Position: Accountant – Luxury Fashion Retail & E-commerce
Industry: Luxury Fashion Retail & E-commerce
Location: Beirut, Lebanon
Job Overview:
We are seeking a detail-oriented and experienced Accountant to manage accounting and inventory transactions for our luxury fashion retail and e-commerce operations. This role requires expertise in financial reporting, inventory cost control, and import-related accounting. The ideal candidate will have a strong understanding of retail accounting, e-commerce financial operations, and international imports, ensuring compliance with tax regulations and accurate financial records.
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Key Responsibilities:
Accounting & Financial Management:
• Manage daily accounting transactions, including accounts payable/receivable, reconciliations, and general ledger entries.
• Prepare financial statements, month-end closing reports, and tax filings in compliance with local regulations.
• Monitor cash flow, expenses, and budgeting to optimize financial performance.
• Ensure compliance with VAT, customs duties, and import taxes related to luxury goods.
Inventory & Cost Management:
• Oversee inventory accounting, tracking stock movements, and reconciling physical inventory with financial records.
• Calculate cost of goods sold (COGS) and monitor gross margins for both retail and e-commerce channels.
• Implement and maintain inventory control systems to prevent discrepancies and stock losses.
• Work closely with storekeepers and warehouse teams to ensure inventory accuracy.
Import & Logistics Accounting:
• Handle import transactions, including duties, shipping costs, and supplier payments.
• Reconcile import documents (bills of lading, invoices, customs clearance) with financial records.
• Work with freight forwarders and customs brokers to ensure compliance with import regulations.
• Monitor currency exchange rates and manage foreign transactions effectively.
E-commerce Financial Operations:
• Reconcile online payment transactions from multiple payment gateways (credit cards, PayPal, etc.).
• Track refunds, chargebacks, and customer returns, ensuring proper accounting entries.
• Work with the e-commerce team to ensure financial accuracy of online sales reports.
Reporting & Compliance:
• Generate financial and inventory reports for management decision-making.
• Ensure compliance with accounting standards, tax laws, and audit requirements.
• Liaise with external auditors, tax authorities, and financial institutions as needed.
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Key Requirements:
• Bachelor’s degree in Accounting, Finance, or a related field.
• 5+ years of experience in accounting, with a strong focus on inventory management and import transactions.
• Experience in luxury fashion retail and e-commerce accounting is highly preferred.
• Proficiency in accounting software (Wizard or similar) and inventory management systems.
• Strong knowledge of import regulations, customs duties, and VAT compliance.
• Excellent analytical, problem-solving, and organizational skills.
• Ability to work independently and meet deadlines in a fast-paced environment.
• Strong communication skills and ability to collaborate with cross-functional teams