Sr. Accountant

Job Title: Sr. Accountant

Job Summary:
National Food Industries is seeking an experienced and detail-oriented Sr Accountant to oversee the company’s financial operations. This role involves managing budgets, ensuring regulatory compliance, optimizing costs, and supporting business growth through sound financial strategies. The ideal candidate will have a strong background in finance, accounting, and UAE regulations, with experience in payroll, vendor relations, and inventory control in a manufacturing or FMCG environment.

Key Responsibilities:

1. Financial Management

• Oversee the financial health of the company by preparing budgets, monitoring expenses, and controlling costs.
• Manage accounts payable and receivable, prepare accurate financial statements, and maintain up-to-date financial records.
• Provide regular financial reports and analysis to senior management for informed decision-making.

2. Payroll & Employee Settlements

• Process monthly payroll accurately and in compliance with UAE labor laws.
• Handle end-of-service calculations and final settlements for departing employees.

3. Procurement & Inventory Control

• Manage purchase orders (LPOs), supplier quotations, delivery notes, and purchase invoices.
• Conduct periodic stock counts for raw materials and finished goods, reconciling any discrepancies.

4. Banking & Cash Flow Management

• Ensure daily cash collections are reconciled and deposited promptly.
• Oversee petty cash usage and perform daily bank reconciliations to maintain liquidity.

5. Invoicing & Credit Management

• Issue invoices to clients in line with agreed terms and ensure timely collections.
• Process credit notes where applicable, maintaining proper documentation.

6. Vendor & Supplier Relations

• Build and maintain strong relationships with suppliers.
• Negotiate favorable payment terms and ensure timely vendor payments.

7. Policy & Compliance

• Develop and implement financial policies and procedures to improve efficiency and transparency.
• Ensure compliance with UAE tax regulations, labor laws, and company policies.

8. Year-End Closing & Audit

• Prepare and finalize monthly and annual financial closing reports.
• Coordinate with internal and external auditors for smooth audit processes.

9. Financial Analysis & VAT Filing

• Prepare and submit VAT returns; manage VAT refund processes.
• Conduct financial analysis to identify trends, forecast performance, and recommend strategies for cost optimization and revenue growth.

Qualifications & Skills:

• Bachelor’s degree in Finance, Accounting, or related field (CPA, ACCA, or CMA preferred).
• Minimum 3-5 years of finance experience, ideally in FMCG or manufacturing.
• Strong knowledge of UAE VAT regulations and labor laws.
• Proficiency in accounting software (e.g., Tally, SAP, or similar) and Microsoft Excel.
• Strong analytical, organizational, and leadership skills.

Benefits:

• Competitive salary package.
• Annual leave & benefits as per UAE labor law.
• Career growth opportunities in a fast-paced FMCG environment.

Job Type: Full-time

Pay: AED4,500.00 - AED5,000.00 per month

Experience:

• Financial Management: 3 years (Preferred)

Language:

• Hindi, English (Required)