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Finance Executive

1.00 to 10.00 Years   Dubai, United Arab Emirates   30 Sep, 2024
Al Futtaim Group
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

Overview of the role: The Finance Executive ensures accurate job creation, budget management, and closure in SAP. They maintain precise cost and revenue budgets, update them regularly, and keep thorough records of all financial documents. This role involves maintaining the general ledger, tracking assets, and managing customer invoicing processes. The Finance Executive prepares performance reports for management, reconciles revenue accounts, and coordinates with project managers to verify timekeeping records, ensuring efficient financial operations and support for business decision-making. What you will do:

  • Ensure accurate creation of Job, budget modifications, and job closures in SAP.
  • Ensure accurate and appropriate cost and revenue budgets are established for jobs created in the system.
  • Regularly review and update budgets as necessary, ensuring they reflect current project statuses and financial forecasts.
  • Maintain thorough and organized records of all contractual documents, vendor invoices, requisitions, and purchase orders.
  • Ensure all financial documentation is complete, accurate, and up to date.
  • Maintain accurate records of the general ledger and track all assets, including current and non-current assets, work in progress, and contract liabilities.
  • Prepare and review performance reports to provide business insights and support decision-making.
  • Present performance reports to management and other stakeholders, highlighting key financial metrics and trends.
  • Ensure all job-related financial transactions are accurately recorded and tracked (SAP).
  • Manage customer invoicing processes, ensuring accurate and timely billing.
  • Reconcile revenue accounts and ensure all revenue postings are completed for month-end activities.
  • Accurately post and manage man-hours for jobs created, ensuring all entries are precise and up to date.
  • Coordinate with Business Analyst and project managers to verify and correct timekeeping records as necessary.
  • You will play a crucial role in developing and implementing financial strategies to optimize profitability and minimize risks, as well as evaluating investment opportunities and recommending financial decisions to senior management.
  • To continually improve the organizations financial processes and competitiveness, Finance Executives stay abreast of industry trends, changes in financial regulations, and emerging financial technologies.
  • Finance Executives play a pivotal role in enhancing the organizations financial processes and market competitiveness by staying informed about industry trends, evolving financial regulations, and emerging technologies.
  • Responsibilities of Finance Executives encompass overseeing financial activities like budgeting and reporting to maintain regulatory compliance and financial well-being.
  • Finance Executives ensure the organization remains competitive in the market by staying informed about industry trends, evolving financial regulations, and the latest financial technologies, thus enhancing financial processes.

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