Senior Accountant

CITY PHARMACY CO; United Arab Emirates; On-site; AED 70,000 - 100,000; Full time

Job summary

CITY PHARMACY CO is looking for a Senior Accountant to join their finance team in the United Arab Emirates. This role focuses on accurate financial reporting, VAT compliance, and managing pharmaceutical inventory accounting in a fast-paced environment.

The ideal candidate will have a Bachelor’s degree in Accounting or Finance, a professional qualification, and 4–7 years of relevant experience in pharmaceutical distribution or healthcare.

Qualifications

• 4–7 years of relevant accounting experience.
• Strong knowledge of IFRS and UAE VAT.
• Experience in pharmaceutical distribution preferred.

Responsibilities

• Prepare and review financial statements in line with IFRS.
• Lead month end and year end closing activities.
• Monitor and analyze gross margins by product.

Skills

Analytical skills

Attention to detail

Communication

Stakeholder management

Education

Bachelor’s degree in Accounting, Finance, or a related field

Professional qualification (ACCA, CPA, CA, CMA)

Tools

ERP systems

Advanced Excel skills

Job description

Employment Type

Full-time

Job Summary

We are seeking a highly experienced Senior Accountant with strong exposure to pharmaceutical distribution to join our finance team. This role is critical in ensuring accurate financial reporting, robust inventory and margin controls, compliance with IFRS and UAE VAT regulations, and adherence to healthcare industry requirements in a fast‑paced expiry‑sensitive environment.

Key Responsibilities

• Prepare and review monthly, quarterly, and annual financial statements in line with IFRS.
• Lead month end and year end closing activities, including journal entries, accruals, and provisions.
• Monitor and analyze gross margins by product, supplier, and customer.
• Ensure correct VAT treatment of pharmaceutical products (zero‑rated vs standard‑rated) and prepare VAT returns.
• Support internal and external audits and regulatory reviews.
• Maintain strong internal controls and accurate audit trails.
• Review accounts receivable, credit notes, and bad debt provisions.
• Support budgeting, forecasting, and cash flow planning.
• Work closely with supply chain, sales, regulatory, and operations teams.
• Supervise and mentor junior accounting staff.
• Drive continuous improvement in accounting processes and ERP system utilization.
• Manage and control pharmaceutical inventory accounting, including batch lot and expiry tracking, inventory valuation and reconciliations, and provisions for expired, near‑expiry, slow‑moving, and obsolete stock.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional qualification preferred (ACCA, CPA, CA, CMA).
• Minimum 4–7 years of relevant accounting experience.
• Prior experience in pharmaceutical distribution, healthcare products, or FMCG is highly preferred.
• Strong knowledge of IFRS, inventory accounting, and UAE VAT.
• Hands‑on experience with ERP systems and advanced Excel skills.
• Audit experience and regulatory exposure within the healthcare sector are a plus.
• Strong analytical and problem‑solving skills.
• High attention to detail and accuracy.
• Ability to work under pressure and meet tight deadlines.
• Strong communication and stakeholder management skills.
• Proactive, hands‑on approach with a continuous improvement mindset.
• High ethical standards and professional integrity.