Account Manager ( Hypermarket)

Job DescriptionRoles & ResponsibilitiesFinancial ManagementOversee 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 & AuditEnsure 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 AccountingMonitor 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 & ReportingConduct 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 & LeakagesMonitor 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 AccountingTrack 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.