Job Description

Roles & Responsibilities

Key Responsibilities

Financial Accounting & Reporting
- Maintain accurate accounting records and general ledger entries.
- Prepare monthly, quarterly, and annual financial reports.
- Handle accounts payable and receivable processes.
- Perform bank reconciliations and cash flow monitoring.
- Prepare profit & loss statements and balance sheets.
Retail & Hypermarket Accounting
- Monitor daily sales reconciliation from POS systems.
- Verify cash, card payment settlements.
- Reconcile branch-wise sales and collections.
- Track promotional discounts, rebates, and supplier support income.
- Monitor shrinkage, wastage, and stock variances.
Intercompany Reconciliation & Group Accounting
- Perform monthly intercompany reconciliations between group entities and branches.
- Reconcile intercompany balances, transactions, and ledger discrepancies.
- Prepare intercompany debit/credit notes and adjustment entries.
- Coordinate with finance teams across multiple entities to resolve variances.
- Ensure timely elimination entries and proper supporting documentation.
- Assist in consolidated financial reporting for group companies.
Inventory & FMCG Operations
- Manage inventory accounting for fast-moving consumer goods.
- Coordinate with warehouse and store operations teams.
- Conduct stock audits and physical inventory verification.
- Analyze stock aging, expiry, and damaged goods.
- Ensure accurate costing and inventory valuation.
Supplier & Vendor Management
- Reconcile supplier statements and payment schedules.
- Verify promotional claims, and rebates.
- Process supplier invoices and credit notes.
- Coordinate with procurement and category teams.
VAT & Compliance
- Prepare and file UAE VAT returns.
- Ensure compliance with UAE accounting and tax regulations.
- Support internal and external audits.
- Maintain proper documentation and financial controls.
ERP & System Management
- Operate retail ERP/accounting systems such as SAP, Oracle, Microsoft Dynamics etc.
- Generate MIS and financial analysis reports.
- Support automation and process improvement initiatives.
Requirements
Education
- Bachelor’s Degree in Accounting, Finance, or Commerce.
- ACCA, CMA, CPA preferred.
Experience
- 3–7 years of accounting experience in FMCG retail or hypermarket industry.
- Mandatory UAE experience in supermarket/hypermarket operations.
- Experience handling high-volume retail transactions.
Skills
- Strong knowledge of retail accounting principles.
- Familiarity with UAE VAT & Corporate tax regulations.
- Advanced Excel and reporting skills.
- Good analytical and reconciliation abilities.
- Ability to work under pressure and meet deadlines.
- Strong communication and coordination skills.
Preferred Industry Experience
Candidates with experience in:
- Hypermarkets
- Supermarkets
- FMCG distribution
- Retail chains
- Wholesale cash & carry operations
Experience with major retail groups in United Arab Emirates is an advantage.

Desired Candidate Profile

We are seeking a detail-oriented and experienced Accountant with strong exposure to the FMCG retail and UAE hypermarket sector. The ideal candidate should have hands-on experience in retail accounting, inventory control, supplier reconciliation, VAT compliance, and daily financial operations within supermarkets or hypermarket environments. The candidate must be familiar with high-volume transactions, retail ERP systems, and UAE financial regulations.

Accountant Confidential Company

Accountant
Confidential Company