Manager Accounting

1 month ago


Dubai, United Arab Emirates Adidas Full time
Purpose & Overall Relevance for the Organisation:
The main purpose of the Manager Accounting/Tax – GCC & Jordan is to manage the day-to-day activities of the accounting function in GCC & Jordan, ensure compliance with all Group Finance policies and procedures, IFRS/local GAAP standards, local Tax/legal regulations, statutory/financial requirements, and business partner with all internal functions for key projects rolled out across the business.
Also managing a team of 3 FTE’s across 4 Legal Entities, the Manager Accounting shall lead all Tax, ERP and financial projects.
Key Responsibilities:
Accounting:
  • Month end, Quarter end and Year end closing in SAP, Grape/CFIN and smart close
  • Drive actual data accuracy for P&L
  • Monthly Balance sheet reconciliation, overview, and ageing review
  • Alignment and follow-up with team on aged accounts (all BS accounts)
  • Drive OOH accuracy and target achievement for month end closing and RFC
  • Handle interim and year-end financial audits
  • Preparation of consolidated Financial statements and management accounts (5 entities)
  • Manage yearly internal audit submissions
  • Maintain insurance contract renewals
  • Maintain updates of profit and cost structure creations
  • Payroll accounting and reconciliations with HR partners (understanding of labor law & financial impacts)
  • Handle inventory valuation and intercompany markup reconciliations for all IC transactions
  • Submission of Cost of sales reconciliation monthly with gap analysis
  • Assisting in the preparation of operating overheads for RFC, SBP & Budget including relevant comments for variance
  • Providing assistance in the roll out of key projects in GCC and Jordan
  • Guidance to direct and indirect team on accounting treatment
  • Alignment with Real estate team to ensure accuracy of lease master data for IFRS 16
  • Oversee and manage the general accounting functions, including, but not limited to: accounts payable, accounts receivable, general ledger, and taxes
  • Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong team relationships
  • adhoc reporting and projects
    Compliance & legal:
    • Drive all IFRS/GAAP implementations locally and forecast future impacts
    • Issue Financial statements in alignment with External auditors
    • Submit FS to Ministry and JAFZA
    • Handle ESR reporting and other ad hoc reporting (Transfer pricing, SCAD, Dubai statistics)
      Taxation:
      • Implementation of Corporate tax in UAE
      • Drive all Tax, Transfer pricing and Economic substance submissions
      • Responsible for accurate and timely submission of local taxes
        Key Relationships:
        • All local & global departments (legal/tax/insurance/internal audit/Real estate/FP&A, others)
          • External stakeholders: Federal Tax authority, Ministry of Finance, Auditors
            KPI’s:
            • Data Accuracy
            • Policy Enforcement
            • Team management
            • Time management
              Knowledge, Skills, and Abilities:
              IT skills
              • Outlook: intermediate
              • Word: intermediate
              • Excel: advanced
              • PowerPoint: basic
              • SAP: intermediate experience
                Requisite Education and Experience / Minimum Qualifications:
                • University degree in finance, preferably ACCA or CA
                • Ideally with a qualified accounting/audit background
                • 5+ years of accounting experience
                • Experience in team management
                  Language skills English (written and verbal) AT ADIDAS WE HAVE A WINNING CULTURE. BUT TO WIN, PHYSICAL POWER IS NOT ENOUGH. JUST LIKE ATHLETES OUR EMPLOYEES NEED MENTAL STRENGTH IN THEIR GAME. WE FOSTER THE ATHLETE‘S MINDSET THROUGH A SET OF BEHAVIORS THAT WE WANT TO ENABLE AND DEVELOP IN OUR PEOPLE AND THAT ARE AT THE CORE OF OUR UNIQUE COMPANY CULTURE – THE 3CS: CONFIDENCE, COLLABORATION AND CREATIVITY.
                  • CONFIDENCE allows athletes to make quick decisions on the field, to reach higher. For us at adidas confidence means acknowledging that we don’t have all the answers. But we are willing to take risks, we try new things. And if we fail, then this is part of our learning – it helps us improve. COLLABORATION. Every elite athlete relies on partners: coaches, teammates, and nutritionists. We, too, know that we are stronger together. Winning as one team takes open and candid dialogue, inclusiveness and trust in each other’s abilities and talents. Being the best sports company in the world takes CREATIVITY. No great athlete succeeds by copying their predecessors’ training plans and strategies. We have to be open to new ideas, explore, gain an edge and stand out. Only then can we succeed. ADIDAS CELEBRATES DIVERSITY, SUPPORTS INCLUSIVENESS AND ENCOURAGES INDIVIDUAL EXPRESSION IN OUR WORKPLACE. WE DO NOT TOLERATE THE HARASSMENT OR DISCRIMINATION TOWARD ANY OF OUR APPLICANTS OR EMPLOYEES. WE ARE AN EQUAL OPPORTUNITY EMPLOYER. JOB TITLE: Manager Accounting & Tax GCC & Jordan BRAND: adidas LOCATION: Dubai TEAM: Accounting & Finance STATE: DU COUNTRY/REGION: AE CONTRACT TYPE: Full time NUMBER: 470510 DATE: Aug 1, 2022

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