Accounting Lead

Who Are We❓
We Are Foodics! a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

The Job in a Nutshell💡

We are seeking a highly experienced and detail-oriented Accounting Lead to manage and oversee all accounting operations for our UAE entity. The ideal candidate will ensure compliance with local regulations, maintain accurate financial records, and support the Group Head of Accounting in achieving organizational financial goals. This role is based at our Dubai office and requires a proactive individual who thrives in a dynamic environment.

What Will You Do❓

• Manage and oversee the daily operations of the accounting department, including accounts payable, accounts receivable, general ledger, payroll, inventory, fixed assets, and depreciation.
• Ensure accurate and timely completion of month-end, quarter-end, and year-end close processes, including bank reconciliations, prepayments, provisions, accruals, and financial statement preparation.
• Perform regular reviews of the trial balance and monthly reconciliations for balance sheet and sub-ledger intercompany accounts.
• Collaborate with external parties, including auditors, tax consultants, and regulatory authorities, to ensure accurate tax filings (e.g., VAT, corporate tax) and adherence to compliance requirements in the UAE.
• Oversee payment processes, including invoice processing, payment verification, and forecasting of payables and cash availability to support smooth financial operations.
• Act as the primary liaison with external auditors, banks, and other stakeholders.
• Lead and mentor a team of 1 or 2 accountants, assigning tasks, providing guidance, and conducting performance evaluations to ensure high team performance and professional development.
• Optimize and enhance accounting processes, ERP systems (preferably Oracle NetSuite), and workflows to improve efficiency and accuracy.
• Implement and promote best practices in accounting, actively identifying opportunities for process improvement and system enhancements.
• Maintain and organize detailed financial records and documentation to ensure compliance with IFRS, regulations, and company policies.

What Are We Looking For❓

• Bachelor's degree in Accounting. A professional certification such as CPA, ACCA, CMA, or equivalent is highly preferred.
• Minimum of 5 years of progressive accounting experience with exposure to accounts payable, accounts receivable, general ledger, and tax functions. Experience with SaaS or technology companies is a plus.
• Expertise in accounting software and ERP systems (experience with Oracle NetSuite is preferred).
• Strong understanding of VAT and corporate tax regulations in the UAE.
• Proficient in interpreting financial data and providing actionable insights.
• Strong commitment to accuracy and attention to detail.
• Demonstrated ability to analyze issues and implement practical solutions effectively.
• Excellent ability to prioritize tasks, meet deadlines, and manage multiple responsibilities.
• Excellent command of English, both written and spoken.

Who Will Excel❓

• Previous experience in SaaS/ tech companies.
• Experience with Oracle NetSuite

What We Offer You❗

We believe you will love working at Foodics!

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including bonuses and the potential for shares.
• Out of Country Work: We offer the option to work outside of your country of employment for up to 30 days annually.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.