Accounts Assistant

Job Description

Accounts Assistant | Al Futtaim Automotive | Toyota & LexusOverview of the roleWe are currently looking for competent and experienceÿAccounts Assistant.ÿThe Accounts Assistant will be handling the cashiering activities and will work closely with Branch Accountants to support the Toyota & Lexus showroom and workshop activities.ÿWhat you will doCash (Revenue & Petty Cash Fund) Management

• Monitoring the insurance limits of cash/collection in vault, ensuring the insurance coverage from AOIC if the cash/collection in vault exceeds the limit
• Ensure that collected revenue must be handed over to Transguard on a succeeding day
• Daily collection reports should be uploaded in the shared drive provided by the AFSS
• All collection / PCF verification and hand over are properly signed / filed for future references
• Monitoring and communicate cheque clearance, bouncing cheques, and refund cheques -ÿRefunds ( Cash , Card to card, Cheque)
• Ensure accurate data entry in SAP - billing cancellation & advance payments should be kept at minimum level - Cash Invoices not yet collected report should be always cleared & monitored
• Ensure sublet and bought-out charges are posted to Job cards for charging the customer
• Receive cash, cheques, online/ bank transfers, credit/ debit card payments from customers, Record all collections in SAP system against relevant customer account, Daily Reconciliation of Revenue and Petty cash, Ensure safekeeping of cash and equivalents, Banking of Revenue Collection.
• Down Payment transfers in SAP

ÿBusiness Processes & Controls

• All business processes are conducted according to SOP and with correct levels of sign authority
• Ensure payments / delivery to be done by/for the payer and if 3rd party, UT verified by the Branch Manager should be secured

Accounts Receivables Management (AR Management)ÿ

• Daily / Weekly / Monthly monitoring of branch AR report (all credit facilities provided) and follow-up with concerned channels to ensure timely collection of all outstanding / overdue invoices
• Maintain list for all credit facilities provided to branch credit customers including credit limit / credit period / main contact details / credit facility documents if possible
• Performing AR Postings and PDC cheque posting and submission to HO
• Reviewing and ensuring of timely submission of Second sets / Loan documents submission.
• Reconcile credit customer accountsÿ

ÿInvoicing & Delivery Management

• Perform financial transactions and process invoices in a timely manner.
• Ensure all relevant AFM document processes are strictly adhered to ensure all bank payments are met
• Ensure Revenue/Provision in place and Assignee clause is without error
• Substantiates financial transactions by auditing documents.
• Perform record keeping of all financial operations.
• Manage Intra & Internal Sales including Government Sales.
• Authorization of all in house AFM sales & credit customers.
• Daily invoice summary for credit invoices & sales return cases, monitor all outstanding debts & report. Performing any amendments required in the invoicing.
• Support & Guiding of Matrix managers, Sales team and Sales Admin.
• Maintain proper invoice filing with complete document set for easy retrieval

ÿPetty Cash Management

• Verify all cash & cheque transactions from the previous day and encode into SAP.
• Strict adherence of AFM company policy regarding customer refunds, maintain log for tracking purposes.
• Monitoring Petty clash float for ensuring adequate balance and reviewing pending re-imbursements/claims for submission.
• Maintain demo & Fixed Asset fuel log
• Perform Surprise Cash Count as per SOP.
• Ensure that petty cash expenses are paid with appropriate approval as per DOA, liquidity of petty cash must be maintained for smooth branch operations

ÿFinancial Reporting, Cost & Internal Controls

• Finance related processes are conducted in compliance with AFM policies & procedures (SOPs).
• Supporting in monitoring Opex & Capex.
• Monitor & maintain AFM administration document process is adhered at all times.
• Monitor clearance of Open POs follow up with COT & Showroom Admin Team every month

Keyskills :