Accountant

Job Title: Accountant

Department: Finance

Industry: Food Manufacturing

Reports To: Finance Manager / CFO

Salary: Dhs. 5,000 to 6,000 plus Accommodation

Job Location: Sharjah

Job Summary:

The Accountant in the food manufacturing industry is responsible for managing financial transactions, ensuring accurate financial reporting, and maintaining compliance with industry regulations. They oversee cost accounting, budgeting, tax compliance, and financial analysis to support the company's financial health and operational efficiency.

Key Responsibilities:

1. Financial Management & Reporting:

• Prepare financial statements, balance sheets, and profit & loss statements.
• Ensure compliance with accounting standards, company policies, and industry regulations.
• Monitor daily financial transactions, including accounts payable and receivable.
• Assist in month-end and year-end closing processes.

• Track production costs, raw material expenses, and overhead costs.
• Conduct variance analysis to compare actual costs vs. budgeted costs.
• Assist in preparing annual budgets and financial forecasts.
• Work with the production and procurement teams to optimize cost efficiency.

• Ensure timely filing of VAT, corporate tax, and other applicable taxes.
• Maintain compliance with local financial regulations and food industry standards.
• Coordinate with auditors and regulatory bodies during audits and inspections.

• Monitor inventory valuations and reconcile discrepancies.
• Track purchases, vendor payments, and material cost fluctuations.
• Implement proper inventory accounting practices to prevent losses.

• Process payroll, including deductions, benefits, and tax withholdings.
• Review and approve employee expense claims and reimbursements.
• Ensure proper documentation for all financial transactions.

• Analyze financial data to provide insights into cost-saving opportunities.
• Prepare financial reports for management to support strategic decisions.
• Identify risks and suggest financial improvements for operational efficiency.

Requirements:

1. Education & Experience:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certification (e.g., CPA, ACCA) is an advantage.
• 3+ years of experience in accounting, preferably in the food manufacturing industry.

• Strong knowledge of accounting principles and financial reporting.
• Proficiency in accounting software (SAP, QuickBooks, or other ERP systems).
• Experience in cost accounting and inventory management.
• Strong analytical, problem-solving, and organizational skills.
• Ability to work under tight deadlines and handle multiple tasks.

• Understanding of food manufacturing processes and cost structures.
• Familiarity with tax regulations related to the food industry.
• Knowledge of food safety compliance and regulatory reporting.