Job Overview
Job Title: Financial Support Specialist
Company: Al-Futtaim Automotive
Department: Finance – TY & LX Aftersales
Job Location: Dubai, United Arab Emirates
Job Category: Accounting / Finance / Accounts Receivable
Employment Type: Part-Time
Working Hours: 4:00 PM to 8:00 PM
Nationality: UAE Nationals Only
Experience Required: 3–5 Years
Education: Bachelor’s Degree in Finance, Accounting, or a Related Field
Technical Skills: SAP, Microsoft Office, Financial Reporting
Key Responsibilities
1. Revenue Collection and Payment Management
Manage customer payments through different payment methods and ensure timely processing of collections.
Coordinate with collection agents to ensure current-dated cheques are handed over on the same day.
Monitor post-dated cheques (PDCs) and ensure daily deposits through Cash Deposit Machines (CDM).
Reconcile cheque deposits against SAP financial reports.
Manage cheque clearances, bounced cheques, customer refunds, and financial document archiving.
Conduct surprise cash counts at different business locations.
Monitor daily collection activities and ensure all collected revenue is deposited and reported on time.
2. Accounts Receivable and Credit Control
Monitor accounts receivable (AR) reports and follow up on overdue customer invoices.
Maintain accurate customer credit records, including credit limits, payment terms, and supporting documentation.
Reconcile customer accounts and investigate outstanding balances.
Review and validate requests for customer credit limit increases.
Coordinate with Location Managers to resolve accounts receivable issues.
Escalate overdue payments and unresolved credit-related matters to the appropriate management teams.
3. Invoicing and Vehicle Delivery Management
Prepare, verify, process, and post customer invoices accurately.
Manage internal and external sales invoicing requirements.
Ensure all required financial documentation is completed before vehicle or product deliveries.
Monitor invoice summaries and maintain accurate financial transaction records.
Process sales returns and ensure appropriate revenue and provision entries.
Support operational teams with financial compliance requirements.
Verify assignee clauses and ensure documentation meets company procedures.
4. Financial Reporting and Cost Control
Ensure compliance with Al-Futtaim Management (AFM) Standard Operating Procedures (SOPs).
Support operating expenditure (Opex) and capital expenditure (Capex) reporting.
Review and clear outstanding purchase orders (POs) on a monthly basis.
Prepare ARIBA expenditure reports and monitor business spending.
Identify opportunities for cost optimization and recommend cost-saving initiatives.
Assist with financial forecasting using available planning tools.
Monitor insurance-eligible expenses and coordinate nationwide revenue reconciliation activities.
5. Financial Compliance and Risk Management
Ensure all financial transactions comply with company policies, approval procedures, and authorized financial limits.
Verify payer information and confirm the legitimacy of customer payments.
Monitor workshop processes, financial claims, and related transactions.
Maintain financial documentation and records for internal and external audits.
Support insurance renewal processes and ensure relevant documentation is available.
Maintain and update the Fixed Asset Register.
Monitor unauthorized jobs and identify potential financial risks.
Strengthen internal controls and support effective financial risk management.
6. Supervision and Internal Coordination
Supervise cash and cheque transactions recorded in SAP.
Guide operational teams on financial procedures and collection requirements.
Coordinate with the Management Information Systems (MIS) team for financial reports and business analysis.
Conduct financial document audits and verify transaction accuracy.
Work closely with Finance, Aftersales, Workshop, and Location Management teams.
Complete additional financial and administrative responsibilities as assigned by management.
Required Skills and Competencies
Candidates applying for Financial Support Specialist jobs in Dubai should possess the following skills:
Strong knowledge of accounting and financial management principles.
Experience in accounts receivable and credit control operations.
Good understanding of revenue collection and payment processing.
Practical knowledge of invoicing, cheque management, and bank reconciliation.
Proficiency in SAP and financial reporting systems.
Strong analytical and problem-solving abilities.
Excellent attention to detail and accuracy in financial transactions.
Good knowledge of Microsoft Office applications.
Ability to prepare financial reports and reconcile customer accounts.
Strong communication and coordination skills.
Ability to work independently and manage multiple financial responsibilities.
Understanding of financial compliance, internal controls, and risk management.
Eligibility Criteria and Qualifications
To qualify for the Financial Support Specialist position at Al-Futtaim Automotive, candidates should meet the following requirements: