National_Sr. Accountant Jobs In Dubai UAE | Al-Futtaim

2 months ago

dubai, United Arab Emirates Al-Futtaim Full time
National_Sr. Accountant Jobs In Dubai UAE | Al-FuttaimFor More Top Organization Jobs Click HereEstablished 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 Arab 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 organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.Responsibilities:
Responsible for complete accounting cycle for assigned Residential portfolio companies. (Revenue, Expense, Closing & Reporting).Ensure posting run is complete for all rental contracts/ Sales contracts in a timely manner and cumulative monthly provision is revised as required. Preparation of various reconciliations such as monthly rent rolls, inventory reconciliations, bank reconciliations etc.Evaluation of various expense requests in terms of justification for the expenses, budget availability etc., verification of LPO’s, coding and posting of approved expenses as per budget in respective GL Accounts, cost centres and ensure approval as per DOA for Opex & Capex.Ensure approved payments are released as per agreed payment terms and all supporting documents are in compliance with Company’s Policies & Procedures and approved as per DOA, including timely settlement of Intercompany creditors and debtorsEnsure GRN’s are assigned to LPO’s on a monthly basis against completed works & services and cumulative monthly provision is revised as required.Liaise with Financial Planning & Analysis team and provide the cash flow inputs for weekly and monthly forecasts.
Requirements:
5-7 years of relevant experience working in diverse teams; real estate construction / projects environment experience will be preferred.
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