Accountant | Retail | IKEA RSO Jebel Ali

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 Arab 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.

By upholding our values of respect, excellence, collaboration, and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role

The Account Executive is responsible for working closely with the accounting team, Stores, SSF, and tax department to provide support in managing business requirements on a daily basis relating to the smooth running of the business.

Ensure that all business information and accounting figures are constantly monitored and accurately maintained to reflect a true and fair view of the company in the Business Financial & Performance Reports.

What you will do

General Ledger (G/L) Scrutiny & Accounts Payable

• Constantly monitor and maintain the book of accounts (G/L, sub ledger) accurately to reflect a true and fair view of the company in the performance reports.
• Scrutinize and prepare G/L schedules for review by the line manager.
• Reconcile various GL accounts and prepare 'action-triggering' schedules.

MIS and Reporting

• Monitor variances versus budgets and provide detailed MIS reports to other departments.
• Ensure compliance with group accounting and financial policy.

Petty Cash Handling

• Ensure that the RSO petty cash is tracked, maintained, and accounted for to always remain balanced.
• Review Store petty cash statements submitted for reimbursement and advise Store cash admin team on necessary changes.

Accounts Payable

• Coordinate, review, and ensure with Shared Service AP team that inventory and AP related control GL accounts are reconciled and necessary actions are taken on a continuous basis.

Travel

• Analyze the travel expenses account and maintain a monthly schedule for the same.

Internal Controls and Policies

• Ensure compliance with group accounting and financial policy.
• Work with store teams to handle VAT related compliance.

LPO Creation

• Create LPOs for Regional Service Office departments as required and circulate ZOPO – Open LPO listing on a monthly basis to RSO department heads.
• Follow up on invoice submissions, perform invoice verification, and forward the documents to APSSC for payment processing.

ICM

• Generate inter-company reports on a regular basis, follow up on pending invoices, and accept ICMs.
• Coordinate with Retail Finance on the pending ICMs.

Customer Service

• Ensure that the finance department delivers timely and qualitative information to all departments on all aspects of the business.
• Coordinate with vendors on the submission of proper invoices towards VAT recoveries.

Required skills to be successful

• Business Acumen and Interest.
• Organisational skills and ability to manage deadlines.
• Analytical ability.

What equips you for the role

• Experience working as Accounts Executives/Accounts Assistant in any reputable organization.
• Experience in tax accounting is an advantage.
• Working knowledge of Excel and MS Office packages.
• Knowledge of accounting software packages, preferably ERP such as SAP.

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 personalized CV to further boost your visibility.

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.

For further information, and to apply, please visit our website via the “Apply” button below.