Accounts Manager

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.

Overview of the role
Al-Futtaim Group Finance team Egypt is currently seeking a finance
professional to join their team in the capacity of Accounts Manager.

What you will do
‎1. Releasing Purchase Orders/Purchase Requisitions:
* Ensuring DoA, Budget & Tax compliance for each order as part of release authority
* Implementing PO release strategy in system (Ariba/SAP) and managing changes if any
* Coordinating with function heads, procurement and EIT to ensure smooth operations
‎2. Processing petty cash payments:
* Processing petty cash payments for AFET/AFII
* Claiming reimbursement as per petty cash policy
* Reviewing petty cash limit once in a year
‎3. Credit card reconciliation:
* Performing credit card reconciliations
* Claiming regular reimbursements as per policy
* Ensuring sufficient controls are in place
‎4. Account Receivables management:
* Preparing the billing template, obtaining confirmation on billing from customers and providing the template to FSSC for billing
* Ensuring SLA framework is in place
* Following up with customers for collection
* Regularly reviewing accounts receivables to ensure books are duly updated - liaise with FSSC
* Timely providing required details/documentation to the customers
‎5. Account Payables management:
* Regularly reviewing accounts payable schedule to ensure no aged advance payments or payables
* Regularly reviewing GR/IR account to ensure timely clearance
* Liaise with FSSC for vendor registration, extension, off-cycle approvals, accounting treatment, etc
‎6. Bank reconciliation review:
a. Daily review of bank reconciliation statement of all bank accounts
b. Liaising with various teams ensuring all open items get regularized within
‎3 working days
c. Regular review of bank reconciliation process ensuring completeness and
accuracy
‎7. Monthly book closure in SAP and BPC - provisions etc. inputs as
controller, review:
* Regular (at least monthly) review of trial balance ensuring all clearing & control accounts are regularized
* Reviewing monthly schedules prepared by FSSC, liaising with FSSC to clear aged items and irregularities
* Submitting Balance Sheet Substantiation providing clear plan for all Red/Amber items and ensuring action as per plan
* Ensuring best quality of books

‎8. Preparing budgets & forecasts and upload in BPC and SAP:
* Liaising with various stakeholders and HR team to obtain inputs for budget/forecast
* Preparing budget/forecast as per timelines and submitting with AGM Finance
* Once approved uploading budget/forecast in SAP/BPC
* Sharing final budget with stakeholders for their records
‎9. Preparing MIS reports:
* Preparing monthly overhead report with variance analysis
* Preparing weekly Accounts Receivables age analysis
* Preparing monthly Accounts Payables age analysis
* Preparing monthly Balance Sheet Substantiation status update
‎10. Managing taxation matters:
* Review and approve VAT return
* Review and approve WHT return
* Review and approve Corporate Tax return
* Ensuring Tax Compliance for AFET & AFII
* Preparing response for any assessment, appeal proceedings
* Participate in strategic decisions and governance framework
* Identify need and drive timely implementation of system solutions to comply with tax laws
‎11. Statutory Audit:
* Engage with auditors to agree on audit timelines
* Liaising closely with FSSC and auditors to ensure timely submissions
* Ensuring all audit requirements are closed, IFRS requirements are met and financials are issued timely
* Liaising with legal, HR and other departments to arrange required confirmations, resolutions, etc
* Reviewing financials and submitting with AGM Finance for review and sign-off

Required skills to be successful
* Job-Specific/Technical Skills required to complete the tasks: SAP, MS Excel (Advanced)

About the Team
* This role reports to the Assistant General Manager FSS (based in Dubai) and will be an individual contributor

What equips you for the role
* Education: CA Inter, Masters-in-Commerce or similar
* Minimum Experience and Knowledge: ‎5 years - Egypt Taxation, Accounting and Financial Reporting

We're here to provide excellent service but a little help from you can ensure
a five-star candidate experience from start to finish.

Before you click "apply": Please read the job description carefully to ensure
you can confidently demonstrate why this opportunity is right for you and
take the time to put together a well-crafted and personalised CV to further
boost your visibility. Our global Talent Acquisition team members are all
assigned to specific businesses to ensure that we make the best matches
between talent and opportunities. We not only consider the requisite
compatibility of skills and behaviours, but also how candidates align with our
Values of Respect, Integrity, Collaboration, and Excellence.

As part of our candidate experience promise, we also want to make ourselves
available to you throughout the application process. We make every effort to
review and respond to every application.