Commercial Executive/ Accounts

Found in: beBee S BH - 4 weeks ago


Bahrain Al-Futtaim Full time
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 Arab 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 organization 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 Overview of the role: Overall Financial management of Al Futtaim Electronics as Finance Business Partner to manage activities including but not limited to statutory accounting, books closing, taxation, SAP / IT coordination, Budgeting, Financial reporting and Financial Controlling
What you will do:- Description of Accountability:
Preparation of Daily Sales Report for Show Room & Service & reconcile with actual cash Preparation of monthly Collection Plan reports Monthly Closing Entries – Principal Subsidies / Accruals / Principal Claims Preparation & submission of forecasted cash flow files to treasury. Prepare Debit notes for Principal claims Follow-up with Sales team for clearing AR (claim) invoices. Co-ordination with SSF on AR, AP, GL, ICM etc. Manage vendor payments, Balance confirmation, and Reconciliation Manage / Review / Track the Customer Agreements Preparation of SOA to Customers Follow up on payment collection from Customers Preparation of DAF/PAF Provision in SAP Petty Cash Posting Posting all Collection from customer Cheque/Cash/PDC GL Review with FC / SSF Follow up with SSF for ICM Payable/Receivable invoices Coordinate with SSF for rebate entries/other deduction posting Supporting Internal audit queries Preparation of Po's from Principal/Local/Inter Company
Required Skills to be successful:- Working knowledge of SAP Working knowledge in MS Office – Excel /Word / Power point Knowledge of Accounting / Financial / Commercial practices Ability to maintain a high level of accuracy in preparing various MIS
What equips you for the role:
Bachelor Degree in accounts and finance (Master preferred) 6-7 years’ experience in similar field Good communication skills Technical knowledge Accountability Problem solving Attention to detail About Al-Futtaim Retail Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer’s in both regions with over 75 stores offering both fashion & food options.

Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference…

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