SENIOR ACCOUNTANT LUXURY WATCHES @ TANGIVEST GROUP
We are seeking a detail-driven and commercially aware Senior Accountant to manage the financial complexities of high-value luxury goods in the pre-owned watch market. This role is not a routine accounting position; it requires a deep understanding of high-end brands such as Patek Philippe, Rolex, and Audemars Piguet. You will be responsible for the full accounting cycle, including general ledger, accounts payable, accounts receivable, and meticulous reconciliations. A critical part of the role involves inventory control for high-value items where there is zero tolerance for variance between system records and physical stock.
In addition to standard accounting duties, you will oversee the implementation and monitoring of the VAT Profit Margin Scheme (PMS) specifically for pre-owned goods, ensuring full compliance with UAE VAT and Corporate Tax regulations. You will provide unit-level margin analysis, track profitability, monitor cash flow, and coordinate directly with auditors and regulatory bodies. The offered salary package is AED 8,000 – 12,000 per month depending on experience, along with a visa, medical insurance, and performance-based incentives.
In addition to standard accounting duties, you will oversee the implementation and monitoring of the VAT Profit Margin Scheme (PMS) specifically for pre-owned goods, ensuring full compliance with UAE VAT and Corporate Tax regulations. You will provide unit-level margin analysis, track profitability, monitor cash flow, and coordinate directly with auditors and regulatory bodies. The offered salary package is AED 8,000 – 12,000 per month depending on experience, along with a visa, medical insurance, and performance-based incentives.
Key Requirements
Minimum 4–6 years of accounting experience within the UAE or GCC region.
Proven background in luxury retail or high-value trading (watches, jewelry, or precious items).
Strong technical knowledge of UAE VAT, specifically the Profit Margin Scheme (PMS).
Extensive experience in inventory accounting and management of high-value stock.
Proficiency in costing and unit-level margin analysis to track profitability.
Experience handling high-value items ranging from AED 50,000 to AED 500,000 per unit.
Advanced proficiency in accounting software systems and Microsoft Excel.
Possession of a professional qualification such as CPA, ACCA, or CMA is highly preferred.
Experience dealing with multi-currency transactions and pre-owned resale business models.
Strong audit mindset with exceptional attention to detail and accountability.
Ability to coordinate effectively with external auditors and regulatory bodies.
Disciplined approach to financial reporting and cash flow monitoring.