Accountant - Accounts Payable | Automotive - Automotive Finance Shared Service | Dubai
- Recruiter
- Bayt.com
- Location
- Dubai, United Arab Emirates
- Salary
- Competitive
- Posted
- 02 Sep 2017
- Closes
- 04 Sep 2017
- Sector
- Accounting - Public practice
AutomotiveAl-Futtaim is regarded as a pioneer in the region's automotive industry. The company imported the first consignment of Toyota vehicles to the UAE and established Al-Futtaim Motors in 1955.Al-Futtaim represents 44 automotive brands across 16 countries and encompasses every aspect of the business: - Passenger and commercial vehicles sales- Manufacturing agricultural vehicles- Construction equipment sales and service - Used car sales- Rental and leasing About the Position
We are currently looking for an experienced Accountant - Accounts Payable to join the Automotive Finance Shared Service Team. The role will be based in Dubai Head Office and will report into the Accounts Manager. The main purpose of this position is to support the Department Head and to ensure compliance with company policies and procedures with major emphasis on Local Payables, Payroll, Petty cash management, Procurement process, Internal Audit, Training and systems support.
Job Context:
* Job holder is required to interact with GM/FM - AFSS; Location Managers and Divisional Heads - requires good communications skills.
* Understanding of systems (both AP and Policy / Procedures) is crucial both for determining applicability and relevance as well as for designing verification procedures and processes that are meant to highlight exceptions.
* Providing on-going training: It is essential that the job holder is a ‘subject matter expert' and has excellent presentation skills.
The role carries responsibility that are not limited to:
Local Payables
* Processing payments to vendor and suppliers within established time limits and ensuring that expenses are correctly booked.
* Reconciling Vendor balances and creating monthly accrual.
* Working closely with Accounts Payable management/staff and other Finance departments in support of time bound processes.
Payroll
* Processing of Payroll and all non-payroll related payments for compliance with DOA and company policies and procedures.
* Reconciling and review of all payroll accounts
Petty Cash
* Processing of petty cash reimbursements are made in compliance to company policies and procedures.
* Develop petty cash spend analysis and trends and build early warning signals.
* Monthly cash balance statement to be obtained from all petty cash vendors.
Procurement Process
* Co-ordinate with central procurement on continuous review and adherence to procurement contracts / rates with new automotive suppliers.
Internal Audit review and recommendations
* Ensure implement ion of internal audit recommendations and ensure best practices rolled out to all automotive companies
Policy and Procedures and System support
* Continuous review of policies and procedures with a strong focus on process improvement and streamlining opportunities.
* Ongoing Review of system process and ensure its applicability to business requirements in co-ordination with automotive business operations.
Training
* Ensure on-going training of Branch Accountants/ Petty cashiers/ Store keepers/ procurement team on all issues related to Purchase process and accounting.
About You
To be considered for this role you should ideally have relevant Degree in Commerce with a similar background experience in Accounting Management or Automotive General Management within a Franchised environment within the Automotive industry with minimum 5 years' experience.
It is essential you must have strong knowledge of the industry with prior experience in a multicultural organisation and have a detailed understanding in Management accoun
We are currently looking for an experienced Accountant - Accounts Payable to join the Automotive Finance Shared Service Team. The role will be based in Dubai Head Office and will report into the Accounts Manager. The main purpose of this position is to support the Department Head and to ensure compliance with company policies and procedures with major emphasis on Local Payables, Payroll, Petty cash management, Procurement process, Internal Audit, Training and systems support.
Job Context:
* Job holder is required to interact with GM/FM - AFSS; Location Managers and Divisional Heads - requires good communications skills.
* Understanding of systems (both AP and Policy / Procedures) is crucial both for determining applicability and relevance as well as for designing verification procedures and processes that are meant to highlight exceptions.
* Providing on-going training: It is essential that the job holder is a ‘subject matter expert' and has excellent presentation skills.
The role carries responsibility that are not limited to:
Local Payables
* Processing payments to vendor and suppliers within established time limits and ensuring that expenses are correctly booked.
* Reconciling Vendor balances and creating monthly accrual.
* Working closely with Accounts Payable management/staff and other Finance departments in support of time bound processes.
Payroll
* Processing of Payroll and all non-payroll related payments for compliance with DOA and company policies and procedures.
* Reconciling and review of all payroll accounts
Petty Cash
* Processing of petty cash reimbursements are made in compliance to company policies and procedures.
* Develop petty cash spend analysis and trends and build early warning signals.
* Monthly cash balance statement to be obtained from all petty cash vendors.
Procurement Process
* Co-ordinate with central procurement on continuous review and adherence to procurement contracts / rates with new automotive suppliers.
Internal Audit review and recommendations
* Ensure implement ion of internal audit recommendations and ensure best practices rolled out to all automotive companies
Policy and Procedures and System support
* Continuous review of policies and procedures with a strong focus on process improvement and streamlining opportunities.
* Ongoing Review of system process and ensure its applicability to business requirements in co-ordination with automotive business operations.
Training
* Ensure on-going training of Branch Accountants/ Petty cashiers/ Store keepers/ procurement team on all issues related to Purchase process and accounting.
About You
To be considered for this role you should ideally have relevant Degree in Commerce with a similar background experience in Accounting Management or Automotive General Management within a Franchised environment within the Automotive industry with minimum 5 years' experience.
It is essential you must have strong knowledge of the industry with prior experience in a multicultural organisation and have a detailed understanding in Management accoun