Branch Accountant

Al Futtaim Private Company (LLC); Dubai; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Branch Accountant to support key financial operations. In this pivotal role, you will assist in invoicing, VAT management, and compliance with financial policies. Your expertise in accounting and finance will be crucial in ensuring the financial health of the organization. Collaborating with various departments, you will help manage accounts receivable and contribute to financial reporting. If you are passionate about finance and looking to make a significant impact in a dynamic environment, this opportunity is for you.

Qualifications

• 3 to 5 years of experience in Finance & Accounting.
• Strong core finance technical skills and proficiency in MS Office.

Responsibilities

• Assist Accounts Manager with day-to-day accounting decisions.
• Manage VAT refunds and ensure compliance with policies.
• Liaise with various departments for financial operations.

Skills

Accounting professional qualification

Proficiency in MS Office

Core finance technical skills

Experience in Finance & Accounting

Education

Bachelors in Accounting and Finance

MBA in Finance

Tools

SAP

BPC

Job description

As a Branch Accountant, you will be assisting the Accounts Manager in making key day-to-day accounting decisions. This role is crucial for ensuring the financial health and compliance of our operations.

What you will do

• Invoicing for Units of Commercial Vehicles (CV) and rental invoicing for Commercial Vehicles – Hino and Toyota Motors Handling Equipment (TMHE)
• Validating Sales Order Conditions and recovery account balance before invoicing
• Issuing gate passes for invoiced units
• Liaising with Central Finance on DP allocation, returns, and rebilling
• Managing VAT refunds for export billing
• Submitting export BOE in SAP
• Ensuring compliance with defined policies and SOPs, and highlighting any discrepancies to managers in a timely manner
• Following up on accounts receivable with the business
• Liaising with Business Managers on overdue accounts
• Calculating expected collections and provision releases
• Conducting monthly stock reconciliation and IND verification
• Handling Capex requests for all divisions of Hino and Toyota Motors Handling Equipment (TMHE)
• Ensuring compliance with procurement SOPs on quotes, vendor selection, etc
• Reviewing and analyzing recovery and upselling accounts
• Reviewing AFSS reports and submitting clearing transactions to AFSS
• Uploading budgets in SAP/IFRP and generating upload files for IFRP (Flat file)
• Creating upload tables for SAP
• Liaising with various Al Futtaim Group departments like Central Finance, Group Legal, EIT, Group Admin, Group HR
• Monitoring and managing general ledgers and assisting in balance sheet substantiation
• Establishing key financial performance Key Performance Indicators (KPIs) and creating measurement and governance dashboards based on these Key Performance Indicators (KPIs)
• Preparing dashboards for monthly presentations
• Evaluating business decisions and reviewing financial impacts

Desired Candidate Profile

Required skills to be successful

• Accounting professional qualification (Bachelors in Accounting and Finance, MBA-Finance)
• Proficiency in MS Office (Word, Excel, PowerPoint, MS Projects)
• 3 to 5 years of well-rounded experience in the field of Finance & Accounting
• Strong core finance technical skills, processes, infrastructure, and systems

About the team
As a Branch Accountant, you will be reporting to the Branch Account Manager.

What equips you for the role

• Experience with ERP (preferably SAP, BPC)
• Proven expertise in financial and management accounting