Accountant - I2p - Dubai, United Arab Emirates - Al-Futtaim

Al-Futtaim

Verified Company

Dubai, United Arab Emirates

1 week ago

Posted by:

Ahmed Al-Mansouri

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Description

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.

We are currently seeking an experienced finance professional to join our Finance Shared Service Center in the capacity of Accountant - I2P

Overview of the role

As an I2P Accountant in Group Finance Shares Service Centre (FSSC), he/she will focus on supporting the day-to-day activities of the I2P function whilst complying with organization's policies and procedures and ensuring necessary checks and balances to mitigate risks.

This position will be responsible for the following:

Petty Cash Verification as per Petty Cash policy
Posting of Petty Cash Expenses for all companies
Payment through prepaid card/Cheque
Execute payment run and the exceptions are reviewed and highlighted
Prepaid Card Bank Charges ZFI_Factl file creation/ Payment
Reversal of Documents as per request from business
Moving of Traffic fines to recovery account for payroll deduction
Following up with business for old IOU and Cheque in transit posting
Handling Petty cash queries
ECD authorization control for petty cashiers
Creating and assigning cash journals
Collecting and matching petty cash count on a periodic basis
Float Analysis for maintaining adequate Imprest balance
Peer Review of the Petty Cash Payments
Reconciliation of Credit Card Statements
Verifying Credit Card Claims
Posting Credit Card Claims
Payment of Credit card Claims (Transfer Letter/HSBC portal)
Ewallet Topup for Branch's and government payments through Credit card
Training of Petty cashier on cash journal on a continuous basis
Down payments creation/Petty Cash advances
Ensure clearing happens for GL account Balance should be Zero
Principal payments and Monthly payment cycle

What you will do

Timely I2P partnering support to Business in daytoday operations
Daily monitor Cash clearing account and clear and highlight discrepancy to Business
Perform monthly / periodic reconciliation and substantiation of petty cash related accounts and highlight exceptions and related risks to the Business
Halfyearly / Yearly collection of petty cash balance confirmation from petty cashiers and highlight mismatch to Business.
Perform assigned month end book closing tasks within I2P
Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC I2P processes
Any other I2P activities assigned from time to time
Handles the queries from Business for advance and forward to concern

Required skills to be successful