Al Futtaim Jobs - Branch Accountant | AF Automotive - Automall | Sharjah (Sharjah, AE)

Job Requisition ID: 72481 

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.

Branch Accountant | AF Automotive -  Automall | Sharjah

 

About the Job:

We currently looking for an experienced Branch Accountant to join our team in Dubai.  Reporting to the Finance Controller, you will ensure that all the Retail / Trade clients are promptly and accurately invoiced and Revenue collections are banked on a daily basis. Branch accountant ensures that the purchase Cash Floats / petty cash floats are managed accurately along with complete documentation. You will ensure complete adherence to DOA & policies while accounting for cash transactions, liaising with AFSS/APSSC for claims reimbursements, accounting etc., and should have good understanding of tax rules.

 

Specifically, your key responsibilities are as follows:

• Handle Customer payments (Cash/Cheque/Credit card Payments with utmost accuracy
• Ensure daily collections are banked on time
• Coordinate with AFSS / APSSC for timely bank reconciliation
• Take prompt action on bounced cheques and unauthorized credit cards
• Coordinate with Buyers in managing Cash / Cheque / mortgage settlements of used vehicle buying along with related documentation
• Liaise with Branch Manager, Payable accountant, APSSC, AFSS while accounting, claim reimbursement process and respond to queries on a timely basis
• Review, reconcile and report purchase floats on regular intervals &/or as & when required by the finance team
• Ensure Tax compliance
• Handle petty Cash spend and claim process accurately in line with policies and procedures
• Adherence to DOA while seeking approvals of various types of petty cash spend
• Maintain all relevant documents for review purposes      
• Prepare KPI reports for business on a weekly basis
• Handle Audit Queries
• Prepare Daily/weekly reports on Petty cash / Purchase Cash floats & escalate any related deviations (documentation, process etc.,) to finance controller for appropriate actions
• Preparation of AR Report on a weekly basis for all the branches and forward to Business/Branch managers for feedback on the collection status and send to AFF for feed back from panel banks and report back to AFSS and Branches for taking action on timely collection of overdue deals.

 

About You:

The ideal candidate will possess the following qualifications, knowledge and experience:

 

Minimum Qualifications and Knowledge: Internationally recognized Accountancy Qualification – Qualified or Studying

 

Minimum Experience: 5 years Financial Accounting experience in the auto sector

 

Job-Specific Skills: Excellent communication skills, planning and organisation. Strong analytical skills, strong commercial acumen and problem solving skills.

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