Senior Accountant- Luxottica

**INSPIRE | EXHILARATE | DELIGHT**

For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty, fashion, and art de vivre categories. More recently, the Group expanded its expertise into new categories of luxury watches, jewellery, and eyewear.

Every step at Chalhoub Group is taken with the customer at heart. Be it constantly reinventing itself or focusing on innovation to provide luxury experiences at over 750+ experiential retail stores, online and through mobile apps, each touch point leads to delighting the customer.

Today, Chalhoub Group stands for 14,000 skilled and talented professionals across seven countries, whose cohesive efforts have resulted in the Group being ranked third in the Middle East and first in Saudi Arabia as a Great Place to Work.

To keep the innovation journey going, the Group has set up “The Greenhouse”, which is not just an innovation hub, but also an incubator space and accelerator for start-ups and small businesses in the region and internationally. This is just one of the several initiatives taken by the Group to reinvent itself, catalysed by forward thinking and future-proofing. The Group has also been embedding sustainability at the core of its business strategy with a clear commitment towards people, partners and the planet, and by being a member of the United Nations Global Compact Community and signatory of the Women's Empowerment Principles.

**What you'll be doing**
- Follow all relevant accounting policies, processes and standard operating procedures so that work is carried out in a controlled and consistent manner
- Follow the day-to-day activities related to own job with mínimal supervision to ensure continuity of work
- Follow-up on escalated cases /issues/questions of junior team members to ensure they are closed efficiently and in a timely manner
- Ensure adherence to accounting standards
- Plan, manage, coordinate and implement the year end closing processing for the assigned accounting records
- Provide technical accounting support and interpretation to the business units
- Ensure that no payments are delayed
- Reconcile all accounts and financial records of the business units
- Ensure that Bank reconciliations are verified on a timely basis and adequate to prevent any fraud or inaccuracies
- Review of the monthly bank reconciliations and sign off
- Ensure there are no long outstanding items in reconciliations
- Ensure maintaining the accounting and financial records of the related business units
- Direct the installation and maintenance of accounting records
- Support in cash management, banking, vendor relationships and implementation of the ERP system
- Liaise with HR on the financial and timely payment arrangements for the monthly payroll
- Coordinate with external auditors and provide them with all needed data
- Interact with IT in the implementation of system enhancements and improvements
- Ensure auditors are given the required information on time to complete the audit within the group deadlines
- Support in cash management, banking, vendor relationships and implementation of the ERP system
- Responsible for accurate accounting and ensure adequate internal control in cash collection and banking
- Assist in ensuring cash & treasury management
- Oversee the preparation of monthly management report s and accompanying schedules, worksheets and narratives
- Provide a comprehensive financial, accounting advice services and various reports and statements to business units’ managers
- Prepare variety of studies, reports and related information and interpretation to the management for decision making purposes
- Accounts Receivable:

- Ensure adherence to accounting standards and enforce them during audits of billing, Inter-company payables and receivables
- Plan, manage, coordinate and implement the year end closing processing for the assigned accounting records
- Provide technical accounting support and interpretation to the business units
- Ensure that all third-party customers’ accounts are fully reconciled
- Oversee the verification and reconciliation for third party invoices and balances and balances.
- Ensure that statements of accounts are sent to customers monthly
- Oversee the preparation of third party reconciliations and the resolution of outstanding items
- Liaise with HR on the financial and timely payment arrangements for the monthly payroll
- Coordinate on external audit
- Interact with IT in the implementation of system enhancements and improvements
- Prepare monthly management reports and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports
- Participate in cost analyses and rate studies
- Provide a comprehensive accounting advice s