Assistant Manager Finance & Accounts

About the job

We help to create icons. We help to build marvels. Our products feature in some of the most iconic buildings in the world.

RAK Ceramics is one of the largest ceramics brands globally, specializing in ceramic and gres porcelain wall and floor tiles, sanitaryware, faucets, and tableware. Headquartered in the United Arab Emirates, we serve clients in over 150 countries through operational hubs in Europe, the Middle East and North Africa, Asia, North & South America, and Australia
.

With over 12,000 employees from 40+ nationalities
, we are a truly global and diverse organization. RAK Ceramics is publicly listed on the Abu Dhabi Securities Exchange (ADX) and the Dhaka Stock Exchange
.

This role involves preparing monthly financials for RAK Porcelain UAE division, Preparing and review of payable ageing, monthly VAT return preparation, monthly closing provisions, forex reporting and Capex evaluations. The position ensures smooth accounting operations and compliance with internal controls

• Preparation of monthly financials reports for UAE division including the P&L, Balance sheet and cash flow.
• Overview vendor master data, and prepare fortnightly vendor ageing reports.
• Review vendor account reconciliations, helping Associate Director in forex hedging and dealing with banks.
• Knowledge of IFRS including but not limited to IFRS 9 and 16 and continuous review and ensure accounting practices are in line with accounting standards.
• Prior experience of handling ICFR audit
• Prepare working capital summary and help Associate Director for cash flow management.
• Overview of accounts receivables function and ensure no major overdue from customers.
• Monthly Bank reconciliations review
• Review of GL accounts and prepare backup working for audit and internal purpose. Continuous review of balance sheet items and keep the trial balance clean.
• Prepare monthly VAT return working for RAK Porcelain business, should have prior experience preparing VAT returns.
• Preparation of backup data required for UAE corporate tax return.
• Overview of intercompany account reconciliations and updating the Intercompany reconciliation SOP.
• Vendor code creation in SAP and keeping all updates regularly
• Review and posting of general entries posted by junior staff.
• Working on new automation and statutory requirement projects
• Inventory ageing and review of SLOB provision requirements in line with IFRS
• Other reporting and analysis work as given by Manager

Some of the key competencies required for the role include:

• Strong analytical and problem-solving skills
• Strong cross-functional coordination skills

• High attention to detail and accuracy
• Excellent communication and stakeholder management skills
• Ability to work independently and collaboratively in dynamic environments

• CA Inter (semi qualified)
• Minimum 6–8 years’ experience managing Accounts payable or accounting.
• Understanding of IFRS, Accounts payables, payroll, VAT, UAE corporate tax, revenue recognition and dealing with bank.
• Prior experience working with auditors, vendors and banks.
• Experience in SAP or any other ERP software

We do not discriminate on the basis of race, colour, religion, gender, nationality, disability, age, or marital status.