Analyst - Credit Control I Real Estate

Job Requisition ID: 181014 

About Al-Futtaim
Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.

• The Accountant is responsible for ensuring efficient, timely, and accurate financial services related to payment allocation and customer account maintenance across various portfolios at Dubai Festival City. The role involves handling daily transactions and maintaining accurate financial records using the Yardi system. This position requires high attention to detail and the ability to manage deadlines, contributing to the organization's credit control policy and lease agreements. Success in this role requires a strong focus on customer care and precise financial management.

Payment Processing and Bank Reconciliation

• Accurately and timely record all cheques received into the PDC module daily to minimize the number of transgressions.
• Process customer payments on Yardi daily and ensure timely deposit of cheques into the bank to reduce processing errors.
• Ensure cash receipts are correctly applied to customer accounts in a timely manner to maintain accurate account balances.

Account Maintenance and Credit Control

• Reconcile the bank statement daily against all deposited cheques to minimize un-reconciled items by month-end.
• Provide timely notification and follow-up to recover bounced cheques, ensuring timely recovery as per agreement.
• Maintain and clear customer accounts, reducing the number of unallocated credits through systematic checks.

Support Functions

• Provide ad-hoc support to the CCD as required and complete tasks as agreed upon.

• Proficiency in YARDI and Excel for accurate financial management.
• Strong organizational skills to meet scheduled deadlines effectively.
• Detail-oriented with a high level of accuracy in data entry and record keeping.
• Ability to manage time efficiently and work under pressure while maintaining a customer-focused approach.

• Knowledge of accounts receivable and general bookkeeping procedures.
• Proficiency in YARDI and Excel, as well as other relevant computer applications.
• 2-3 years of accounts receivable and general accounting experience and 3-4 years of experience in handling administrative finance roles.
• Excellent interpersonal, communication, and time management skills with a strong customer focus.

About Al-Futtaim Real Estate

With a legacy of more than six decades in real estate and asset management, Al-Futtaim Real Estate – part of Al-Futtaim – creates real impact on the communities it serves through long-term investment and growth. As one of the region’s leading private developers, the company plans, creates and manages developments across the MENA region.  

Al-Futtaim Real Estate has a diversified, multi-billion-dollar portfolio across the real estate value chain and asset types such as residential, commercial, malls and industries including hospitality, healthcare, infrastructure and education. Flagship mixed-use urban communities include Dubai Festival City and Cairo Festival City.  

Al-Futtaim Real Estate is also responsible for Al-Futtaim Contracting, a fully integrated, end-to-end specialist division operating across the UAE, Saudi Arabia, Qatar and Egypt. The business has delivered industry-leading construction, engineering, technology and FM solutions for more than 50 years.