Accountant (Manufacturing Industry)

ONLY RELEVANT EXPERIENCE CANDIDATES MAY APPLY.

Job Advertisement: Accountant (Manufacturing Industry)

Location: Umm Al Quwain
Job Type: Full-Time
Salary: TBD

About the Role

We are seeking a detail-oriented and commercially driven Accountant to lead and manage the financial operations of our manufacturing facility. This is a pivotal role within a restructured organization, ensuring that financial systems accurately reflect production realities particularly across injection moulding and thermoforming lines.

You will be instrumental in maintaining cost integrity, managing intercompany transactions and delivering accurate financial reporting to support business decision making.

Key Responsibilities

Manufacturing Cost Accounting

• Lead end-to-end inventory reconciliation for raw materials, WIP and finished goods.
• Ensure accurate cost tracking across production lines (injection moulding & thermoforming).

Inventory & Asset Control

• Conduct monthly physical stock counts and reconcile discrepancies.
• Analyze production variances including wastage and scrap.
• Maintain and update fixed asset registers for production machinery.

Intercompany Management

• Manage reconciliations of intercompany accounts.
• Ensure accurate allocation and cross-charging of raw materials and shared costs.

Financial Reporting

• Execute full month end close cycle.
• Prepare accurate P&L statements and Balance Sheets.
• Calculate and report net profit for distribution.

Payables & Receivables

• Oversee AP/AR processes and ensure timely collections/payments.
• Manage supplier relationships for factory overheads.
• Ensure accurate billing for internal and external customers.

Compliance & Systems

• Maintain and optimize ERP systems (e.g., Odoo ERP).
• Ensure compliance with UAE VAT and Corporate Tax regulations.
• Maintain high data integrity across all financial systems.

Requirements

• Experience: Minimum 5+ years in accounting, including 3+ years in a manufacturing environment.
• Technical Expertise: Strong experience in inventory reconciliation and COGS analysis.
• ERP Proficiency: Hands-on experience with Odoo ERP or similar systems (SAP, Oracle).
• Industry Knowledge: Experience in plastics, packaging, or heavy machinery is an advantage.
• Education: Bachelor’s degree in Accounting/Finance; professional certification (e.g., ACCA) is a plus.
• Other: Must be able to commute to Umm Al Quwain daily.

Key Performance Indicators (KPIs)

1. Inventory Accuracy

• ≥ 98% accuracy between physical stock and ERP records.
• Timely completion of monthly inventory reconciliation (within closing timeline).

2. Cost Control & Variance Analysis

• Monthly variance reports completed within 3–5 days of month end.
• Reduction in unexplained production variances (wastage/scrap) over time.

3. Month-End Closing Efficiency

• Completion of month-end close within 5–7 working days.
• Zero material audit adjustments related to closing.

4. Financial Reporting Accuracy

• 100% accuracy in P&L and Balance Sheet reporting.
• Timely submission of financial reports to management.

5. Intercompany Reconciliation

• All intercompany balances reconciled monthly with zero discrepancies.
• Timely settlement and accurate cross charging.

6. Payables & Receivables Management

• Maintain AR aging within agreed credit terms.
• Reduce overdue receivables and optimize cash flow.
• Ensure timely payments to suppliers without penalties.

7. Compliance & Audit Readiness

• Zero non-compliance issues related to UAE VAT and Corporate Tax.
• Successful completion of internal/external audits with minimal findings.

8. ERP Data Integrity

• Maintain error-free financial data in ERP system.
• Continuous improvement in ERP utilization and reporting efficiency.

How to Apply:
Interested candidates can send their updated CV to multitradejob@gmail.com with the subject line “Accountant”.

Job Type: Full-time

Work Location: In person