Accountant - I2P | Finance Shared Service Center | Corporate Services

Job Description

Job Requisition ID: 154407 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 worlds most admired and innovative brands. Al-Futtaim Groups 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 Accountant - I2P. Overview of the role The invoice processing lead will work with the FSSC I2P tower head and FSSC Head and 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 doInvoice 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
• Validation of Invoices scanned - as and when required by Validation team.

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
• Ensure Daily targets are met for processing

Required skills to be successful

• Experience with ERP (preferably SAP - FICO, BPC, BI etc.) and information systems, including planning, implementation and monitoring
• Experience preferably in Shared Service environment with Process mindset
• Proficiency in MS Office (Word/ Excel/ PowerPoint/MS Projects)
• Sound knowledge on Accounting principles and Standards, Compliances, VAT
• Sound knowledge of Regulatory compliances
• Working knowledge of SAP
• Excellent analytical, reasoning and problem-solving skills

What equips you for the role

• Professional accounting qualification - BBA Finance, BCom, Inter CA, ACCA or equivalent
• Strong core finance technical skills and solid understanding of finance & Accounting Standards (IFRS), processes, infrastructure and systems (SAP FICO)
• Excellent Coordination and stakeholder management skills
• 5-7 years of well-rounded experience in the field of Accounts payable and have worked in finance

Were 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.

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About Company

The Al-Futtaim Group is a large conglomerate based in Dubai, United Arab Emirates.As a family-owned business, we take a long-term view in everything we do, because we believe that sustainable success requires uncompromising commitment.
That’s the reason why some of the world’s most admired and innovative brands from the USA, UK, Japan, Sweden, France, Germany and Switzerland – from sectors as diverse with each other as automotive, retail, real estate and finance – trust Al-Futtaim with their own reputation and commercial success since the 1930s.
And through our inherent customer-centric approach and relentless pursuit of perfection, we add significant value – connecting consumers in 20+ markets with these brands in contemporary, powerful, meaningful and emotional ways that create longstanding relationships based on loyalty and mutual trust.