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

Career Level:

Management