Account Manager ( Hypermarket)

Job Description Roles & Responsibilities Financial Management Oversee accounts payable, receivable, and general ledger operations. Prepare and maintain profit and loss statements, annual budgets, and long-term financial projections. Monitor cash flow and ensure timely supplier settlements. Manage rebate income, promotional contributions, and other supplier-related financial settlements. Compliance & Audit Ensure adherence to Omani accounting standards and financial regulations. Be fully aware of Oman’s 5% VAT requirements, file VAT returns regularly, and ensure compliance. Coordinate with external auditors and manage audit processes effectively. Inventory & Stock Accounting Monitor stock valuation, aging, and clearance accounting. Reconcile stock records with procurement and warehouse teams. Support procurement in aligning financial records with stock movement. Sales Analysis & Reporting Conduct product-wise sales analysis to identify trends and profitability. Prepare daily sales reports for management review. Provide insights into sales performance and recommend corrective actions. Expense Control & Leakages Monitor and control operating expenses to maintain profitability. Identify and highlight financial leakages or inefficiencies, and implement corrective measures. Support management in cost optimization initiatives. Supplier & Promotion Accounting Track supplier agreements, rebates, and promotional contributions. Ensure accurate accounting of flyer promotions and marketing support from suppliers. Collaborate with procurement to align financial terms with supplier negotiations. Desired Candidate Profile Bachelor’s degree in Accounting, Finance, or related field. Professional qualification required: ACCA, CA, or MBA in Accounting & Finance. Minimum 5–7 years of accounting experience, preferably in retail or hypermarket operations. Strong knowledge of Omani VAT (5%) regulations, tax laws, and financial compliance requirements. Experience in preparing profit and loss statements, annual budgets, and financial projections. Proficiency in ERP/accounting software and MS Office applications. Strong analytical skills with expertise in sales and expense analysis. Employment Type Full Time Company Industry Retail Department / Functional Area AccountsTaxationAuditCompany Secretary Keywords Brand Account ManagerRetail Account ExecutiveClient Relationship ManagementCommercial ManagerKey Account ManagementRetail Account ManagementSenior Account ManagerBusiness Development Manager Get real-time job updates only on our App