Department:Automall
Country:United Arab Emirates
Location:Dubai | UAE
Al-Futtaim Automall
Al-Futtaim Automall is the Used Car Division of the Al-Futtaim Group and has been developed following extensive customer research, using worldwide best practices with the addition of market-leading customer service. Al Futtaim Automall is the largest and most trusted used vehicle retailer in the region for over a decade.
About the job:
We are currently looking to recruit an experienced Branch Accountant, to be based in one of our Dubai Showrooms.
You will provide retail finance support to the Branch Manager and constantly co-ordinate with branch team for compliance of policies and procedures. You will have a functional reporting relationship with the Business Unit Finance Manager on budget and performance measurement, overall financial control and audit compliance
Specific Tasks to be carried out include:
- Supporting branch management and Business Unit Finance Manager
- on preparation of budget, performance summary and review of variance analysis
- Supporting in review of on retail KPI trends and improvement plans
- with branch management and Business Unit Finance Manager
- Reviewing of daily collection and deposit of cash and cheques
- and validate excess/short collection
- Verifying and posting of post-dated cheques
- Reviewing petty cash management and documentation
- Ensuring all documentation is complete as per company procedures
- for all finance/ cash/ credit/ inter and intra company deals
- Authorizing release of VCC and Sales letter as per company procedure
- Validation of Sales document pack /LPO and credit approval or
- clear funds/ registration copy and authorize final release of the
- vehicle for customer delivery
- Processing refunds within the sub-delegated authority/documentation
- and facilitate refund process for beyond authority levels
- Checking and validating all agreed check list before confirming
- passport release of branch staff
- Ensuring stock controllers adhere to standard documentation
- and procedures with regard to goods receipts and goods issues
- of stock and stock-in-transit and verify demo/display/damaged
- stock management on a regular basis
- Reviewing periodical physical inventory and reconciliation to
- ensure physical stocks match with the system stocks
- Processing credit application request for RAM approval and
- maintain relevant documentation as per approved credit deals
- Submitting deal packs for finance deals and provides support
- and follows up with AFGE for early collection of bank debts
- Review with the Retail/ Fleet Management on overdue and
- collection on periodical basis and provide status report to RAM
- Facilitate group internal audit review of branch operations and ensure the implementation of audit recommendations
- Continuous review of existing policy and procedures and
- recommend improvements to strengthen internal control
- Review on going system process and ensure its applicability
- to business requirements
- Participating in division wide financial reviews conducted by
- the Business Unit Finance Manager
About you:
To be successful in this role, you will have the following experience:
Minimum Qualifications and Knowledge: Degree in accounting with professional accounting qualification such as ACA, ACCA, CMA etc
Minimum Experience:
• Exposure to ERP preferably in SAP
• Experience in front end Financial Control
• Expert accounting knowledge
• Previous working experience in MIS/ Management accounting
• Analytical and process oriented
• Well organized with excellent communication skills
• Should possess good knowledge of MS Excel
• Self-starter and a strong team player
Note: you will be required to attach the following:1. Resume/CV
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.