Job Description

Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities - all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

Role Purpose:

The role will be mainly responsible for coordination with Banks & GS Team, uploading of payments on TAS (RERA) system, reconciliation of TAS Records, and preparing & assisting in month end closure activities/reporting.

Role Details - Key Responsibilities and Accountabilities:

• Coordinating with Accounts Payable Team for the payment documents.
• Upload of payments on TAS (RERA) system.
• Maintain track for system related payments as well as payments outside of TAS.
• Coordination with Projects Team for seeking additional documents for Beneficiary registrations on TAS and additional documents needed by Banks.
• Coordination with Banks for clarifying bank's queries and ensuring payments released to Beneficiary.
• Maintaining manual tracker for all payments under Infrastructure escrow accounts as we need to ensure, no payment is missed out/Duplicated.
• Monitoring bank balance on Infrastructure escrow account to ensure we have enough balance to make payments, if no enough balance request for additional funds from respective escrow accounts/Equity.
• Coordinating with GS Team for accounting of transfers made to infra escrow account from various respective escrow accounts.
• Assisting in month end closing.
• Coordinating with Auditors

Minimum Qualification/Requirements:

• Bachelor Degree in Accountancy.

• Minimum 3 years of experience working within Finance function relating to Projects Accounting & Payables.

• Real Estate background.would be preferred.

• Fluency in English.

• Proficiency in MS Office application.