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Senior Accountant Wanted

Al Majed GroupDoha

We are seeking an experienced and detail-oriented Senior Accountant with a strong background in the retail or luxury industry , preferably in watches, jewellery, fashion, premium accessories, or other high-end products. The successful candidate will be responsible for managing accounting operations, financial reporting, inventory accounting, stock reconciliation, accounts payable and receivable, and month-end closing activities while ensuring financial accuracy and compliance with company policies.

Key Responsibilities

  • Manage daily accounting operations, including general ledger, journal entries, and account reconciliations.
  • Prepare monthly, quarterly, and annual financial statements, including profit and loss statements, balance sheets, and cash flow reports.
  • Handle accounts payable (AP), accounts receivable (AR), supplier payments, and customer collections.
  • Monitor sales transactions across retail outlets and reconcile POS (Point of Sale) reports with accounting records.
  • Manage inventory accounting, stock valuation, cost of goods sold (COGS), and inventory adjustments.
  • Perform regular stock reconciliations and investigate discrepancies between physical stock and system records.
  • Reconcile sales, cash, credit card transactions, online sales, and other payment channels.
  • Monitor store expenses, petty cash, bank transactions, and inter-branch accounts.
  • Coordinate with store managers and inventory teams to ensure accurate sales and stock reporting.
  • Assist with budgeting, forecasting, cash flow management, and financial performance analysis.
  • Manage month-end and year-end closing activities and ensure timely submission of financial reports.
  • Review invoices, credit notes, purchase orders, and supporting financial documents.
  • Coordinate with external auditors and provide the required financial schedules and documentation.
  • Ensure compliance with applicable accounting standards, Qatar tax regulations, and internal financial controls.
  • Identify accounting discrepancies, recommend process improvements, and support the Finance Manager in financial planning.

Qualifications and Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum 5 years of relevant accounting experience , preferably in the retail or luxury goods industry.
  • Previous experience in watches, jewellery, fashion, premium accessories, or high-end retail is highly preferred.
  • Strong knowledge of inventory accounting, stock valuation, sales reconciliation, and cost of goods sold.
  • Hands-on experience with POS systems, ERP systems, and accounting software.
  • Proficiency in MS Excel and financial reporting.
  • Experience in Qatar or the GCC region is an advantage.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent attention to detail, accuracy, and confidentiality.
  • Ability to meet deadlines and work effectively with multiple retail outlets and departments.

Preferred Candidate Profile

  • Candidates with experience in luxury retail, jewellery, watches, or premium product businesses will be given preference.
  • Experience handling multi-branch retail accounting and inventory reconciliation is an advantage.
  • Knowledge of Qatar's financial and regulatory requirements is preferred.
  • Ability to work independently and coordinate effectively with retail operations, procurement, and inventory teams.

Work Location: In person

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