Accountant

Al Boom Marine

Dubai, UAE

Posted
Ref: RP385-09

Job description / Role

Job Purpose

• Responsible for providing accounting support to accounting supervisors and other managers within the department.
• Keys daily worksheets to the general ledger system, ensures files are complete and maintained as needed, handles accounts payable duties, and assists accounting personnel.
• Maintain up-to-date billing system for all receivables of the Company.
• Ensure consistent follow up, collection and allocation of payments for all the customers and Investigate and resolve customer queries as and when required.
• Organizing a recovery system and initiate collection efforts

Key Responsibilities

• Processing and recording of all sales transactions
• Verifying the wholesale invoices raised by the sales coordinators and checking whether they have been invoiced correctly
• Support in issuing LC/TR`s in coordination with banks
• Keeping a track of Marketing support and ensure timely receipt of the same
• Daily monitoring of Gross Margins, any exceptions to be highlighted immediately to line manager
• Calculation of Rebates and their settlement with customer as per signed agreement
• Follow-up with the sales coordinator and the customers for the outstanding and agreeing to the balances with them
• Reconciling of all cash and credit card deposits
• Preparing the commission for sales staff and others
• Scrutinize debtor/creditor ledgers and to rectify wrong classifications
• Informing the controller of the inflow of cash/credit cards and cheques
• Keeping track of all credit notes and verifying whether all of them have been recorded
• Obtain the duly filled credit forms from customers – signed and stamped
• Tracking the purchase orders and monitoring the flow of goods into the warehouse
• Verifying whether all credit/debit notes have been raised/received and is accounted for
• Preparing a list of goods replaced under warranty and their respective treatments
• Verify the cut-off of sales, commissions, credit notes, cash and credit card control accounts
• Send confirmation letter to debtors and creditors
• Help in preparing the schedules required for audit of accounts
• Key contact for local vendors and banks regarding administrative issues;
• Ensure timely monthly closing of books
• Help in preparation of MIS for timely submission to Management

Requirements

Qualifications

• Bachelor’s degree in Accounting / C.A Intermediate
• Minimum of 1-2 years of accounting experience in the Retail industry
• Should have Command over Microsoft excel, including Macros and Pivot tables.
• Good skill levels are required for Microsoft word and power point.
• Experience with Microsoft Navision.

Competencies

• Good Communication Skills
• Ability To Handle Large Volume Of Transaction And Workload
• Attention to detail
• Ability To Meet The Deadline With Efficiency
• Financial Statements Analysis Skills
• Advanced MS Office Skills
• Good Planning And Organizational Skills
• With Experience in Retail Industry within GCC

About the Company

Al Boom Marine is a leading lifestyle retail and distribution company that operates in the GCC and MENA regions, with more than 25 brands and over 60 retail through concept and own multibrand stores, as well as more than 300 active wholesale accounts. Concepts and brands diverse from lifestyle, leisure and watersports to tech and accessories.

Established in 1987, Al Boom Marine is successfully growing geographically and commercially, working continuously on entertaining its clients within the categories it caters for, mostly related to people's leisure time.

Al Boom Marine started as a distribution company selling eyewear, apparel, footwear, equipment and accessories of its popular watersports, surf and lifestyle brands across the GCC to major sports and optical accounts. Acquiring the distribution rights of GoPro in the region, our client base now includes top electronic retail chains across the region.

The retail division is entertaining our customers through our own multi-brand stores (Beyond The Beach) and concept stores of Oakley, Rip Curl, Tommy Bahama, New Era, Seafolly and Animal. Our retail chain varies from mall stores to street and hotel concepts.

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Accountant salaries in UAE

Average monthly compensation
AED 5,000

Breakdown available for industries, cities and years of experience