Senior Accountant – O2C

Full Time

Al Futtaim Private Company LLC

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.

Job Role:
As an (O2C) Senior Accountant in Group Finance Shares Service Centre (FSSC), he/she will focus on supporting the day-to-day activities of the O2C function whilst complying with organization’s policies and procedures and ensuring necessary checks and balances to mitigate risks through his team members:

Job Responsibility:
Review Accounts Receivables and overdue position shared with business to facilitate their follow-up and collection activities.
Review and manage the Accounts Receivable Insurance, Claim Submission, NNP Filing and other related activities.
Ensure strong control and governance to the activities involved in Order to Cash process in compliance with company policies and procedures.
Drive further development and enhancement of the current process
Ensuring daily/weekly/monthly partnering support to business operations are completed by O2C accountants
Ensure risks/exceptions / interface fallouts on a timely manner by performing review, reconciliation, escalations, and substantiation of O2C accounts and reports.
Liaise with IT Team, System, Process & Compliance Team, Divisional Controlling Team, and various Business Units to resolve issues, escalations, projects, and other initiatives
To play an active role in transition and integration
Credit Limit Review of customers.
Monitoring Sales Order release as per approved limits and applicable DOA.
Review and perform customer code creation based on the request received from business.
Review the request to amend the customer master data.
Review and perform customer accounts reconciliation.
Review provision working for various risks including doubtful debts as per Group Policy.
Review customer KYC documents
Review and comply with the department check list for month end and year end book closing.
Identify standardization and automation initiates and drive as a project for cost saving.
Ensure Support with resolution of audit requests (internal and external) within the submission timelines.
Review GL Schedules from the Balance Sheet Substantiation perspective as per the group initiative
Support management with ad-hoc reporting requirements

What you will do:
Perform assigned month end book closing tasks within O2C
Computation of Provision for doubtful debts in accordance with Policy
Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processes
Any other O2C activities assigned from time to time
Actively participate in Transition activities
Timely O2C partnering support to Business in day-to-day operations
Review Credit Limit
Perform monthly / periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the Business
Preparation and circulation of periodic O2C exception reports & dashboards to stakeholders

Required skills:
Prior working knowledge in ERP systems (ex: SAP)
Knowledge of Excel, Power Point and other Microsoft office tools
Detail-oriented and organized
Good accounting knowledge (IFRS knowledge is preferred)
Analytical as well as Process oriented
Excellent communication and presentation skills

What equips you for the role
At least 2 to 5 years relevant experience within a large organization in a supervisory level, with a good knowledge of ERP systems
Finance Graduate or Semi-qualified or Qualified or equivalent qualifications