Senior Accountant O2C - Finance Shared Service Center

Job description / Role

Senior Accountant - O2C | Finance Shared Service Center | Corporate Services

Overview of the 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 Arab 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 enable the organisation to continue to grow and expand, responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration, and integrity, Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role

As an (O2C) Senior Accountant in Group Finance Shared Service Centre (FSSC), he/she will focus on supporting the day-to-day activities of the O2C function whilst complying with the organization's policies and procedures and ensuring necessary checks and balances to mitigate risks.

What you will do

• Timely O2C partnering support to Business in day-to-day operations
• Daily collection control account monitoring and exception management
• Perform monthly/periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the Business
• Preparation and circulation of periodic O2C exception reports and dashboards to stakeholders
• Perform assigned month-end book closing tasks within O2C
• Computation of provision for doubtful debts in accordance with policy
• Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processes
• Any other O2C activities assigned from time to time

Required skills to be successful

The job holder should possess a good understanding of accounting and financial principles.

He/She should:

• Be able to apply the required day-to-day accounting controls as well as be vigilant to identify and flag risks in the day-to-day activities.
• Be able to provide meaningful analysis and data that would trigger appropriate action.
• Have a positive attitude and be able to communicate with various associates and teams to ensure that all issues related to O2C are resolved in a timely and proactive manner.
• Be collaborative, trustworthy, receptive to feedback, and eager to learn and support the O2C Team and Tower head in the various activities and initiatives within the O2C function.

What equips you for the role

• Finance graduate or semi-qualified or equivalent qualifications
• Good accounting knowledge (IFRS knowledge is preferred)
• Analytical as well as process-oriented
• Excellent communication skills
• Prior working knowledge in ERP systems (e.g., SAP)
• Knowledge of Excel, PowerPoint, and other Microsoft Office tools
• Detail-oriented and organized
• 3-5 years similar experience, with a good knowledge of ERP systems.

We're here to provide excellent service, but a little help from you can ensure a five-star candidate experience from start to finish.

Before you click "apply": Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalized CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our values of respect, integrity, collaboration, and excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.

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.