Jobs for UAE Nationals: Senior Accountant at Al Futtaim
Applicant criteria
- No specific age required
- 5+
- Both
Opportunity criteria
- Full time
Opportunity description
Al Futtaim is offering a job opportunity as a Senior Accountant who holds an Emirati nationality to join the team in the United Arab Emirates.
Duties & responsibilities
- Responsible for complete accounting cycle for assigned Residential portfolio companies. (Revenue, Expense, Closing & Reporting).
- Ensure posting run is complete for all rental contracts/ Sales contracts in a timely manner and cumulative monthly provision is revised as required. Preparation of various reconciliations such as monthly rent rolls, inventory reconciliations, bank reconciliations etc.
- Evaluation of various expense requests in terms of justification for the expenses, budget availability etc., verification of LPO’s, coding and posting of approved expenses as per budget in respective GL Accounts, cost centres and ensure approval as per DOA for Opex & Capex.
- Ensure approved payments are released as per agreed payment terms and all supporting documents are in compliance with Company’s Policies & Procedures and approved as per DOA, including timely settlement of Intercompany creditors and debtors.
- Ensure GRN’s are assigned to LPO’s on a monthly basis against completed works & services and cumulative monthly provision is revised as required.
- Liaise with Financial Planning & Analysis team and provide the cash flow inputs for weekly and monthly forecasts.
- Assist Finance Manager in preparing and coordinating with the respective business to complete the budget and forecast exercise on quarterly and annual basis.
- Prepare monthly and ad-hoc management reports and provide detailed commentary for monthly business reviews and preparation of dashboard reporting.
- Ensure Balance sheet reconciliation is conducted on a quarterly basis and items required further analysis to be highlighted and device plans to reconcile.
- Ensure accuracy of data/compliance to DOA/budget on various lease documents processed through Finance department and coordinate with Leasing team.
- OA related payments to be reviewed before disbursing payments to vendors / suppliers, ensuring there are approvals from selected OA board members.
- Providing support to OA for preparing schedules (Utilities, Revenue, Expenses etc.) and co-ordinating with external auditor to complete the OA audit.
- Preparing monthly accruals (expense & revenue) reports, ICM acceptance, COS & transfer entries ensuring all these actives are accounted before the month end.
Eligibility criteria
- Post-graduate degree in commerce / accounting / finance with knowledge of Financial Management and Accounting Systems is necessary.
- Advanced knowledge of ERP Financial Software is necessary; SAP expertise will be preferred.
- 5-7 years of relevant experience working in diverse teams; real estate construction / projects environment experience will be preferred.
- Well-versed in IAS / IFRS.
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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