Accounts Manager - Dubai, United Arab Emirates - Al Futtaim Group

    Al Futtaim Group background
    Description

    Accounts Manager - Credit Control | Automotive Finance Shared Services Toyota, Honda, Marks & Spencers, Ikea, Toys R Us and Dubai Festival City are just some of the amazing stable of world renowned brands managed by the Al Futtaim Group of Companies.

    Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses in the Gulf region.

    آ Today, Al-Futtaim operates through more than 65 companies in sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Saudi Arabia, Sri Lanka, Syria, Pakistan, Singapore and Europe.

    Automotive Finance Shared Services is a department underآ Automotive handling the back officeآ functionsآ related to accountingآ for Automotive.

    AFSS handles Accounts Receivables, Accounts Payables, General Ledger Accounting, Reconciliations, Sales Accounting and annual closing and audits for the Automotive Division of Al-Futtaim.


    Reports to:

    Finance ManagerDirect Reports:
    NoneDepartment: Automotive Finance Shared ServicesLocations: Dubai

    Job Purpose:

    • Support and manage Account Receivable of all automotive business units by providing proactive guidance.
    • Train the staff to perform their duties efficiently and effectively.
    • Monitor and support in collection
    • Streamline the processes in order to have the most efficient, simple and convenient processes which will support on time collection.
    • Deal with difficult customers and long overdue payments with the help of division heads.
    • Review and update company policy with regard to debt collection.

    Description:
    Credit evaluation
    • Evaluate credit requests from the business units and provide recommendation to ensure appropriate credit limits are granted as per set risk parameters
    • Implement a periodical credit review process for all customers to identify risk exposure and corrective mitigation process in place.

    Accounts Receivable review
    • E

    Minimum Qualifications and Knowledge:

    • Degree in Accountingآ (Bilingual- Arabic speaking preferable)
    • Additional accounting qualification a plus

    Minimum Experience:

    • A minimum of 3 years' experience with specific experience in Credit Control and receivables management of a large company.
    • Prior experience of working with insurance companies an advantage.

    Job-Specific Skills & Behavioural Competencies:

    • Excellent communication skills - both verbal and written,
    • Knowledge of Arabic an advantage.
    • Diplomatic with the ability to deal with difficult customers with tact.
    • Ability to lead a large and diverse team and coach them into top performers.
    • Able to talk to all levels of the organization - both internal and external.
    • Highly computer literate - knowledge of SAP will be an advantage.
    • Strong analytical skills.
    • Ability to build and sustain relationships in a multicultural environment
    About The Company Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise.

    Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region.

    Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

    The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario.

    The Group's continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

    The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy.

    This, linked with the Group's belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.

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