Website Al-Futtaim
Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Al-Futtaim operates through more than 65 companies across sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, Egypt, Pakistan, Sri Lanka, Syria, Singapore and Europe.
Accountant | Group Finance | Corporate Services
Date: 15-May-2023
Location: Dubai, AE
Company: Al Futtaim Private Company LLC
Job Requisition ID: 154412
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.
We are currently seeking an experienced finance professional to join our Group Finance in the capacity of Accountant.
Overview of the role
As an Accountant in Group Finance, he/she will focus on supporting the day-to-day activities to manage receivables and payables including intercompany transactions.
What you will do
Account Receivables management
Preparing the billing template, obtaining confirmation on billing from customers and providing the template to FSSC for billing
Ensuring SLA framework is in place
Following up with customers for collection
Regularly reviewing accounts receivables to ensure books are duly updated, clearing is done timely, etc. – liaise with FSSC
Timely providing required details/documentation to the customers
Monitoring Passthrough account 159225 – ensuring balance is zero at all given times
Account Payables management
Regularly reviewing accounts payable schedule to ensure no aged advance payments or payables.
Regularly reviewing GR/IR account to ensure timely clearance.
Liaise with FSSC for vendor registration, extension, off-cycle approvals, accounting treatment, etc.
Reviewing payroll schedules to ensure books are regularized at any given
Intercompany payables acceptance
Obtaining supporting document and details from originating entity
Deciding accounting treatment based on supporting documents.
Advising accounting treatment to FSSC ICM accountant for acceptance
Daily review of open ICMs escalating issues related to transactions aged beyond 15 days, SLA non-compliance, etc.
Reviewing rejected ICMs and resolving issues
Exception handlingpoint of time
Required skills to be successful
Knowledge in SAP
Excellent skills on MS Office and sound understanding of systems and processes
Strong Analytical, process oriented, good communication and presentation skills
What equips you for the role
Bachelor’s Degree / ACCA or any equivalent degree.
Minimum 4-6 years’ experience in relevant field
Expert and have sound knowledge of SAP T-code, data extraction through various modules.
We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.
Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.
As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.
To apply for this job please visit www.afuturewithus.com.