UAE National - Financial Analyst
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Key skills for this role
About the Role
Overview Of The Role The Branch Accountant plays a crucial role in supporting the financial operations of a multi-brand 3S Facility, managing financial accuracy across the showroom, service, and spare parts departments.
Key Skills for This Role
Full Job Posting
Overview Of The Role
- The Branch Accountant plays a crucial role in supporting the financial operations of a multi-brand 3S Facility, managing financial accuracy across the showroom, service, and spare parts departments.
- Reporting to the Finance Business Partner, this role involves overseeing invoicing, delivery management, cash handling, financial reporting, internal controls, and accounts receivable management.
- Success in this role demands meticulous financial documentation, adherence to policies, and proactive monitoring to ensure smooth financial operations and cost controls within the facility.
Invoicing & Delivery Management
- Perform financial transactions and process invoices in a timely manner.
- Ensure all relevant AFM document processes are strictly adhered to ensure all bank payments are met.
- Ensure Revenue/Provision in place and Assignee clause is without error.
- Substantiate financial transactions by auditing documents.
- Perform record keeping of all financial operations.
- Manage Intra & Internal Sales including Government Sales.
- Authorize all in-house AFM sales & credit customers.
- Produce daily invoice summaries for credit invoices & sales return cases; monitor all outstanding debts & report.
- Support and guide Matrix managers, Sales team, and Sales Admin.
Cash (Revenue & Petty Cash Fund) Management
- Collect & verify all cash/credit card/cheque payments against invoices and post all collections in system (SAP).
- Monitor Petty cash float for ensuring adequate balance and review pending reimbursements/claims for submission.
- Maintain and balance daily collection & petty cash fund twice daily.
- Monitor insurance limits of cash/collection in vault, ensuring insurance coverage from AOIC if limits are exceeded.
- Ensure that collected revenue must be deposited in SCDM on same day.
- Upload daily collection reports in the shared drive provided by FSSC/AFSS.
- Ensure that all collection/PCF verifications and handovers are properly signed/ filed for future references.
- Monitor and communicate about cheque clearance, bouncing cheques, and refund cheques.
- Ensure accurate data entry in SAP with minimal billing cancellations and advance payments.
- Ensure sublet and bought-out charges are posted to job cards for customer charging.
- Strictly adhere to AFM company policy regarding customer refunds, maintaining log for tracking purposes.
- Perform surprise cash counts as per SOP.
Financial Reporting, Cost & Internal Controls
- Conduct finance-related processes in compliance with AFM policies & procedures (SOPs).
- Support in monitoring Opex & Capex.
- Ensure AFM administration document process is adhered to at all times.
- Monitor clearance of open POs and follow up with COT & Showroom Admin Team every month.
- Carry out ad hoc tasks/reports as required by FBP/FM/Branch Management.
Accounts Receivables Management (AR Management)
- Review and ensure timely submission of Second sets.
- Daily/Weekly/Monthly monitoring of branch AR report for all credit facilities and follow-up to ensure timely collection of outstanding/overdue invoices.
- Maintain a list of all credit facilities provided to branch customers including credit limit/credit period/main contact details/documents.
- Reconcile credit customer accounts.
Required Skills To Be Successful
- Financial transaction processing and auditing expertise.
- Proficiency in SAP or similar accounting systems.
- Excellent written and verbal communication skills.
- Strong organizational and record-keeping abilities.
What Qualifies You For The Role
- Bachelor's degree in Accounting or Finance.
- Minimum of 3 years of experience in a similar role.
- Excellent written and verbal communication skills.
- Proficiency with SAP or similar financial software.
- For further information, and to apply, please visit our website via the “Apply” button below.
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