AP and Fixed Assets Accountant

Position

The successful candidate will be responsible for managing the accounts payable process, overseeing fixed assets accounting, preparing monthly bank reconciliations, and ensuring compliance with company policies and regulatory requirements. This role requires a detail-oriented individual with strong analytical skills and a passion for the beauty industry.

Job responsibilities

MAIN RESPONSABILITIES:

Accounts Payable

• Process and verify invoices, ensuring accuracy and proper authorization.
• Maintain vendor records and manage vendor relationships.
• Reconcile accounts payable transactions and resolve discrepancies.
• Prepare and process electronic transfers and payments.
• Monitor accounts to ensure payments are up to date and follow up on outstanding invoices.
• Assist in month-end closing activities related to accounts payable.
Ensure compliance with company policies and procedures.

Fixed Assets

• Prepare and complete monthly bank reconciliations.
• Investigate and resolve any discrepancies between bank statements and accounting records.
• Ensure timely and accurate recording of all bank transactions.
Collaborate with other departments to resolve any outstanding issues related to bank accounts.

Bank Reconciliation

• Prepare and complete monthly bank reconciliations.
• Investigate and resolve any discrepancies between bank statements and accounting records.
• Ensure timely and accurate recording of all bank transactions.
• Collaborate with other departments to resolve any outstanding issues related to bank accounts.

Profile

• Fluent in Arabic and English.
• Bachelors degree in accounting, Finance, or a related field.
• Minimum of 3-5 years of experience in accounts payable and fixed assets accounting.
• Proficiency in SAP ERP system
• Strong understanding of accounting principles and practices.
• Excellent attention to detail and organizational skills.
• Ability to work independently and as part of a team.
• Strong communication and interpersonal skills.
• Proficiency in Microsoft Office Suite, particularly Excel.
Knowledge of ZATCA (Zakat, Tax and Customs Authority) regulations

Preferred Qualifications

• Experience in the beauty or luxury goods industry.
• Professional certification (e.g., CPA, ACCA) is a plus.
• Knowledge of IFRS and GAAP.

Crafting Dreams Starts With Yours At LVMH, people make the difference in the art of crafting dreams. Our people fuel our dynamic, entrepreneurial culture. We value collective ambitions, encouraging our talents to push boundaries and champion a curious, audacious state of mind. Our commitment to excellence is reflected in nurturing every individual with a growth mindset and development opportunities, consistently empowering them to reach their full potential. We are actively committed to positive impact through an inclusive environment that supports and gives back to our talented community. Join us at LVMH, where your talent is at the heart of our collective successes.