Job Opportunity at Al Futtaim in the UAE: Finance Executive

Al Futtaim is looking for a Finance Executive to join the team and work in Dubai, United Arab Emirates. 

1. Coordinating with vendors in collecting details for vendor registration.
2. Coordinating with vendors on invoices missed for the payment cycle, obtain the invoices and submit to AP SSC with all supporting documents.
3. Liaise with the procurement team in timely creation of POs.
4. Coordinating with internal teams (Procurement & pharmacy) to correct mistakes in PO & GRN and clear Document processing.
5. Coordinate with UICs across all the units for timely submission of invoices once goods are received.
6. Arrange for approvals for out of run payments, raise Service request and coordinate with payments team to release the payment.
7. Arrange for advance payments for PO & Non PO based invoices/proforma invoices on requests from various user departments.
8. Respond to vendor queries on payment status.
9. Manage corporate credit cards reconciliations timely basis.
10. Coordinating with AP SSC for obtaining the proof of payments where required by vendors.
11. Coordinating with AP SSC for clearing advances made to vendors against tax invoice, once services are rendered/goods are delivered.
12. Arrange for correct invoices in case of incorrect TRN, incorrect company name and absence of address.
13. Arrange for VAT compliant credit notes from suppliers as per AF Group checklist.
14. Maintain tight overall control over Payable days and prepare monthly summary for Management.
15. Compile weekly payable statics and work closely with team to ensure Cash Flow projections are updated.
16. Analyze unit wise payable days and identify outliers if any.
17. Close monitoring of payable and timely flagging it to Line Manager when it goes beyond targeted range.
18. AP SSC from HIS for data validation and verification.
19. Ad hoc reports and analysis as required by Line Manager.

1. Bachelor’s Degree in Commerce. 
2. Chartered Accountancy or master’s in commerce/Post Graduate degree/Diploma in Finance is preferable.
3. Minimum 2 to 3 years in a similar role
4. Knowledge in Accounting Software.
5. MS Office proficiency.

About Al Futtaim:

Al-Futtaim’s family business traces its origins back to the 1930s on the banks of the Dubai Creek, a trailblazer for innovative trading concepts designed to enrich lifestyles. Today, Al-Futtaim is present in 29 countries, represents over 200 companies spanning the automotive, finance, retail, and real estate industries, and it is now 42,000 people strong. Currently spanning the automotive, finance, retail, and real estate industries, Al-Futtaim’s diverse and far-reaching portfolio of brands and companies are ever-present in people’s lives, from the shores of Singapore to the sands of the UAE.

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