Accountant

Roles and responsibilities

This Majid Al Futtiam Global Solutions position handles all transactional accounting for various entities, including preparing financial statements. You'll be responsible for assigned accounts payable tasks, approving vendor invoices, and supporting general ledger activities to ensure financial accuracy.

ROLE PROFILE

Support in the closure of payable transactions of AED 10.2 Billion annually (2019 figure)
Maintain all vendor accounts within company policy
Review submitted payment requests by various departments for suppliers are in line with the governing policies & procedures
Responsible for assigned vendor account reconciliations and necessary follow up action.
Process invoice booking / payment as assigned by Purchase To Pay Process Lead Manager (Invoice booking, GRN..)
Monitor, manage and resolve supplier queries/complaints, escalate where necessary to Process Lead Mgr in accordance to agreed SLAs
Perform accruals while ensuring supporting statements and workings are in attachment.
Perform ad hoc operational duties & responsibilities as and when required.
Financial Reporting:

Prepare and maintain accurate financial statements, including income statements, balance sheets, and cash flow statements.
Ensure that financial reports are completed on time and in compliance with generally accepted accounting principles (GAAP) or other relevant financial reporting frameworks (e.g., IFRS).
Provide insights into financial data to help management make strategic decisions and ensure financial stability.
Account Reconciliation:

Reconcile accounts, including bank statements, accounts payable, and accounts receivable, ensuring accuracy and consistency of records.
Investigate discrepancies and ensure that they are resolved promptly.
Accounts Payable and Receivable:

Manage the accounts payable process, ensuring timely payments to vendors and suppliers while maintaining good relationships with external partners.
Oversee accounts receivable, ensuring timely collection of payments from clients or customers.
Monitor aging accounts and take appropriate actions for overdue payments.

Desired candidate profile

Bachelor’s degree in Finance/Accounting is a must.
Minimum 2+ years’ experience working in Finance Department including some experience within AP function
Good written & oral communication skills - Fluent English.
Advanced MS Word, Excel and PowerPoint experience
Analytical & Numerical skills, Attention to detail
Able to deliver quality work under pressure
Attention to Detail: The ability to identify discrepancies, ensure accuracy, and maintain precise financial records.
Analytical Skills: Strong ability to analyze financial data and provide actionable insights to improve financial performance.
Organization: Effective time management and organizational skills to meet deadlines and handle multiple tasks simultaneously.
Problem-Solving: Ability to identify issues and find practical solutions to financial challenges.
Communication Skills: Strong verbal and written communication skills to collaborate with colleagues and present financial information to stakeholders.
Technical Proficiency: Experience with accounting software and tools, and the ability to adapt to new technologies and platforms.
Knowledge of Accounting Standards: In-depth knowledge of accounting regulations, tax laws, and financial reporting standards (e.g., GAAP, IFRS).