Accounts Receivables Manager - FAMCO

Job description / Role

Accounts Receivables Manager - FAMCO - Jeddah, Saudi Arabia

FAMCO (Al-Futtaim Auto & Machinery Co.) is a market leading supplier of products & services to a diverse range of industries & commercial undertakings covering the transportation, construction, manufacturing, warehousing, oil & gas and marine sectors. FAMCO serves these industries with world-class brands like Volvo Trucks, Volvo Buses, Volvo Construction Equipment, Merlo, Ingersoll Rand, Linde, Dexion, Yanmar, Himoinsa, Stanley Proto, Fenner, Bruynzeel, Mobel Linea, Meco, Bott, Stertil, Hart & Nassau.

FAMCO has operations in UAE, Saudi Arabia, Qatar and Oman. The company's development and success has been based on an in-depth understanding of customer needs and the dedication of its skilled staff.

FAMCO is committed to providing outstanding second-to-none service levels to customers and to maintaining quality, safety and environmental standards at the highest possible levels. FAMCO is an ISO 9001:2008 & ISO 14001:2004 certified company.

Job Title: Accounts Receivables Manager
Reports to: Finance Manager
Department: Finance & Accounts
Location: Jeddah, Saudi Arabia

OVERVIEW:
We are looking to recruit a qualified Accounts Receivables Manager to be based in our Jeddah office, and be part of a growing finance team. This role reports to Financial Controller and will be responsible for providing financial, administrative services in order to ensure effective, efficient and accurate financial and administrative operations, your job responsibilities will be including & not limited to:

RESPONSIBILITIES:
- Ensure the smooth running of the Accounts Payable department in accordance with company policies and guidelines.
- Performing the month end closing process and reconciliation of the ledgers.
- Maintain excellent working relationship with internal and external stake holders.
- Ensure the Accounts Receivables team is replying to all queries in a timely manner and all queries are dealt with correctly and efficiently.
- Provide day to day management of the Accounts Receivables team - motivating and leading the team you will also lead the way in developing processes and efficiencies.
- Manage and develop a team of 6 individuals, who will be Accounts Payable Accountants.
- Regular reporting and analysis to KSA based executives and occasionally with corporate staff as well.
- Provide and implement recommendations to improve both systems and processes that benefit the organization as well as Success Factors.
- Partner with the GL Team to help assure accurate and timely month end closing and reporting.
- Lead and/or support New ERP system implementation, enhancements, upgrades or new product roll-outs.

Requirements

- Ability to work in an extremely fast-paced environment with rapidly changing business priorities.
- Minimum of 3 years post qualification experience with good knowledge of accounts payable function, ideally in the automotive sector.
- Excellent understanding of setting up and organizing database and spread sheets.
- You will have experience of processing and payment of invoices in multiple currencies as well as experience of working in a shared services Accounts Payable function.
- Ability to naturally analyze, prioritize, and synthesize all types of information to allow timely and effective business impact on a consistent basis.
- Sufficient balance of wisdom, flexibility, balance, intelligence, confidence and ability to prioritize to be able to operate (both as individual and as team leader) at a very high level of effectiveness extremely demanding, driven and execution-oriented environment.
- Unquestioned integrity and ability maintain required confidentiality associated with this key financial position.
- Professional Accountancy Qualification.
- Excellent communication skills.

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.