Sr. Accounts & Control Associate - Retail Finance

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