Thursday , February 9 2023

Majid Al Futtaim Jobs 2022 – Accountant, Revenue

Website Majid Al Futtaim

Job Description:

The position is responsible to support the Finance Manager– Revenue in overseeing and managing the day to day operation and supervision. This position plays an integral role in verifying and ensuring integrity, completeness and correctness of tenant lease data, advances, receivables and provision balances. It ensures that Accounts Receivable and Leases Revenues are properly authorized according to the company policy and procedure, and with applicable DOA.

Job Responsibilities:

  • Review and reconcile tenant accounts balances for revenue and receivables with GL on monthly basis and ensure no integrity issue is pending.
  • Run IAS 17 and ensure accuracy of adjustment entries processed on a monthly basis.
  • Support the business by reducing review and processing time for all Revenue and Receivables transaction, i.e. refunds, Statement of Accounts and billing.
  • Ensure clearing of any reconciling item resulted from revenue bank accounts reconciliation on timely basis.
  • Prepare tenants’ statement of account as and when required.
  • Provide historical information and analysis as and when required.
  • Run monthly recurring billing and ensure the monthly revenues booked agree with the signed lease agreements.
  • Prepare and update receipts to tenants for various payment collection i.e. rent, utilities and deposits etc.,
  • Review and ensure correctness of tenants’ balances for advances, deposits, receivables and revenue on monthly basis.
  • Coordinate with the Oman / Bahrain offices daily and ensure that the daily bank processing for all collections are performed on a timely basis.
  • Submit monthly consolidated financial key information related to A/R and revenue area.

Job Requirements:

  • Bachelor’s degree in Accounting or Finance. Professional qualification such as /ACMA /ACCA etc., is a plus.
  • Minimum 3 –4 years of post-qualification experience working within a Finance support function. Good knowledge and experience of A/R and Revenue Accounting within a reputed real estate development / asset management organization in GCC or abroad in a similar role.

Job Details:

Company: Majid Al Futtaim

Vacancy Type:  Temporary

Job Location: Dubai, UAE

Application Deadline: N/A

Apply Here

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