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We are seeking an experienced Chief Accountant with a background in retail companies to join our team. As a Chief Accountant, you will be responsible for overseeing the financial operations and accounting functions of our retail organization. You will lead a team of accountants and ensure accurate financial reporting, compliance with regulations, and effective financial management. This role requires strong leadership skills, extensive knowledge of retail accounting principles, and the ability to drive strategic financial decisions.

Responsibilities:

• Manage and oversee the day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, inventory control, and payroll.
• Ensure timely and accurate recording of financial transactions in compliance with accounting standards and company policies.
• Prepare and review financial statements, including income statements, balance sheets, and cash flow statements.
• Conduct financial analysis, monitor key performance indicators (KPIs), and provide recommendations for improving financial performance and cost efficiency.
• Develop and implement internal controls to safeguard company assets, prevent fraud, and ensure compliance with regulatory requirements.
• Coordinate and support the annual budgeting process, including the preparation of budgets, forecasts, and financial projections.
• Manage the month-end and year-end closing processes, including reconciliation of accounts and preparation of financial reports.
• Collaborate with other departments, such as sales, procurement, and operations, to analyze financial data, support decision-making, and drive business growth.
• Liaise with external auditors and tax authorities to ensure compliance with audit requirements and tax regulations.
• Stay updated with changes in accounting regulations and retail industry trends, and provide guidance on their impact on financial reporting and operations.

Job Details

Preferred Candidate

Accountant | Blue | Dubai

Overview of the role

Blue Rewards finance team comprises of two employees only. Meanwhile, Blue program is growing rapidly with additional products, revenue streams and geographies. Moreover, the program is now migrating fully to Blue managed Profit centres. Based on the above, the new member will be key to delivering the expected outcomes of the Finance function.

 

What you will do

• Complete Bank reconciliations for all the Blue Wallet and Gift Cards (including reseller cases) checking collections & booking expenses.
• End to end reconciliation between SAP GL’s and third-party integrator reports to ensure all liabilities are booked correctly and address the issues accordingly with concerned parties.
• ICM reconciliations with Blue partners (daily basis) – resolving errors related to Cashback, Gift Cards, Wallet Top-up and Points, and getting the ICMs accepted by the partners.
• Vendor onboarding, raising PRs/POs creating IANs and SRFs
• Coordinate payables with central payment team and provide updates to internal stakeholders on the status of payments
• Accounting integration with Partners (end-to-end)
• Month closing activities and MIS – Liaise with shared service teams to ensure all activities are recorded and analyse the financials for management review.
• Assisting in Internal/ External audit activities.

Job Details

Preferred Candidate

Our client is a private multi-specialty hospital in Kuwait. Their 110 bed facility offers both inpatient and outpatient services that cover a wide range of medical and surgical specialties. Their 1,000 healthcare professionals work together to provide essential health care services in inpatient, outpatient and a specialized department for Essential Wellness within the concept of Integrative Medicine.

what we offer

• First of all you will earn a tax free all-inclusive salary!
• You will have a direct and permanent employment with our client, for either 2 or 3 years. You work in an international team & working environment.
• Our client offers you excellent healthcare coverage and a free gym membership.
• All leave and end of service benefits as per Kuwait Labor Law.

description

Within the finance team, this role takes part in reporting, analyzing, and leading to the improvement of internal cost controls and efficiency of the organization. Other main responsibilities will include:

• Develop and implement cost standards;   
• Analyzing costs and recommending changes;
• Analyzing operations, equipment availability and utilization;·    Performing cost-benefit analysis;
• Monitoring and reporting cost variance;
• Collecting and analyzing data about company’s operational costs;·    Carrying out cost-volume-profit (CVP) analysis;
• Performing account reconciliations;
• Advising executives and upper management on appropriate costing based on financial data;
• Any other work assigned by H.O.D.

Job Details

Preferred Candidate

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