Company Name: Transmed
Location: UAE
Job purpose
To manage the Accounting department for the Foodservice division of Transmed in UAE, ensure accurate daily financial records and prepare monthly financial overviews.
Key accountabilities
Accounting
- Ensure timely, accurate and transparent accounting by business unit, in line with international accounting standards to ensure that the true financial position is reflected and results in a clean annual audit report
- Prepare monthly cost allocation, financial statements and bank reconciliations, including foreign currency accounting
- Ensure on time and accurate monthly closing of books of account
- Implement controls as per SOP to ensure factsheets (A&P) are fully approved, spending is controlled within agreed budgets and supplier’s contributions are pre-agreed and received on time to protect margins
- Manage the annual inventory audit and count
- Coordinate and control the quantification of the shortages / excesses of the stock counts to ensure accuracy of inventory in our books of account.
- Review tax returns (VAT) to ensure accuracy of tax returns
Audits
- Assist internal and external auditors during the audit process
Annual Budget
- Support the annual budgeting exercise to produce a comprehensive financial budget that correctly reflects the business assumptions for the next year
Working Capital / Cash Flow
- Take actions to improve cash flows, proactive working capital management including reduction in trade and customer receivables, increasing supplier payable days.
Cost Control
- Control Purchasing and costs to make sure they don’t exceed budget without prior management approval.
- Analyze and monitor capital expenditures and depreciation forecast, and provide accurate information to enable decision-making over purchasing of new assets
Leadership & People Management
- Provide the team with the necessary training and coaching to perform their tasks and assignments
- Set annual objectives for team members, ensure that team members are appraised in an objective manner and provide continuous feedback
Job requirements:
- 4 years of experience as a Senior Accountant within a FMCG/ distribution company.
- At least 1 year of managerial Accounting experience
- Bachelor’s Degree in Finance
- Professional qualification in finance i.e. ACA, ACCA, CMA or CPA.
- Excellent Microsoft Excel skills
- Knowledge about JDE is preferred
- Good leadership skills
- Strong teamplayer
- Analytical thinker
Seniority level
Mid-Senior levelEmployment type
Full-timeJob function
FinanceAccounting/AuditingIndustries
Food & BeveragesConsumer GoodsFood Production
0 Comments