Senior Accountant - R2R | Finance Shared Service Center | Corporate Services

Job Requisition ID: 165325
Established 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 A"rab 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-Cairo in the capacity of Senior Accountant - R2R.
Overview of the role
To support the company's balance sheet by ensuring thorough review of every balance sheet GL account and testing it through a substantiation process. Ensure accurate, reliable, and timely book closure every month. Support the audit process. Actively engage with stakeholders to drive 'good health' of the balance sheet in compliance with IFRS/IAS and the Al Futtaim Group (AFG) policies.
What you will do
General Ledger reconciliations & schedule review:

• Improve GL schedules (reconciliations) monthly.
• Engage with relevant stakeholders to gather information to ensure meaningful reconciliation of GL accounts.
• Provide actionable insights through schedules to pre-empt issues and take timely action to drive resolution of issues.
• Review trends, identify patterns & opportunities to strengthen controls.
• Standardize schedules and follow a quality review process.
• Follow IFRS/IAS and AFG policies in the accounting process.

Monthly / Yearly books closing and business support:

• Review recurring provision, accruals of expenses and amortization.
• Validate amortization and provision entries.
• Identify and review accounting entries that require reclassification. Post reclassification entries, cost allocations and any other entries required as per standard checklist.
• Follow checklists and ensure compliance.
• Identify gaps in checklist and report new entries/edits to line manager.
• Submit relevant accounting information/data monthly, to facilitate AFG consolidation using the Business Planning and Consolidation (BPC) tool.
• Review BSS BPC data for the entire Company handled by JH covering every single GL a/c, identify gaps, misses not limited to R2R but covering all Towers.
• Co-ordinate with external auditors and ensure timely submission of documentation and information.

Intercompany accounts monitoring:

• Review related party accounts and identify mismatches.
• Produce actionable insights and share with stake holders.
• Engage with business unit finance teams to drive resolutions.

Required skills to be successful

• Good knowledge of accounting practices in compliance with IFRS/IAS
• Have a very good understanding of what it takes to prepare financial statements and the ultimate impact of accounting on the income statement, statement of cashflow, and the statement of financial position.
• Ability to analysis financial data using a variety of tools, including but not limited to MS Excel.
• Analytical, process oriented
• Well organized, with excellent communication skills, a team player
• Should possess a good knowledge of excel and have prior experience in working with large databases.
• (Preferably SAP) and BPC

What equips you for the role

• Bachelor's degree in accountancy/ACCA/CMA (or similar qualification)
• 5-7 years in a similar role with hands on experience using ERP systems.

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.