Associate - Finance
At a Glance
- Category
- 🏦 Finance & Banking
- Level
- Mid-Level
- Type
- Full-time
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BUSINESS INTRODUCTION
Majid Al Futtaim Holding is the leading shopping mall, retail, communities, entertainment developer and operator in the Middle East, North Africa, and Central Asia regions. With over 43,000 people, revenues of over US$ 11 Billion, and operations in 18 countries. Some of the iconic brands we carry include Mall of the Emirates, Carrefour, All Saints, Lego, City Center, Abercrombie & Fitch, & Vox Cinemas. We believe in making Great Moments for Everyone, Every day.
JOB TITLE
Associate – Finance | MAF Retail | Hypermarket UAE
ROLE SUMMARY
The Associate – Finance is responsible for financial postings covering the areas, but not limited to, payables, payroll, asset and general ledgers to ensure that precise data are updated to the system and are properly executed in line with MAF Retail’s established financial accounting principles and procedures.
ROLE PROFILE
• Gather and verify financial data related to accounting
• Maintain and review purchase ledgers to ensure that all expenses are accurately posted and monitored against the set budget
• Review invoices to be paid in order to ensure accuracy and veracity of invoices
• Process payments to vendors and contractors as per the contract’s terms, including advance payment and penalties
• Prepare bank reconciliations for all accounts in different banks to ensure that entries in the journals are matched and aligned with the bank statements
• Review adjusting entries passed and ensure that suppliers’ accounts are updated and any control
• Handle and ensure that month-end and year-end closing process is completed and entries booked efficiently
• Prepare and review monthly, quarterly and annual accounting statements and managerial reports in a timely and accurate manner
REQUIREMENTS
• Bachelor’s Degree in Accounting, Finance
• 2-4 years of experience in a similar role
• experience in FMCG industry and hypermarkets are a must
• Excellent Analytical skills
WHAT WE OFFER
- At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
- Work in a friendly environment, where everyone shares positive vibes and excited about our future.
- Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.
Requirements
- •Bachelor’s Degree in Accounting or Finance
- •2-4 years of experience in a similar role
- •Experience in FMCG industry and hypermarkets is a must
- •Excellent Analytical skills
Responsibilities
- •Gather and verify financial data related to accounting
- •Maintain and review purchase ledgers to ensure accurate expense posting
- •Review invoices for accuracy and veracity
- •Process payments to vendors and contractors per contract terms
- •Prepare bank reconciliations for all accounts
- •Review adjusting entries and update suppliers’ accounts
- •Handle month-end and year-end closing processes
- •Prepare monthly, quarterly, and annual accounting statements and managerial reports
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Majid Al Futtaim is a leading conglomerate in the Middle East, Africa, and Asia. They own, operate and develop shopping malls, communities, businesses, and leisure facilities.