Financial Analyst

Ounass

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, were 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 Finance Analyst to help us understand and manage our financial performance. In this role, you ll support the team with financial reports, analysis, and insights that guide smart business decisions.

You ll work on budgeting, forecasting, and tracking company spending, while also making sure our financial processes follow company policies and controls.Your work will help protect company assets, highlight risks, and find ways to improve efficiency and support growth.

What You Will Be Doing

• Provide support, service and advise on all financial matters to the companys management, i.e. budgets preparation, and presentation, management accounting, MIS and all other financial and non financial reportsand statements.
• Liaise with all central and company departments for budgeting and forecasting purposes.Consolidate annual accounts and ensure timely audit of the annual accounts.
• Exercise budgetary controls, accounting and physical control as per laid down procedures of asset management. Also exercise controls on other purchases and services.
• Ensure tax compliance; return filing for timely basis wherever applicable.
• Ensure proper insurance cover on companys assets in coordination with corporate finance.
• Carry out inventory control function: like approval of orders, opening of L/Cs, retirement of documents,costing and pricing, insurance, review of inventory ageing etc., to ensure that laid down norms are observed.
• Ensure that credit limit controls and procedures are observed. Review collection and ageing of debtors.Advise management on credit limits and provide MIS and exception reporting.
• Monitor internal/ external payments on timely basis and exercise internal controls so that payments are made as per the approved terms for goods and services supplied. Exercise controls on other purchases and services.
• Ensure that all accounting entries are incorporated in the company accounts after they have been approved as per the schedule of authority. Ensure that accounts are kept up to date to reflect all the transaction of the business, including all reconciliation with the bankers, debtors, creditors and groups companies.
• Monitor bank balances against the facilities to ensure that the company operates within the approved facilities. Project cash flows and advise appropriate authorities in case of likely shortfall. Ensure controls are exercised in cash collections, cash held and banking.
• Forecast foreign exchange requirements are communicated to HO Finance and advise any change as and when necessary.
• Review monthly/Annual closing activities in accordance with corporate policies and IFRS and ensure timely submission of monthly management reports.
  
  

What We Are Looking For:

• Bachelor s degree in Business, Economics, or a related field.
• 4 to 5 years of relevant experience.
• Qualified Chartered Accountant (CA) mandatory.
• Experience in international accounting practices, and must have used SAP as the ERP system.
• Strong Excel skills and comfort working with financial systems.
• Familiarity with International Financial Reporting Standards (IFRS)
• Ability to analyze financial data and identify key insights
• Strong numerical, research, and analytical skills
• Good organizational skills and the ability to work under pressure and meet deadlines.
• Excellent communication and negotiation skills.