Cost Accountant Job in Dubai

• To be responsible of all areas relating to financial reporting and developing/maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. • Managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. • This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation and the support of budget and forecast activities. • The Chief accountant will have contact with senior-level parties and the company's president and group finance manager which requires strong interpersonal communication skills both written and verbal. Brief of the duties and responsibilities • Obtain and maintain a thorough understanding of the financial reporting and general ledger structure. • Ensure an accurate and timely monthly, quarterly and year end close. • Ensure the timely reporting of all monthly financial information. • Assist the Controller in the daily banking requirements. • Ensure the accurate and timely processing of positive pay transactions. • Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner. • Supports budget and forecasting activities. • Collaborates with the other finance department managers to support overall department goals and objectives. • Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy. • Advises staff regarding the handling of non-routine reporting transactions. • Responds to inquiries from the finance manager regarding financial results, special reporting requests etc. • Work with the finance manager to ensure a clean and timely year end audit, monthly tax process. • Supervise the general ledger of the group to ensure all financial reporting deadlines are met. • Assist in development and implementation of updated procedures and features to enhance the workflow of the department. • Prepare the costing of recipes and menus prepared by the Executive Chef and propose the selling price. • Review the menus on an ongoing basis and update to ensure costs are optimized and profits are maximized without compromising the quality. • Responsible for the month-end inventory of all operating outlets and the central kitchen. • Carry out spot checks in stores and in the main kitchen. • Prepare daily reports of food costs and verify daily void control sheets. • Randomly inspect the outlet inventory by reconciling the opening stock with closing stock considering sales. • Monitor the 'bestselling' and 'least selling' items in the menu and advice the Finance Manager, Head of Operations and Executive Chef so that reviews can be done and actioned upon. • Ensure policies and procedures are in place to mitigate risk. • Input and maintain prices, menu changes, and user changes in the POS system. • Ensure that the deliveries of goods by suppliers are consistent and as per the receiving schedule. • Monitoring wastages, pilferage and spoilages

How many openings are there?

This position has 1 opening.

How much salary can you expect?

Salary ranges will depend on your skills and experience. You can expect a starting salary of AED 5000, which could go up to a monthly wage of AED 6000.

Who can apply for this job?

Both male and female candidates can apply for this job.

Which nationality candidates can apply for this job?

Candidates from any nationality can apply.

Which licenses are required to apply for this job?

No licenses are required to apply for this job.

Is a CV required?

Yes, a CV is mandatory.

What is the preferred visa status for this job?

Candidates do not need a visa to apply for this job.

Is Video Intro required?

No, a video intro is not required.

Is it a work from home job or work from office job?

It is a work from the office job.

Is accommodation provided by the company?

No, the company will not provide accommodation to the candidate.

Will food and transportation be provided by the company?

No, the company will not provide food and transportation to the candidate.

Will the company provide free visa to the candidate?

No, the company will not provide a free visa to the candidate.

How can you apply for this job?

You can apply for this job on the Skillbee App with just one click. You can directly call HR to schedule your interview.

What is a Cost Accountant?

A Cost Accountant is a professional who prepares and auditors financial statements that reflect the costs of producing goods or services. They also provide advice on ways to improve efficiency, reduce costs, and increase profits.

What qualifications are required to become a Cost Accountant?

1. A degree in accounting or related field is required.

2. Experience as a bookkeeper, accountant, or cost analyst is desired.

3. Excellent math skills are necessary for understanding financial statements and calculating costs accurately.

4 Good organizational abilities are also essential to manage records and track changes over time; able to work independently with minimal supervision; good communication and problem solving skills are beneficial too!

5 Accuracy, attention to detail, critical thinking skills, strong computer literacy (spreadsheet use), excellent customer service background

What are the skills required to become a Cost Accountant?

1. Excellent math skills

2. Strong analytical ability

3. Ability to quickly and accurately calculate financial information

4. Previous experience in a accounting or bookkeeping role is preferred but not necessary

5. Good communication, organizational, and problem solving abilities