Assistant Manager - Accounts and Finance

Apparel FZCO; United Arab Emirates; On-site; AED 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an Assistant Manager for Accounts & Finance to provide strategic and operational support in financial activities. This role encompasses preparing financial statements, overseeing accounting operations, and ensuring compliance with accounting standards. The successful candidate will contribute to budgeting, monitor cash flow, and support audits while mentoring junior team members. If you have a strong background in accounting and finance, particularly within retail or corporate sectors, this is an exciting opportunity to make a significant impact in a dynamic environment.

Qualifications

• 5+ years in accounting and finance, preferably in retail or corporate sectors.
• Proficiency in ERP systems is essential for this role.

Responsibilities

• Assist in preparing monthly, quarterly, and annual financial statements.
• Oversee daily accounting activities including accounts payable and receivable.
• Ensure compliance with tax laws and internal policies.

Skills

Financial Reporting

Budgeting

Compliance

Cash Flow Management

Cost Control

Education

Bachelor's degree in Accounting

Professional certifications (CA, CMA, MBA)

Tools

ERP systems (SAP, Oracle)

Job description

The Assistant Manager – Accounts & Finance will provide strategic and operational support by supervising financial activities at the group level. This role supports financial planning, budgeting, compliance, and reporting, ensuring data accuracy, adherence to internal controls, and organizational financial stability.

Key Responsibilities

1. Assist in preparing monthly, quarterly, and annual financial statements (Income Statement, Balance Sheet, Cash Flow).
2. Ensure accuracy and completeness of journal entries, account reconciliations, and financial reports.
3. Support compliance with relevant accounting standards (IFRS, GAAP, etc.).

Accounting Operations

1. Oversee daily accounting activities, including accounts payable, receivable, payroll, and general ledger functions.
2. Implement internal controls to safeguard assets and data.
3. Assist in monthly and year-end closing procedures.

Budgeting & Forecasting

1. Contribute to annual budgeting and periodic financial forecasts.
2. Monitor performance versus budget and analyze variances.
3. Identify cost-saving opportunities and risk mitigation strategies.

Compliance & Audit

1. Ensure compliance with tax laws, regulations, and internal policies.
2. Coordinate with external auditors for statutory audits.
3. Monitor adherence to financial policies and reporting requirements.
4. Support financial analysis and decision-making reports.
5. Assist with profitability analysis and cost control.
6. Evaluate financial trends and suggest optimizations.

Cash Flow Management

1. Monitor cash flow to meet operational needs.
2. Support bank relations, cash tracking, and liquidity management.
3. Mentor junior team members.
4. Collaborate with cross-functional teams for smooth operations.

Ad-hoc Duties & Projects

1. Support special projects and process improvements.
2. Stay informed on financial regulations and industry trends.

Desired Experience

5+ years in accounting and finance, preferably in retail or corporate sectors, with proficiency in ERP systems (SAP, Oracle, etc.). Bachelor's degree in Accounting, Finance, or related field; professional certifications (CA, CMA, MBA) preferred.

Key Relationships

• Assistant Manager - Accounts & Finance
• Assistant Manager - Accounts & Finance

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