Chief Accountant

Job description / Role

Inspire | Exhilarate | Delight

For over seven decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. In its pursuit to excel as a hybrid luxury retailer, the Group has curated a portfolio of over 10 owned brands and strengthened its distribution and marketing expertise for over 400 international names across luxury fashion, beauty, jewellery, watches, eyewear, and art de vivre categories.

Every step at Chalhoub Group is taken to build a future where luxury dreams become reality - bridging cultures and crafting memorable experiences for our consumers. Be it by constantly reinventing itself, committing to innovation, or embracing new technologies, the Group is shaping the future of luxury retail. It delivers seamless omnichannel experiences across more than 950 stores, online platforms, and mobile apps. Driving this innovation journey is The Greenhouse - the Group's innovation hub, incubator, and accelerator for startups and emerging businesses, regionally and globally.

Chalhoub Group fosters a people-at-heart culture rooted in diversity, equity, and inclusion, and a workplace catalysed by forward thinking and future-proofing. Today, it brings together over 16,000 talented professionals across eight countries in the Middle East, with a presence in LATAM. Their collective efforts have earned the Group the Great Place to Work® certification in several markets.

Sustainability is at the core of the Group's strategy, guided by a clear commitment to people, partners, and the planet. Chalhoub Group is proud to be a member of the United Nations Global Compact, a signatory of the Women's Empowerment Principles, and to have pledged to reach Net Zero by 2040.

What you'll be doing

• Oversee AR and intercompany transactions: Ensure timely, accurate invoicing, processing of customer payments, and proper recording of intercompany transactions.
• Manage AR aging process: Optimize and manage the accounts receivable aging process and ensure prompt resolution of overdue accounts.
• Team leadership and mentorship: Lead, mentor, and supervise AR and intercompany teams, providing training, development, and performance evaluations.
• Reporting and analysis: Prepare and analyze AR and intercompany reports, including aging reports and reconciliations.
• Discrepancy resolution: Investigate and resolve discrepancies in AR and intercompany accounts, collaborating with relevant teams.
• Cross-department collaboration: Work with Sales, Customer Service, Legal, Finance, and Treasury to resolve disputes, improve processes, and ensure customer satisfaction.
• Compliance and audits: Ensure compliance with GAAP/IFRS, internal policies, and tax regulations; participate in internal and external audits.
• Process improvement: Continuously assess and enhance AR and intercompany accounting processes for efficiency and accuracy.
• Intercompany reconciliations: Oversee reconciliation of intercompany accounts across legal entities and ensure accurate elimination of intercompany balances.
• Prepare monthly SLAs for AR and IC: Develop and monitor monthly Service Level Agreements (SLAs) for accounts receivable and intercompany processes to ensure performance targets are met and efficiencies are maintained.
• Leadership and best practices: Lead teams by promoting best practices, internal controls, and ensuring high standards of accuracy and efficiency in all processes.

What you'll need to succeed

• Bachelor's degree in accounting or a related field.
• Minimum of 8 years in an accounting role, including experience in preparing financial statements.
• Proficient in accounting software such as Oracle and Microsoft Excel.
• Strong verbal and written communication skills with a proven ability to work collaboratively in a team environment.
• Excellent analytical thinking with the ability to prioritize and manage multiple tasks effectively.

What we can offer you

With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts.

We invite all applicants to apply

It takes diversity of thought, culture, background, differing abilities and perspectives to truly inspire, exhilarate and delight our customers. At Chalhoub Group, we are committed to inclusion and diversity.

We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.

About the Company

The Chalhoub Group is the leading partner for luxury across the Middle East since 1955. As an expert in retail, distribution and marketing services based in Dubai, the group has become a major player in the fashion, beauty and gift sectors regionally.

By blending its Middle East expertise and intimate knowledge of luxury, Chalhoub Group is building brands in the region, by offering service excellence to all its partners and a unique experience to its customers through its passionate teams.

With a growing workforce of more than 9,000 people, implemented in 14 countries, as well as the operating of over 470 retail outlets, the group's success is attributed to its most valued asset of highly skilled and dedicated teams. Professionalism and passion are what fuel the Chalhoub Group's competitive edge in today's market.

By being committed to implementing sustainable practices into their business, the Chalhoub Group has been awarded in 2013 the CSR Label from the Dubai Chamber of Commerce.