R2R Senior Accountant - Majid Al Futtaim

Job Purpose:

This position is based in Majid Al Futtaim Ventures Finance Shared Service Centre (FSSC). FSSC is responsible for all the transactional accounting operations of Majid Al Futtaim Ventures and its Subsidiaries. The position will be responsible for delivery on assigned Record to Report processes, Balance Sheet schedules, monthly books closing for assigned companies, variance analysis, consolidation, preparation of statutory Financial Statements, etc.

Job Details – Key Responsibilities and Accountabilities:

Complete day-to-day recording of transactions for assigned companies in compliance with IFRS, tax law and country specific regulations
Ensure monthly closing is accurate and done on time
Prepare monthly balance sheet schedules for all accounts, as per company policies
Prepare monthly intercompany reconciliations and bank reconciliations
Ensure balance sheet schedules, bank reconciliations and intercompany reconciliations do not have any long outstanding items
Ensure adherence to FSSC Service Level Agreement (SLA) with entities. Monitor and resolve customer queries/complaints
Maintain quality accounting records and supporting documents for all work
Make accounting records available for review, on a timely basis, by entities, internal auditors, external auditors and other stakeholders, as required
Review transactions by R2R accountants and be able to explain all posted entries to management and other stakeholders, for companies assigned to you
Perform quarterly consolidation for assigned companies
Prepare statutory financial statements for assigned companies
Drive continuous process improvement
Ensure you are always up to date with IFRS, tax laws and country accounting regulations
Perform assigned ad hoc duties and responsibilities as and when required
Train new team members
Lead any process changes or new process implementation within the R2R function
Measure of Success – Illustrative KPIs:

Timely and accurate monthly book closing

Timely and accurate balance sheet reconciliations

Timely and accurate intercompany and bank reconciliations

Timely and accurate consolidation

Timely and accurate good quality financial statements

Personal Characteristics and Required Background:

Minimum qualifications:

Bachelor’s degree in Finance/Accounting/Commerce
CA/ACCA/CPA qualified or near qualification
 

Minimum experience:

5 years’ experience in a big four audit firm
Additional experience working in the GL function of a Finance Department will be an added advantage
 

Skillset (job specific technical skills and behavioral competencies needed):

Extensive IFRS knowledge
Advance MS Excel, Word and PowerPoint skills
Experience of working on Microsoft Dynamics AX preferred
Able to meet short deadlines and deliver quality work under pressure
Analytical and numerical skills
Strong customer service skills
Excellent written and oral communication skills - Fluent English
Proactive and accountable  
Process improvement outlook