Assistant Financial Analyst – Supply Chain & Logistics

Al Tayer Group; Abu Dhabi; On-site; AED 150,000 - 210,000; Full time

Job summary

Al Tayer Group is seeking an Assistant Financial Analyst for its Supply Chain & Logistics division in Abu Dhabi. The role focuses on managing the accounting function in line with international standards and providing timely financial insights.

The ideal candidate will have a commerce degree with CA Inter/ Semi qualification, 5–7 years of accounting experience, strong IFRS knowledge, Excel prowess, and ERP exposure. This is a 1-year fixed-term contract in the UAE.

Qualifications

• Must have knowledge or experience with international accounting practice in computerized environments.
• Strong Excel skills and familiarity with ERP systems.
• Understanding IFRS is required.
• Strong analytical, numerical and research abilities.
• Excellent organizational and planning capabilities, able to work under pressure.

Responsibilities

• Manage the accounting function in accordance with international standards.
• Analyze inter-company and head office expenses and compare to budgets with explanations.
• Allocate common expenses to cost centers and maintain control of accounts.
• Assist in budgets, business plans and forecasts with data collection and budgeting tools.
• Ensure accruals for services and reflect in balance sheet schedules.
• Prepare sales reports and ad hoc management reports.
• Coordinate forex requirements with operations and treasury.
• Liaise with banks for guarantees and letters of credit as needed.
• Prepare cash flow statements for current and upcoming months to avoid cash crunches.
• Support internal and external audits and implement improvement actions.
• Prepare monthly management reports.
• Conduct periodic counts of fixed assets and inventory.

Skills

IFRS knowledge

Excel proficiency

ERP exposure

Analytical skills

Organizational skills

Education

Commerce graduate with CA Inter/Semi qualified

Tools

ERP systems

Job description

Job description

Assistant Financial Analyst – Supply Chain & Logistics | 1-Year Fixed-Term Contract

About Us

As a leader in luxury retail in the Middle East, Al Tayer Group's retail division, Al Tayer Insignia, hosts a portfolio of some of the world’s best luxury brands in the fashion, jewellery, home and department store categories. Complementing its position in luxury retail, Al Tayer Insignia has also built new frontiers in lifestyle retail, representing leading brands in the Beauty, Home, Fashion and Hospitality sectors. Our brands include Bloomingdale’s, Harvey Nichols and Armani to name just a few!

Job Purpose

To manage the accounting function of the company (or assigned companies – as applicable) in accordance with international standard accounting practice, so as to accurately compute and reflect the financial position of the company

Functional Roles and Responsibilities

• Exercise proper control over the capital expenditures and ensure accurate capitalization of the assets.
• Analyze the inter company, head office expenses and other overheads and ensure proper controls as compared to budgeted figures and seek proper explanation to validate them.
• Allocate the common expenses to various cost centers as per predefined criteria and ensure control over common accounts.
• Assist in preparing budgets, business plan and forecast exercises by liaising with other departments involved, collection and verification of data and populating it in budgeting tools.
• Ensure proper accrual is being maintained for the services availed and compile the same in balance sheet schedules.
• Verify commission for the sales staff based on agreed criteria
• Prepare sales report or Ad Hoc reports for management to evaluate business performance.
• Liaise with the operational units to identify Forex requirements and report same to treasury department.
• Liaise with banks for bank guarantees, letter of credit (Import/ export) as requested by operations.
• Prepare cash flow statement for the current month and the forthcoming months to ensure that at no point of time company faces cash crunch and defaults in payments
• Facilitate the audit of accounts by internal and external auditors. Examine the audit report in consultation with seniors and implement corrective action if required to improve efficiency and transparency.
• Preparation of monthly management reports.
• Conduct periodic counts of fixed assets and trading inventory to ensure its availability and fair valuation

Qualifications

Education/Certification and Continued Education

• Commerce graduate with CA Inter/ Semi qualified

Years of Experience

• 5 to 7 years in an accounting function

Knowledge and Skills

• Knowledge / experience in international accounting practice in a computerized environment.
• PC Literate with good Excel knowledge and exposure to ERP solutions
• Should be familiar with International Financial Reporting Standards.
• Should have good analytical, numerical and research skills.
• Should have good organizational and planning abilities including the ability to deal with/work under pressure