Gulf Marketing Group is one of the Middle East’s leading, family owned companies. Operating across the GCC, Gulf Marketing Group is a dynamic group boasting a diverse portfolio of retail outlets, brands and consumer and B2B services across key sectors such as healthcare and pharmaceuticals, sports and fitness, real estate, education and technology.
About the role
R2R Senior Accountant will be responsible for overseeing and ensuring the accuracy and completeness of financial records, performing reconciliations, and supporting the month-end and year-end closing processes. The role demands exceptional attention to detail, strong analytical capabilities, and a deep understanding of accounting principles in the retail industry.
General Ledger Management: Maintain and reconcile the general ledger accounts, ensuring accuracy and compliance with accounting standards and company policies.
Month-End and Year-End Closing: Collaborate with the finance team to support the timely and accurate completion of month-end and year-end closing activities, including accruals, adjustments, and reporting.
Financial Reporting: Prepare and analyze financial statements, ensuring adherence to relevant regulations and providing valuable insights to stakeholders.
Balance Sheet Reconciliations: Conduct thorough reconciliations of balance sheet accounts, addressing any discrepancies and ensuring data integrity.
Fixed Assets Accounting: Manage fixed assets accounting, including depreciation calculations and tracking, and handle related capitalization and disposals.
Intercompany Transactions: Oversee intercompany transactions and reconciliations with accuracy and efficiency.
Audit Support: Act as a key point of contact during internal and external audits, providing necessary documentation and ensuring compliance with audit requirements.
Process Improvement: Continuously identify opportunities to streamline and improve R2R processes, enhancing efficiency and controls.
Compliance and Policies: Stay up-to-date with accounting standards, tax regulations, and company policies, ensuring full compliance and timely implementation of changes.
Team Collaboration: Collaborate with cross-functional teams, including finance, treasury, and operations, to provide financial insights and support strategic decision-making.
Bachelor's degree in Accounting, Finance, or related field
Professional certification such as CMA is a plus
Proven experience (typically 5+ years) as an R2R Accountant, preferably in the retail or consumer goods industry
In-depth knowledge of generally accepted accounting principles (EGY GAAP) and IFRS
Strong analytical skills and the ability to interpret financial data and trends effectively
Exceptional attention to detail and accuracy in financial reporting