Chief Accountant

6 days ago


Qatar Al-Futtaim Full time

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

**Overview of the Role**

To provide financial management decision support and control along with managing and controlling various financial and accounting systems and procedures of the company by the internationally accepted standard, and monitor its internal control to ensure financial stability and maintain complete transparency and accuracy in the system. This includes day-to-day accounting activities, month-end accounting, and fully engaging with the business to prepare plans, budgets, forecasts, and monthly variance analysis across the selected assets.

**What you will do**
- Manage the team to deliver on-time monthly accounting close for general ledger, fixed asset, tax, revenue, and expense and ensure balance sheet integrity.
- Ensure accounts payable function is performed effectively.
- Preparation of budgets in conjunction with all departments to ensure the reliability of the key assumptions. Control and monitoring of operating budget, investigating variances where necessary.
- Develop reports and financial analysis as required for external and internal purposes.
- Contribute to finance business excellence projects, particularly reporting automation and process improvements.
- Oversee and ensure accuracy of bank reconciliations and reconcile the outstanding items.
- Recommend and maintain a system of policies and procedures that impose an adequate level of control over finance department activities.
- Liaise with external auditors and finalize audited financial statements as per set deadlines.
- Ensure submitting the annual tax return and financial statements and making necessary payments to the tax authority and meeting other General Tax Authority requirements like withholding tax and contract reporting.
- Monitor petty cash and ensure accurate bookkeeping and custody.
- Assist the investment manager in monitoring the loan facility requirements/ covenants and make sure to submit any deliverable reporting to lenders.
- Liaise with banks and lenders in Doha for banking operations.

**Required Skills to be Successful**
- MS Office Proficiency.
- Communication and Analytical skills.
- Team Collaboration.

**About the Team**

The team is a group of highly motivated and collaborative Finance Professionals across Qatar, looking to add
one more colleague, all of them reporting to the Finance Manager.

**What equips you for the role**
- Bachelor’s degree in Accounting or Finance.
- 5 - 7 years of experience in a relevant field.
- Exposure to SAP is an asset.

**About Al-Futtaim Group Real Estate**
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years.
Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.
AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.

**About Al-Futtaim Malls**
Al-Futtaim Malls provides development and asset management expertise, specializing in building retail-led super regional malls in prime locations across MENA and beyond. With a proven track record of creating both sustainable revenue growth and value enhancement for tenants, Al-Futtaim Malls delivers exceptional experiences and exciting shopping environments for customers.



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