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 in the capacity of Accountant – I2P

Overview of the role
As an I2P Accountant in Group Finance Shares Service Centre (FSSC), he/she will focus on supporting the day-to-day activities of the I2P 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:

• Petty Cash Verification as per Petty Cash policy
• Posting of Petty Cash Expenses for all companies
• Payment through prepaid card/Cheque
• Execute payment run and the exceptions are reviewed and highlighted
• Prepaid Card Bank Charges ZFI_Factl file creation/ Payment
• Maintaining card master file and updating as required, Applying and close of Prepaid wire card
• Reversal of Documents as per request from business
• Moving of Traffic fines to recovery account for payroll deduction
• Following up with business for old IOU and Cheque in transit posting
• Handling Petty cash queries
• ECD authorization control for petty cashiers
• Creating and assigning cash journals
• Collecting and matching petty cash count on a periodic basis
• Float Analysis for maintaining adequate Imprest balance
• Peer Review of the Petty Cash Payments
• Reconciliation of Credit Card Statements
• Verifying Credit Card Claims
• Posting Credit Card Claims
• Payment of Credit card Claims (Transfer Letter/HSBC portal)
• E-wallet Top-up for Branch’s and government payments through Credit card
• Training of Petty cashier on cash journal on a continuous basis
• Down payments creation/Petty Cash advances
• Ensure clearing happens for GL account 110004. Balance should be Zero
• Principal payments and Monthly payment cycle

What you will do

• Timely I2P  partnering support to Business in day-to-day operations
• Daily monitor Cash clearing account and clear and highlight discrepancy to Business
• Perform monthly / periodic reconciliation and substantiation of petty cash related accounts and highlight exceptions and related risks to the Business
• Half-yearly / Yearly collection of petty cash balance confirmation from petty cashiers and highlight mismatch to Business.
• Perform assigned month end book closing tasks within I2P
• Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC I2P processes
• Any other I2P activities assigned from time to time
• Handles the queries from Business for advance and forward to concern