Accountant | Al Futtaim
Company Name: Al Futtaim
Qualification: Masters & Bachelors
Location: Dubai, United Arab Emirates
Salary Range: 8,000 AED – 10,000 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
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 organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
Job Description/Role
What You Will Do
Invoice processing
- Processing PO / Non PO based invoice for Local third party vendor for company codes assigned
- Ensuring VAT compliant invoices while processing local third party invoices, both PO and NPO based.
- Ensuring approvals are taken before processing manual posting and GL, CC and Tax codes are provided.
- Sending mail to unblock the entries which are in blocked status.
- Updating the payment printing file for urgent payment.
- Managing Ariba manager approval for all company codes assigned
- Managing queries received through email or call
- Ensure timely processing of supplier invoices
- Ensure timelines are met as per SLA
- Ensure periodic balance sheet substantiation and aged items over 90 days are tracked and reported
- Follow up with business unit to complete invoice verification
- Ensure to process payments for Principal vendors as per credit terms and standing instruction (eg: Trading Enterprises – Some Principal vendor payments by 25th of every month)
- Advance Payment Review
- Good Receipt IR Review
- Debit Balance Review
- Vendor Account Zero Balance
- Validation of Invoices scanned – as and when required by Validation team.
Internal and financial control compliance
- Ensure application of appropriate internal controls, compliance and financial processes at FSSC (Procurement, AP, systems etc.)
- Adopt best practices and process improvements within the Financial Reporting, Technical Accounting and Financial Controlling processes
- Review and reconciliation of BS accounts, GL Scrutiny
Technical Expertise
- Thorough knowledge of SAP Invoice processing accounting, tcodes, underlying transaction basis
- Work with IT demand manager to ensure reports are being automated and available on real time basis
- Ensure Daily targets are met for processing
Required Skills To Be Successful
- Experience with ERP (preferably SAP – FICO, BPC, BI etc.) and information systems, including planning, implementation and monitoring
- Experience preferably in Shared Service environment with Process mindset
- Proficiency in MS Office (Word/ Excel/ PowerPoint/MS Projects)
- Sound knowledge on Accounting principles and Standards, Compliances, VAT
- Sound knowledge of Regulatory compliances
- Working knowledge of SAP
- Excellent analytical, reasoning and problem-solving skills
What Equips You For The Role
- Professional accounting qualification – BBA Finance, BCom, Inter CA, ACCA or equivalent
- Strong core finance technical skills and solid understanding of finance & Accounting Standards (IFRS), processes, infrastructure and systems (SAP FICO)
- Excellent Coordination and stakeholder management skills
- 5-7 years of well-rounded experience in the field of Accounts payable and have worked in finance