Al-Futtaim Group

Senior Accountant - I2P | Finance Shared Service Center | Corporate Services

Dubai, AE
Competitive salary + benefits
29 Feb 2024
13 Mar 2024
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 A”rab 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.

We are currently seeking an experienced finance professional to join our Finance Shared Service Center in the capacity of Senior Accountant – I2P.

Overview of the role

The invoice processor will work with the FSSC I2P Manger and Senior Manger will be accountable for all invoice processing and intercompany payment related to Finance & Accounts (Statutory, Management & Tax accounting) for all entities being served by FSSC.

He / She will establish, manage and maintain daily financial processes (Invoice processing, allocation of workload to staff, review of accounting irregularities, ageing on balances, MIS, Audits, Technical accounting matters, Reporting and reviews etc. as per time bound deliverables). The candidate will be responsible for providing inputs, advice and support to the team on technical and operational matters.

What you will do

Invoice processing

  • Processing PO / Non PO based invoice for Local third party vendor for company codes assigned
  • Ensuring VAT compliant invoices while processing local third party invoices, both PO and NPO based.
  • Ensuring approvals are taken before processing manual posting and GL, CC and Tax codes are provided.
  • Sending mail to unblock the entries which are in blocked status.
  • Updating the payment printing file for urgent payment.
  • Managing Ariba manager approval for all company codes assigned
  • Managing queries received through email or call
  • Ensure timely processing of supplier invoices
  • Ensure timelines are met as per SLA
  • Ensure periodic balance sheet substantiation and aged items over 90 days are tracked and reported
  • Follow up with business unit to complete invoice verification
  • Ensure to process payments for Principal vendors as per credit terms and standing instruction (eg: Trading Enterprises - Some Principal vendor payments by 25th of every month)
  • Advance Payment Review
  • Good Receipt IR Review
  • Debit Balance Review
  • Vendor Account Zero Balance
  • Reviewing Monthly Gl Schedule and clearing balances post coordination with BU Finance

Internal and financial control compliance

  • Ensure application of appropriate internal controls, compliance and financial processes at FSSC (Procurement, AP, systems etc.)
  • Adopt best practices and process improvements within the Financial Reporting, Technical Accounting and Financial Controlling processes
  • Review and reconciliation of BS accounts, GL Scrutiny

Technical Expertise

  • Thorough knowledge of SAP Invoice processing accounting, tcodes, underlying transaction basis
  • Work with IT demand manager to ensure reports are being automated and available on real time basis

Required skills to be successful

  • Good accounting knowledge (IFRS knowledge is preferred)
  • Analytical as well as Process oriented
  • Excellent communication skills
  • Prior working knowledge in ERP systems (ex: SAP)
  • Knowledge of Excel, Power Point and other Microsoft office tools
  • Detail-oriented and organized

What equips you for the role

  • Professional accounting qualification - BBA Finance, BCom, Inter CA, ACCA or equivalent
  • 5-7years 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 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.

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

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