Al Futtaim Group

Senior Accountant - O2C

  • Dubai
  • Al Futtaim Group
  • Posted date: 1 month before
  • End date: 2024-03-30

Job Title: Senior Accountant - O2C

Job In Dubai

Company: Al Futtaim Group

Start Date: 2024-01-30

End Date: 2024-03-30




Job Description

JOB PURPOSE

As an (O2C) Senior Accountant in Group Finance Shares Service Centre (FSSC), he/she will focus on supporting the day-to-day activities of the O2C 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.

  • Provide daily partnering support to business operations by assisting in O2C activities
  • Collateral Security Management, which includes PDCs, Bank Guarantees, Security Cheques etc.
  • Identify, highlight, and expedite timely action to resolve exceptions / interface fallouts by performing review, reconciliation, and substantiation of O2C accounts and reports.
  • Highlight receivables and overdues position to business to facilitate their follow-up and collection activities
  • Ensure adequate provision is created for doubtful debts as per company Policy and IFRS standard
  • Highlight risks and exceptions based on daily review of Collection control accounts and ensure resolution of exceptions within SLA by escalating in a timely manner
  • Create and maintain various master record for the O2C activities
  • Perform assigned month end book closing tasks within O2C
  • Monitor the ongoing automated activities and ensure continuity of daily tasks
  • Support with resolution of audit requests (Internal and External) within the submission timelines
  • Identify and support on standardization and improvement initiatives within the O2C function
  • Manage projects/testing as and when it is required by the department or SBUs
  • Support colleagues while they are on leave

 


KEY ACCOUNTABILITIES

  • Timely O2C partnering support to Business in day-to-day operations
  • PDC Management, which includes PDC collection, Warehousing, Banking, Maturing, Hold / Postponement etc
  • Daily collection control account monitoring and exception management
  • Perform monthly / periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the Business
  • Preparation and circulation of periodic O2C exception reports & dashboards to stakeholders
  • Perform assigned month end book closing tasks within O2C
  • Computation of Provision for doubtful debts in accordance with Policy
  • Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processes
  • Manage projects/testing as and when it is required by the department or SBUs
  • Any other O2C activities assigned from time to time


Application URL



Source : www.bayt.com