Al-Futtaim Hiring for Accountant – TrBOT at Dubai Full Time

Job Summary

We are currently seeking an experienced finance professional to join our Finance Shared Service Center in the capacity of Accountant – TrBOT

As a member of the Bank reconciliations team you will be supporting the Divisional Finance Controlling teams and the Business Units in ensuring timely reconciliation of the Group’s bank accounts and reporting in relation thereto and also supporting the business units in enhancing customer experience by timely performing the activity of credit confirmations.

What you will do

Receipt of Bank statements and Balance validation

• Ensure all the Bank statements are received in SAP after due follow-up with the banks as required
• In case of delays in receipt of bank statements or where automated receipt of bank statements is not enabled, manually download the statements from online banking platforms.
• In case of Bank statements downloaded manually, ensure that the closing balance of the previous day matches with the opening balance of the current day

Reconciliation of bank accounts

• Run the scheduler to automatically clear open line items where matching references exist.
• Perform manual matching of open line items wherever possible after ensuring adequate matching criteria exist and due confirmations are obtained

Reporting of open line items

• Ensuring that all the open line items at the end of the day are reported to relevant internal stakeholders- Business Finance, Divisional Financial Controlling, FSSC-O2C, FSSC- I2P, Global Treasury Centre etc. for timely investigation and resolution.
• Ensuring that any open items that needs investigated at the banks’ end are reported to the banks for investigation and resolution
• Ensuring that any instances of cheque dishonors and amounts debited by bank but not accounted by us are promptly bought to the notice of businesses/other concerned stakeholders

Credit confirmations

• Ensuring that all queries from business teams in relation to deposit of cash or cheques by customers are reviewed and responded after referring to the online banking reports so that timely delivery of goods/services by business teams is ensured

Accounting and Audit

• Ensuring all bank charges are accounted in consultation with Treasury and FSSC-I2P.
• Supporting internal and external audit processes in relation to bank reconciliations

Required skills to be successful

• Analytical skills
• Process oriented
• Good communication skills
• Exposure to ERP (Preferably SAP)

What equips you for the role

• Professional accounting qualification
• A bachelor’s  degree in commerce/financial management/ accountancy
• Minimum 3 years of experience within the bank reconciliations function of a medium to large organization or banks