Chief Accountant | Cravia Inc
Company Name: Cravia Inc
Qualification: ACCA, CPA, ACA, & MBA
Location: Dubai, United Arab Emirates
Salary Range: 12,000 AED – 15,000 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
Cravia has evolved from a single Cinnabon outlet in Abu Dhabi to a prominent F&B franchise platform in the Middle East. Our portfolio includes globally successful franchises—Five Guys, Zaatar w Zeit, Cinnabon, Seattle’s Best Coffee, and Carvel ice cream. In 2021, we introduced WKD Chicken, our in-house brand, and plan to expand across diverse cuisines.
Today, with 90 locations between dine-in and smart kitchens, we cater to not only individuals but also corporates through customized offerings and the same excellent service. With 20+ awards, we manage respected international brands, employing 1,600+ people, and shaping the F&B landscape for 20+ years.
Job Description/Role
The core function of this role is to oversee all payment transactions, from reconciliations to payments.
Main Duties & Responsibilities
Financial accounting and reporting
· Raising and scheduling of cheque releases
· As required, negotiating payment terms with suppliers
· Working with the Finance Manager, collate all paperwork required for Bank facilities
· Facilitate monthly payroll releases
· Monitor payments for all End of Service Benefits and Leave Salary Payments
· Review of all expense claims prior to payment
· Custodian of Petty Cash for Utility Payments
· Review and action vendor reconciliations and payables
· Reconcile the Work in Progress Account Ledger
· Review all Payment Vouchers and Journal Vouchers
· Post a new store opening, undertake a full reconciliation and “clean up” of the Account Ledger, reclassifying all assets to each correct asset category
· Provide the Finance Manager with month-end expense accruals
· Undertake the account entries for the VAT reverse charge mechanism
· Draft the VAT return for the Finance Manager’s approval
· Undertake Spot Check Audits in reports received from the Internal Audit department and, as required, raise queries with the Branch Manager
· Undertake the monthly monitoring of the UAE CAPEX for the cash flow forecast
· As required, provide support to the Group Reporting Manager
· As required, provide assistance with all internal and external audits
Talent Management
· Effectively manage all internal and external relationships.
· Manage and oversee the morale and culture of the Company, ensuring that the welfare of its Employees and Customers is maintained to a high standard.
· Performance Management and Succession Planning – Coach and mentor the team’s performance to uplift and enhance skills to develop future leaders within the business.
General Tasks
Perform any other duties and responsibilities as designated by the Finance Manager.
QUALIFICATIONS, EXPERIENCE, & SKILLS:
Minimum Qualifications:
· Professional designation, Chartered Accountant, Certified General Accountant, or Certified Management
· University degree or college diploma in Accounting, Commerce, or Business Management Administration
Minimum Experience:
· Minimum experience of 7-10 years in similar professional services environment, preferably in F&B.
· Have experience at a management level, coaching and mentoring Teams.
· Proven experience in supporting the Senior Management Team by providing insight, analysis, and financial results for review.
· Knowledge of UAE accounting and VAT legislations.
· Microsoft Dynamics 365 (Finance & Supply Chain modules)
Competencies
Technical
· Excellent professional written and verbal communication and interpersonal skills, both internally and externally
· Fluent in both English written and oral
· Ability to work with minimal supervision
· Ability to simultaneously manage multiple projects
Behavioral
· Collaboration
· Visionary Drive
· Customer Focus
· Managing and Motivating Towards Excellence
· Trustworthiness