Accountant - instashop

Company Description

About instashop:

instashop, headquartered in Dubai, is the leading online local marketplace in the UAE and Egypt . Since joining the Delivery Hero family in 2020, the global leader in online food delivery and q-commerce, instashop has been setting the standard for excellence and convenience in the region. With a dynamic and motivated team fueled by passion and innovation, every day at instashop is an opportunity for growth and success. We champion inclusivity, diversity and collaboration, creating an environment where everyone’s achievements are celebrated and where success is the only way forward. As we continue to grow, our team keeps expanding across the UAE, Egypt and Greece, and we’re always on the lookout for new talents to join us on our success journey.

Job Description

As an Accountant you will manage the company’s incoming payments by ensuring that invoices are sent to clients and payments are collected on time. You will reconcile accounts, monitor outstanding receivables, and generate reports to track payment trends. Your role ensures accurate financial records and helps maintain positive cash flow for the company.

WHAT’S ON YOUR PLATE?

• Consolidating and preparing reports on online sales, including manual adjustments, discounts, bank charges, and commission charges.
• Generating weekly reports to show total amounts due to InstaShop partners in UAE and EGP, ensuring timely and accurate transfers.
• Preparing monthly and aging reports for receivables, providing valuable insights to relevant stakeholders and management.
• Reconciling accounts receivables and payables with partners, ensuring all balances align accurately.
• Performing monthly commission analysis and calculations to ensure precise revenue tracking.
• Allocating tips on a monthly basis to appropriate parties, including partners, outsourced pickers, and MFC pickers, for UAE and EGP.
• Assisting high-value partners with any accounting-related queries to maintain strong partner relationships.
• Supporting additional finance tasks as needed, including audit support, ERP activities, and compliance with legal requirements.

Qualifications

WHAT DID WE ORDER?

• Bachelor’s degree in accounting, Finance, or a related field.
• 2+ years of experience in accounts receivable or a similar finance role.
• Strong organizational and multitasking skills, with an eye for detail with excellent communication skills.
• Proficiency in accounting software (e.g., QuickBooks, SAP) and Microsoft Excel
• Understanding of general accounting principles and accounts receivable processes