Senior Accountant - O2C | Finance Shared Service Center | Corporate Services

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

Skills

QUALIFICATIONS, EXPERIENCE, & SKILLS

 Education Qualification:

• Finance Graduate or Semi-qualified or Qualified or equivalent qualifications

Minimum Experience and Knowledge:

• Minimum 2-5 years’ similar experience, with a good knowledge of ERP systems.

Job-Specific/Technical Skills required to complete the tasks:

• Good accounting knowledge (IFRS knowledge is preferred)
• Analytical as well as Process oriented
• Excellent communication skills
• Prior working knowledge in ERP systems (ex: SAP)
• Knowledge of Excel, Power Point and other Microsoft office tools
• Detail-oriented and organized

Behavioral Competencies:

• Organization: Must possess the drive to learn, prioritize and manage workload with minimum supervision
• Communication: Effectively communicate/liaise with internal/external contacts
• Team Player: Should enjoy working in a team and be able to solve problems and resolve issues in an amicable manner
• Should have interpersonal and delegation capabilities
• Should comply with Al-Futtaim core values: Respect, Integrity, Collaboration and Excellence