Branch Accountant | Ali & Sons Holding LLC
A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, capable, efficient, qualified, creative, and intelligent candidate with significant competency, good knowledge, and relevant working experience for the position of “Branch Accountant”.
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| Company Name | Ali & Sons Holding LLC |
Job Requirements and Benefits:-
| Qualification | Masters | Bachelors | ACCA | CPA |
| Experience | 2 – 3 years of Relevant Experience Required |
| Monthly Salary | 6,000 AED – 7,500 AED |
| Employment Type | Full Time | Permanent |
| Company Size | 100 – 500 Employees |
| Benefits | Medical Insurance | Performance-based Increments |
| Location | Dubai |
About the job
Ali & Sons Holding is a diversified conglomerate established in 1979 and has strong presence in the automotive, commercial, oil & gas, retail, construction, property management, hospitality, manufacturing, marine engineering, and information technology industries.
At Ali & Sons, our people are at the center of everything we do. They are engaged, curious and are driven to excellence by a supportive and collaborative environment that recognizes hard work and rewards top talent.
If you are someone who loves a challenge that requires you to innovate and learn new things every day, read on.
BRANCH ACCOUNTANT ( Dubai / Ras Al Khaimah / Fujairah)
Overview of the role:
The position will be reporting to Chief Accountant and responsible for the cashiering & financial function of MG New Units/Aftersales and will be working in a dynamic and busy environment wherein you will be dealing directly with customers
What you will do:
– Cash (Revenue & Petty Cash Fund) Management:
- Collect cash / credit card payment against cash invoices.
- Maintain and balance daily collection & petty cash fund twice daily
- Monitoring the insurance limits of cash/collection in vault, ensuring the insurance coverage ,if the cash/collection in vault exceeds the limit
- Ensure that collected revenue must be handed over on a succeeding day
- Daily collection reports should be uploaded in the shared drive
- All collection / PCF verification and hand over are properly signed / filed for future references
- Monitoring and communicate cheque clearance, bouncing cheques, and refund cheques
- Ensure accurate data entry in SAP / System – billing cancellation & advance payments should be kept at minimum level – Cash Invoices not yet collected report should be always cleared & monitored
- Ensure sublet and bought-out charges are posted to Job cards for charging the customer
– Business Processes & Controls:
- All business processes are conducted according to SOP and with correct levels of sign authority
- Ensure payments / delivery to be done by/for the payer and if 3rd party, UT verified by Manager should be secured
- Ensure that petty cash expenses are paid with appropriate approval as per DOA, liquidity of petty cash must be maintained for smooth branch operations
– Accounts Receivables Management (AR Management):
- Daily / Weekly / Monthly monitoring of branch AR report (all credit facilities provided) and follow-up with concerned channels to ensure timely collection of all outstanding / overdue invoices
- Maintain list for all credit facilities provided to branch credit customers including credit limit / credit period / main contact details / credit facility documents if possible
- Maintain proper invoice filing with complete document set (Job card, LPO etc.) for easy retrieval.
– Invoicing & Delivery Management:
- Perform financial transactions and process invoices in a timely manner.
- Ensure all relevant document processes are strictly adhered to ensure all bank payments are met
- Ensure Revenue/Provision in place and Assignee clause is without error
- Substantiates financial transactions by auditing documents.
- Perform record keeping of all financial operations.
- Manage Intra & Internal Sales including Government Sales.
- Authorization of all in-house sales & credit customers.
- Daily invoice summary for credit invoices & sales return cases, monitor all outstanding debts & report.
- Support & Guiding of Matrix managers, Sales team and Sales Admin.
– Petty Cash Management:
- Verify all cash & cheque transactions from the previous day and encode into SAP.
- Strict adherence of company policy regarding customer refunds, maintain log for tracking purposes.
- Monitoring Petty clash float for ensuring adequate balance and reviewing pending re-imbursements/claims for submission.
- Perform Surprise Cash Count as per SOP.
– Financial Reporting, Cost & Internal Controls:
- Finance related processes are conducted in compliance with company policies & procedures (SOPs).
- Supporting in monitoring Opex & Capex.
- Monitor & maintain the administration document process is adhered at all times.
- Monitor clearance of Open POs follow up with COT & Showroom Admin Team every month
- To carry out Ad Hoc tasks/reports as required by the Chief Accountant / Finance Managers
– Accounts Receivables Management (AR Management):
- Reviewing and ensuring of timely submission of Second sets.
- Daily / Weekly / Monthly monitoring of branch AR report (all credit facilities provided) and follow-up with concerned channels to ensure timely collection of all outstanding / overdue invoices
- Maintain list for all credit facilities provided to branch credit customers including credit limit / credit period / main contact details / credit facility documents if possible
- Reconcile credit customer accounts
Required Skills to be successful:
- Bachelor’s degree in finance / accounting
- Minimum (2) years’ experience as branch accountant
- Good knowledge as General accountant roles
Important Information:
We aim to provide an exceptional job applicant experience but cannot do it without you. Before you apply, please take the time to carefully read the job description to ensure you are a good fit for this role and why this opportunity is right for you.
We would love to connect with all of you but due to the high volume of applications, would only be reaching out to the shortlisted applicants.
We are an Equal Opportunities Employer and encourage everyone to apply. Come join us to unleash your true potential and be a better YOU!!
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