21 Oct
Al Futtaim Group
Dubai
Cash and Bank Accountant | Automotive FAMCO | Jeddah, Saudi Arabia
FAMCO (Al-Futtaim Auto & Machinery Co.) is a market leading supplier of products & services to a diverse range of industries & commercial undertakings covering the transportation, construction, manufacturing, warehousing, oil & gas and marine sectors. FAMCO serves these industries with world-class brands like Volvo Trucks, Volvo Buses, Volvo Construction Equipment, Merlo, Ingersoll Rand, Linde, Dexion, Yanmar, Himoinsa, Stanley Proto, Fenner, Bruynzeel, Mobel Linea, Meco, Bott, Stertil, Hart & Nassau.
FAMCO has operations in UAE, Saudi Arabia, Qatar and Oman.
The company's development and success has been based on an in-depth understanding of customer needs and the dedication of its skilled staff. FAMCO is committed to providing outstanding second-to-none service levels to customers and to maintaining quality, safety and environmental standards at the highest possible levels. FAMCO is an ISO 9001:2008 & ISO 14001:2004 certified company. We are currently looking to recruit an experienced Cash & Bank Accountant to manage the cash activities for FAMCO-Saudi.
The role will interact with the cashiers based in all our branches across the FAMCO-Saudi network as well as the HQ management team and FAMCO UAE. The individual will need to ensure they are up to date with all company policies & procedures and ensure compliance.
Job Responsibilities/ Key Accountabilities:
1. Leading the process of strengthening the cash & bank controls and policies, aligning them with FAMCO-UAE.
2. Weekly reporting to the Finance Manager, Head of Financial Reporting and FAMCO-UAE of the cash balances for KSA.
3. Centrally managing via reports and controls from the branch cashiers,
the petty cash balances for each branch.
4. Ensuring the weekly reconciliation of all transactions made in the KSA bank accounts and investigating any variances.
5. Managing the branch cashiers and being the group's key contact for all related cash queries.
QUALIFICATION/EXPERIENCE:
2-3 years' experience in a related role, training to be an Accountant with a B.Com or Bachelors in finance/accounting or related field. Able to communicate effectively with all groups of people, from the customer to the sales managers.
ABOUT YOU:
The Cash and Bank Accountant is a key position which will require significant cash flow management skill and understanding. You will be studying for your accountancy qualification with good finance experience.
Excellent communications skills - you will be expected to communicate clearly, effectively, assertively and professionally with the local management team and HQ management team.
- Understanding of financial accounting rules.
- Proven experience in setting up controls and processes.
- Experience of relationship building.
- The ability to provide innovative thinking on key business issues.
- The ability to deliver under pressure; high self-motivation.
- Must have a good command of English and Arabic.
- Strong Excel and PowerPoint skills.
About The Company
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise.
Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself as one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario.
The Group’s continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Group’s belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.
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