Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 45,000 team members in 17 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

The Associate – Finance is responsible for financial postings covering the areas, but not limited to, payables, payroll, asset and general ledgers to ensure that precise data are updated to the system and are properly executed in line with MAF Retail’s established financial accounting principles and procedures. The role holder is also responsible for providing timely and accurate reporting in addition to supervising assigned accountants ensuring all accounting and bookkeeping functions are timely and properly executed.

Accounts Management

• Gather and verify financial data related to accounting


• Check the accounting entries relating to financial transactions for accuracy and conformance to accounting policies and pass them for superior consideration


• Maintain and review purchase ledgers to ensure that all expenses are accurately posted and monitored against the set budget


• Review invoices to be paid in order to ensure accuracy and veracity of invoices


• Process payments to vendors and contractors as per the contract’s terms, including advance payment and penalties


• Maintain and review sales ledger to ensure that actual sales report are generated


• Ensure revenue collections are aligned with bank accounts statements


• Maintain and review asset registrar to ensure that data are accurate, updated and all accounted for


• Process depreciation of fixed assets and make the necessary changes accordingly and ensure inventory is updated


• Handle monthly/quarterly/period end reconciliation for all key balance sheet items


• Prepare bank reconciliations for all accounts in different banks to ensure that entries in the journals are matched and aligned with the bank statements

Administrative

• Maintain and run periodic payroll cycles to ensure that all payrolls are processed on time


• Coordinate and follow up with external auditors during the course of their audit, ensuring provision of all required information to enable timely completion of the audit

Reporting

• Prepare and review monthly, quarterly and annual accounting statements and managerial reports in a timely and accurate manner

Minimum Qualifications/education

• Bachelor’s Degree in Accounting, Finance or Commerce

Minimum experience

• 3+ years’ experience in a relevant role


• 1+ years in the retail business