Al Futtaim Jobs - Account Executive | ACE Hardware | Dubai (Sharjah, AE)

Job Requisition ID: 50886 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

 

ROLE PURPOSE:

The Account Executive ICM is responsible for working closely with the accounting team to provide support to finance manager in managing ICM clearance & reconciliations, AR clearing, petty cash and cash clearing activities and controlling.

 

KEY ROLE SPECIFIC ACCOUNTABILITIES: Specify the output required from the role. It is recommended to identify not more than 6-8 key tasks and their performance indicators. NB – Focus on outcomes not tasks.

 

Description of the Tasks:

Intercompany Management

 

• ICM accounting and acceptance of IC charges
• Monthly IC ageing report and action plan
• Co-ordination with retail finance for ICM
• Intra company ICM clearance
• Reconciliation of Intercompany and Intra company vendors/customers

 

Other Task

• REFX accounting and reconciliation for all countries
• Prepayment Schedule of Rent
• Schedule of Deposit and tracking
• Support rent payment schedule
• Government Payments (Electricity and Telecom) – all locations
• Petty cash and repair payments to stores
• Monthly BPC upload for all countries
• Weekly inventory report to Head office
• Support P&C for physical verification of assets
• Co-ordinate with Region Admin and Treasury for new store opening

 

MIS and Reporting

• Monthly IC AP ageing and reconciliation
• Monthly IC AR ageing and reconciliation
• Daily DSR report and sales & margin recon (BI vs SAP)
• Monthly Sales reporting to Landlord
• AUP audit
• DSR upload to EIT
• Cash Clearing
• Damage reporting and reason code investigation

Internal Controls and Policies

• Working with compliance team to ensure implementation of finance related SOPs
• Work with Rebex and APSSC team to action on vendor query
• Co-ordinate with buying team to control vendor issues

Support Control manager in managing IC transactions (payable and receivable) within

• group with monthly balance confirmations
• Make sure rebate module is 100% complied and auditable

Audits and SOP’s

• Coordinating all Al Futtaim group Internal Audit
• Coordinating external audits for the brand
• Co-ordinate with Rebex and external audit to get Revenue audit done on timely manner

Customer Service

• Ensure that the finance department delivers timely and qualitative information to all departments on all aspects of the business
• Coordinate with Retail SSF teams on vendors queries and payment issues

 

PERSON SPECIFIC:

Education:

Degree in Business Administration/ Accounting/ Finance (or any other related fields)

Minimum Experience and Knowledge: 

Minimum 3 years of experience working as Accounts Executives/Accounts Assistant in any reputable organization. Experience of retail accounting is an advantage.

Job-Specific/Technical Skills required to complete the tasks:

Working knowledge of excel and MS office packages, knowledge of accounting software package preferably ERP such as SAP. Knowledge of BPC is an advantage.

 

 

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.

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