Senior Accounting Manager

Key Responsibilities:

Core Accounting & Finance Responsibilities

1. Prepaid Expenses Management

o Monitor and record all prepaid accounts (rent, insurance, etc.)

o Perform monthly amortization and adjustments to match actual use.

2. Provisioning and Expense Accruals

o Record accurate provisions for utilities, salaries, and pending expenses.

o Review, adjust, and reverse provisions as actual bills are received.

3. Bank Reconciliation

o Conduct periodic reconciliation of all company bank accounts.

o Investigate any unmatched items or discrepancies.

4. Bank Transaction Entries

o Post bank entries for transfers, payments, and deposits with complete documentation.

o Ensure correct categorization in ledgers.

5. Finance-Related Communications

o Handle email queries from vendors, departments, and management.

o Ensure timely follow-ups and resolution of finance-related issues.

6. Purchase Reconciliation & LPO Control

o Match supplier invoices against LPOs and delivery notes.

o Provide final LPO approvals ensuring alignment with budget and internal policies.

7. Sales Reconciliation

o Reconcile POS data with bank deposits daily, weekly, and monthly.

o Analyse sales reports and flag any variances or unusual activity.

8. Deposit Entries Management

o Record customer and sales-related deposits in the system with appropriate supporting records.

9. Utilities Payment & Ledger Updates

o Ensure timely payment and accurate allocation of utility bills (electricity, water, gas, telecom, etc.)

10. VAT Preparation & Filing

o Prepare and file VAT returns for all companies under the umbrella.

o Maintain accurate input/output VAT records and file on time to FTA.

11. Branch-Wise Profit & Loss Reporting

o Prepare and maintain P&L statements for each branch (truck and outlet).

o Provide analysis and commentary to management.

12. Payroll Finalization & Approvals

o Review monthly payroll entries including allowances and deductions.

o Coordinate approvals and oversee final payroll submission.

13. Delegation and Review of Entries

o Delegate transactional entries to the team, ensuring accuracy.

o Conduct periodic audits of ledger entries before final posting.

14. Delivery Aggregator Reconciliation

o Reconcile aggregator statements (Talabat, Deliveroo, Careem, etc.) with actual receipts.

o Investigate missing payments, overcharges, and penalties.

15. Financial Reporting to Management

o Compile and present P&L, cash flow, and balance sheets monthly/quarterly.

o Share insights and recommendations with CEO/Branch Managers/Owners.

Digital Transformation & Efficiency Targets

o Implement digital accounting workflows using cloud-based accounting software to reduce paperwork and manual errors.

o Automate reconciliations, payroll, and invoicing systems for faster processing and real-time visibility.

o Integrate POS, banking, and aggregator platforms into accounting software for direct imports and reduced human input.

o Maintain a digital document management system for invoices, receipts, and contracts with secure backup.

Expense Control & Financial Planning

• Monitor and evaluate cost centres to control overhead and operational expenses.

• Collaborate with procurement and operations to ensure budget alignment.

• Recommend cost-cutting strategies while maintaining operational efficiency.

• Assist in forecasting and financial planning to support growth and expansion.

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Qualifications & Skills:

• Bachelor's degree in Accounting, Finance, or related field (CA/CPA preferred)

• Minimum 5+ years of accounting experience in F&B or multi-unit retail

• Proficiency in accounting software (e.g., Zoho Books, QuickBooks, Tally, or ERP)

• Strong understanding of UAE VAT regulations

• Excellent communication, analytical, and problem-solving skills

• Ability to lead a small team and work under pressure in a dynamic environmentOnly Arabic Person

Job Type: Full-time

Pay: AED7,000.00 - AED9,000.00 per month