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Sr. Accounts & Control Associate - Retail Finance

Date: 17-Sep-2022

Location: KW

Company: Alghanim Industries

Job Summary:

The Senior Associate – Accounts & Control/Supervisor serves as an Accounting Team Leader within the Business Unit and supports the financial and accounting aspects of the business.

Reporting to Manager Accounts and Control Xcite (Kuwait & KSA)  Home Division, RFS (Credit). 


Key Responsibility:

  • Performing Balance Sheet account reconciliations and following up with operations /related parties for corrective actions.
  • Posting of Journal Transactions post review
  • Month End Closing Activities -TB Uploads, Consolidation , Hyperion/Tagetik etc
  • Handling requirements of External and Internal Auditors and independently making the financials.
  • Monthly financial reporting to managers
  • Execution of new IFRS requirements (IFRS 9, 16 etc.)
  • Execution of all internal and external project requirements
  • Fixed Asset Capitalization, counts and Write Off's in coordination with showroom  / service center team’s
  • Exceptional reporting to MAC, Controller and senior management
  • Review of Tax -KSA: monthly VAT filing and coordinate with treasury and VAT consultants, WHT, Zakat etc
  • Ensuring insurance coverage for all business maintaining proper tracker of claims
  • Ensuring Marketplace Books of accounts including all aspects of project- Be part of automation projects
  • Posting of customer receipts and tagging.
  • Gap analysis of key process and initiating automation wherever possible


Candidate Requirements:

  • A graduate in Accounting or Finance with deep understanding of accounting and financial principles.
  • Professionally Qualified – CA, ACCA, CPA
  • A minimum of 4-5 years of experience working in an accounting function, preferably in Big 4 or a big retail company.
  • An organized approach with proven ability to work under pressure and meet tight deadlines.
  • Strong communication skills in English with ability to communicate and collaborate cross-functionally in an organization