Senior Accountant

: Senior Accountant - R2R | Finance Shared Service Center | Corporate Services

Date: 1 Oct 2025
Location: Dubai, AE
Company: Al Futtaim Private Company LLC
Job Requisition ID: 171319

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions: automotive, financial services, real estate, retail, and healthcare, employing more than 35,000 employees across more than 20 countries in the Middle East, Asia, and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Groups entrepreneurship and relentless customer focus enable the organisation to continue to grow and expand, responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration, and integrity, Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

The Accountant R2R (Record to Report) plays a pivotal role in safeguarding the integrity of the company's financial reporting. This position is essential for ensuring complete and accurate financial statements through diligent reconciliation of all balance sheet GL accounts. The accountant will be integral in the monthly book closing process, adhering to standards and guidelines to ensure compliance with IFRS/IAS. Additionally, the role involves active collaboration with various stakeholders to address financial discrepancies and support audits. Success in this role requires a detail-oriented approach, the ability to analyze and interpret financial data, and effective communication skills to manage various financial responsibilities efficiently.

• General Ledger Reconciliations

  • Prepare monthly GL schedules and ensure meaningful reconciliation of GL accounts by engaging with relevant stakeholders.
  • Provide actionable insights through schedules to pre-empt issues and take timely action for resolution.
  • Review trends to identify patterns and strengthen controls, standardize schedules, and ensure quality review processes.
  • Engage with business unit finance teams to discuss findings from GL schedules and ensure compliance with IFRS/IAS and AFG policies.
  • Complete reconciliations and prepare schedules every month for all GLs, testing each account for substantiation.
  • Conduct review meetings monthly, identify action owners, and record progress.

• Monthly/Yearly Book Closing

  • Post accounting entries following agreed principles and guidelines, including reviewing recurring provisions and accruals of expenses.
  • Identify gaps in provisions and accruals, validate entries, and manage reclassifications as needed.
  • Support the preparation of financials and ensure compliance with standard checklists and guidelines, reporting any gaps to line manager.
  • Provide necessary support for weekly stock forecasts and ensure month-end stock provision entries are reviewed comprehensively.
  • Submit monthly accounting information for AFG consolidation via the Business Planning and Consolidation (BPC) tool.
  • Coordinate with external auditors and ensure timely submission of documentation and information.

• Intercompany Accounts Monitoring

  • Review related party accounts to identify mismatches and produce actionable insights for stakeholders.
  • Engage with business unit finance teams to drive resolutions and prepare timely review highlights.
  • Monitor progress and ensure stakeholders are appropriately engaged.

• Thorough knowledge of accounting practices in compliance with IFRS/IAS.
• Critical thinking with attention to detail and a problem-solving attitude.
• Excellent communication skills to engage with stakeholders effectively.
• Strong organizational and time management skills to manage competing priorities.

• Bachelor's degree in accountancy or ACCA/CMA (or similar qualification).
• 5-7 years of experience in a similar role, with hands-on experience using ERP systems.
• In-depth knowledge of accounting practices compliant with IFRS/IAS.
• Sound knowledge of taxation laws across GCC and SEA regions.
• Proven experience in preparing financial statements and understanding their impact on business financials.

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Before you click apply: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalized CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.