Branch Accountant

Company Overview

Founded in the 1930s, Al-Futtaim is a diverse and forward-thinking privately owned group headquartered in Dubai. Operating in over 20 nations and employing more than 40,000 individuals, the Group encompasses sectors such as automotive, financial services, real estate, retail, and healthcare. Representing over 200 global brands like Toyota, Lexus, IKEA, and Marks & Spencer, Al-Futtaim emphasizes digital innovation, artificial intelligence, sustainable development, and strategic alliances to deliver lasting value for customers and communities, while fostering a responsible legacy.

Role Overview

The Finance Support Specialist primarily manages aftersales financial activities focusing on revenue collection, accounts receivable management, and credit control. Responsibilities include processing payments, ensuring compliance with financial regulations, and collaborating with various departments to resolve fiscal discrepancies. The role requires diligent financial documentation, reporting, and strict adherence to company policies while providing assistance to the Finance Business Partner.

Key Responsibilities

• Manage diverse payment methods and coordinate current-dated cheque deposits with the Collection Agent daily.
• Ensure prompt daily deposits via CDM, reconcile deposits with SAP records, and oversee cheque clearances.
• Handle bounced cheques and refunds while maintaining proper filing and archiving following SOPs.
• Conduct unannounced cash counts and supervise daily collection processes.
• Regularly review accounts receivable reports and pursue follow-ups on overdue invoices.
• Update and maintain the credit customer database and evaluate credit limit increase requests.
• Collaborate with Location Managers to resolve outstanding accounts receivable issues.
• Create service requests for Statements of Account from credit customers and track collection delays.
• Accurately process invoices and manage sales transactions with the correct documentation.
• Comply with Al-Futtaim Motors (AFM) and banking protocols before issuing gate passes.
• Monitor invoice summaries, sales returns, and outstanding debts closely.
• Support teams in financial compliance and validate assignee-related clauses.
• Ensure strict compliance with AFM Standard Operating Procedures (SOPs) and assist in Opex/Capex reporting.
• Generate ARIBA spend reports and advise on potential cost-saving measures.
• Assist in forecasting financials and track government claims.
• Perform comprehensive revenue reconciliations nationwide with full financial control.
• Ensure transactions follow SOPs and monitor conformity with authority limits.
• Oversee monitoring of warranty and goodwill claims, document scrapping processes.
• Maintain Fixed Asset Register and facilitate insurance renewal procedures.
• Archive financial documents to support audits and evidence requirements.
• Supervise cash and cheque processing within SAP and provide guidance on finance protocols.
• Coordinate with the Management Information Systems (MIS) team for reporting and analytic support.
• Conduct document audits and execute miscellaneous tasks as necessary.
• Ensure timely revenue deposits by Service Advisors and prompt report uploads.

Qualifications and Skills

• Bachelor's degree in Finance, Accounting or a related discipline.
• Minimum of 3 years of professional experience in finance or accounting, preferably in the automotive sector.
• Proficiency in SAP and comprehensive knowledge of financial reconciliation methods.
• Strong organizational aptitude and meticulous attention to detail related to accounts receivable and invoice management.
• Excellent analytical and problem-solving capabilities.
• Effective communication and coordination skills.

About Al-Futtaim Automotive

Al-Futtaim Automotive is a leading mobility enterprise operating across eight countries in the Middle East, Asia, and North Africa, representing over 25 top-tier international automotive brands. Their portfolio includes passenger cars, commercial vehicles, and industrial equipment, complemented by logistics, leasing, aftersales, and financial services to provide a seamless customer mobility experience. The company's vision is to become a premier global mobility player through innovation, digital transformation, and exceptional customer focus. With over 9,000 employees, Al-Futtaim Automotive fosters a culture of ambition and collaboration, aiming to shape the future of mobility.