Accounts Supervisor wanted by Al Futtaim in Dubai

Al-Futtaim-Real-Estate-Group logo Dubai

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Al-Futtaim-Real-Estate-Group logo Dubai
Al-Futtaim-Real-Estate-Group logo Dubai

Accounts Supervisor
Date: 12-Apr-2018
Location: Dubai, AE
Company: Al Futtaim Private Company LLC
 
No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

Come join us to live well, work better, and be the best.

Job Title: Accounts Supervisor – Treasury

Reports to: Treasury Manager

Department: Retail Finance

Location: Retail HO, Dubai

JOB PURPOSE:

To ensure the management and effective utilization of funds, submission of accurate and timely management of information and maintaining of foreign exchange hedging for Retail business in MENA and SEA regions.

JOB CONTEXT

Due to the Impact of the financial crisis, all business around the globe has started to put more emphasis on Treasury Management. It was noticed that those organizations with an efficient and effective Treasury Management were able to sustain the impact of the financial crisis. Al Futtaim has always being a pioneer in the industry has significantly increased its emphasis on Treasury Management. As a part of a conglomerate, there are several new requirements from Group apart from regular reporting needs.

Operating Environment

High pressure environment
High level of accuracy required
Co-ordination with brands and stores
The famous phrase “CASH IS KING” mentions why Treasury and Accounts Receivable are the key functions within the businesses in today’s time.

Bank Reconciliation to review the bank reconciliations done by the Accounts Executive on a monthly basis and ensure this is done as per SOP.
To monitor and review the cash clearing and card clearing reconciliation report on a monthly basis.
To ensure all postings relating to banks are done properly in SAP

Cash Management Services and POS Services Ensure all the Retail stores are provided unhindered Cash Management Services and POS Services (Credit card acquiring) within the stipulated time and proper documentations are maintained.
Coordination with banks for support services required by the retail stores

Treasury Reports To review and submit the Treasury Reports with Treasury Manager to CFO- Retail and to the Group Treasury and ensure it is submitted within the stipulated time.

Daily bank position summary on a daily basis for MENA and weekly basis for SEA regions
Consolidated Cash Forecast of Retail Division on a monthly basis in BIW System and inform Group Treasury of the updation within the stipulated time.
Preparation of new dashboard region wise to highlight the Retail business cash requirements , availability , facility utilisation , cash forecast etc.
Non funded facilities utilization and the collection summary on a monthly basis to Group Treasury within the stipulated time.
Liquidity Management report on a monthly basis to Group Treasury within the stipulated time.
Intercompany and FX Exposure reporting

Treasury Projects/Initiatives To assist Treasury manager in the implementation of new initiatives

Automation of payments, receivables and bank reconciliation
Managing Treasury Management System(TMS)

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications and Knowledge: Graduate (Commerce) or MBA (Finance) or ACCA or CA [an advantage].

Minimum Experience: 3-4 years

Job-Specific Skills: Analytical, Numeric, Microsoft Office, Knowledge of accounting policies of the group as well as IFRS.

Behavioural Competencies: Committed, Hardworking, good communication skills.

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.

Accounts Supervisor wanted by Ghassan Aboud group Dubai

Ghassan Aboud Group Dubai

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Ghassan Aboud Group Dubai
Ghassan Aboud Group Dubai

Supervisor – General Ledger and Revenues
Company: Ghassan Aboud Group
Experience: 5+ years in General Ledger with SUPERMARKET experience
Location: Dubai
Job Description

Responsibilities:

Supervise/perform the complete recording, reporting & analysis function of Retail Division
Monitor the cash collection, deposit & reconciliation process to ensure accurate recording and safe handling of cash
Perform daily bank reconciliation, Expense bookings and accrual entries
Perform Fixed assets posting and managing Fixed assets register
Perform periodic period end closing and report accurate and timely financial results to the management
Manage relationship with related parties and banks for necessary business matters
Ensure Compliance with International Financial Reporting Standards
Perform the monitoring function to ensure that the company policies and procedures are followed
Provide input on Policies improvement
Assist in preparation of business unit budgets and ensure approved budgets are strictly followed
Partner with Business Team
Ensure effective internal controls are in place to reduce the risk of fraud and error
Ensure that ERP systems are effectively implemented and work with IT Function closely to make it happen
Perform cash flow forecasting & analysis, manage the funds efficiently and effectively and liaise with other group entities for this purpose