Senior Accountant - GBS Controlling | Corporate Services | Dubai

Job Requisition ID: 180367

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview Of The Role:

The Senior Accountant is responsible for managing the financial controlling function across UAE, Qatar, and Oman. This includes collaborating with various stakeholders such as business units, GBS, group entities, and external partners to ensure effective management of accounting, reporting, compliance, and auditing activities. Proficiency in SAP and Navision systems is critical for ensuring accuracy and timeliness in financial processing.

What You Will Do:

• Coordinate with Cash office team regarding Cash collection summary statements for Stores, Central Unit, and Restaurants.

• Resolve system issues with support from IKEA IT Team and monitor Cash Collection Reconciliation Reports.

• Reconcile Collection Summary in Navision at month-end and share entries with respective R2R and O2C teams for posting.

• Follow up on sales reconciliations between Stores and Central Unit, manage variance, and resolve differences timely with IT team.

• Perform daily reconciliation of E-Com Debtors, Receipts, E-Com Sales, Deferred Sales, Tax, and Deferred Tax accounts.

• Manage Cash on Delivery by reconciling COD Debtors, Sales, Tax, Deferred sales, and Tax.

• Coordinate with service providers to reconcile cash collection reports with sales and delivery data.

• Resolve system issues in coordination with IKEA IT and Call Center teams.

• Ensure reconciliation and clearing of receipts for transactions via Safex/EPG/Apple Pay/Tabby/Tamara/Samsung Pay.

• Reconcile and manage daily and monthly reconciliations in collaboration with Central Unit, Call Centre, IT Team, and Third-Party service providers.

• Maintain documentation for VAT reconciliation between Navision and SAP and support Group Tax with audits.

• Audit support including coordination with external and internal auditors, providing necessary data, schedules, and reports.

• Perform Purchase and Inventory reconciliation between Navision and SAP.

• Coordinate with Shared Service AP team to review Vendor-related control GL accounts continuously.

• Manage Accounts Receivable by reviewing Credit Facility Documentation and coordinating with B2B, Coface Insurance, and O2C teams.

• Prepare monthly Aging Reports and work on AR Provision.

• Ensure compliance with group accounting and financial policy, particularly VAT related compliance in store.

• Ensure accurate reflection of company performance in Balance Sheet and GL account substantiation.

• Coordinate with shared services and external auditors for audits and implementation of recommendations.

• Work collaboratively to ensure compliance with internal controls and policies.

Required Skills To Be Successful:

• Proficient in MS Office and Excel.

• Strong knowledge of ERP systems such as SAP & Navision.

• Excellent coordination and communication skills.

• Ability to manage complex reconciliations and financial reporting.

What Qualifies You For The Role:

• Bachelor's degree in finance.

• Minimum of 3-5 years experience as an Accounts Executive in a reputable organization.

• Experience with SAP and Navision accounting software systems.

• Knowledge of tax filing and accounting is advantageous.
We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.