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Accounting Trainee
Accounting / Finance
Career Level
Employment Type
Full Time
Min Work Experience
1 - 2 Years
Min Educational Level
Bachelors Degree
Monthly Salary
As per UAE labour law
Who we are
We are a leading partner for luxury across the Middle East. With more than 600 stores, 300 brands and over 65 years of experience in the region, we have become a major player in the beauty, fashion and gift sectors, by offering service excellence to our partners and delighting all our customers. We are moving fast from a traditional distributor and retailer for luxury in the Middle East, to a hybrid retailer bringing luxury experiences to the fingertips of customers everywhere.
To fuel the next stage of our growth we are looking to build a world class team. From physical retail through to supply chain and customer loyalty, we aim to use technology and data to continuously improve every aspect of our operations. We are looking for top talent to join us on this journey of exploring new horizons together.
What you will be doing

1. Organizational:
Follow all relevant accounting policies, processes and standard operating procedures so that work is carried out in a controlled and consistent manner

2. Operational:
Implement activities under close supervision

Escalate complex problems to the relevant person to ensure case/issue is closed efficiently and in timely a manner

A- Accounts Payable
i. Review AP ageing and inquire AP teams about aged balances.
ii. Ensure proper accruals for inter-company expenses

B- Sales & Collection, Rents and Reporting:
i. Review COH schedules prepared by retail collections team and inquire about outstanding balances
ii. Ensure old variances are escalated and resolved.

C- Accounts Receivable:
i. Review AR ageing reports and request updates from the AR team.
ii. Review ECL calculations and compare it with policy provisions.
D- Reporting
i. Prepare all balance sheet schedules by the due date.
ii. Follow up with respective finance teams on timely reversals of accruals.
iii. Prepare audit schedules to facilitate audits.
iv. Keep track of audit outstanding lists and provide daily update to Group Head of Accounting and Finance
v. Prepare financial statements in word format and share with the auditors.
What you''ll need to succeed

University Degree in Accounting.

A fully or partially qualified ACCA/CPA candidate.

0-2 years of experience in Auditing/Accounting field.

What we can offer you
With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.
We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts. To view all our perks and benefits, click here.
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