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Recruitment in Al Futtaim Group Accountant | Group Finance | Corporate Services (Dubai, AE)

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.

Recruitment in Al Futtaim Group Accountant – Credit Control (Dubai, AE)

Job Requisition ID: 154014 

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. 

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

 

Overview of the role:

To provide financial, clerical and administrative services to ensure efficient, timely and accurate allocation of payments and maintenance of customer accounts on SAP across the retail, residential and commercial portfolios at DFC.

 

What you will do:

Responsible for:

• Accurate and timely recording of all cheques received into the PDC module
• Daily processing of customer payments on Yardi and depositing cheques in a timely manner into the bank.
• Verification of payments made through bank transfers.
• Ensure cash receipts are accurately applied to customer accounts in a timely manner
• Reconciliation of the bank statement on a daily basis against all deposited cheques
• Monthly reconciliation of all balances pertaining to the Receivables Ledger function
• Timely notification and follow-up to recover bounced cheques
• Customer account maintenance and clearing
• Ad.hoc support to the CCD as required

 

Job Context: 

Define organizational policy and other factors that have a critical impact on the job.

• Credit Control Policy
• Lease Agreements

 

Required skills to be successful:

Job-specific skills:

• Ability to manage time and work under pressure
• A strong customer focus
• High attention to detail is a must

 

Behavioural Competencies:

• Must have excellent interpersonal and communication (both written and verbal) skills.
• Strong organization and time management skills to ensure scheduled deadlines are met.

 

What equips you for the role:

Minimum Qualifications and Knowledge:

• Knowledge of accounts receivable
• Knowledge of office administration and procedures
• Knowledge of general bookkeeping procedures
• Proficient in relevant computer applications, YARDI & Excel proficiency is a must.
• 2-3 years accounts receivable and general accounting experience

 

Minimum Experience:

• 3-4 years’ experience in handling administrative aspects of a finance related role

 

About Al-Futtaim Group Real Estate
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. 
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.
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.

 

Recruitment in Al Futtaim Group Senior Accountant – B2B | Al Futtaim Automotive | Toyota & Lexus (Dubai, AE)

Job Requisition ID: 154455 

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. 

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

 

Overview of the role
We are currently looking for competent Senior Accountant. This role will support B2B Finance Manager in handling After Sales Distributor and B2B sales channel finance activities at business unit level, Balance sheet management and support in other day to day operations.

 

What you will do

• Weekly SME branch visits to verify deal pack documentation, review SOP implementation and timely highlight of control issues
• Monthly margin target preparation for B2B channels and incentive data file
• Review & analyze on monthly basis the misstatements under each Balance sheet G/L assigned to B2B team
• Implement resolution steps for B2B assigned GL misstatements. This involves detailed review of business and accounting processes and data schedules
• Perform detailed annual review of extended warranty utilisation model wise for Toyota and Lexus brands
• Ensure model wise extended warranty provision accruals are accounted for at invoicing stage including special rates and new model introductions. These must be carefully considered at LE forecasts and highlighted for discussions with B2B Business Heads
• Review the paid extended warranty proposal workings prepared by Warranty and provided required analysis details to FM

 

Required skills to be successful

• 3-5 years financial accounting experience 
• Automotive experience highly preferred
• Proficient in SAP 
• Chartered Accountant Intermediate/ Bachelor’s degree in Finance/accounting or equivalent – Master’s degree is a plus.

About the team
The role will report to the Finance Manager and you will be working in fast phase environment.

 

What equips you for the role

• Microsoft Office, proficient in SAP or equivalent is a plus.  
• Present concepts, recommendations, and analyses to senior management in a clear, concise, and actionable manner.
• Able to manage competing priorities in a cross-functional environment.
• Work independently with limited supervision. A Self-starter, with a passion to act while focusing on delivering results.
• Excellent analytical and problem-solving skills with attention to detail.
• Able to identify, act and implement ideas that drive continuous improvement

 

About Al-Futtaim Automotive
A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with presence in 10 countries across the Middle East, Asia and Africa.
Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM.

 

We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers – right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences. 

We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment.
What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.