Accounts Manager – Jizan Perfumes LLC

Reporting to the Managing Director.

Team Size (Accounts Team): 20-25 people

1.    Accounting & Financial Management

• Oversee the day-to-day accounting and finance operations of the Company.
• Ensure accurate and timely recording of all financial transactions, including accounts payable, accounts receivable, general ledger, and bank transactions in accordance with applicable accounting standards.
• Supervise monthly, quarterly, and annual financial closing activities.
• Monitor and manage the Company’s accounts payable, receivable, credit control, and collection activities.

2.    Financial Reporting & Management Accounting

• Prepare and review monthly management accounts, financial statements, and periodic financial reports.
• Provide financial analysis and management reports to the Managing Director.
• Monitor actual financial performance against budgets, forecasts, and previous periods.

3.    Budgeting, Forecasting & Cash Flow Management

• Coordinate the preparation of annual budgets and periodic financial forecasts.
• Manage working capital, including receivables, payables, and inventory investments.
• Monitor banking facilities, loans, guarantees, and other financial arrangements.
• Identify opportunities to improve cash flow, reduce costs, and optimize working capital.

4.    Taxation, Compliance & Regulatory Requirements

• Ensure compliance with applicable UAE statutory, financial, and regulatory requirements (e.g., VAT, CT).
• Coordinate with external auditors, tax consultants, and regulatory authorities.
• Oversee KYC documentation and compliance requirements with banks and financial institutions.

5.    Inventory, Costing & International Trade Accounting

• Oversee inventory accounting, stock valuation and measurement, and reconciliation with physical inventory records.
• Monitor inventory movements, stock adjustments, provisions, and obsolete or slow-moving inventory.

6.    Internal Controls, Audit & Risk Management

• Establish, implement, and monitor effective internal financial controls and accounting procedures.
• Identify financial risks, control weaknesses, and potential areas of operational inefficiency.
• Review financial processes to minimize errors, irregularities, and potential financial losses.

7.    Banking & Financial Operations

• Oversee bank reconciliations, payment processing, fund transfers, and banking documentation.
• Monitor banking facilities, foreign currency transactions, and related charges.
• Maintain effective coordination with banks on KYC updates, compliance documentation, and account-related matters.

Job Details

Preferred Candidate

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