Accountant - Trbot

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.

As a member of the Bank reconciliations team you will be supporting the Divisional Finance Controlling teams and the Business Units in ensuring timely reconciliation of the Group's bank accounts and reporting in relation thereto and also supporting the business units in enhancing customer experience by timely performing the activity of credit confirmations.

• Ensure all the Bank statements are received in SAP after due followup with the banks as required
• In case of delays in receipt of bank statements or where automated receipt of bank statements is not enabled, manually download the statements from online banking platforms.
• In case of Bank statements downloaded manually, ensure that the closing balance of the previous day matches with the opening balance of the current day

• Run the scheduler to automatically clear open line items where matching references exist.
• Perform manual matching of open line items wherever possible after ensuring adequate matching criteria exist and due confirmations are obtained

• Ensuring that all the open line items at the end of the day are reported to relevant internal stakeholders
• Business Finance, Divisional Financial Controlling, FSSC-O2C, FSSC
• I2P, Global Treasury Centre etc. for timely investigation and resolution.
• Ensuring that any open items that needs investigated at the banks' end are reported to the banks for investigation and resolution
• Ensuring that any instances of cheque dishonors and amounts debited by bank but not accounted by us are promptly bought to the notice of businesses/other concerned stakeholders

• Ensuring that all queries from business teams in relation to deposit of cash or cheques by customers are reviewed and responded after referring to the online banking reports so that timely delivery of goods/services by business teams is ensured

• Ensuring all bank charges are accounted in consultation with Treasury and FSSC-I2P.
• Supporting internal and external audit processes in relation to bank reconciliations

• Analytical skills
• Process oriented
• Good communication skills
• Exposure to ERP (Preferably SAP)

• Professional accounting qualification
• A bachelor's degree in commerce/financial management/ accountancy
• Minimum 3 years of experience within the bank reconciliations function of a medium to large organization or banks