About Us
As a leader in luxury retail in the Middle East, Al Tayer Group's retail division, Al Tayer Insignia, hosts a portfolio of some of the worlds best luxury brands in the fashion, jewellery, home and department store categories. Complementing its position in luxury retail, Al Tayer Insignia has also built new frontiers in lifestyle retail, representing leading brands in the Beauty, Home, Fashion and Hospitality sectors. Our brands include Bloomingdales, Harvey Nichols and Armani to name just a few!About The RoleYou will provide ongoing support to supply chain Finance activities and take responsibility for all functional administrative requirements using relevant IT systems and processes.What Youll Be Doing

• Act as a single point of contact with Brand in terms of financial activities such as payment, LC, payment terms etc.
• Support Sr. Executive/ Fin Ops Manager in reviewing and securing best payment terms with suppliers in coordination with Buying.
• Coordinate with the suppliers on payments to ensure that all products are delivered, and the payment is processed within due dates and ATI commitments to suppliers are met.
• Maintain receivables records (advance/ RTV/ damages) and follow up with suppliers/Brands to clear advance payment monthly.
• Provide FSS/Buyers on a weekly basis with information regarding pending payments.
• Coordinate with Buyers and Brand to finalize the LC values and expiry date to facilitate LC issuance and renewal.
• Provide Finance department with the relevant information required for drafting Letters of Credit and submit for supplier approval.
• Manage the end-to-end process of LCs- issuance, safe custody, renewal, cancellations, value revisions etc.
• Resolve/monitor supplier damages and liaise with the suppliers in case of any variance/damage to prompt immediate corrective action.
• Maintain necessary documentation system for efficient and orderly storage and retrieval of documents/information. Maintain and update all necessary records, files, and databases.

About YouThe successful candidate should have the below education, skills and experience:

• Post graduation in Commerce/ Finance/ Accounting.
• Minimum of 5-8 years relevant experience preferably in leading Retail Companies.
• Experience in payable and receivable and coordinating with external suppliers.
• Knowledge of Financial accounting system- JDE/ SAP/ Tally.
• Knowledge of Retail merchandize systems- ORACLE/ SAP/ MS.
• Expert knowledge in MS Office- Excel and Word.
• Excellent communication and interpersonal skills.
• Proven track record of building collaborative working relationships with internal and external stakeholders.
• A proactive approach and initiative.

Additional Information

• Job Detail: Accounts Payables & Receivables

Al Tayer Group