What are the responsibilities and job description for the Accountant position at Arabian Oud?
About us: Arabian Oud's long journey began in the traditional former marketplace of Riyadh, Souk al-Zal, intending to source one of the rarest scent profiles on earth, Oud, which has been a staple in Middle Eastern perfumery for centuries. Today, the Arabian Oud fragrance house – headquartered in Saudi Arabia – is a global brand with over 1200 stores in many parts of the world, and 400 distinctive products in its collection, spread over 37 countries. Our signature stores thrive in Paris, Dubai, Milano, Madrid, Nice, Berlin, New York, Kuala Lumpur, London Oxford Street, Westfield Stratford, and Westfield London.
Job Purpose: We are seeking a detail-oriented and experienced Accountant to join our team. The ideal candidate will have a strong background in accounting principles and practices, with the ability to manage financial records and ensure compliance with regulations.
Duties and Responsibilities:
- Accounts Receivable (AR): Manage and reconcile customer invoices, payments, and collections. Ensure timely and accurate recording of AR transactions.
- Accounts Payable (AP): Process vendor invoices, payments, and expense reports. Maintain accurate AP records and ensure timely payments.
- Bank and Cash Transactions: Reconcile bank statements and manage cash transactions. Ensure accurate recording of all bank and cash activities.
- Intercompany Transactions: Handle intercompany transactions, reconciliations, and settlements. Ensure compliance with intercompany policies and procedures.
- Fixed Assets: Maintain the fixed asset register, including additions, disposals, and depreciation. Conduct periodic asset physical count and ensure accurate reporting.
- Inventory Management: Conduct and oversee physical counts of inventory. Reconcile inventory records and ensure accurate reporting.
- Tax Topics: Assist in the preparation and review of tax returns. Ensure compliance with local tax regulations and reporting requirements. Provide support during tax audits.
- External and Internal Audits: Coordinate and support external and internal audit processes. Prepare necessary documentation and ensure timely resolution of audit findings.
- Monthly Reconciliations: Perform monthly reconciliations of all accounts to ensure accuracy and completeness of financial records.
- Financial Reporting: Assist in the preparation of monthly, quarterly, and annual financial statements.
- HR related tasks: payroll preparation.
Required Qualifications:
- Bachelor’s degree in Accounting
- Proficiency in English language
- CPA or CMA certification preferred.
- 5 years of accounting experience, preferably in retail industry.
- Experience with Oracle E-Business Suite is a plus.
- Proficiency in Microsoft Excel and other Office applications.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Effective communication and interpersonal skills.