Al-Futtaim Group

Accounts Payables Executive | Finance | Al Futtaim Retail | Dubai,UAE

Dubai, AE
Competitive salary + benefits
27 May 2022
01 Jun 2022
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

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 job holder supports in performing activities pertaining to the Procure to Pay process. This includes Invoice Management, Vendor Management, Month End Reconciliations, Travel and Expenses

The Job holder is required to coordinate and liaise with internal and external parties to facilitate transaction related clarifications. Additionally, the individual is required to initiate and participate in continuous process improvement initiatives within the function.

What you will do

Invoice processing foreign trade, local trade, non-trade

  • Validate, approve and post invoices
  • Manage exceptions follow up
  • Generate payment file
  • Verify payments processed
  • Record and reverse accrual
  • Support invoices inquiries
  • Close accounts payable

Vendor master data management and maintenance

  • Create/ modify vendor master data
  • Review vendor master data database

Month end

  • Perform and review month end reconciliations

Travel and expenses/ staff claim

  • Validate claims and supporting documents
  • Post claims
  • Perform clearing
  • Manage exception follow up
  • Perform settlement clearing against bank payment

Reporting and other general duties

  • Operate the shared service ticketing and other platforms to create, monitor and manage ticket handling for service request submitted to the APSSC for completion
  • Generate report such as aging report and support audit activities
  • Participate in service improvement initiatives

Required skills to be successful

  • Well-versed in international and local accounting requirements and regulations
  • Ability to respond flexibly and empathetically to customer needs, managing their expectations effectively
  • Ability to work independently and with a team
  • Able to adapt to a fast-changing environment
  • Demonstrated ability to work effectively in a multi-national organization
  • Detail-oriented and reliable
  • Good analytical and communication skills
  • Ability to multi-task

What equips you for the role

  • 2 plus years of experience in finance related functions
  • Degree in Accounting/ Finance/ Business (or any other related fields)
  • Knowledge in IFRS / MFRS / other local regulations
  • Audit background is preferred
  • Certified Chartered Accountant is preferred
  • Knowledge of Microsoft Office Suite (Word, Excel, PowerPoint, Access, Outlook)

About Al-Futtaim Retail

Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer’s in both regions with over 75 stores offering both fashion & food options.

Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference…

For further information, and to apply, please visit our website via the “Apply” button below. 

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