Senior Accountant - O2C - UAE National

Al-Futtaim; Dubai; On-site; AED 120,000 - 150,000; Full time

Job summary

A finance services company in Dubai is seeking an experienced Senior Accountant in O2C to manage daily operations and ensure compliance with policies. The ideal candidate will have a finance degree and 0-3 years of relevant experience, demonstrating strong accounting knowledge and skills in ERP systems like SAP. Responsibilities include monitoring accounts, supporting business operations, and enforcing risk management protocols. This position offers an opportunity to improve efficiency and participate in various financial initiatives.

Qualifications

• 0-3 years of similar experience with good knowledge of ERP systems.
• Detail-oriented and well-organized with excellent communication skills.

Responsibilities

• Daily collection control account monitoring and exception management.
• Perform monthly reconciliation and substantiate O2C accounts.
• Provide timely O2C partnering support to business operations.

Skills

Good accounting knowledge (IFRS knowledge preferred)

Analytical as well as process-oriented

Excellent communication skills

Prior working knowledge in ERP systems (ex: SAP)

Knowledge of Excel and Microsoft Office tools

Detail-oriented and organized

Education

Finance Graduate or Semi-qualified or Qualified or equivalent qualifications

Tools

SAP

Excel

PowerPoint

Job description

Job Summary

We are currently seeking an experienced finance professional to join our Finance Shared Service Center team in the capacity of Senior Accountant - O2C.

Overview of the role

As an (O2C) Accountant in Group Finance Shares Service Centre (FSSC), he/she will focus on supporting the day to day activities of the O2C function whilst complying with organization's policies and procedures and ensuring necessary checks and balances to mitigate risks:

• Identify, highlight and expedite timely action to resolve exceptions / interface fall-outs by performing review, reconciliation and substantiation of O2C accounts and reports.
• Highlight receivables and overdues position to business to facilitate their follow-up and collection activities.
• Provide daily partnering support to business operations by assisting in O2C activities.
• PDC Management, which includes PDC collection, Warehousing, Banking, Maturing, Hold / Postponement etc.
• Ensure adequate provision is created for doubtful debts as per Policy.
• Highlight risks and exceptions based on daily review of Collection control accounts and ensure resolution of exceptions within SLA by escalating in a timely manner.
• Create and maintain various master record for the O2C activities.
• Perform assigned month end book closing tasks within O2C.
• Monitor the ongoing automated activities and ensure continuity of daily tasks.
• Support with resolution of audit requests within the submission timelines.
• Identify and support on standardization and improvement initiatives within the O2C function.

What you will do

• Daily collection control account monitoring and exception management.
• Perform monthly / periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the Business.
• Timely O2C partnering support to Business in day to day operations.
• PDC Management, which includes PDC collection, Warehousing, Banking, Maturing, Hold / Postponement etc.
• Preparation and circulation of periodic O2C exception reports & dashboards to stakeholders.
• Perform assigned month end book closing tasks within O2C.
• Computation of Provision for doubtful debts in accordance with Policy.
• Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processes.
• Any other O2C activities assigned from time to time.

Required skills to be successful

• Good accounting knowledge (IFRS knowledge is preferred).
• Analytical as well as Process oriented.
• Excellent communication skills.
• Prior working knowledge in ERP systems (ex: SAP).
• Knowledge of Excel, Power Point and other Microsoft office tools.
• Detail-oriented and organized.

What equips you for the role

• Finance Graduate or Semi-qualified or Qualified or equivalent qualifications.
• 0-3 year's similar experience, with a good knowledge of ERP systems.