hireejobsgulf
Register for Job

Senior Accountant - O2C

1.00 to 10.00 Years   Dubai, United Arab Emirates   08 Jan, 2024
Al Futtaim Group
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

Senior Accountant - O2C | Finance Shared Service Center | Corporate ServicesOverview of the roleAs an (O2C) Senior Accountant in Group Finance Shares Service Centre (FSSC), he/she will focus on supporting the day-to-day activities of the O2C function whilst complying with organization?s policies and procedures and ensuring necessary checks and balances to mitigate risks through his team members:˙This position will be responsible for the following.

  • Ensure strong control and governance to the activities involved in Order to Cash process in compliance with company policies and procedures
  • Drive further development and enhancement of the current process
  • Ensuring daily/weekly/monthly partnering support to business operations are completed by O2C accountants
  • Review GL Reconciliations
  • Ensure risks/exceptions / interface fallouts highlighted by accountants are resolved on a timely manner by performing review, reconciliation, escalations, and substantiation of O2C accounts and reports.
  • Review Accounts Receivables and overdues position shared with business to facilitate their follow-up and collection activities
  • Review customer accounts reconciliation carried out by accountants
  • Review provision working for various risks including doubtful debts as per Policy
  • Review and approve various accounting entries made by accountants
  • Review and comply with the department check list for month end and year end book closing
  • Identify standardization and automation initiates and drive as a project for cost saving
  • Ensure Support with resolution of audit requests (internal and external) within the submission timelines
  • Review GL Schedules from the Balance Sheet Substantiation perspective as per the group initiative
  • Support management with ad-hoc reporting requirements
  • Liaise with IT Team, System, Process & Compliance Team, Divisional Controlling Team, and various Business Units to resolve issues, escalations, projects, and other initiatives
  • Conduct review meeting with BUFCs
  • To play an active role in transition and integration
  • Review customer master data created by O2C accountants
  • Review customer KYC documents updated by O2C accountants
What you will do
  • Timely O2C partnering support to Business in day-to-day operations
  • Review GL Reconciliations
  • Daily collection control account monitoring and exception management
  • Perform monthly / periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the Business
  • Preparation and circulation of periodic O2C exception reports & dashboards to stakeholders
  • Perform assigned month end book closing tasks within O2C
  • Computation of Provision for doubtful debts in accordance with Policy
  • Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processes
  • Any other O2C activities assigned from time to time
  • Actively participate in Transition activities

Keyskills :

APPLY NOW

Related Jobs

© 2023 HireeJobsGulf All Rights Reserved