Assistant Branch Accountant | Al-Futtaim Automotive | Toyota & Lexus

Job description / Role

Job Requisition ID: 167704

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 organization 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

We are seeking a dedicated and detail-oriented Assistant Branch Accountant to join our team at the TY & LX Showroom and Workshop. This role involves providing crucial support to the Finance Business Partner (FBP) - Retail and ensuring the smooth operation of financial processes for both Toyota and Lexus.

Responsibilities

• Manage revenue collection, including cash, credit card, cheque payments, and online transfers.
• Ensure timely posting and scanning of cheques, and maintain daily collection and petty cash funds.
• Monitor insurance limits for cash collection and ensure compliance with company policies.
• Handle petty cash management, including posting documents and customer cash refunds.
• Supervise cash and cheque transactions, ensuring adherence to company policies.
• Reconcile daily RTA eWallet transactions and manage eWallet cash float.
• Oversee accounts receivables management, including monitoring branch AR reports and reconciling credit customer accounts.
• Perform financial transactions, process invoices, and ensure all relevant documentation is complete.
• Support and guide matrix managers, sales team, and sales admin.
• Conduct financial reporting, cost monitoring, and internal controls.

Required skills to be successful

• Previous experience in a similar role within the automotive industry.
• Proficiency in using financial software and tools, such as SAP.
• Strong understanding of revenue collection and petty cash management.
• Strong communication and interpersonal skills.

About the team

Our team is composed of dedicated professionals who are committed to ensuring the financial stability and success of our showroom and workshop. We work closely with various departments, including sales, administration, and finance, to provide comprehensive support and guidance.

What equips you for the role

• Strong knowledge of financial processes and procedures.
• Ability to work independently and as part of a team.
• Excellent problem-solving skills and ability to handle multiple tasks simultaneously.
• Commitment to maintaining high standards of accuracy and integrity in financial reporting.
• Proficiency in financial transactions, invoicing, and accounts receivables management.
• Excellent supervisory skills and attention to detail.
• Ability to adhere to company policies and procedures.

About Al-Futtaim Automotive

A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with a presence in 10 countries across the Middle East, Asia, and Africa. Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing, and aftersales, and we are firmly established as the regional representative of some of the world's most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo, and RAM.

We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences.

We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, and commercial vehicles to industrial and construction equipment.

What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth throughout the career path. This is Al-Futtaim Automotive, and we empower talent to move forward.

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.