Accountant, Payable – Retail Finance

Alshaya
Kuwait

Ref: GP435-2231
Alshaya

The Role


The Role


Our finance and treasury functions are operated to international standards, and are audited annually by globally renowned accounts and advisors. This helps to ensure that every element of our retail operation is of the highest calibre.

Strong financial resources, high standards of financial controls and management through a centralised financial department and detailed business planning that is carried out under the umbrella of a long term corporate plan.

Accountants within Retail Finance undertake all/any responsibilities appropriate to level of experience for activities within Sales, Cash Collection, Credit Collection, General Ledger, Purchasing, Banking, Loan Accounts, Payroll, Inventory and the Cashier's Office, to ensure the integrity and correctness of all financial data/ transactions.

• Substantiates and authenticates transactions by reviewing all supporting/justifying documents.
• Classifies and codes transactions in accordance with company Chart of accounts, adhering to company policy & procedures accounting standards.
• Reconciliation of accounts, inventory, sales, etc.
• Making supplier payments on time, accounting the invoices and reconciling the supplier accounts with supplier statements, reviewing supplier agreements, providing monthly accruals etc 

Requirements


Requirements


• Bachelor's degree in Accountancy
• Experience in Oracle Financial Systems preferred
• Sound knowledge in Excel and Word
• 2 - 3 years experience in similar role
• Excellent written & verbal English communication skills
• Team player
• Ability to work under pressure
• Experience in handling the year end audit
• Previous experience with finalising accounts independently

About the Company


About the Company


M.H. Alshaya Co. is a leading international franchise operator for over 70 of the world’s most recognised retail brands including Starbucks, H&M, Mothercare, Debenhams, American Eagle Outfitters, P.F. Chang’s, The Cheesecake Factory, Victoria’s Secret, Boots, Pottery Barn and KidZania. The company operates over 2,600 stores across diverse customer sectors: Fashion & Footwear, Health & Beauty, Food, Optics, Pharmacy, Home Furnishings and Leisure & Entertainment.

Alshaya’s stores can be found in markets across the Middle East and North Africa, Russia, Turkey and Europe and the company employs more than 40,000 people from over 110 nationalities.

The company has established itself as the industry leader across these territories through a combination of local market understanding and a comprehensive commitment to customer service. Growth in each of its operating divisions and brands is supported by continuous investment in talent and infrastructure. It applies best practices in retail operations, merchandising, marketing, information technology, logistics, real estate, human resources and financial controls.

M.H. Alshaya Co. is the retail business of the Alshaya Group, which was founded in Kuwait in 1890 and today represents one of the most dynamic companies in the Middle East. In addition to its retail operations, the Alshaya Group is active in a number of other sectors including real estate, automotive, hotels, trading and investments.
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