<p><b>Job Requisition ID: </b>158525 </p>
<p>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 Arab 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 organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. </p>
<p>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</p>
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<p><u><b>Overview of the role</b></u></p>
<p> </p>
<p style=”text-align:justify”>This role is responsible for managing the accounts payable staff, ensuring that all team members are properly trained and that all departmental procedures are followed. This role is also responsible for maintaining accurate financial records, preparing reports and reconciling accounts.</p>
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<p><u><b>What you will do</b></u><br>
</p>
<ul>
<li>Manage monthly Bank Clearing Process in liasion with the I2P team and treasury team.</li>
<li>Investigate returned transfers then post the required corrective action ensuring any possible process improvement.</li>
<li>Review all prepared directs and contractual vendor payments recommendation within the due date.</li>
<li>Review and verify all bank transfers prepared before getting management final approval.</li>
<li>Track costs booked with the budgeting team avoiding any cost over-spending.</li>
<li>Review and verify all SAP vendor’s contracts and ensure that all POs are released in a timely manner. </li>
<li>Review fixed asset /AUC module SAP transactions (addition, depreciation, and retirements).</li>
<li>Control, review, and develop of monthly Accruals in the Monthly Review and Year End Review.</li>
<li>Maintain adherence to Al-Futtaim procedures, policies, and guidelines.</li>
<li>Lead new systems implementation and support the teams to achieve on the agreed time.</li>
<li>Consolidate the information across all SPV’s, controlling and monitoring all SPV accounts payable reports.</li>
<li>Manage vendor relationships and resolve any issues or disputes related to payments or invoices.</li>
<li>Provide Asset Management Departments with all financial information and assistance to help them monitor actual cost and highlight the cost saving area when applicable.</li>
<li>Train and develop accounts payable staff, including setting performance goals and conducting performance evaluations.</li>
</ul>
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<p><u><b>Required Skills to be Successful</b></u></p>
<p><br>
Communication Skills<br>
Stakeholder Management</p>
<p>Attention to Details</p>
<p>Business Acumen</p>
<p><br>
<u><b>About the Team</b></u></p>
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<p>The finance team is a group of highly motivated, collaborative, and fun professionals across Egypt, looking for a member to add to the department.</p>
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<u><b>What equips you for the role</b></u></p>
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<ul>
<li>Bachelor’s Degree in Finance or Accouting.</li>
<li>5 – 7 years experience in a relevant role.</li>
<li>MS Applications Proficiency.</li>
<li>Exposure to ERP is a must.</li>
</ul>
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<p><b>About Al-Futtaim Group Real Estate</b><br>
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years. <br>
Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.<br>
AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.</p>
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