senior accountant

Senior Accountant

Job Summary:

We are seeking an experienced Senior Accountant with a strong background in retail accounting to oversee and manage financial operations across multiple furniture and mattress stores. The role requires in-depth knowledge of retail financial processes, inventory accounting, store-level reporting, and compliance, ensuring accurate financial records and supporting strategic decision-making.

Key Responsibilities:

- Manage day to day accounting operations for retail stores, including general ledger, accounts payable, accounts receivable, and bank reconciliations.

- Oversee month end and year end closing processes, ensuring timely and accurate financial reporting.

- Prepare and review financial statements, management reports, and store-level performance analysis.

- Handle inventory accounting, including stock valuation, cost of goods sold (COGS), stock adjustments, shrinkage, and physical inventory reconciliations.

- Monitor and reconcile point of sale (POS) transactions, cash sales, credit card settlements, and returns.

- Ensure proper accounting for promotions, discounts, warranties, and installment sales (if applicable).

- Support budgeting, forecasting, and variance analysis for multiple retail locations.

- Ensure compliance with local tax regulations, VAT/sales tax filings, and statutory reporting requirements.

- Coordinate with auditors during internal and external audits and provide required documentation.

- Maintain and improve internal controls, accounting policies, and retail financial procedures.

- Collaborate with store managers, procurement, and operations teams to ensure accurate financial data and cost control.

- Supervise junior accounting staff and provide guidance and training as required.

Requirements & Qualifications:

-Bachelor’s degree in Accounting, Finance, or a related field.

-Professional accounting qualification (CPA, ACCA, CA, CMA) is an advantage.

-Minimum 5 to 8 years of accounting experience, with at least 3 years in retail (furniture, mattresses, or multi-store retail preferred).

-Strong knowledge of inventory accounting and retail financial processes.

-Experience working with ERP/accounting systems and POS integrations.

-Advanced proficiency in Microsoft Excel and financial reporting tools.

-Strong analytical, organizational, and problem-solving skills.

-Ability to manage multiple store accounts and meet tight deadlines.

-High attention to detail and strong compliance mindset.

-Excellent communication skills and ability to work cross-functionally.

Preferred Experience:

-Experience in furniture or mattress retail industry.

-Multi-branch or franchise retail accounting experience.

-Exposure to import costing and landed cost calculations (if applicable).

Job Types: Full-time, Permanent, Contract
Contract length: 24 months

Pay: RO250.000 - RO400.000 per month