Job Opening for Accountant in Dubai

In the role of an O2C (Order-to-Cash) Accountant within the Group Finance Shared Services Center (FSSC), the primary responsibility entails supporting the daily operations of the O2C function. This involves adhering to the organization’s policies and procedures while implementing essential checks and balances to minimize risks.

The incumbent in this role will be accountable for the following duties:
Collaborating closely with business operations daily to aid in O2C tasks.
Managing PDCs, including collection, warehousing, banking, maturing, and handling hold/postponement procedures.
Identifying, flagging, and expediting resolution for exceptions/interface discrepancies through thorough review, reconciliation, and substantiation of O2C accounts and reports.
Communicating receivables and overdue positions to the business for streamlined follow-up and collection efforts.
Ensuring the establishment of adequate provisions for doubtful debts per policy.
Highlighting risks and exceptions through daily reviews of collection control accounts, ensuring timely resolution by escalating as needed.
Maintaining various master records for O2C activities.
Carrying out assigned month-end closing tasks within the O2C realm.
Monitoring automated activities to ensure seamless continuity of daily operations.
Assisting in resolving audit requests within specified submission deadlines.
Contributing to standardization and improvement initiatives within the O2C function.
Executing tasks such as customer account reconciliation, balance confirmation, statement of accounts (SOA), and dunning processes.

Here’s a rephrased version:

Provide timely support to business operations in their day-to-day O2C activities.
Manage PDCs, covering collection, warehousing, banking, maturing, and hold/postponement procedures.
Monitor collection control accounts daily, addressing exceptions promptly.
Conduct monthly/periodic reconciliation and substantiation of O2C accounts, highlighting exceptions and associated risks to stakeholders.
Prepare and distribute periodic O2C exception reports and dashboards to relevant stakeholders.
Execute designated month-end book closing tasks within the O2C domain.
Calculate provisions for doubtful debts in alignment with established policies.
Identify and contribute to process standardization and improvement initiatives to enhance efficiency and reporting quality for FSSC O2C processes.
Undertake any other assigned O2C activities as required.

Key skills essential for success in this role include:
Solid grasp of accounting principles, preferably with familiarity in IFRS.
Strong analytical mindset coupled with a process-oriented approach.
Exceptional communication abilities to effectively convey information.
Previous experience working with ERP systems, such as SAP.
Proficiency in Microsoft Excel, PowerPoint, and other Office tools.
Attention to detail and strong organizational skills.

Qualifications:
Holds a degree in Finance or a related field or possesses equivalent qualifications.
Alternatively, is a finance graduate or semi-qualified individual.

Experience:
Brings 1-3 years of relevant experience.
Demonstrates a solid understanding of ERP systems, focusing on utilizing them effectively.