Job Description
Roles & Responsibilities
Key Responsibilities
Financial Accounting & Reporting
Maintain accurate accounting records and general ledger entries.
Prepare monthly, quarterly, and annual financial reports.
Handle accounts payable and receivable processes.
Perform bank reconciliations and cash flow monitoring.
Prepare profit & loss statements and balance sheets.
Retail & Hypermarket Accounting
Monitor daily sales reconciliation from POS systems.
Verify cash, card payment settlements.
Reconcile branch-wise sales and collections.
Track promotional discounts, rebates, and supplier support income.
Monitor shrinkage, wastage, and stock variances.
Intercompany Reconciliation & Group Accounting
Perform monthly intercompany reconciliations between group entities and branches.
Reconcile intercompany balances, transactions, and ledger discrepancies.
Prepare intercompany debit/credit notes and adjustment entries.
Coordinate with finance teams across multiple entities to resolve variances.
Ensure timely elimination entries and proper supporting documentation.
Assist in consolidated financial reporting for group companies.
Inventory & FMCG Operations
Manage inventory accounting for fast-moving consumer goods.
Coordinate with warehouse and store operations teams.
Conduct stock audits and physical inventory verification.
Analyze stock aging, expiry, and damaged goods.
Ensure accurate costing and inventory valuation.
Supplier & Vendor Management
Reconcile supplier statements and payment schedules.
Verify promotional claims, and rebates.
Process supplier invoices and credit notes.
Coordinate with procurement and category teams.
VAT & Compliance
Prepare and file UAE VAT returns.
Ensure compliance with UAE accounting and tax regulations.
Support internal and external audits.
Maintain proper documentation and financial controls.
ERP & System Management
Operate retail ERP/accounting systems such as SAP, Oracle, Microsoft Dynamics etc.
Generate MIS and financial analysis reports.
Support automation and process improvement initiatives.
Requirements
Education
Bachelor’s Degree in Accounting, Finance, or Commerce.
ACCA, CMA, CPA preferred.
Experience
3–7 years of accounting experience in FMCG retail or hypermarket industry.
Mandatory UAE experience in supermarket/hypermarket operations.
Experience handling high-volume retail transactions.
Skills
Strong knowledge of retail accounting principles.
Familiarity with UAE VAT & Corporate tax regulations.
Advanced Excel and reporting skills.
Good analytical and reconciliation abilities.
Ability to work under pressure and meet deadlines.
Strong communication and coordination skills.
Preferred Industry Experience
Candidates with experience in:
Hypermarkets
Supermarkets
FMCG distribution
Retail chains
Wholesale cash & carry operations
Experience with major retail groups in United Arab Emirates is an advantage.
Desired Candidate Profile
We are seeking a detail-oriented and experienced Accountant with strong exposure to the FMCG retail and UAE hypermarket sector. The ideal candidate should have hands-on experience in retail accounting, inventory control, supplier reconciliation, VAT compliance, and daily financial operations within supermarkets or hypermarket environments. The candidate must be familiar with high-volume transactions, retail ERP systems, and UAE financial regulations.
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