Job closed
Ref: HP698-10143
Job description / Role
Accounts Executive (Treasury) - Retail Corporate, Dubai
Al-Futtaim's Retail Division holds a stable of world class brands operating in buoyant markets with huge growth prospects. Some of our brands are Marks & Spencer, Toys R Us, and IKEA as well as Robinsons with a range of smaller brands selected for their appeal to the markets in which we operate. We currently operate our Retail outlets across the Middle East and in South East Asia.
We have enjoyed phenomenal success throughout the UAE, Egypt and GCC countries. We are in the final stages of outline planning for massive growth and need to prepare for the next phase of this program.
We are looking for an Accounts Executive (Treasury) to join our Retail Finance team based in Dubai.
In this role you will be responsible for:
- Handling Bank Reconciliation, verify the entries in the books of accounts with the bank statements
- Reviewing the cash clearing and card clearing reconciliation on a monthly basis.
- Coordinating and supporting respective business on the reconciliation process
- Ensuring that all the Retail stores are provided unhindered Cash Management Services and also ensuring that the staffs are trained on the same.
- Ensuring that all the Retail stores are provided unhindered POS Services (Credit Card Acquiring) and also ensuring that the staff are trained to operate on the same
- Verifying that all accounts receivable requirements of the businesses under Retail Division are provided.
- Ensuring that the documentation requirements for all businesses under Retail Division is completed and submitted to Bank and Group Treasury within the stipulated time.
- Coordinating with Group Treasury for the foreign currency spot purchase requirements of businesses under Retail Division after ensuring that the foreign currency in bank accounts have been fully utilized.
- Ensuring the preparation, consolidation and submission of the Treasury Reports to the Group Treasury within the stipulated time.
- Interacting with & providing assistance to internal/external auditors to facilitate the completion of audits of the Treasury activities.
Requirements
- Graduate (Commerce) or MBA (Finance), preferably CA
- A minimum of 3 years experience as an Accounts Assistant/ Accountant preferably in retail
- Excellent knowledge of Excel and exposure to any ERP, preferably SAP
- Analytical and numerical ability
- Good communication and interpersonal skills
- Planning and organising skills
- Good reporting skills
- High level of accuracy
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 Groups 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 Groups 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.