Stock Accountant Required In Dubai - Dubai

Stock Accountant Required In Dubai

About the job

About NCH: At New Country Healthcare (NCH), our journey started with a powerful vision of fostering a healthier community, guided by the vision of our Chairman, Dr. Ghazi Al Koudsi. Through unwavering dedication, we have not only fulfilled our commitment to the community but also emerged as a prominent leader in the healthcare sector. Over the last 33 years, New Country Healthcare has established itself as the leading healthcare distributor in the UAE, with an extensive portfolio featuring over 1500 top quality products from over 50 international brands manufactured across the United States, Canada, Europe, Asia, and the Middle East.

At NCH, we have a holistic approach to health, and today, we import and distribute trusted international brands in pharmaceuticals, nutraceuticals, health and functional foods, sports nutrition, cosmeceuticals, and personal products, solidifying our position in the local and GCC markets. As we continue to grow, we remain committed to our core values, providing innovative and high quality healthcare products while upholding our legacy of excellence.

Culture at NCH: At New Country Healthcare (NCH), our people-centric culture thrives on collaboration, continuous growth, and innovation. We believe in the power of continuous education, empowering our teams to reach their full potential and contribute fresh ideas. With a strong focus on Learning and Development, we nurture a culture of learning through engaging seminars and ongoing training programs. United by a shared mission and values, our diverse team prioritizes sustainability, customer well-being, promotes healthy lifestyles, and fosters community education. At NCH, you'll find a supportive environment where collaboration and teamwork are at the heart of everything we do, working together to make a positive impact on the health and well-being of our community.

Position Overview: As we continue to expand our operations, NCH is seeking a diligent and detail-oriented Inventory Accountant who has an experience with ERP Microsoft Dynamic 365, SAP, Oracle to join our finance team. The successful candidate will be responsible for managing and overseeing the inventory of our company. This role requires an individual who can maintain accurate records of inventory, reconcile stock levels, and provide financial insights related to stock holding.

Responsibilities:

Record: Monitor and record inventory transactions in the accounting system (MD 365). Accounts Document Verification: Purchase Invoice verification & posting for both local & Imports, Checking Proforma Invoice Against P.O & Price List. Perform monthly, quarterly, and annual inventory calculation and reconciliations to ensure accurate reporting and ledger are matching, Also Monthly Checking & Reconciliation of all Suppliers SOA for Payment Purpose which should be link with the forecasted cashflow.
End closing process: Support month-end and year-end closing processes. Closing stock by monthly basis ensuring compliance with accounting IFRS standards and internal policies regarding inventory.
Financial Reporting: Prepare and analyse reports on inventory levels, adjustments, and variances. Making Inventory Stock Report for Landed Cost & Price Details. Prepare cost reports and provide a monthly COGS reconciliation between the system and the modules regularly and share the updates to management.
Budgeting: Assist in the preparation of annual budgets and forecasts related to product Landed cost.
Audit: Provide support during the external audit processes. Taking part in Annual Stock Taking. Assist on Annual Audit Report Requirements.
Preparing the monthly Provisions - Near Expiry & Obsolete Stock.
Making Tax Purchase Report for Quarterly VAT filing Purpose.
System Improvement: Continuously assess and improve operating system from accounting purposes to reflect latest business and legislation requirements, minimising level of manual transactions. Provide recommendations for improving inventory accounting strategies and controls.
Cost Saving: Assess inventory turnover and recommend strategies to minimise holding costs. Implement cost control measures to improve efficiency and reduce wastage and Identify cost-saving opportunities through process improvements or sourcing strategies. Cost-related support to decision-making processes across the organisation.
Policy maintenance: Develop and maintain policies and procedures with the reference to the IFRS, as per latest regulations. Maintain Transfer Price policy and any other policies following business and legislation requirements. Recommend improvements in inventory tracking and accounting processes.
Cross-functional Collaboration:Work closely with the procurement and supply chain / warehouse departments to track inventory movements.Effectively collaborate with stakeholders to convey cost-related insights and recommendations.

Qualifications:

Masters’ degree in Accounting, Finance, or a related field.
Proven experience as an Accounts Manager for a minimum 10 years.
CA certification is highly preferred.
Thorough knowledge of accounting principles and procedures.
Experience in Trading/ FMCG business preferred.
Intimate knowledge of IFRS and management reporting
Strong analytical and problem-solving skills.
Proficiency in accounting software and Google Suite.
Attention to detail and accuracy.
Ability to work independently and as part of a team.
Proven Tax knowledge.
Diligent with very strong work ethics and conflict resolution capabilities
Very good command in Microsoft office
Comfortable with multi-cultural environment
Ability to operate in both matrix and traditional organizational structures.
Ability to interpret and analyse financial statements and periodicals

Apply from link below

https://www.linkedin.com/jobs/view/3909177449/?

Posted on : 11 months ago, #180391, 2 views

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