Accounting Manager

About Chalhoub Group

For over seven decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group manages a portfolio of over 10 owned brands and provides distribution and marketing expertise for over 400 international names across luxury fashion, beauty, jewellery, watches, eyewear, and art de vivre categories. Chalhoub Group operates more than 950 stores, online platforms, and mobile apps, employing over 16,000 professionals across eight countries in the Middle East and with a presence in LATAM. The Group is committed to sustainability, aiming for Net Zero by 2040, and is a member of the United Nations Global Compact and a signatory of the Women’s Empowerment Principles.

The Role: Accounting Manager

Chalhoub Group is seeking an Accounting Manager to join its team in Makkah, with operations spanning Jeddah and Makkah. This full-time role requires 5-10 years of experience and involves overseeing daily accounting operations, managing tax compliance, and ensuring robust financial controls. The Accounting Manager will play a key role in maintaining financial accuracy and supporting strategic financial decisions within the Group.

Key Responsibilities

• Manage and oversee the daily operations of the accounting department.
• Prepare and review appropriate ledger accounting data.
• Maintain the general ledger system and prepare monthly financial statements.
• Provide accurate data and recommendations to the controlling team and CFO.
• Ensure all accounting processes align with IFRS and current local financial legislations.
• Ensure all major projects, month-end, and year-end reports are completed accurately and on time.
• Coordinate and complete annual audits.
• Improve processes and initiate corrective actions.
• Help to uniformize processes between all brands at the local level.
• Report the P&L and BS to HQ.

Tax and Compliance Duties

• Facilitate and manage the preparation of all company tax forms (tax returns, income tax, withholding tax).
• Ensure accurate and timely filing of all tax forms.
• Plan for and develop an overall tax filing calendar.
• Maintain effective control procedures over all aspects of the tax process.
• Monitor legislative and regulatory tax law developments.
• Support the implementation of new income tax regulations.
• Provide support with various internal audits and special tax-related projects.
• Assist the controlling team with all compliance requirements.
• Ensure a robust control environment in line with Group standards and policies.

Candidate Profile

• A minimum of 5-10 years of relevant experience in accounting and financial management.
• Demonstrated ability to manage daily accounting operations and ensure compliance with financial regulations.
• Strong understanding of IFRS and local financial legislations.
• Experience in tax preparation, filing, and compliance.
• Proficiency in financial reporting and general ledger management.
• Ability to coordinate and complete annual audits effectively.
• A commitment to process improvement and maintaining a robust control environment.

Working at Chalhoub Group

Chalhoub Group offers a work environment that supports professional growth through enriching experiences, learning and development opportunities, and exposure to diverse assignments. The Group fosters a culture rooted in diversity, equity, and inclusion, welcoming all applicants without regard to gender, age, race, religion, national origin, or disability status. The company provides a competitive benefits package, including health care, child education contribution, and flexible working policies.