Senior Accountant

Armada Retail Concept

Kuwait

On-site

KWD 9,000 - 19,000

Full time

14 days+

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Job summary

Armada Retail Concept in Kuwait is seeking an experienced Senior Accountant to join the finance team, focusing on end-to-end accounts payable, costing, and inventory valuation.

You will manage vendor invoices, POs and GRNs, and lead month-end activities while ensuring VAT/compliance and supporting audits. The role requires 5-6 years in AP/costing within FMCG or apparel retail and strong ERP skills (SAP/Oracle/Dynamics/NetSuite) with advanced Excel, in a Kuwait on-site setting.

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field.
  • 5-6 years of AP and costing experience.
  • Mandatory experience in FMCG, consumer goods, or apparel retail.
  • Strong ERP experience with SAP, Oracle, Microsoft Dynamics, NetSuite, or similar.
  • Advanced Excel skills, including Pivot Tables, complex formulas, data analysis, and financial modeling.
  • Strong knowledge of retail accounting, inventory valuation, landed costs, inventory aging, and multi-currency transactions.

Responsibilities

  • Manage end-to-end Accounts Payable and supplier payment workflows.
  • Develop and maintain accurate product cost sheets, including material, freight, customs, clearance, and handling costs.
  • Analyze standard vs. actual costing and report monthly margin variances.
  • Maintain ERP item masters, BOMs, and landed-cost templates.
  • Validate vendor invoices against POs and GRNs.
  • Manage domestic and international vendor payment cycles.
  • Conduct vendor reconciliations and resolve pricing, tax, and volume discrepancies.
  • Monitor AP aging and prepare weekly cash-flow forecasts.
  • Lead month-end activities related to AP, accruals, and inventory valuation.
  • Support internal/external audits and ensure compliance with VAT, customs, and financial controls.

Skills

Advanced Excel
Costing analysis
Multi-currency transactions
ERP systems
Retail accounting
AP & vendor payments

Education

Bachelor's degree in Accounting

Tools

SAP
Oracle
Microsoft Dynamics
NetSuite

Job description

Armada Retail Concept is looking for an experienced Senior Accountant to join our finance team in Kuwait.

Key Responsibilities
  • Manage end-to-end Accounts Payable and supplier payment workflows.
  • Develop and maintain accurate product cost sheets, including material, freight, customs, clearance, and handling costs.
  • Analyze standard vs. actual costing and report monthly margin variances.
  • Maintain ERP item masters, BOMs, and landed-cost templates.
  • Validate vendor invoices against POs and GRNs.
  • Manage domestic and international vendor payment cycles.
  • Conduct vendor reconciliations and resolve pricing, tax, and volume discrepancies.
  • Monitor AP aging and prepare weekly cash-flow forecasts.
  • Lead month-end activities related to AP, accruals, and inventory valuation.
  • Support internal/external audits and ensure compliance with applicable VAT, customs, and financial controls.
Required Qualifications
  • Bachelor’s degree in Accounting, Finance, or related field.
  • 5-6 years of relevant accounting experience, particularly in AP and costing.
  • Mandatory experience in FMCG, consumer goods, or apparel retail.
  • Strong ERP experience with SAP, Oracle, Microsoft Dynamics, NetSuite, or similar.
  • Advanced Excel skills, including Pivot Tables, complex formulas, data analysis, and financial modeling.
  • Strong knowledge of retail accounting, inventory valuation, landed costs, inventory aging, and multi-currency transactions.
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