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24 Jun 2021

Full-Time Accounts Executive

Al Futtaim – Posted by gjobpres Dubai, UAE

Job Description

A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Accounts Executive”.

Company Name Al Futtaim
Qualification Masters Degree | ACCA | CPA | ICAEW
Experience 3 – 5 years of Relevant Experience Required
Monthly Salary 6,000 AED – 8,000 AED
Employment Type Full Time | Permanent
Company Size 50-100 Employees
Benefits Medical Insurance | Accommodation 
Location Dubai

Job Duties and Responsibilities:

About You

You are driven to exceed your goals. You are inspired by working together in fast-paced and complex environments. You are interested in people’s everyday life at home and in-home furnishings.

What’s more, we believe that you have the following knowledge, capabilities, and motivation:

    • Live and share the IKEA values every day
    • Bachelors Degree in Finance with experience in tax accounting and accounting software
    • 3 to 5 years of experience working as Accounts Executives in any reputable organization.
    • Experience of Tax accounting is an added advantage.
    • Proficient in MS Office applications (Excel, etc) and accounting software package preferably in ERP systems like SAP & Navision
    • Good financial, tax filing and audit acumen
    • Strategic Planning and Analytical Skills
    • Effective English Communication

About The Role

You are responsible for working closely with the accounting team, Stores, SSF, and tax department to provide support in managing business requirements on daily basis relating to the smooth running of the business. You ensure that all business information and accounting figures are constantly monitored & accurately maintained so as to reflect a true and fair view of the company in the Business Financial & Performance Reports.

Key Specific Accountabilities

Business Planning & Analysis

    • Support in preparation & consolidation for Budgets, Forecasts & Strategic plans
    • Support in timely upload and validation of planning data into systems like Anaplan, SAP, and BPC

MIS and Reporting

    • Regularly prepare MIS reports from Navision/SAP for sales, inventory, financials
    • Daily sales reporting and Weekly reporting for Retail & Group requirements
    • Monitor variances versus budgets and provide MIS reports to respective service office departments

Clearing Accounts

  • Monthly reconciliation of Credit card clearing accounts – working with respective store cash office teams to ensure timely reconciliation
  • E-Commerce:
  • Weekly / monthly clearing & reconciliation of E-Commerce settlements in Navision
  • Coordinating with IKEA IT Team on system issues and resolving it

Inventory Reconciliation

    • Prepare analysis on inventory and aging and monitor stock provisioning
    • Monthly booking of inventory-related entries between Navision & SAP
    • Ensuring correctness of financials booked in Navision
    • Reconciling Inventory Reports between Navision & SAP, on a regular basis
    • Maintaining Inventory movement records and documentation pertaining to each Inventory related GL in Navision

Capital Expenditure

  • Collaborate & support stores in GIAMS Capex submission
  • Co-ordinate and support stores in the Asset write off process
  • The input of Capex >AED 300k in GIAMS
  • Responsible for Asset creation (SAP); co-ordination with stores to ensure timely tagging of assets
  • IKEA Components Capex:
  • Responsible for tracking order confirmations (Capex & OPEX); invoice submission with requisite documentation and timely submission
  • Expansion – New Projects:
  • Tracking Capex requests for new IKEA projects
  • Support Finance & Expansion team in documentation
  • Maintain regular tracking for Capex & Pre-operative expenses

How to Apply

Job Categories: Accounting & Finance. Job Types: Full-Time. Job Tags: Accounts, Accounts and Finance, and Accounts Executive. Salaries: Less than 20,000.


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