Accountant MIS

Posted : 7 months ago

Job Description

UAE National_ Accountant MIS | Al Futtaim Automotive | Financial Service

Overview of the role:

As a member of Automotive Divisional Controlling – to support the AM / FM on delivering

  • Support on Review of existing account policies and creation / drafting of new accounting policies.
  • Provide inputs on new / revision of existing Account Policies
  • Liaise, coordinate and support BU Finance in implementation of new accounting policy requirements
  • Provide Policy guidance to BU Team through Divisional Accounting Policy Committee and BU specific training / briefing sessions.
  • Regular Trial Balance review and Balance Sheet substantiation.
  • Robust, timely and accurate Financial Reporting
  • Support on the overall implementation and compliance of Internal Controls Framework
  • Assess risks, insurance requirements, engage with insurance partners for insurance coverage for the Division.

What you will do:

Financial Statements & Accounting / Reporting Standards / Group Policies:

Assists the Accounts Manager in review of the existing accounting policies and help in drafting / amending them and creating accounting policies for automotive specific areas.

Assisting with the implementation of new accounting policy requirements through producing detailed technical analysis in this area and contributing to Group discussions as subject matter expert.

Monthly Closing and GL Reviews:

To monitor closing of books on a monthly basis with other SSF teams and ensure recognition of robust financials within the group timelines.

Drive continuous improvement in monthly closing activities to ensure quality financials for business units.

Balance Sheet substantiation / Trial Balance Reviews:

Support Accounts Manager to carry out detailed review of key automotive accounts in Trial Balance and ensure substantiation of balances appearing against it.

  • Control framework and standards (substantiation)
  • Divisional Financial close (Attestation)
  • Entity performance Scorecards
  • Issue log / resolution plan & progress report
  • SSF KPI / SLA Governance
  • Collection Infrastructure
  • Insurance requirements
  • Master Data Liaison
  • Tax Support
  • Treasury Support
  • Credit Support
  • Leasing Support

Robust SSF towers processes:

Ensure robust SSF process tower processes through

  • Standardizing the accounting process,
  • Regular key account reconciliations,
  • Improved Fixed Asset management,
  • Improve month-end process & related reporting.

External Audit:

To coordinate external Audit of the automotive entity by providing relevant explanations and schedules to Auditors and ensure smooth completion.

Coordinate with other teams in SSF and ensure that auditor’s requirements are being provided in a timely and accurate manner.

Finance Function / Overseas support:

Provide support for overseas entities by reviewing the current processes and sharing best practices and processes in improving the standards.

Skills

Required Skills to be successful:

  • Bachelor (Major in Accounting & finance) or CA,CPA,ACCA
  • (2) Years experience
  • Used MS Office tools, and ERP (SAP, Oracle etc.)
  • Basic knowledge of IFRS and accounting processes

About the Team:

In this role you will be working in a diverse and fast paced environment and reporting directly to the Sr. Finanical Controller

What equips you for the role:

  • Graduate in Commerce / equivalent qualification
  • At least 2 years relevant experience

Job Details

Job Location

Dubai, United Arab Emirates

Company Industry

Accounting

Company Type

Employer (Private Sector)

Job Role

Accounting and Auditing

Employment Type

Full Time Employee

Monthly Salary Range

Unspecified

Number of Vacancies

1

Contractor Overview

The Al-Futtaim Group, founded over 70 years ago, has long established itself as one of the leading business groups in the region. The early days saw the Group operating essentially as a trading enterprise, pearls, textiles, foodstuffs and timber forming the foundation of Al-Futtaim's initial business. The 1940s and 50s saw the company extend its capacity and scope of operations, the most obvious example of which was the introduction of Japanese automobiles into the United Arab Emirates in 1955. Today, a work-force numbering upwards of 10,000, forever on the increase, is drawn from over forty nations and engages in a myriad of activities which include Automotive, Electronics, Retail, Insurance, Civil Engineering, Computing, Furnishings, Hardware, Advertising, Construction, Light and Heavy Engineering, Ship Repair, Steel Fabrication, Real Estate and Property Development. The Al-Futtaim Group subscribes to the doctrine of decentralisation and delegation in the organisation of its corporate structure, a policy which is exemplified by the structure of five core divisions: Automotive, Electronics, Retail, Finance & Services, Real Estate These divisions collectively operate over forty companies bearing the Al-Futtaim banner. The latest development by Al-Futtaim is Dubai Festival City, "a city within a city" being developed on a 1,200-acre site which stretches along 4km of Dubai Creek from the base of the Al Garhoud Bridge. This waterfront development promises a unique destination for Dubai and the region with its eclectic, world-class mix of entertainment, dining, shopping to be completed by 2006.

Location : ,
Phone :
Email : admin@alfuttaim.com
URL :
No of Workers/Subcontractors :
Industry :
Founded In :