• Al Futtaim UAE Careers | Accountant - Cash Control (Treasury) | Al-Futtaim Automotive

    Al Futtaim UAE Careers | Accountant - Cash Control (Treasury) | Al-Futtaim Automotive

    Location: Dubai - United Arab Emirates

    Job Description

    To provide the necessary information and apply the required day-to-day accounting controls to ensure proper monitoring of Sales Collection Control account and the General Ledger for all recovery account. Provide meaningful analysis and data that would trigger appropriate action. Communicate with various employees /Branch Manager/ third-parties to ensure that all issues related to sale control and the Recovery General Ledger are resolved in a timely and proactive manner. Implementation of business process and testing of system development and integration.

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Cash Controls

    • Review of daily collection and deposit of cash and cheques by branches and scrutinise GL control accounts for exceptions.

    • Sales Accounting and control

    • Ensure through Test Checks and Branch Visits

    • All documentation is complete as per company procedures for all Finance / Cash / Credit / Inter and Intra company deals.

    • VCC and Sales letters released / issued as per company procedure.

    • Validation of Sales document pack /LPO and credit approval or clear funds/ registration copy and authorise final release of the vehicle for customer delivery.

    • Refunds are processed within the sub-delegated authority /documentation and facilitate refund process with AFSS for beyond authority levels.

    • Review and recommend actions to reduce cancellations and rebilling.

    • Co-ordinate with Division and IT to ensure all promotional schemes are timely defined in system to report correct costs and accurate information on the documents to customers.

    • Check and validate all agreed check list before confirming passport release of branch staff as applicable.

    • Maturing and clearing of PDC.

    • Processing of monthly rebates to customer.

    • Checking of vendor payment before releasing payment.

    • Providing support in yearly stock audit and yearly closing of books.

    • MIS

    • To review and propose changes / improvements to the monthly branch composites and MIS based on evolving Dealer requirements.

    • Recovery GL account reconciliation / Sales Document control

    • Reconciling of recovery GL Accounts, preparing ‘action-triggering’ schedules and taking timely action to resolve any issues.

    • Monthly reviews of Sales document/Credit card transaction and preparation of reports that would enable analysis of the accounts and procedure.

    • Providing analysis and reports related to ‘recovery account’ income.

    • Internal Branch Visit - Audit review and recommendations

    • Ensure implement ion of Internal audit recommendations and ensure best practices rolled out to all the locations / Showrooms.

    • Policy and Procedures and System support

    • Continuous review of existing policy and procedures and recommend improvements to strengthen internal control.

    • Ongoing Review of system process and ensure its applicability to business requirements in co-ordination with Automotive business operations.

    • Training

    • Ensure ongoing training of Cashiers / Branch Accountants / Branch Accounts Managers on all issues related to Sales Accounting and related controls.

    • Devise and implement a training program for training of new joiners (Cashiers / Branch Accountants/ BAMs.)

    Job Requirements

    • A degree in Accounting.

    • Excellent written and verbal communication and interpersonal skills.

    • Ability to communicate and interact well.

    • Minimum Experience: 3 years similar experience, with a good knowledge of ERP systems.

    • Job-Specific Skills: Good accounting knowledge, Analytical, process oriented, well organised, with excellent communication skills, a team player.

    • Should possess a good knowledge of excel and have prior experience in working with large databases.

    Job Details

    Company/Organization: Al Futtaim

    Employment Type: Full-time Job

    Job Location: Dubai, United Arab Emirates

    Application Deadline: N/A