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Job Description

Overview of the role

The invoice processor will work with the FSSC I2P Manger and Senior Manger 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

Invoice processing

  • Processing PO / Non PO based invoice for Local third party vendor for company codes assigned
  • Ensuring VAT compliant invoices while processing local third party invoices, both PO and NPO based.
  • Ensuring approvals are taken before processing manual posting and GL, CC and Tax codes are provided.
  • Sending mail to unblock the entries which are in blocked status.
  • Updating the payment printing file for urgent payment.
  • Managing Ariba manager approval for all company codes assigned
  • Managing queries received through email or call
  • Ensure timely processing of supplier invoices
  • Ensure timelines are met as per SLA
  • Ensure periodic balance sheet substantiation and aged items over 90 days are tracked and reported
  • Follow up with business unit to complete invoice verification
  • Ensure to process payments for Principal vendors as per credit terms and standing instruction (eg: Trading Enterprises - Some Principal vendor payments by 25th of every month)
  • Advance Payment Review
  • Good Receipt IR Review 
  • Debit Balance Review
  • Vendor Account Zero Balance
  • Reviewing Monthly Gl Schedule and clearing balances post coordination with BU Finance

Internal and financial control compliance

  • Ensure application of appropriate internal controls, compliance and financial processes at FSSC (Procurement, AP, systems etc.)
  • Adopt best practices and process improvements within the Financial Reporting, Technical Accounting and Financial Controlling processes
  • Review and reconciliation of BS accounts, GL Scrutiny

Technical Expertise

  • Thorough knowledge of SAP Invoice processing accounting, tcodes, underlying transaction basis
  • Work with IT demand manager to ensure reports are being automated and available on real time basis


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

  • Professional accounting qualification - BBA Finance, BCom, Inter CA, ACCA or equivalent
  • 5-7 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
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Al Futtaim Group logo
Al Futtaim Group

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work. The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

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