Financial Accountant

2 weeks ago


Dubai, Dubai, United Arab Emirates Majid Al Futtaim Full time

Majid Al Futtaim Lifestyle invites you to join us in our quest to create great moments for everyone, everyday We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year.

For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification.

We have over 40,000 team members in 15 international markets representing over 100 nationalities - all keeping the customer at the heart of everything we do.

If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

Reporting to:
Senior Finance Manager

Function:
Finance

Location:
Majid Al Futtaim Lifestyle, Corporate Head Office

Role Purpose:


The Financial Accountant is responsible for managing daily and month-end operational transactions of accounting and financial activities of the Company, liaising with key business stakeholders including the Financial Shared Service Centre (FSSC).

The Financial Accountant supports the business by collecting, analyzing, investigating, and reporting relevant financial data as required.

Responsibilities will include, but will not be limited to the following:

Operations:

  • Responsible for Accounts Payable activities ensuring timely submission of invoices and payment requests, scheduled payouts, reconciliation of petty cash reimbursements.
  • Responsible for Accounts Receivable activities ensuring consignments and credit sales are recorded accurately, timely collection and reconciliation of book of accounts.
  • Responsible for analysis of financial data, validating accuracy and reporting the information to relevant stakeholders.
  • Ensure accurate preparation of weekly and monthly cashflow and cash balance information.
  • Liaise with relevant projects teams for submission of all asset transfer, new and/or refurbished stores documentation and prepare necessary documents for store closure or disposal of assets.
  • Receive, track and monitor franchise related invoices and payments.
  • Manage Bank related activities ensuring submission of documents, signatory approvals, transfer letters and bank guarantees.
  • Manage repatriation of excess funds when required.

Standards:

  • Responsible for accurate and timely update of General Ledger information, ensuring balances are reconciled and discrepancies reported appropriately.
  • Coordinate and follow through with all departments to ensure sales and inventory information is accurately posted and validate and report discrepancies if any.
  • Support the Finance function with internal and external audit requirements.
  • Contribute and support the business in achieving the Dare Today, Change Tomorrow sustainability strategy.

Customer:

  • Support all internal departments in finance related queries providing relevant data and information when required.
  • Build a professional relationship with vendors, assisting with queries and resolving issues.
  • Act as a coordinator between relevant Franchise contacts in relation to any variances and ensure resolution of issues.

KPIs:

  • Timely and accurate completion of monthend closing as per business deadlines.
  • Payment release as per agreed SLA's.
  • Monthly review of BSR's and resolution of open points within the allocated timeframes.
  • KDS reconciliation completions within the allocated timeframes.
  • AX cost center accuracy.
  • Advance cleanup accuracy.
  • VAT return completion within allocated timeframes.
  • Sustainability Initiatives.

Functional/ Technical Competencies:

  • Analytical skills.
  • Retail business knowledge.
  • Statistical Analysis.
  • Research and reporting expertise.

Behavioural Competencies:

  • Leads the Way
  • Is able to prioritize work based on urgency and impact. Is able to communicate objectives in a clear manner. Reaches out to colleagues for support as and when needed to ensure timely delivery of objectives. Takes initiative to create positive energy. Enthusiastic about new challenges.


Drives Impact
  • Is able to identify key pieces of information required for delivery of work. Identifies areas of risk within own role. Understands when things are urgent. Takes ownership and escalates where required in a timely manner.


Thinks Customer
  • Actively listens and demonstrates understanding for customer's stated and unstated expectations and understands what is needed to deliver on expectations. Delivers value and quality to the customer. Understands "customer first" mindset.


Thinks Group
  • Understands how and where own role / work fits in the overall company. Demonstrates willingness and ability to collaborate. Actively achieves targets. Communicates well with colleagues. Listens attentively. Does not shy away from collaborating.


Develops Talent
  • Suggests ways of im

  • Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates the Accountant Full time

    Maintaining financial records and ensuring accuracy and completeness of all accounting transactions Preparing financial statements, budgets, and forecasts Managing accounts payable and receivable Processing payroll and ensuring compliance with all tax regulations Assisting with audits and preparing necessary documentation Analyzing financial data and...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates IE Soft technology Full time

    The senior accountant's responsibilities include preparing financial reports, performing account reconciliations, maintaining the general ledger, preparing tax returns, assisting with audit preparations, and performing other accounting duties as assigned. Who can keep track of financial statements and monitor current financial situations and prepare...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates LeadVy Agency Full time

    Responsibilities: Prepare and manage the annual budget Perform monthly general ledger account reconciliations Handle accounts payable and accounts receivable Ensure timely and accurate financial reporting Collaborate with different departments to develop financial strategies Monitor financial performance and provide analysis to senior management Ensure...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates TRACTEBEL Full time

    Human Resource Business Partner at TRACTEBEL - ENGIE GROUP (United Arab Emirates)Roles and responsibilitiesAs Financial Accountant, you will manage all areas relating to Accounting, statutory and taxOverview Responsibilities:The key roles and responsibilities are: Responsible for ensuring the completeness and accuracy of the underlying books andrecords (P&L,...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Host Building Full time

    Reconciling the company's bank statements and bookkeeping ledgers Completing analysis of the employee expenditures Managing income and expenditure accounts Generating the company's financial reports using income and expenditure data Keeping a check on the company's finances based on financial status Filing and remitting taxes and other financial obligations...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Zenon Medical Clinic LLC Full time

    Position Overview:Responsibilities: Manage daytoday accounting operations, including accounts payable/receivable, general ledger entries, and bank reconciliations. Ensure compliance with UAE financial regulations, directives, and reporting requirements. Prepare accurate and timely financial statements, reports, and analyses. Conduct regular internal audits...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Abronn FZE Full time

    A Financial Accountant is a professional who gathers and monitors financial data, prepares statements, forecasts costs and revenues, manages tax payments, and conducts internal audits to ensure compliance with accounting regulations.

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates CharterHouse Full time

    Job description:Charterhouse are currently supporting a leading client, within the trade finance and logistics sector, whom are in the process of looking to recruit a Financial Accountant to support their regional business entities, managed from their Dubai branch.About the roleWith a reporting line to the Regional Finance & Administration Manager, this...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates NTS Group FZLLE Ltd Full time

    _We are NTS Group.__ Operating from our strategically positioned offices in Dubai, London, and Singapore, we offer a comprehensive suite of services led by industry experts. Our services include Contingency & Executive Search Campaigns, Outplacement & Redundancy Support, RPO Projects, Talent Mapping, Women in Leadership & Leadership Development, and our...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Razons Full time

    We are looking for a financial accountant with cost controller experience.Responsibilities: Verifying costs with vendors and suppliers, estimating expenditures. Cost controlling experience. Monthly inventory report Gather and monitor financial data (e.g. sales revenues and liabilities) Prepare monthly, quarterly and annual statements (balance sheets and...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Serco Plc Full time

    Make a difference every dayThe Job OpportunityWe are looking for a Financial Accountant to manage, coordinate, analyse and assess the financial activities of support & Business unit (BU) overheads as well liaising with SSC and banking matters, and to provide Finance Manager with analysis and reporting, to accurately capture the performance of the sector and...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates UK ROOF TILES LLC Full time

    Manage all accounting transactionsPublish financial statements in timeHandle monthly, quarterly and annual closingsReconcile accounts payable and receivablePreparation of Bank ReconciliationEnsure timely bank paymentsCompute vat and prepare vat returnsManage Trail balance, Balance sheets and profit/loss statementsReport on the company's financial health and...


  • Dubai, Dubai, United Arab Emirates International Energy Resources FZCO Full time

    Position: Financial and Accounting ControllerLocation: JAFZA, Dubai, UAEOverview:As a Financial Controller and Accounting professional, you will play a vital role in managing the financial operations, ensuring accurate accounting practices, and maintaining the company's financial health. In this multifaceted role, you will oversee financial control...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates IHG Hotels & Resorts Full time

    Collecting and analyzing data, which is then used in the preparation of weekly and monthly estimates Preparing weekly cash flow statements and controlling expenditure and cash flow Assisting with the preparation of year-end accounts and statutory accounts Responding to financial inquiries by gathering and interpreting data Conducting internal audits such as...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Job Vortex Recruitment Solutions LLC Full time

    We are looking for a Financial AccountantResponsibilities: Assisting in the preparation of accounting records for a number of group companies. This will include preparation of bank reconciliations, accruals, prepayments and preparation of draft monthly management accounts reporting to the Group Financial Controller. Updating fixed asset register and...


  • Dubai, Dubai, United Arab Emirates Liali Events Organizing Full time

    Financial Advisor cum AccountantCompany: Liali Event OrganizingLocation: DubaiJob Description:Responsibilities:Collaborate with senior management to develop and implement financial strategies to optimize the company's financial performance and achieve business objectives.Conduct comprehensive financial analyses, including budgeting, forecasting, and variance...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Somerset NHS Foundation Trust Full time

    oAbility to communicate highly complex, sensitive & contentious issues at all levels within the organisation and with external stakeholders oExcellent verbal and non- verbal communications skills oHigh level written communication skills oAbility to draft complex reports used at a variety of levels oStrong leadership skills oEffective interpersonal skills...

  • Financial Accountant

    2 weeks ago


    Dubai, Dubai, United Arab Emirates IHG Hotels & Resorts Full time

    Financial Accountant | IHG Hotels & Resorts DubaiWith a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,300 open hotels in more than 100 countries, and a development pipeline of over 2,000 properties.As the world's largest family of luxury hotels, we all take great pride in being genuine...


  • Dubai, Dubai, United Arab Emirates IE Soft technology Full time

    The senior accountant's responsibilities include preparing financial reports, performing account reconciliations, maintaining the general ledger, preparing tax returns, assisting with audit preparations, and performing other accounting duties as assigned. Who can keep track of financial statements and monitor current financial situations and prepare...


  • Dubai, Dubai, United Arab Emirates Hammer F I L Contracting LLC Full time

    Job Role: AccountantResponsibilities: Proven experience with accounting software and data entry Prepare and examine financial records, ensuring records are accurate and that taxes are paid Assist in the preparation of financial reports such as financial statements and budget performance Reconciling the company's bank statements and bookkeeping ledgers...