Senior Accountant Wanted
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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