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Accounts Executive (R2R) | Al-Futtaim Retail | Dubai

Date: 27-Jan-2021

Location: Dubai, AE

Company: Al Futtaim Private Company LLC

Job Requisition ID: 77901 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.


As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.


Come join us to live well, work better, and be the best.



Job Title:        R2R Senior Associate - Retail Shared Services Finance MENA

Reports to:     R2R Supervisor of RSSF MENA


Job Purpose

Responsible for all transactional activities including but not limited to; Month end, Audit, Intercompany and management reporting. The R2R Sr associate is responsible for ensuring an accurate, timely and efficient month end process for the RSSF function supporting the R2R team lead.



Key activities - Record to Report (R2R)


1. General ledger closing

  • Process journal entries & check supporting documents
  • Process allocations
  • Perform reconciliations (including intercompany)
  • Close general ledger


2. Intercompany management (ICM)

  • Create/Accept Intercompany 
  • Process journal entries as required
  • Perform weekly review of ICM GL accounts and liaise with relevant stakeholders to clear
  • Create a weekly report of open ICM and share with relevant stakeholders 


3. Fixed Assets Accounting (if applicable)

  • Quarterly review of FA register
  • Review and confirm Useful lives are as per group accounting policy and request approval to make changes as required
  • Upon approval make the necessary changes in SAP


4. Month end reporting

  • Prepare & distribute balance sheet reconciliations
  • Generate monthly reporting schedule and support audit activities


5. BPC

  • Post/Create BPC entries
  • Respond to BPC queries and assist with resolution



Qualifications, experience, & skills:

  • Professional Degree in Finance and Accounting is required
  • Experience of managing a team in a demanding environment
  • Preferably worked in Retail business
  • 2-3 years of experience in finance related functions, preferably in a shared services environment
  • Experience working across multiple levels and across function
  • Knowledge of SAP plus Microsoft Office Suite (Word, Excel, PowerPoint, Access, Outlook)
  • Demonstrated ability to work effectively in a multi-national, matrix organization


Job-Specific Skills:

  • Proficient in English, oral and written
  • Management experience
  • A continuous improvement mindset


Behavioural Competencies:

  • Good people management skills
  • Ability to work independently and with a team
  • Able to adapt to a fast changing environment
  • Good analytical and communication skills 
  • Ability to multi-task
  • Works well under pressure and experience of working to strict deadlines




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