Accountant - O2C KERING

KERING MEA; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

KERING MEA is seeking an Accounts Receivable professional to manage financial transactions and ensure compliance within their luxury retail sector. The role involves monthly reconciliations, customer account management, and collaboration with various teams to enhance operational efficiency. Ideal candidates will have relevant experience in accounting within a shared services environment, strong analytical skills, and the ability to thrive in a fast-paced setting.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3–5 years experience in O2C or AR roles.
• Experience with luxury retail is a plus.

Responsibilities

• Ensure accurate and timely sales interface and reconciliation of daily store closures.
• Perform bank reconciliations for all AR-related transactions.
• Post month-end journal entries and prepare AR aging reports.

Skills

Attention to detail

Analytical skills

Problem-solving skills

Communication

Interpersonal abilities

Flexibility

Education

Bachelor’s degree in Accounting or Finance

Tools

SAP

Excel

Job description

• Ensure accurate and timely sales interface and reconciliation of daily store closures (DOS), including shops-in-shops and e-commerce platforms.
• Prepare and issue third-party B2B invoices, including monthly invoicing for shop-in-shop sales.
• Monitor intercompany transactions and perform monthly intercompany reconciliations.
• Post petty cash transactions in line with budget allocations from brand finance teams.
• Review and validate petty cash statements from stores, ensuring accuracy and proper authorization.
• Identify and implement process improvements to enhance O2C efficiency.

Accounts Receivable & Cash Application

• Perform bank reconciliations for all AR-related transactions.
• Maintain and organize AR documentation archives.
• Apply incoming payments accurately and manage customer account reconciliations.

Month-End & Reporting

• Post month-end journal entries and complete tasks in Blackline.
• Support internal and external audits by providing relevant sales and AR documentation.
• Prepare AR aging reports and assist in DSO and cash flow analysis.

Compliance & Communication

• Ensure store compliance with internal financial policies and procedures.
• Communicate effectively with store networks to resolve sales-related discrepancies.
• Collaborate with cross-functional teams including sales, logistics, and customer service.

Qualifications & Experience :

• Bachelor’s degree in Accounting, Finance, or related field.
• 3–5 years of experience in O2C or AR roles, preferably in a shared services or retail environment.
• Experience with luxury retail or consumer goods is a plus.
• Proficiency in ERP systems (SAP O2C function preferred).
• Strong Excel and reconciliation skills.
• High attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities. Collaborative and flexible
• Ability to manage multiple priorities in a fast-paced environment.
• Knowledge of MEA regional financial and tax regulations (e.g., VAT).