Senior Accountant - Petty Cash and I2P

AlFuttaim; Dubai; On-site; AED 134,000 - 201,000; Full time

Job summary

Al-Futtaim in Dubai seeks a Senior Accountant - Petty Cash and I2P to manage key petty cash processes, SAP postings, and intercompany transactions while ensuring VAT accuracy and strict control standards across multiple units.

You will drive reconciliations, prepare payment runs, and support process improvements, reporting to the Team Lead and collaborating with finance and business units to maintain audit readiness and robust financial controls.

Qualifications

• Petty cash management knowledge and strong understanding of cash control policies.

Responsibilities

• Verify petty cash claims in accordance with the approved Petty Cash policy.

Skills

Petty cash management

SAP

Intercompany accounting

VAT verification

General ledger reconciliation

Payment processing

Cash journal processing

Financial controls

Tools

SAP

ERP systems

Blueworks

Microsoft Excel

Microsoft PowerPoint

Microsoft Office

ICM

Job description

Senior Accountant - Petty Cash and I2P Job Snapshot Role: Senior Accountant - Petty Cash and I2P Location: Dubai, United Arab Emirates Industry: Accounting Function: Accounting-Finance Experience: 3-5 years Job Type: Full-time

Position Overview Senior Accountant - Petty Cash and I2P in Dubai, United Arab Emirates is an Accounting opportunity for a detail-focused finance professional with experience in petty cash control, SAP processing, reconciliations, payment runs, VAT verification, intercompany accounting, and financial compliance. Al-Futtaim is hiring a Senior Accountant to support the I2P function by ensuring cash transactions are accurately verified, processed, reconciled, and controlled while contributing to stronger reporting, standardized procedures, and efficient finance operations.

Job Details Country: United Arab Emirates City: Dubai Industry: Accounting Function: Accounting-Finance Salary: 12000-18000 Estimated salary range based on similar jobs in the job city; please confirm the final offer with the employer. Gender: Any Candidate Nationality: Any Job Type: Full-time

Role Context The Senior Accountant will manage key petty cash and payment activities within the I2P finance function, ensuring transactions comply with company policy, supporting documents are complete, and financial risks are controlled before payments are processed. The position combines transaction verification, SAP posting, general ledger reconciliation, prepaid card administration, customer refunds, purchase floats, and policy compliance. Accurate processing is important because petty cash and payment activities affect financial controls, cash visibility, audit readiness, and the day-to-day operations of multiple business units. The role will also contribute to process standardization and continuous improvement by identifying gaps, updating procedures, and supporting consistent finance practices across the organization.

Key Responsibilities

• Verify petty cash claims in accordance with the approved Petty Cash policy.
• Check that supporting documents contain original invoices, required approvals, and appropriate paid stamps.
• Match supporting documents against individual claims and identify incomplete or inconsistent submissions.
• Reject petty cash vouchers exceeding AED 5000 in accordance with policy requirements.
• Escalate vouchers older than one month to the Team Lead for review and appropriate action.
• Ensure payroll-related reimbursements are not processed through petty cash.
• Review VAT codes for accuracy before posting transactions.
• Process reimbursement requests using standard cash journal functionality.
• Post petty cash expenses for Company 2060 and transfer relevant balances to respective companies through ICM.
• Handle petty cash queries from business units and provide timely clarification on transaction status or documentation requirements.
• Execute payment runs and review system exceptions before releasing payments.
• Book customer refunds and process approved refund payments accurately.
• Create ZFI_Factl files required for FAB card payments.
• Maintain the petty cash master file and manage applications, activation, and closure of prepaid cards.
• Verify, approve, and process purchase float documentation.
• Monitor GL account 110004 and ensure the clearing balance is maintained at zero.
• Clear payments from GL 160516 after settlement through FAB cards.
• Perform monthly reconciliation of GL 160516 and investigate outstanding differences.
• Collect periodic petty cash count confirmations and match them against accounting records.
• Perform float analysis to maintain appropriate imprest balances across business units.
• Conduct peer reviews of petty cash payments to strengthen transaction accuracy and control.
• Support passport control and release procedures for cashiers classified as high financial risk.
• Match balance confirmations with claims in SAP on bi-annual and annual cycles.
• Maintain compliance with service level agreements, finance procedures, and company policies.
• Provide payment processing backup for other team members when required.
• Discuss proposed SOP changes with the line manager and update approved procedures in Blueworks.
• Notify the Team Lead promptly when roles or responsibilities affecting finance controls change.
• Participate in process standardization and improvement initiatives designed to increase efficiency and reporting quality.
• Maintain clear records supporting transaction review, reconciliation, internal controls, and audit requirements.

Ideal Profile

Candidates should understand petty cash management, general ledger clearing, VAT coding, payment runs, prepaid card processes, and intercompany transactions. Working knowledge of Microsoft Excel, PowerPoint, and other Microsoft Office applications is important for reconciliation, reporting, and operational support. The successful professional will demonstrate strong attention to detail, disciplined organization, analytical thinking, and the ability to communicate effectively with business units and finance stakeholders. A process-oriented approach is particularly important because the position requires consistent adherence to policies, SLAs, control procedures, and documented finance workflows.

Skills Set

• Petty cash accounting
• I2P
• SAP
• ERP systems
• General ledger reconciliation
• Payment processing
• Payment runs
• Cash journal processing
• Customer refunds
• VAT verification
• Intercompany accounting
• ICM
• GL clearing
• Prepaid cards
• FAB card payments
• Purchase floats
• Float analysis
• Balance confirmations
• Financial controls
• Petty cash reconciliation
• Transaction verification
• Invoice verification
• SAP reconciliation
• Microsoft Excel
• Microsoft PowerPoint
• Microsoft Office
• Blueworks
• SOP management
• SLA compliance
• Process improvement

Why Join Us

This role offers practical exposure to high-volume finance operations within a large diversified organization where transaction accuracy, financial controls, automation, and process efficiency are critical. Experience within I2P and shared finance operations provides a strong foundation for professionals seeking broader responsibility in accounting, finance operations, controls, or shared services. Al-Futtaim provides exposure to established ERP systems, structured finance processes, multiple business units, and continuous improvement initiatives. The position offers opportunities to strengthen expertise in SAP, reconciliations, cash management, compliance, and process standardization while progressing toward senior accounting, finance operations, or shared services responsibilities.

About the Company

Al-Futtaim is a diversified privately held regional business headquartered in Dubai, United Arab Emirates. Established in the 1930s, the Group operates across automotive, financial services, real estate, retail, and healthcare, employing more than 35000 people across over 20 countries in the Middle East, Asia, and Africa. Al-Futtaim partners with more than 200 international brands and continues to expand through customer-focused operations, strategic investment, and long-term regional growth.