Accountant (FMCG Background)

Job Description: Accountant (FMCG Background)

Location: Dubai, UAE ( Currently available for interview)

Target Candidate Age: up to 30 years old

Experience Level: 28 years of overall accounting experience, with at least 2+ years in the FMCG, Food & Beverage, or distribution sector.

Job Purpose

Oversee daily financial operations, cost control, inventory reconciliation, internal audit support, and compliance with UAE tax regulations. This role requires hands-on experience in managing high-volume trading transactions, SKU-level cost tracking, and operational accounting for FMCG distribution.

Key Responsibilities

1. Day-to-Day Financial Operations

• Manage general ledger transactions, journal entries, accounts payable (AP), and accounts receivable (AR).
• Conduct bank, vendor, and customer account reconciliations.
• Prepare monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
• Handle UAE VAT returns, Corporate Tax compliance, and maintain accurate audit trails.

2. FMCG & Cost Accounting

• Track product costing, landed costs (freight, customs, handling), and bill of materials (BOM).
• Manage inventory valuation, monitor stock movement, and track Cost of Goods Sold (COGS) across warehouse channels.
• Analyze gross profit margins by product lines, channels, and SKUs to identify cost leaks or yield loss.
• Perform monthly physical inventory counts and reconcile variances between system records and physical stock.

3. Internal Audit & Controls

• Establish and review internal control procedures across sales, procurement, and inventory workflows.
• Perform periodic operational audits on petty cash, van sales reconciliations, and credit limits.
• Coordinate with external auditors during financial audits and ensure timely compliance with audit queries.

Candidate Profile & Qualifications

• Education: Bachelor’s degree in Accounting, Finance, or Commerce. CA Inter, ACCA, or CMA certification preferred.
• Experience: 6–8 years of core accounting experience, with mandatory background in FMCG, retail, or wholesale distribution.
• Technical Skills:
  
• Proficient in ERP systems (SAP, Oracle, Microsoft Dynamics, or Tally).
• Advanced MS Excel skills (Pivot Tables, VLOOKUP, complex formulas).
• Sound knowledge of IFRS, UAE VAT, and UAE Corporate Tax laws