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. Al-Futtaim Group Finance Shared Service Center team is currently seeking a finance professional to join their team in the capacity of Senior Accountant O2C. JOB PURPOSE As a Senior Accountant O2C in Group Finance Shares Service Centre (FSSC), he/she will focus on supporting the day-to-day activities of the O2C function whilst complying with organization’s policies and procedures and ensuring necessary checks and balances to mitigate risks through his team members: This position will be responsible for the following.
Ensure strong control and governance to the activities involved in Order to Cash process in compliance with company policies and procedures
Drive further development and enhancement of the current process
Carry out daily/weekly/monthly partnering support to business units
Perform GL Reconciliations
Ensure risks/exceptions / interface fallouts are resolved on a timely manner by performing review, reconciliation, escalations, and substantiation of O2C accounts and reports.
Review Accounts Receivables and overdues position shared with business to facilitate their follow-up and collection activities
Perform customer accounts reconciliations
Calculate and review provision working for various risks including doubtful debts as per Policy
Post various accounting entries
Review and comply with the department check list for month end and year end book closing
Identify standardization and automation initiates and drive as a project for cost saving
Ensure Support with resolution of audit requests (internal and external) within the submission timelines
Review GL Schedules from the Balance Sheet Substantiation perspective as per the group initiative
Support management with ad-hoc reporting requirements
Liaise with IT Team, System, Process & Compliance Team, Divisional Controlling Team, and various Business Units to resolve issues, escalations, projects, and other initiatives
Conduct review meeting with BUFCs
To play an active role in transition and integration
Create customer master data based on business unit’s request
Review customer KYC documents and update customer master
KEY ACCOUNTABILITIES
Timely O2C partnering support to Business in day-to-day operations
Review GL Reconciliations
Daily collection control account monitoring and exception management
Perform monthly / periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the Business
Preparation and circulation of periodic O2C exception reports & dashboards to stakeholders
Perform assigned month end book closing tasks within O2C
Computation of Provision for doubtful debts in accordance with Policy
Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processes
Any other O2C activities assigned from time to time
Actively participate in Transition activities
QUALIFICATIONS, EXPERIENCE, & SKILLS Minimum Qualifications and Knowledge:
Finance Graduate or Semi-qualified or Qualified or equivalent qualifications
Good accounting knowledge (IFRS knowledge is preferred)
Analytical as well as Process oriented
Excellent communication and presentation skills
Prior working knowledge in ERP systems (ex: SAP)
Knowledge of Excel, Power Point and other Microsoft office tools
Detail-oriented and organized
Minimum Experience:
At least 2 to 5 years relevant experience within a large organization in a supervisory level, with a good knowledge of ERP systems.
Behavioral Competencies:
People Management: Must have experience in handling teams
Organization: Must possess the drive to learn, prioritize and manage workload with minimum supervision
Communication: Effectively communicate/liaise with internal/external contacts
Team Player: Should enjoy working in a team and be able to solve problems and resolve issues in an amicable manner
Should have interpersonal and delegation capabilities
Should comply with Al Futtaim core values: Respect, Integrity, Collaboration and Excellence
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.
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