Finance Executive | Real Estate | AFC | UAE National

Al Futtaim Group

Dubai, UAE

Ref: HP698-15088

Job description / Role

Employment: Full Time

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:

The Finance Executive ensures accurate job creation, budget management, and closure in SAP. They maintain precise cost and revenue budgets, update them regularly, and keep thorough records of all financial documents. This role involves maintaining the general ledger, tracking assets, and managing customer invoicing processes. The Finance Executive prepares performance reports for management, reconciles revenue accounts, and coordinates with project managers to verify timekeeping records, ensuring efficient financial operations and support for business decision-making.

What you will do:

- Ensure accurate creation of Job, budget modifications, and job closures in SAP.
- Ensure accurate and appropriate cost and revenue budgets are established for jobs created in the system.
- Regularly review and update budgets as necessary, ensuring they reflect current project statuses and financial forecasts.
- Maintain thorough and organized records of all contractual documents, vendor invoices, requisitions, and purchase orders.
- Ensure all financial documentation is complete, accurate, and up to date.
- Maintain accurate records of the general ledger and track all assets, including current and non-current assets, work in progress, and contract liabilities.
- Prepare and review performance reports to provide business insights and support decision-making.
- Present performance reports to management and other stakeholders, highlighting key financial metrics and trends.
- Ensure all job-related financial transactions are accurately recorded and tracked (SAP).
- Manage customer invoicing processes, ensuring accurate and timely billing.
- Reconcile revenue accounts and ensure all revenue postings are completed for month-end activities.
- Accurately post and manage man-hours for jobs created, ensuring all entries are precise and up to date.
- Coordinate with Business Analyst and project managers to verify and correct timekeeping records as necessary.

Requirements:

Behavioural Competencies:
- Strong knowledge of accounting principles and practices.
- Proficiency in SAP and other accounting software.
- Excellent analytical and problem-solving skills.
- Attention to detail and high level of accuracy.
- Strong organizational and time management skills.
- Effective communication and interpersonal skills.
- Ability to work independently and as part of a team.

What equips you for the role:

Minimum Qualifications and Knowledge:
- Bachelor's degree in accounting, Finance, or a related field.
- Certified Management Accountant (CMA) or Certified Public Accountant (CPA) qualification is required.

Job-Specific Skills and Minimum Experience:
- 2-3 years of experience in Accounts and Finance Functions, Proven experience with SAP is essential (AR-AP and reporting knowledge).

About Al-Futtaim Engineering & Technologies

Al-Futtaim Engineering & Technologies offers customers complete engineering and systems integration solutions.

The Engineering arm operates in the UAE, Qatar, Saudi Arabia and Egypt providing a wide variety of products and services from air conditioning, scaffolding and access solutions, elevators and escalators, control and life safety, facilities management, building products, MEP, Energy Management, Technology Infrastructure and Digital Transformation.

The Technologies division provides complete business solutions to large, medium and small customers that include, contact centre solutions, business applications, business intelligence, data management, advanced analytics amongst others. The IT infrastructure portfolio comprises IP telephony, ELV systems, networking solutions, professional audio-visual solutions and managed services.

These solutions are further complemented by services that include project management, installation, testing, commissioning and after-sales maintenance contracts.

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.

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Finance Executive salaries in Dubai

Average monthly compensation
AED 7,000

Breakdown available for industries and years of experience