Branch Accountant | Al Futtaim Motors | Ajman – Al Futtaim Group

Job description :

 

  1. Invoicing & Delivery Management

 

  • Perform financial transactions and process invoices in a timely manner.
  • Ensure all relevant AFM document processes are strictly adhered to ensure all bank payments are met
  • Ensure Revenue/Provision in place and Assignee clause is without error
  • Substantiates financial transactions by auditing documents.
  • Perform record keeping of all financial operations.
  • Manage Intra & Internal Sales including Government Sales.
  • Authorization of all in house AFM sales & credit customers.
  • Daily invoice summary for credit invoices & sales return cases, monitor all outstanding debts & report.
  • Support & Guiding of Matrix managers, Sales team and Sales Admin.

 

  1. Cash (Revenue & Petty Cash Fund) Management

 

  • Collect & Verify all cash / credit card / cheque payment against invoices and post all collections in system (SAP)
  • Monitoring Petty clash float for ensuring adequate balance and reviewing pending re-imbursements/claims for submission.
  • Maintain and balance daily collection & petty cash fund twice daily
  • Monitoring the insurance limits of cash/collection in vault, ensuring the insurance coverage from AOIC if the cash/collection in vault exceeds the limit
  • Ensure that collected revenue must be deposited in SCDM on same day
  • Daily collection reports should be uploaded in the shared drive provided by the FSSC/AFSS
  • All collection / PCF verification and hand over are properly signed / filed for future references
  • Monitoring and communicate cheque clearance, bouncing cheques, and refund cheques
  • Ensure accurate data entry in SAP – billing cancellation & advance payments should be kept at minimum level – Cash Invoices not yet collected report should be always cleared & monitored
  • Ensure sublet and bought-out charges are posted to Job cards for charging the customer
  • Strict adherence of AFM company policy regarding customer refunds, maintain log for tracking purposes.
  • Perform Surprise Cash Count as per SOP.

 

 

  1. Financial Reporting, Cost & Internal Controls

 

  • Finance related processes are conducted in compliance with AFM policies & procedures (SOPs).
  • Supporting in monitoring Opex & Capex.
  • Monitor & maintain AFM administration document process is adhered at all times.
  • Monitor clearance of Open POs follow up with COT & Showroom Admin Team every month
  • To carry out Ad Hoc tasks/reports as required by the FBP/ FM / Branch Management

 

  1. Accounts Receivables Management (AR Management)

 

  • Reviewing and ensuring of timely submission of Second sets.
  • Daily / Weekly / Monthly monitoring of branch AR report (all credit facilities provided) and follow-up with concerned channels to ensure timely collection of all outstanding / overdue invoices
  • Maintain list for all credit facilities provided to branch credit customers including credit limit / credit period / main contact details / credit facility documents if possible
  • Reconcile credit customer accounts

Job Details

Posted Date: 2021-12-29
Job Location: Ajman, United Arab Emirates
Job Role: Accounting and Auditing
Company Industry: Accounting

Preferred Candidate

Career Level: Mid Career

Suite de l’annonce…