Accountant

Job description / Role

Company Overview

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 enables 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

The Petty Cash Accountant I2P is integral to the Group Finance Shared Service Centre (FSSC), providing essential support in the I2P function. This role focuses on verifying and processing petty cash transactions, ensuring compliance with policies and procedures to mitigate risks. Key responsibilities include verifying petty cash documents, processing customer refunds, maintaining master files, and executing payment runs. The role demands attention to detail, process adherence, and effective collaboration with business units to resolve payment queries and exceptions while driving efficiency and improvement initiatives.

What You Will Do

General

• Verify petty cash according to the Petty Cash policy and ensure all documents have a paid stamp with original bills.
• Ensure all supporting documents are verified and matched with the claims.
• Reject claims exceeding the threshold of AED 5000 per voucher as per policy.
• Highlight vouchers older than one month from the date of transaction to Team Lead.
• Ensure payroll-related reimbursements are not processed through petty cash.
• Review the accuracy of VAT codes.
• Process customer refunds and payments.
• Ensure reimbursement requests come through the standard cash journal functionality.
• Post petty cash expenses for Company 2060 and transfer to respective Company through ICM.
• Execute payment runs and review exceptions for highlighting.
• Create and approve FAB card payments and ZFI_Factl file creation and payment.
• Maintain and update petty cash master file, and apply and close prepaid cards.
• Verify, approve, and process purchase float documents.
• Discuss any changes to SOPs with line manager and update Blueworks accordingly.
• Notify Team Lead of changes in roles and responsibilities promptly.
• Clear GL account 110004 to maintain zero balance.
• Process new petty cash requests through Cash Journal functionality.
• Control passport release for high financial risk role cashiers.
• Handle petty cash queries.
• Authorize ECD control for petty cashiers.
• Create and assign cash journals.
• Match petty cash counts periodically.
• Analyze float to maintain adequate Imprest balance.
• Conduct peer reviews of petty cash payments.
• Perform reliever duties for invoice booking, unblocking, payment reconciliation, EOSBs, and cheque refunds.
• Adhere to SLA and company policy.
• Clear payments from GL 160516 once settled via FAB card.
• Reconciling GL 160516 monthly.
• Serve as backup for team members for payments.

Required Skills to Be Successful

• Proficiency in ERP systems, preferably SAP.
• Strong analytical and process-oriented skills.
• Excellent communication and interpersonal abilities.
• Detail-oriented with strong organizational skills.

What Qualifies You for the Role

• Finance graduate or semi-qualified with equivalent qualifications.
• Minimum of 3-5 years of similar experience.
• Good knowledge of ERP systems like SAP.
• Excellent communication, analytical, and organizational skills.
• Proficient in Excel, PowerPoint, and Microsoft Office tools.

Candidate Experience

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 personalised 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.