Job Description
Job description / Role
Company overview
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 Arab 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 worlds 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.
Overview of the role
The accounts executive plays a vital role in the finance department by supporting the accounting team to ensure smooth business operations. Responsible for monitoring and maintaining accurate accounting figures and financial reports, the role demands vigilant scrutiny of the general ledger and the management of accounts payable. The accounts executive also ensures adherence to internal controls and financial policies, collaborates with various teams and external vendors, and supports compliance efforts particularly in tax-related accounting. Success in this role is measured by the precision in financial data management and timely delivery of reports, contributing to the overall financial health and transparency of the company.
What you will do
- Monitor and maintain the general ledger (G/L) and sub ledger to ensure accurate financial reporting.
- Prepare and scrutinize G/L schedules for review by the line manager.
- Reconcile various GL accounts and prepare action-triggering schedules for monthly reporting.
- Generate detailed MIS reports for departmental review, ensuring compliance with group accounting policies.
- Handle petty cash for the regional service office (RSO), ensuring accurate reconciliation and compliance with company procedures.
- Coordinate with the shared service AP team to reconcile inventory and accounts payable control GL accounts.
- Analyze travel expenses and maintain monthly schedules.
- Ensure compliance with internal controls and company financial policies.
- Create and circulate local purchase orders (LPOs) for department heads and manage invoice verification.
- Work on clearing accounts including cash, credit card, forex, and others on a monthly basis.
- Generate inter-company reports, follow up on pending invoices, and coordinate with retail finance on ICMs.
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- Provide timely and accurate finance-related information to all departments, serving as an information hub.
- Coordinate with vendors for proper invoice submission to recover VAT.
Required skills to be successful
- Proficiency in managing general ledger and accounts reconciliation.
- Strong report generation and MIS capabilities.
- Ability to ensure compliance with accounting policies and internal controls.
- Excellent collaboration skills with vendors and internal teams.
What qualifies you for the role
- Bachelors degree in finance.
- Minimum of 3 years of experience as an accounts executive or accounts assistant.
- Experience in tax accounting is advantageous.
- Proficient in Excel, MS Office, and SAP or similar ERP systems; knowledge of tax filing processes preferred.
Candidate experience
We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.
Before you click “apply”: please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global talent acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our values of respect, integrity, collaboration, and excellence.
As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.
About the Company
Established in the 1930s, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940s and 50s saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.
Skills
AccountingAccountsAccounts PayableAccounts ReconciliationErp SystemsErpGeneral LedgerGlLedgerPetty CashPurchase OrdersAccounts ExecutiveFinanceCashReconciliationAccountantIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Al-Futtaim Group, a diversified conglomerate operating across the Middle East, is renowned for its dynamic involvement in various sectors, including automotive, retail, real estate, and finance. Al-Futtaim Group careers offer a world of opportunities for professionals seeking to develop their skills in an innovative and supportive environment. The Group prides itself on a culture of excellence, integrity, and customer focus, striving to make a positive impact in the communities it serves. Working with Al-Futtaim Group means joining a team dedicated to delivering exceptional service and value, fostering a sense of belonging and growth. The company’s commitment to professional development, sustainability, and innovation offers a unique pathway for individuals aiming to advance their careers while contributing to meaningful projects.
Important dates & deadlines?
Application Deadline
30 Mar 26, 04:11 PM IST
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