Accountant- Accounts Payable I Finance I Arabian Centre I UAE National

Robinson & Co (Singapore) Pte Ltd; Dubai Emirate; Remote; AED 90,000 - 130,000; Full time

Job summary

Al-Futtaim Real Estate in Dubai seeks an Accountant- Accounts Payable I to ensure accuracy and integrity of financial records. The role covers a wide range of payable functions, including reporting, reconciliations, journal entries and trend analysis.

You will collaborate with the finance team and other departments to support smooth operations. The ideal candidate has a finance/accounting degree, strong ERP/SAP knowledge, and 1–5 years of relevant experience, preferably in real estate.

Qualifications

• Bachelor’s degree in finance, accounting or a related field.
• Advanced knowledge of ERP Financial Software is necessary; SAP expertise will be preferred.
• 1-5 years of relevant experience working in business finance; real estate experience preferred.

Responsibilities

• Manage the full accounts payable cycle for malls, including expense posting, accruals and reporting.
• Apply VAT codes and verify all mall expenses per FTA guidelines.
• Prepare expenses schedules for Corporate Tax and coordinate with FP&A.
• Ensure PO processing monthly in system per DOA, with monthly provision reviews.
• Code and post approved expenses to the correct GL accounts and cost centers.
• Ensure timely payments and proper supporting documentation per company policies.
• Provide schedules and detailed reporting to FP&A for budgeting/forecasting.
• Coordinate with bank for DOA updates and liaison with owners for approvals.

Skills

SAP ERP

MS Office

Vendor communication

Stakeholder mgmt

Data analysis

Accounting standards

Interpersonal skills

Problem solving

Education

Bachelor’s degree in finance or accounting

Tools

SAP

Other ERP

Job description

Accountant- Accounts Payable I Finance I Arabian Centre I UAE National

About Al-Futtaim
Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world's most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.

Overview of the role:

To ensure accuracy and integrity of the company's financial records. Responsible for a wide range of accounting - payable functions, including reporting, account reconciliations, journal entries, and trend analysis. To work closely with the finance team and across departments to provide support and ensure the smooth and efficient operation.

What you will do:

Responsible for:

• Responsible for complete accounting cycle for Malls. (Expense, Monthly Closing Accruals & Reporting).
• Apply the correct VAT codes and verify all Mall expenses in line with FTA guidelines.
• Prepare expenses schedule for Corporate Tax and highlight to FP&A team.
• Ensure PO's are addressed in system on a monthly basis against completed works & services. Cumulative monthly provision to be reviewed and calculated on monthly basis.
• Evaluation of various expense requests in terms of justification for the expenses, budget availability etc., verification of LPO’s, coding and posting of approved expenses as per budget in respective GL Accounts, cost centres and ensure approval as per DOA for Opex & Capex
• Ensure approved payments are released as per agreed payment terms and all supporting documents are in compliance with company's Policies & Procedures and approved as per DOA, including timely settlement for Intercompany payments.
• Ensure timely and accurate accounting for all operating expenses (Opex) and capital expenditures (Capex) and provide detailed schedules to the Financial Planning & Analysis (FP&A) team to aid in budgeting and forecasting.
• Prepare expense trackers and reports at the end of each month for submission to the FP&A team for review and dashboard reporting preparation.
• Ensure Balance sheet reconciliation is conducted on a quarterly basis with detailed schedule for all expense related items for Finance Manager’s review.
• Ensure that all recoverable expenses are accurately and promptly recorded in coordination with both the Accounts Receivable team and the business team.
• Ensuring all payments are reviewed before getting released and providing confirmation to signatories and reviewing cashflow impact.
• Providing support to FP&A for preparing schedules (Utilities, Capex, Expenses etc.) and co-ordinating with external auditor.
• Coordinating with Bank for necessary DOA updates like signatories, access, preparing Memos and liaise with Owner for necessary approvals.

Required skills to be successful-

Job-Specific Skills:

• Proficiency in MS Office (Word/ Excel/ PowerPoint);
• Extensive knowledge of Financial package SAP (preferred) and/or other ERP
• Ability to communicate firmly and clearly with Vendors
• Ability to develop strong relationships
• Must be assertive; able to deal with stakeholders at all levels
• Ability to accurately book financial data and identify trends
• Ability to interpret and apply accounting standards
• Ability to identify and resolve accounting discrepancies
• Good interpersonal skills, adaptive, self-motivated, organisational skills, ability to manage stress.
• Excellent communication and interpersonal skills are essential
• Ability to drive continuous improvement adopting best practice
• Strong analytical and problem-solving skills

What equips you for the role-

Minimum Qualifications and Knowledge:

• Bachelor’s degree in finance, accounting or a related field
• Advanced knowledge of ERP Financial Software is necessary; SAP expertise will be preferred.
• 1-5years of relevant experience working in Business finance; Real estate experience will be preferred.

With a legacy of more than six decades in real estate and asset management, Al-Futtaim Real Estate - part of Al-Futtaim - creates real impact on the communities it serves through long-term investment and growth. As one of the region’s leading private developers, the company plans, creates and manages developments across the MENA region.

Al-Futtaim Real Estate has a diversified, multi-billion-dollar portfolio across the real estate value chain and asset types such as residential, commercial, malls and industries including hospitality, healthcare, infrastructure and education. Flagship mixed-use urban communities include Dubai Festival City and Cairo Festival City.

Al-Futtaim Real Estate is also responsible for Al-Futtaim Contracting, a fully integrated, end-to-end specialist division operating across the UAE, Saudi Arabia, Qatar and Egypt. The business has delivered industry-leading construction, engineering, technology and FM solutions for more than 50 years.