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Chalhoub Group

3 - 4 years United Arab Emirates - United Arab Emirates

Any Nationality

, Posted on March 21, 2018 1 Opening

Job Description

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We are seeking experienced certified Accountants to work within Chalhoub's Corporate Accounting team
The Accountant operates within defined parameters, prepares accounts and analysis as required. He/she is mainly responsible for sales invoices, intercompany billing, inventories, assets control, contracts etc, and would typically provide support either to a specific division or specific brands.
In their endeavor to excellence, the fundamental values all our employees must possess are Commitment, Integrity, Empathy and Flexibility
Main Responsibilities
• Is responsible for the timely payment of all vendor liabilities
• Calculate the landed costs of purchases and updating inventory
• Maintain the fixed assets register in the accounting system
• Prepare statements and reports of estimated future costs and revenues
• Maintain general and subsidiary ledgers, accounts receivable, accounts payable revenue distribution, depreciation, cost, property, and operating expenses, and insurance records
• Assist in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll.
• Verify correctness of all quotations issued by any team member
Cash Handling/Invoicing
• Issue invoices and follow up payable and receivable accounts
• Monitor and periodically summarize all petty cash floats and expenses across the company
• Monitor the cash flow on a daily, weekly, monthly and quarterly basis
• Record supplier invoices in the accounting system
Reconciliations (Bank Reconciliations)
• Ensure that all suppliers accounts are fully reconciled periodically
• Is responsible for the preparation of inter-company reconciliations and the resolution of outstanding items
Book keeping
• Maintain and update all accounts
• Maintain the accounting of lease-related activities in the system and work out recharges to vendor
• Support in cash management, banking, vendor relationships and implementation of the ERP system
• Liaise with HR on the financial and timely payment arrangements for the monthly payroll
Banking operations
• Check the accuracy of the Letters of Credit applications
• Liaise with banks to open Letters of Credit
Reporting and Analysis
• Assist in preparation of MIS report and accompanying schedules, worksheets and narratives, including Budget vs. Actual variance reports.
Education and Experience Background:
• 3-4 years experience
• Linguistic Skills
Fluent in English, Arabic is a plus.
We can offer you:
• The opportunity to build a career with a world-class luxury retail marketing team.
• The chance to live and work in a dynamic regional retail hub.
• Staff discounts at all participating Chalhoub partner brands.
• Onsite Gym.
• Onsite canteen serving daily lunch.

Industry Type : Retail
Functional Area : Accounts / Taxation / Audit / Company Secretary


Accounts payable Payroll Billing Book Keeping Cash flow Fixed assets Cash management Policies Depreciation English

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Chalhoub Group

Established in 1955, the Chalhoub Group has grown to become one of the leading partners for luxury across the Middle East. Based in Dubai, the company offers expert retail, distribution and marketing services for luxury brands. Over the years, the Group has made its mark as one of the major players in the beauty, fashion and gift sectors of the Middle East region. For its commitment towards promoting sustainable business, the Chalhoub Group has been awarded the CSR Label from the Dubai Chamber of Commerce for three consecutive years from 2013 to 2015. It has also been accepted as a new member of the United Nations Global Compact Community.

The group is committed to building brands in the Middle East by providing excellent services to its partners and outstanding experience to its customers. The group’s passionate team of professionals assists in the same by blending their expertise and intimate knowledge of luxury.

The Chalhoub Group has a staff of more than 12000 people spread across over 650 retail stores situated in 14 countries. The rapidly growing group is constantly on a look out to expand its workforce by adding more highly skilled and dedicated professionals to its team. The company attributes its success to its employees and goes an extra mile in providing career development opportunities to those who are passionate about their work.
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