Accountant – Accounts Payable – Al-Futtaim Shared Services Finance

Al Futtaim Group
Dubai, UAE

Ref: HP698-5114
Al Futtaim Group

The Role


The Role


Shared Services Finance is a department under Group Finance handling the entire back office related to accounting and auditing for Dubai Festival City, Electronics, Engineering & Technologies and the Head Office Companies. SSF handles Accounts Receivables, Accounts Payables, General Ledger Accounting, Bank Reconciliations, monthly and annual closing and audits for the above mentioned groups.We are currently looking to recruit an experienced Accountant - Accounts Payable to be based in our Dubai office.

In this role you will be responsible for:

* Processing Payments- Review documents received from various companies within the Group ensure completeness in terms of approvals and adequacy of supporting. Process payments as per agreed timelines in Service Level Agreements.
* Compile Accounting Schedules - For certain key accounts such as down payments, GRIR, One-Time Miscellaneous Vendor etc; maintain updated monthly schedules. Highlight areas of slackness. Work closely with GL Accountant and provide necessary information/schedules.
* Vendor Reconciliation - Ensure vendors are reconciled at least once a year. Besides reconciliation, based on findings, highlight areas that pose a risk to the business.
* Document Control - Ensure necessary data is provided to document controller in prescribed format so that necessary MIS is available for feedback to business and delayed payments tracked.

Requirements


Requirements


To be successful in winning this role, you must have the following skills and experiences:

* A Graduate degree. It is preferable that you have a Bachelor of Commerce or a Finance/Accounting related degree.
* Candidates with further specialised accounting qualifications/certifications will be preferred.
* At least 2 years of experience in Accounting.
* Previous work experience within a large organisation
* Experience of dealing with high volumes of invoices

It is essential that you have an excellent command of the English language both written and spoken and be able to work within a team environment. You must have good IT skills and preferably be competent with SAP as this package is currently used by all Al Futtaim companies within the group.

About the Company


About the Company


Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Group’s continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Group’s belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.
This Position is closed or expired