Majid Al Futtaim
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,Job Roles:
Ensure effective and efficient communication channels with the tenants or CRM in connection to any financial issue, requirement, or inquiry.
Build and maintain a strong relation with stakeholders especially clients and government agencies.
Coordinate with legal department on collection matters related to legal notices and provide support and accurate information.
Prepare weekly update on collections and delays to provide it to decision makers.
Ensure efficient coordination and timely support to leasing/asset management/CRM on collection matters according to business requirements.
Support the business units and management on all queries and provide debtors statement as and when required.
Financial Reporting and Transaction Processing:
Correctness and completeness of information recorded in the system
Correctness and appropriate selection of the accounting treatment, and
Proper selection of GL accounts and Billing Codes.
Validate and record day to day collections and related accounting transactions ensuring:
Adequacy of supporting documents,
Proper authorizations are in place,
Support in monthly closing process through predefined checklist
Assist in preparing ad-hoc analysis, financial reporting, and other various tasks related to areas of responsibility.
Compliance
Book tenant, clients receipts and bounced cheques on timely basis.
Prepare tenants’ accounts reconciliations as well as follow-up on pending issues until resolved.
Ensure that collections and follow up with debtors is in compliance with International financial Reporting Standards and local regulations as well as MAFP applicable financial policies and procedures.
Ensure compliance with applicable tax laws and regulations related to his / her section.
Functional/Technical Competencies
Knowledge of computer applications (especially MS Excel) and business solutions software skills at an intermediate level.
Knowledge of IFRS/IAS and local regulations relating to accounts receivable and revenue area preferably in Real Estate industry.
Experience in working with Oracle, SAP, Yardi and/or JDE is a plus.
Personal characteristics
Should possess excellent interpersonal and communication skills.
Should possess a high degree of efficiency and integrity.
Analytical skills.
Initiative, detail oriented and self-motivated team player.
Minimum Qualifications/education
Bachelor’s degree in accounting or finance.
Minimum experience
Minimum of 2 years’ experience in A/R Accounting.