Assistant Manager – General Ledger

3 days ago

Dubai, Dubai, United Arab Emirates Seddiqi Holding Full time 90,000 - 120,000 per year

Seddiqi Holding is a family-owned and managed company with a unique, diversified portfolio of businesses and brands across numerous sectors. The business includes Ahmed Seddiqi, Seddiqi Properties, Swiss Watch Services and Mizzen.

We are looking for an experienced Assistant Manager – General Ledger who will be responsible for overseeing General Ledger (GL) operations with a strong emphasis on month-end closing activities, ensuring accuracy, timeliness, and full compliance with IFRS and internal financial policies.

Key Responsibilities:

  • Lead and coordinate the month-end closing process to ensure timely and accurate financial reporting across the group.
  • Supervise and guide the GL team to achieve departmental goals, while monitoring and evaluating team performance against defined KPIs.
  • Manage ad hoc requirements from management, demonstrating flexibility and strategic alignment with organizational priorities.
  • Ensure all GL entries are posted accurately and on time in alignment with IFRS and internal accounting policies.
  • Oversee accounting processes related to investments, fixed assets, and lease management, ensuring compliance and seamless GL integration.
  • Review and reconcile all GL accounts in collaboration with AP, AR, and GL teams.
  • Maintain accurate schedules for Assets, Liabilities, and Equity accounts.
  • Review the Intercompany (IC) matrix monthly and ensure proper shared cost allocation across all Seddiqi group entities as per Transfer Pricing (TP) policy.
  • Ensure reconciliation between various Point-of-Sale (POS) systems and the finance ERP, maintaining data integrity and resolving discrepancies.
  • Ensure timely month-end closure and secure financial sign-offs from key stakeholders in alignment with reporting deadlines.
  • Deliver Trial Balance variance analysis with clear commentary to support management decision-making.
  • Ensure compliance with statutory obligations and commercial policies in relation to reported financial balances.
  • Prepare and submit audit schedules on time, supporting the line manager in ensuring timely and successful completion of internal and external audits
  • Maintain proper documentation and audit trails to support financial transparency and accountability.
  • Define goals and key performance indicators for each member of the team and ensure effective implementation of the performance management process
  • Develop talent within the team by providing guidance, ongoing feedback and coaching to achieve the defined goals

In order to be successful in this role, you should have:

  • Bachelor's Degree or equivalent in Finance / Accounting/ Business Administration
  • Professional qualification (e.g. CPA/ACCA/ACA/CIMA)
  • 6+ years of relevant experience in general ledger or financial accounting preferably in Luxury retail/Retail/FMCG in UAE.
  • Strong knowledge of IFRS and financial reporting standards.
  • 2- 3 years' experience as a supervisor / manager (Big 4 background is a plus)
  • Ability to work independently and lead other team members effectively.

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