Who we are We are a leading partner for luxury across the Middle East. With more than 600 stores, 300 brands and over 65 years of experience in the region, we have become a major player in the beauty, fashion and gift sectors, by offering service excellence to our partners and delighting all our customers. We are moving fast from a traditional distributor and retailer for luxury in the Middle East, to a hybrid retailer bringing luxury experiences to the fingertips of customers everywhere. To fuel the next stage of our growth we are looking to build a world class team. From physical retail through to supply chain and customer loyalty, we aim to use technology and data to continuously improve every aspect of our operations. We are looking for top talent to join us on this journey of exploring new horizons together. What you'll be doing responsible for the recording of supplier invoices and reconciliation of supplier statements in line with related policies and procedures.
Prepare reconciliation for assigned suppliers, freight forwarders, customs, with the required supporting documentation and submit to Senior Accountant
Adhere to the reconciliation schedule for all assigned suppliers or companies as the case may be
Responsible for providing all supporting documentation required for processing any payment for assigned suppliers
Assume responsibility for insurance claims for lost and damaged goods for assigned suppliers
Responsible for allocation of all prepayments made to assigned suppliers
Responsible for working on AP aging particularly items/suppliers which are overdue
Participate in month-end and book closure procedures & provide assigned reports to senior/chief accountant
Participate and support the implementation and maintenance of the Oracle ERP
Prepare/update travel expense forms
Verify tourney, actual trip, advance provided and all supporting documents with appropriate approvals
Prepare the trip reimbursement summary and input all travel expenses in EBS – Oracle
Circulate email of employees who are leaving to all accountants and update the statement for any deductions and forwards it to payroll team
Provide monthly summary of unliquidated employee trip advances to reporting accountant for accruals
Provide employee GL details, after monthly closing, to the reporting accountant to be included in their monthly schedule
Sales & Collection, Rents and Reporting:
Prepare consolidated credit card and cash collection reconciliation relating to the previous business day for the assigned shops
Identify discrepancies in expected credit card collection and actual settlement by the acquiring bank;
Prepare and submit to the Chief Accountant – Retail Accounting for all assigned shops a review of manual invoices issued and posted, ensuring the analysis has been agreed to the manual invoice control account in the general ledger
Ensure all gift vouchers are obtained from shops and filed in the appropriate filing folder for reference and review purposes
Provide all the documents required by auditors at any time
Raise third party invoices, credit notes, debit notes into computer system using defined computer programs
Reconcile records with third party customers
Send collection follow-ups to all customers
Liaise with commercial team regarding collection issues
Prepare audit requirements under Inter-company scope
Verify the accuracy of invoices and other accounting documents and records
Intercompany:
Raise Intercompany invoices, credit notes, debit notes into computer system using defined computer programs
Book invoices from Intercompany suppliers
Raise recharge invoices to Intercompany
Reconcile records with inter-company customers and suppliers
Prepare and update records for checks’ requests and invoices for payment to Inter-companies
Compile data and prepare a variety of reports as requested
Allocate payments in oracle and raise online bank transfers
Prepare and update records for checks’ requests and invoices for payment
Coordinate with suppliers for the allocation of payments to their records
File payment vouchers properly for future retrieval purposes
Prepare daily cash position update and release payments based on availability of funds
Assist in performing monthly bank reconciliations
Enter data into computer system using defined computer programs (Oracle)
Verify the accuracy of invoices and other accounting documents and records
Update and maintain accounting journals, ledgers and other records detailing financial business transactions (e.g., disbursements, expense vouchers, receipts, accounts payable)
What you’ll need to succeed Fluent English Bachelor degree in Accounting or Finance Fresh Graduate to 2 years experince What we can offer you With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day. We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts. To view all our perks and benefits, click here.
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