Assistant Financial Analyst at Ounass

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

25 May, 26

Salary

0.0

Posted On

24 Feb, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting Practice, Capital Expenditures Control, Asset Capitalization, Expense Analysis, Budget Preparation, Forecasting, Accrual Maintenance, Commission Verification, Sales Reporting, Forex Requirements, Treasury Liaison, Bank Guarantees, Cash Flow Statement, Audit Facilitation, Management Reporting, Fixed Asset Counting

Industry

technology;Information and Internet

Description

Passionate about fashion and technology? Join the coolest e-commerce team in the Middle East at Ounass! As the definitive home of luxury, we offer everything from fashion to beauty, watches, home, and jewelry, serving Middle Eastern customers with unparalleled style. Our culture fosters success, prioritizing customer and employee satisfaction. Part of the prestigious Al Tayer Group and based in vibrant Dubai, we're a diverse team of 500+ members across the globe, driving innovation and growth together. Join us and be part of something extraordinary! At Ounass, we’re looking for a Assistant Finance Analyst to manage the accounting function of the company (or assigned companies – as applicable) in accordance with international standard accounting practice, so as to accurately compute and reflect the financial position of the company. Functional Responsibilities Exercise proper control over the capital expenditures and ensure accurate capitalization of the assets. Analyze the inter company, head office expenses and other overheads and ensure proper controls as compared to budgeted figures and seek proper explanation to validate them. Allocate the common expenses to various cost centers as per predefined criteria and ensure control over common accounts. Assist in preparing budgets, business plan and forecast exercises by liaising with other departments involved, collection and verification of data and populating it in budgeting tools. Ensure proper accrual is being maintained for the services availed and compile the same in balance sheet schedules. Verify commission for the sales staff based on agreed criteria Prepare sales report or Ad Hoc reports for management to evaluate business performance. Liaise with the operational units to identify Forex requirements and report same to treasury department. Liaise with banks for bank guarantees, letter of credit (Import/ export) as requested by operations. Prepare cash flow statement for the current month and the forthcoming months to ensure that at no point of time company faces cash crunch and defaults in payments Facilitate the audit of accounts by internal and external auditors. Examine the audit report in consultation with seniors and implement corrective action if required to improve efficiency and transparency. Preparation of monthly management reports. Conduct periodic counts of fixed assets and trading inventory to ensure its availability and fair valuation Assist inventory management – preparation of stock report, variance analysis. regional stock transfer, staff sales etc. Functional Skills: Knowledge/ experience in international accounting practice in a computerized environment. PC Literate with excellent in Excel knowledge and exposure to ERP solutions Should be familiar with International Financial Reporting Standards. Should have excellent analytical, numerical and research skills. Should have good organizational and planning abilities including the ability to deal with/work under pressure and tight deadlines. What’s in It for You? Be part of a fast-growing luxury e-commerce leader in the Middle East. Work in a highly collaborative, data-driven environment. Opportunities for growth and career development in digital analytics and business intelligence.

Responsibilities

The Assistant Finance Analyst will manage the company's accounting function according to international standard accounting practice to accurately reflect the financial position. Key duties include exercising control over capital expenditures, analyzing overheads against budgets, allocating common expenses, and preparing monthly management reports.