Job Requisition ID: 163491Established 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 Arab 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.We are currently seeking an experienced finance professional to join our Finance Shared Service Center team in the capacity of Senior Accountant - I2POverview of the role The invoice processing lead will work with the FSSC I2P tower head and FSSC Head and will be accountable for all invoice processing and intercompany payment related to Finance & Accounts (Statutory, Management & Tax accounting) for all entities being served by FSSC.He / She will establish, manage and maintain daily financial processes (Invoice processing, allocation of workload to staff, review of accounting irregularities, ageing on balances, MIS, Audits, Technical accounting matters, Reporting and reviews etc. as per time bound deliverables). The candidate will be responsible for providing inputs, advice and support to the team on technical and operational matters.What you will do
Ensure the invoices, Debit notes, Credit notes etc. are processed in line with P2P documented SOPs and any deviations are notified, agreed, and captured in SOPs
Ensure that any exceptions flagged by the system are appropriately resolved before ultimate posting.
Verify and follow up for Delegation of Authority (DOA) compliance particularly for non-PO procurement
Ensure VAT compliance before processing invoices
Ensure comprehensive capture of data and information during posting
Responsible for maintaining sound internal control environment.
Highlight any known obstacles or roadblocks in achieving any of the listed milestone
Support the team with any ad hoc requirements including training the new associates and migration activities, GL Review , Balance Sheet exception report review etc
Required skills to be successful
Experience with ERP (preferably SAP - FICO, BPC, BI etc.) and information systems, including planning, implementation and monitoring
Experience preferably in Shared Service environment with Process mindset
Proficiency in MS Office (Word/ Excel/ PowerPoint/MS Projects)
Sound knowledge on Accounting principles and Standards, Compliances, VAT
Sound knowledge of Regulatory compliances
Working knowledge of SAP
Excellent analytical, reasoning and problem-solving skills
What equips you for the role
Professional accounting qualification - BBA Finance, BCom, Inter CA, ACCA or equivalent
Strong core finance technical skills and solid understanding of finance & Accounting Standards (IFRS), processes, infrastructure and systems (SAP FICO)
Excellent Coordination and stakeholder management skills
5-7 years of well-rounded experience in the field of Accounts payable and have worked in finance
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.