departments (if required).

- Assist internal audit and tax & other consultants across the Affiliate.

- Act as the main liaison for external auditing for the affiliate.

- Manage and control Payroll and HR-related activity from an accounting point of view.

- Monitor, control, and organize stock, collections, payments, expenses, and receipts using the following MIS reports and appropriate practical measures:

Age analysis and brand-wise reports of stock.
Stock variance report.
Debtors and creditors ageing.
Budgetary variance reports of all expenses and revenues.
Profitability/Costing of all profit centers (salesman and divisions).
Other Internal control reports.

- All transactions outside of KPI, other than regular business activity, related to Investments, CAPEX, new projects, renovation, payments to sister concerns, payments to partners, etc., require written confirmation from Accounting Manager/MD directly to account in the system.

- Daily / Monthly / Quarterly & Yearly Reporting to HO Finance & Management:

Supplier payments with due date and remarks for overdue.
Sales report with achievement by profit center.
Collection report.
Debtors Ageing report with more than six months' analysis & actions.
Creditors Ageing report with over-aged & actions.
Stock Ageing report with more than one-year analysis & actions.
Analysis of slow-moving and unsold stock.
P & L, Balance Sheet & other financial reports after the final monthly adjustment of depreciations, provisions, accruals, and pre-payments etc.

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Read the full job description and apply online on the recuiter's web-site

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