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12 Apr 2021

Full-Time Finance 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 “Finance Executive”.

Company Name Al Futtaim
Qualification Masters Degree | ACCA | CPA | ICAEW
Experience 3 – 4 years of Relevant Experience Required
Monthly Salary 7,000 AED – 8,000 AED
Employment Type Full Time | Permanent
Company Size 50-100 Employees
Benefits Medical Insurance | Performance-Based Bounces
Location Dubai

Job Duties and Responsibilities: 

General Ledger (G/L) Scrutiny & Accounts Payable

    • Constantly monitor and maintain the book of accounts (G/L, sub-ledger) accurately so as to reflect a true and fair view of the company in the performance reports
    • G/L schedules – scrutinize and prepare G/L schedules for review by the line manager
    • Reconciling various GL accounts and prepare ‘action-triggering schedules

MIS and Reporting

    • Monitor variances versus budgets and provide detailed MIS reports to other departments
    • Ensure compliance with group accounting and financial policy

Petty Cash Handling

    • Ensure that the RSO petty cash is tracked, maintained & accounted so that it always remains balanced (JH has to issue & maintain petty cash as per company procedures. Petty Cash must be reconciled on a daily basis to balance the same. Expense statement must be submitted to APSSC for replenishment)
    • Reviewing Store petty cash statements submitted for reimbursement & advises Store cash admin team on the changes to be done, when necessary. Checks for the Group & VAT compliance.

Accounts Payable

    • Coordinate, review, and ensure with Shared Service AP team, Inventory and AP related control GL accounts are reconciled and necessary action taken on a continuous basis.

Travel

    • Analyzing the travel expenses account and maintaining a monthly schedule for the same.

Internal Controls and Policies

    • Ensure compliance with group accounting and financial policy
    • Work with store teams to handle VAT-related compliance all the time in-store

LPO Creation

    • Create LPOs for Regional Service Office departments as & when required, circulation of ZOPO – Open LPO listing on monthly basis to RSO department heads, follow up on invoice submissions, perform Invoice verification & forward the documents to APSSC for payment process.

Handling of Clearing Accounts

    • Work on clearing accounts – Cash, Credit Card, Forex & Other clearing accounts on a monthly basis

ICM

    • Generating Intercompany reports on a regular basis, follow up pending invoices & accepting ICMs
    • Coordinating with Retail Finance on the pending ICMs

Customer Service

  • Ensure that the finance department delivers timely and qualitative information to all departments on all aspects of the business
  • Coordinate with vendors on submission of proper invoices towards the VAT recoveries

How to Apply

tarek.metwally@alfuttaim.com 

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

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