Accounts Receivable Accountant - O2C Job at Majid Al Futtaim in 2021

About the job

Role Purpose:

This position is based in MAF Global Solutions (GS). This is a new department which has recently been set-up for all the wholly owned subsidiaries of MAF. GS is responsible for all the transactional accounting operations of the entities incl. preparation of Financial Statements.

The above position will be responsible for delivery of assigned Order to Cash (O2C) processes. 

Role Details – Key Responsibilities and Accountabilities:

• Support in the closure of revenue transactions of EGP 12 Billion annually (2019 figure)
• Responsible to manage day-to-day Account Receivables (AR) operational activities, meeting performance targets, training new team member when required
• Responsible for ensuring delivery of assigned Order to Cash finance functions
• Responsible for monthly AR ageing reports and informing the BU for necessary collection efforts
• Responsible for the all customer account reconciliations
• Review and ensure customer receipts of various departments as per the governing company policy & procedure
• Review and post journal entries passed by the team
• Pass high risk revenue journal entries as assigned
• Perform Balance Sheet Schedules as necessary
• Responsible for monthly book closing activities as assigned
• Monitor, manage and resolve customer queries/complaints within agreed SLAs, escalate to Supervisor where necessary
• Support internal/external audits
• Continuous process improvement
• Ad hoc operational duties & responsibilities as and when required

Financial KPI’s  

• GS– Accounts Receivable Key Performance Indicators from SLA

Personal Characteristics and Required Background:

Minimum Qualifications and Knowledge:

• Bachelor’s degree in Finance/Accounting is a must
• Advanced MS Word, Excel and PowerPoint experience
• Able to meet short deadlines
• Able to deliver quality work under pressure

Minimum Experience (number of years):

• Minimum 3 years’ experience working in Finance Department including some experience within AR function

Job-specific /Technical Skills:

• Analytical & Numerical skills, Attention to detail
• Strong customer service skills
• Good written & oral communication skills - Fluent English

Behavioral Competencies:

• Organizational skills
• Team building perspective
• Go getter attitude
• Process improvement outlook