Account Executive

2 weeks ago


Dubai, Dubai, United Arab Emirates N Gopaldaas Jewellers Full time

Position Title:
Accountant

Job Description:

Position Summary:


The Accountant at our jewelry store plays a crucial role in maintaining financial records, ensuring compliance with regulations, and providing financial insights to support business decisions.

They are responsible for managing all financial aspects of the store, including budgeting, financial reporting, and inventory management.

Key Responsibilities:

  • Financial Record Keeping: Maintain accurate and uptodate financial records, including accounts payable, accounts receivable, and general ledger entries.
  • Budgeting and Forecasting: Assist in the preparation of annual budgets and forecasts to guide financial decisionmaking and ensure financial stability.
  • Financial Reporting: Prepare monthly, quarterly, and annual financial reports for management review, highlighting key performance indicators and financial trends.
  • Inventory Management: Coordinate with inventory control staff to ensure accurate tracking of jewelry inventory, including reconciling physical counts with financial records.
  • Tax Compliance: Ensure compliance with all tax regulations and requirements, including sales tax, income tax, and any other applicable taxes.
  • Payroll Processing: Manage payroll processes, including calculation of employee salaries, deductions, and tax withholdings.
  • Financial Analysis: Conduct regular financial analysis to identify opportunities for cost savings, revenue growth, and improved profitability.
  • Internal Controls: Develop and implement internal controls to safeguard company assets and ensure compliance with accounting standards and policies.
  • Audit Preparation: Assist in the preparation for internal and external audits, providing necessary documentation and support to auditors.
  • Financial Advice: Provide financial guidance and support to store management, offering insights and recommendations to improve financial performance and efficiency.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field.
  • Certified Public Accountant (CPA) designation preferred.
  • Previous experience in accounting or financial management, preferably in the retail industry.
  • Proficiency in accounting software and Microsoft Excel
  • Excellent attention to detail and accuracy.
  • Ability to communicate effectively with team members and management.
  • Knowledge of jewelry industry practices and terminology is a plus.

Job Types:
Full-time, Permanent

Pay:
AED2, AED4,000.00 per month

Education:

  • Master's (preferred)

Experience:

  • Taxation: 1 year (required)
  • Accounts: 4 years (required)

Language:

  • English (required)
Application Deadline: 07/06/2024
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