Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.
Description
The Account Executive is responsible for working closely with the accounting team, Stores, SSF and tax department to provide support in managing business requirement on daily basis relating to smooth running of the business
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
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Positions:
- Accountant
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As a successful candidate for the Latest Jobs in Dubai, your responsibilities may include:
General Ledger (G/L) Scrutiny & Accounts Payable
- Constantly monitor and maintain the book of accounts (G/L, sub ledger) accurately so as to reflect true and fair view of the company in the performance reports
- G/L schedules - scrutinize and prepare G/L schedules for review by 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 monthly basis
ICM
- Generating Inter company reports on 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
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Requirements
To qualify for the Latest Jobs in Dubai, applicants should meet the following requirements:
- Business Acumen and Interest
- Organisational skills and ability to manage deadlines
- Analytical ability
What equips you for the role
- Experience working as Accounts Executives/Accounts Assistant in any reputable organization.
- Experience of Tax accounting is an advantage.
- Working knowledge of excel and MS office packages,
- Knowledge of accounting software package preferably ERP such as SAP.
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About Company:
Founded in the 1930s, Al-Futtaim Group has evolved into a leading conglomerate with a rich history of long-lasting and diverse expertise across automotive, retail, real estate, and finance sectors. As a family-owned business, we take a long-term view in everything we do because we believe that sustainable success requires an unwavering commitment to excellence.
Our dedication to quality and service is why some of the world’s most admired and innovative brands from across the globe trust Al-Futtaim with their reputation and commercial success. We connect consumers in 20+ markets with these brands in contemporary, powerful, and emotional ways, fostering long standing relationships based on loyalty and mutual trust.
Our customer-centric approach and relentless pursuit of perfection allow us to add significant value to our partnerships. With both customers and partners, we ensure that our business practices remain forward-thinking, seamlessly integrating them into our corporate DNA and people-centered approach. Integrity and collaboration are at the heart of everything we do, enabling us to build and maintain trusted partnerships.
At Al-Futtaim Group, our people-first philosophy drives our success. We believe in fostering a collaborative environment where new ideas are embraced, and our team is empowered to deliver exceptional results. Our commitment to integrity and excellence ensures that we provide the best quality and service to all our stakeholders.
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How to Apply?
To be considered for any career position at Al-Futtaim, please apply through the application form or send your updated CV in Word or PDF format to Here
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