Job Overview:

We are seeking an experienced and detail-oriented Senior Accountant with a strong background in the automotive industry to manage day-to-day accounting operations, financial reporting, general ledger activities, and month-end closing. The ideal candidate will have practical experience in vehicle sales accounting, inventory valuation, spare parts accounting, workshop/service revenue, accounts receivable and payable, and VAT compliance.

The candidate should possess strong analytical skills, attention to detail, and the ability to ensure accurate financial records, internal controls, and compliance with applicable accounting standards and company policies.

Key Responsibilities1. General Accounting & Financial Reporting

Manage daily accounting transactions, journal entries, and general ledger reconciliations.
Prepare monthly, quarterly, and annual financial statements and management reports.
Perform month-end and year-end closing activities.
Reconcile bank accounts, cash balances, intercompany accounts, and balance sheet accounts.
Monitor expenses, accruals, prepayments, provisions, and fixed assets.
Ensure compliance with IFRS and applicable financial reporting requirements.

Automotive Sales & Inventory Accounting

Manage accounting for new and used vehicle sales, purchases, and trade-ins.
Reconcile vehicle inventory records with the general ledger and physical stock reports.
Monitor vehicle costing, landed costs, freight, customs duties, and other related expenses where applicable.
Verify vehicle sales invoices, purchase invoices, discounts, commissions, and related documentation.
Calculate and reconcile gross profit margins on individual vehicle sales.
Monitor inventory ageing, stock movements, and inventory valuation.
Coordinate with sales and procurement teams to resolve discrepancies.

Spare Parts & Workshop Accounting

Oversee accounting for spare parts inventory, purchases, sales, and stock adjustments.
Reconcile workshop labour revenue, service invoices, warranty claims, and customer payments.
Monitor service department expenses and profitability.
Reconcile spare parts consumption, returns, and inventory variances.
Coordinate with service advisors, workshop managers, and warehouse personnel to ensure accurate revenue and cost allocation.

Accounts Receivable & Payable

Monitor customer accounts, credit limits, outstanding balances, and collection activities.
Manage supplier invoices, payment schedules, and vendor reconciliations.
Reconcile balances with fleet customers, corporate clients, leasing companies, and insurance providers, where applicable.
Follow up on overdue receivables and prepare ageing reports.
Ensure timely processing of supplier payments and customer receipts.

VAT & Tax Compliance

Prepare and review VAT calculations, reconciliations, and supporting schedules.
Ensure correct VAT treatment for vehicle sales, spare parts, services, imports, and other transactions.
Maintain proper documentation for tax audits and regulatory reviews.
Support the preparation and submission of VAT returns in accordance with applicable local regulations.
Coordinate with external auditors and tax consultants when required.

Budgeting, Cost Control & Analysis

Prepare monthly financial analysis, departmental profitability reports, and variance analysis.
Monitor operating expenses and identify opportunities for cost savings.
Analyse vehicle sales margins, workshop profitability, spare parts margins, and inventory turnover.
Assist in preparing budgets, forecasts, and cash flow projections.
Provide financial insights to management to support business decisions.

Internal Controls & Audit

Establish and maintain effective accounting procedures and internal controls.
Investigate discrepancies in inventory, cash transactions, supplier accounts, and customer balances.
Support internal and external audits by providing schedules, reconciliations, and documentation.
Ensure compliance with company policies, approval procedures, and financial controls.

ERP & Team Coordination

Maintain accurate accounting records using ERP or accounting software.
Generate financial and operational reports for management.
Coordinate with sales, procurement, inventory, workshop, and operations teams.
Guide junior accountants and support the finance team in daily operations.
Recommend improvements to accounting processes and reporting systems.

Qualifications & Experience

Bachelor's degree in Accounting, Finance, or a related field.
Professional qualification such as ACCA, CPA, CMA, or an equivalent qualification is an advantage.
Minimum 5–7 years of relevant accounting experience, preferably including experience in the automotive industry.
Strong knowledge of vehicle sales accounting, inventory management, spare parts accounting, and workshop operations.
Good understanding of IFRS, financial reporting, and applicable VAT regulations.
Experience with ERP/accounting systems such as SAP, Oracle, Microsoft Dynamics, or Tally.
Advanced proficiency in Microsoft Excel and financial reporting.
Experience in account reconciliations, financial analysis, budgeting, and audit support.

Required Skills & Competencies

Strong analytical and problem-solving abilities.
High level of accuracy, integrity, and attention to detail.
Excellent organisational and time-management skills.
Ability to meet strict reporting deadlines.
Strong communication and coordination skills.
Ability to work independently and manage multiple priorities.
Good leadership and team supervision capabilities.

Pay: AED4,500.00 - AED5,000.00 per month

Work Location: In person

Senior Accountant

Visa & sponsorship

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