Job Description
Overview of the role
As an (O2C) Accountant in Group Finance Shares Service Centre (FSSC), he/she will focus on supporting the day-to-day activities of the O2C function whilst complying with organization’s policies and procedures and ensuring necessary checks and balances to mitigate risks:
This position will be responsible for the following.
- Provide daily partnering support to business operations by assisting in O2C activities.
- PDC Management, which includes PDC collection, Warehousing, Banking, Maturing, Hold / Postponement etc.
- Identify, highlight and expedite timely action to resolve exceptions / interface fallouts by performing review, reconciliation and substantiation of O2C accounts and reports.
- Highlight receivables and overdue position to business to facilitate their follow-up and collection activities.
- Ensure adequate provision is created for doubtful debts as per Policy.
- Highlight risks and exceptions based on daily review of Collection control accounts and ensure resolution of exceptions within SLA by escalating in a timely manner.
- Create and maintain various master record for the O2C activities.
- Perform assigned month end book closing tasks within O2C.
- Monitor the ongoing automated activities and ensure continuity of daily tasks.
- Support with resolution of audit requests within the submission timelines
- Identify and support on standardization and improvement initiatives within the O2C function.
- Execute Customer Account Reconciliation/Balance Confirmation/SOA/Dunning etc.
What you will do
- Timely O2C partnering support to Business in day-to-day operations
- PDC Management, which includes PDC collection, Warehousing, Banking, Maturing, Hold / Postponement etc.
- Daily collection control account monitoring and exception management
- Perform monthly / periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the Business
- Preparation and circulation of periodic O2C exception reports & dashboards to stakeholders
- Perform assigned month end book closing tasks within O2C
- Computation of Provision for doubtful debts in accordance with Policy
- Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processes
- Any other O2C activities assigned from time to time
Skills
Required skills to be successful
- Good accounting knowledge (IFRS knowledge is preferred)
- Analytical as well as Process oriented
- Excellent communication skills
- Prior working knowledge in ERP systems (ex: SAP)
- Knowledge of Excel, Power Point and other Microsoft office tools
- Detail-oriented and organized
What equips you for the role
- Finance Graduate or Semi-qualified or equivalent qualifications
- 1-3 years similar experience, with a good knowledge of ERP systems
Job Details
- Job Location
- Dubai United Arab Emirates
- Company Industry
- Retail & Wholesale
- Company Type
- Employer (Private Sector)
- Job Role
- Accounting and Auditing
- Employment Type
- Full Time Employee
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- 1
