Accountant Invoice Processing | Al Futtaim
A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Accountant Invoice Processing”.
| Company Name |
Al Futtaim, Dubai |
| Qualification | Bachelors Degree | Masters Degree (Accounting/Finance) |
| Experience | 2 – 4 years of Relevant Experience Required |
| Monthly Salary | 5,500 AED – 7,000 AED |
| Employment Type | Full Time | Permanent |
| Company Size | 50-100 Employees |
| Benefits | Medical Insurance |
| Location | Dubai |
Job Requisition ID: 110081
No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives . Take our engaging and supportive work environment and couple it with a company culture that recognizes and rewards quality performance, and what do you get? The chance to push the limits every single day.
As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.
Come join us to live well, work better, and be the best.
About The Role
We are currently looking for Accountant Invoice Processing to join our Shared Services Finance team based in Al Rigga, Dubai. The job holder will be responsible in foreign Vendor Payments, Goods in Transit Accounting, Customs Duty process for Auto companies, treasury, reporting and analysis.
Foreign Vendor Payments – Principal /Others -LC
- Monthly review of Vendor balances along with ageing of advance payments to vendors.
- Review- Reconciliations of foreign Vendor Accounts with associates and advise
- Review of avalisation outstanding and monitor timely settlement.
- Review of Famco KSA Shipments and accounting at Famco UAE.
- Reconciliation of Receivable and payable between famco overseas companies.
- Omatra related Payments and Reconciliation
- Responsible for ensuring timelines are met as per SLA’s
Goods in Transit Accounting
- To ensure that Goods in Transit entries passed with accuracy in all Auto companies at month end.
- Review of GR/IR accounts with Ageing
Customs Duty Process- Auto
- Periodic Review of custom duty Accounts for Auto Companies
- Reconciliaton and confirmation of customs duty balances.
Treasury /LC
- Ensure accounting of LC negotiations through Treasury module, support Treasury in its operations including LC /Vendor Payment etc.
- Ensure that foreign currency and funds are available for principal and other supplier payments in a timely manner.
- Approve payment requests in bank portal & Treasury portal.
- Perform payment approval as per bank signature mandate.
Reporting & Analysis
- To Review reports on GRIR balances and Vendor ageing.
- To coordinate with business on review of vendor balances and suitable action on the same.
- To Support on Monthly/Half yearly/Annual closing and Audit activity.
Subordinates Training & Team build
- To review the performance of my direct reports on ongoing basis, provide them necessary guidance for them to do their job more systematically and efficiently, Carry out effective appraisals and objective settings of direct reports
- Review of PA & JD of direct reports
- To ascertain their training needs of the staff in different areas of their jobs, and provide them the necessary training for their improvement and making them to perform even better.
- To work with staff to create proper documentation of various jobs done, with detailed process notes, which will facilitate proper succession / handover and rotation of jobs.
About You
- You must have an Accounting background
- SAP knowledge preferred
- MS Excel – Intermediate level
- Audit firm experience
- Problem solving skills and attention to detail
We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.