Senior Accountant – I2P | Finance Shared Service Center | Corporate Services – Al Futtaim Group

Overview Of The Role:

• As an I2P Accountant in the Group Finance Share Service Centre (FSSC), the individual will be pivotal in supporting the daily activities of the I2P function. This involves compliance with organizational policies and procedures, ensuring necessary checks and balances to mitigate risks, and managing various payroll activities. The role demands a strong focus on accuracy and timeliness to support business operations and governance. The Accountant will also play a role in process standardization and improvement initiatives, aiming to enhance the efficiency and quality of FSSC I2P reporting processes.

What You Will Do:

Payroll Management

• Generate employee loan reports for supported geographies and consolidate for the data analytics team.
• Reconcile payroll-related GL balances on a per-employee basis, post necessary adjustment entries, and clear GLs.
• Coordinate with respective teams for details and review payroll GL schedules with respective businesses.
• Process employee travel settlement payments, final settlement payments, and UAE car loan mortgage requests for Emiratis.
• Process government pension payments, reconcile pension reports with payment requests, and highlight discrepancies.
• Arrange funds, upload pension payment files to the bank portal, and liaise with signatories for approvals.
• Advise employees on payroll recoveries, incentives, and reimbursement details to the HR team and respond to queries.
• Process FI payroll runs and generate fund transfer details for all geographies.
• Liaise with the treasury team for fund arrangement and monitor the funds status to ensure sufficient availability.
• Liaise with approvers for payroll file approvals in the bank portal and post payroll entries as applicable.
• Process employee-related payment requests outside of the payroll cycle.
• Distribute salary cheques, reconcile physical cheques with HR COS reports, and disburse on value date.
• Verify payroll bank account statements to ensure successful salary disbursement and coordinate reprocessing if rejected.
• Pass adjustment entries for employee early loan settlements and inform HR for record updates.
• Reconcile salary and wages payable GL to ensure balance is nil before book closing, analyze differences, and pass required entries.
• Transfer employee provision balances between entities in FI books in case of employee movement between AFG entities.
• Handle all queries from HR, business, audit, and employees.

Job Details

Preferred Candidate

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