Financial Accounting Associate — FMCG/Hypermarket

Majid Al Futtaim; Dubai; On-site; AED 90,000 - 120,000; Full time

Job summary

Majid Al Futtaim is seeking an Associate - Financial Accounting in Dubai to support accounts payable, payroll postings, fixed assets, and general ledger activities within a high-volume retail environment.

The role requires 2–4 years of experience in financial accounting, supplier accounts handling, bank reconciliations, and accurate financial postings. You will collaborate with procurement, payroll, treasury, operations, and finance teams to ensure timely closing and reporting.

Qualifications

• Bachelor's degree in Accounting, Finance, Commerce, or a related discipline.
• 2–4 years of experience in financial accounting, accounts payable, general ledger, or a similar finance role.
• Experience in FMCG industry and hypermarket operations is required.
• Knowledge of invoice processing, purchase ledgers, supplier accounts, and vendor payments.
• Experience preparing bank reconciliations and investigating unmatched transactions.
• Understanding of general ledger accounting, journal entries, accruals, provisions, and financial closing.

Responsibilities

• Gather, review, and verify financial data before posting transactions into the accounting system.
• Check supporting documents for completeness, accuracy, approval, and compliance with internal procedures.
• Maintain purchase ledgers and ensure supplier-related expenses are recorded under the correct accounts and cost centres.
• Monitor posted expenses against approved budgets and report material variances or unusual transactions.
• Review supplier and contractor invoices to confirm quantities, prices, tax treatment, contractual terms, and supporting documentation.
• Identify duplicate, incomplete, incorrect, or unauthorised invoices and coordinate corrections before payment.
• Process vendor and contractor payments according to approved contracts, payment schedules, and delegated authority.
• Maintain updated supplier account records and resolve outstanding balances, unmatched entries, and payment discrepancies.
• Prepare bank reconciliations for accounts held with different banking institutions.
• Compare ledger entries with bank statements and investigate unmatched, delayed, duplicated, or incorrectly recorded transactions.
• Prepare and post approved correcting and adjusting journal entries.
• Review adjustment entries to confirm proper documentation, account coding, and financial treatment.
• Support payroll-related accounting entries and ensure payroll postings are reflected accurately in the general ledger.
• Maintain fixed asset accounting records, including additions, transfers, disposals, depreciation, and account reconciliation.
• Assist with recurring accruals, provisions, prepayments, and expense allocation entries.
• Complete assigned month-end, quarter-end, and year-end closing activities within established deadlines.
• Confirm that required entries, reconciliations, schedules, and supporting documents are completed before ledger closure.
• Prepare monthly, quarterly, and annual accounting statements accurately and on time.
• Produce financial schedules, ledger analyses, balance confirmations, and managerial reports.
• Support internal and external audit requirements by providing requested documents and explanations.

Skills

Financial accounting

Accounts payable

General ledger

Bank reconciliation

Payroll accounting

Fixed asset accounting

Month-end closing

Year-end closing

Invoice verification

Vendor payments

Education

Bachelor's degree in Accounting, Finance, Commerce, or a related discipline

Tools

Microsoft Excel

ERP systems

Job description

Majid Al Futtaim is seeking an Associate - Financial Accounting in Dubai to support accounts payable, payroll postings, fixed assets, and general ledger activities within a high-volume retail environment.

The role requires 2–4 years of experience in financial accounting, supplier accounts handling, bank reconciliations, and accurate financial postings. You will collaborate with procurement, payroll, treasury, operations, and finance teams to ensure timely closing and reporting.