Accountant

Company Description COEGA Sunwear is a homegrown UAE brand that started in Dubai to meet the need for stylish, protective sunwear for the whole family. From its original pool shoe, the company has expanded into a wide range of mix-and-match UV50+ rated swimwear, now available in over 100 retail outlets and various online platforms across the GCC. Role Description We are seeking a highly skilled, experienced and detail-oriented Accountant to join our team. The ideal candidate will be responsible for managing financial records, preparing accurate reports, handling VAT Tax returns & Corporate Tax, and ensuring compliance with UAE financial regulations. This is a contract, on-site role based in JAFZA. Responsibilties • Maintaining the general ledger and ensuring sales, purchases and journals are posted accurately and on time across group entities. • Prepare periodic (monthly) balance sheets, income statements and cash flow statements. • Budgeting and forecasting: preparation and consolidation of the annual budget and quarterly forecasts. • Handle payroll processing, salary-related journal entries, accruals, provisions and payroll reconciliations. • Conduct variance analysis on gross profit by product and customer, slow-moving stock and inventory holding, and present actionable insights to senior management. • Manage cash flow by monitoring and updating cash flow reports, forecasting accounts receivable and accounts payable, and coordinating payment schedules with suppliers. • Reconcile bank statements and ensure accuracy of cash balances. • Manage accounts payable and accounts receivable processes, including timely vendor payments and customer invoicing. • Prepare and file the VAT group return on time. • Lead the implementation of UAE e-invoicing. • Calculate product prices, conduct gross profit analysis and input approved pricing into the Product Lifecycle Management (PLM) system. • Calculate discounts requested by the sales team and ensure compliance with company policies and profitability targets. • Review stock reconciliation files for finished goods and raw materials, approve inventory adjustments within agreed limits and set provisions for bad debts and slow-moving stock. • Provide external auditors with schedules and documents for the annual audit and supply the data needed for corporate tax filing. • Create, maintain and update departmental policies and procedures files. Note: The responsibilities and requirements outlined above are intended to be representative, but not all-inclusive, of the responsibilities and qualifications necessary for this position. Other related duties may be assigned as required to meet the ongoing needs of the organization. Education • Bachelor’s degree in Accounting. • ACCA, CIMA, CPA or similar qualification is preferred. Experience • Minimum 5 years’ experience in an Accounting or Finance Department, with 3 year experience in General Financial Accounting and 2 years in Cost Accounting. (essential). • Highly proficient with accounting software. Minimum 3 year experience with accounting software, QuickBooks preferred, but other globally recognized software is acceptable. (essential). • Proven UAE VAT return experience. • Strong hands-on bookkeeping, general ledger and month-end close experience • Experience supporting external audits and responding to auditor queries. • Experience working on ERP systems. Technical Skills • Excel – A strong knowledge of Pivot Table and VLOOKUP is a MUST. This skill will be tested at the interview stage (essential). • Strong understanding of QuickBooks and efficient methods of transaction processing. • Ability to gain a strong understanding of the Fishbowl software and it’s capabilities to automate workload using csv imports and report exports as well as it’s integration with the QuickBooks software. • Understanding workflow of an ERP system from Sales Order to Cash and also Purchase Order to Payment. • Proficient in Microsoft Office Suite or similar software. Other Skills • Excellent organizational skills and attention to detail. • Understanding of and ability to adhere to generally accepted accounting principles. • Excellent written and verbal communication skills. • Experience with stock counts, reconciliations and variance investigation • Knowledge of contract principles and procedures.

Minimum 5 years’ experience in an Accounting or Finance Department, with 3 year experience in General Financial Accounting and 2 years in Cost Accounting. Essential. Highly proficient with accounting software. Minimum 3 year experience with accounting software, QuickBooks preferred, but other globally recognized software is acceptable. Essential. Proven UAE VAT return experience. Strong hands-on bookkeeping, general ledger and month-end close experience. Experience supporting external audits and responding to auditor queries. Experience working on ERP systems. ACCA, CIMA, CPA or similar qualification is preferred. Bachelor's degree in Accounting.

Maintaining the general ledger and ensuring sales, purchases and journals are posted accurately and on time across group entities. Prepare periodic (monthly) balance sheets, income statements and cash flow statements. Budgeting and forecasting: preparation and consolidation of the annual budget and quarterly forecasts. Handle payroll processing, salary-related journal entries, accruals, provisions and payroll reconciliations. Conduct variance analysis on gross profit by product and customer, slow-moving stock and inventory holding, and present actionable insights to senior management. Manage cash flow by monitoring and updating cash flow reports, forecasting accounts receivable and accounts payable, and coordinating payment schedules with suppliers. Reconcile bank statements and ensure accuracy of cash balances. Manage accounts payable and accounts receivable processes, including timely vendor payments and customer invoicing. Prepare and file the VAT group return on time. Lead the implementation of UAE e-invoicing. Calculate product prices, conduct gross profit analysis and input approved pricing into the Product Lifecycle Management (PLM) system. Calculate discounts requested by the sales team and ensure compliance with company policies and profitability targets. Review stock reconciliation files for finished goods and raw materials, approve inventory adjustments within agreed limits and set provisions for bad debts and slow-moving stock. Provide external auditors with schedules and documents for the annual audit and supply the data needed for corporate tax filing. Create, maintain and update departmental policies and procedures files.