Job Requisition ID : 167091
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
As a Branch Accountant, you will be assisting the Accounts Manager in making key day-to-day accounting decisions. This role is crucial for ensuring the financial health and compliance of our operations.
What you will do
- Invoicing for Units of Commercial Vehicles (CV) and rental invoicing for Commercial Vehicles – Hino and Toyota Motors Handling Equipment (TMHE)
- Validating Sales Order Conditions and recovery account balance before invoicing
- Issuing gate passes for invoiced units
- Liaising with Central Finance on DP allocation, returns, and rebilling
- Managing VAT refunds for export billing
- Submitting export BOE in SAP
- Ensuring compliance with defined policies and SOPs, and highlighting any discrepancies to managers in a timely manner
- Following up on accounts receivable with the business
- Liaising with Business Managers on overdue accounts
- Calculating expected collections and provision releases
- Conducting monthly stock reconciliation and IND verification
- Handling Capex requests for all divisions of Hino and Toyota Motors Handling Equipment (TMHE)
- Ensuring compliance with procurement SOPs on quotes, vendor selection, etc
- Reviewing and analyzing recovery and upselling accounts
- Reviewing AFSS reports and submitting clearing transactions to AFSS
- Uploading budgets in SAP / IFRP and generating upload files for IFRP (Flat file)
- Creating upload tables for SAP
- Liaising with various Al Futtaim Group departments like Central Finance, Group Legal, EIT, Group Admin, Group HR
- Monitoring and managing general ledgers and assisting in balance sheet substantiation
- Establishing key financial performance Key Performance Indicators (KPIs) and creating measurement and governance dashboards based on these Key Performance Indicators (KPIs)
- Preparing dashboards for monthly presentations
- Evaluating business decisions and reviewing financial impacts
Required skills to be successful
Accounting professional qualification (Bachelors in Accounting and Finance, MBA-Finance)Proficiency in MS Office (Word, Excel, PowerPoint, MS Projects)3 to 5 years of well-rounded experience in the field of Finance & AccountingStrong core finance technical skills, processes, infrastructure, and systemsAbout the team
As a Branch Accountant, you will be reporting to the Branch Account Manager.
What equips you for the role
Experience with ERP (preferably SAP, BPC)Proven expertise in financial and management accounting