Requirements
The ideal candidate will have a Bachelor's degree in finance or accounting, or a professional accounting qualification like CPA or ACCA. A minimum of 2-3 years of relevant experience in a large organization is required, along with strong analytical skills, process orientation, and proficiency in ERP systems, preferably SAP. Excellent planning, prioritization, communication, and presentation skills are also essential.
Description
Job description / Role
Job Type
Full Time
Job Location
UAE
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Accounting & Audit
Company Industry
Retail
About the company
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 Accountant R2R is a crucial part of the Al Futtaim Group FSS, responsible for ensuring accurate and timely book closing, balance sheet substantiation, and management reporting for automotive business units. The role entails streamlining record to report processes, conducting thorough trial balance reviews, and providing support for both local and overseas financial processes. Success in this role ensures compliance with group finance policies, supports business decisions through quality financial reporting, and facilitates smooth external audits.
What you will do
Monitor and control the monthly closing of books with AFSS teams to ensure recognition of robust financials within group timelines.
Work for continuous improvement in monthly closing activities to ensure quality financials for business units.
Carry out detailed review of key automotive accounts in the trial balance and ensure substantiation of balances.
Support a robust R2R process through standardizing the accounting process, regular key account reconciliations, improved fixed asset management, and enhanced month-end process and reporting.
Prepare and submit accurate, timely monthly management reports as per agreed templates with comments for review with the Finance Manager or AGM Finance.
Provide support for overseas entities by reviewing current processes and sharing best practices to improve standards.
Coordinate external audits of the automotive entity by providing relevant explanations and schedules to auditors, ensuring timely and accurate completion.
Support the preparation of standalone financial statements for automotive entities in accordance with governance from Group Finance or Divisional Controlling.
Required skills to be successful
Proficiency in financial software and ERP systems, particularly SAP.
Strong analytical and problem-solving skills to ensure financial accuracy and compliance.
Excellent communication skills, both verbal and written, for effective collaboration with finance teams and external auditors.
Ability to manage and prioritize tasks effectively, with a focus on continuous improvement and efficiency.
What qualifies you for the role
Bachelor's degree in finance or accounting or professional accounting qualification, such as CPA or ACCA.
At least 2 to 3 years of relevant experience within a large organization.
Strong analytical skills, process-oriented, with proficiency in ERP systems, preferably SAP and SAP BW/BPC.
Ability to plan, prioritize tasks, and work effectively in a team with excellent communication and presentation skills.
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.
About the Company
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.
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