Job Requisition ID: 152241\nNo two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.\n\nAs a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You\u0092ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.\n\nCome join us to live well, work better, and be the best.\nAbout the role\nAs a member of the Bank reconciliations team you will be supporting the Divisional Finance Controlling teams and the Business Units in ensuring timely reconciliation of the Group\u0092s bank accounts and reporting in relation thereto and also supporting the business units in enhancing customer experience by timely performing the activity of credit confirmations.\nAbout the responsibilities\nReceipt of Bank statements and Balance validation\n\nEnsure all the Bank statements are received in SAP after due follow-up with the banks as required\nIn case of delays in receipt of bank statements or where automated receipt of bank statements is not enabled, manually download the statements from online banking platforms.\nIn case of Bank statements downloaded manually, ensure that the closing balance of the previous day matches with the opening balance of the current day.\nReconciliation of bank accounts:\nRun the scheduler to automatically clear open line items where matching references exist.\nPerform manual matching of open line items wherever possible after ensuring adequate matching criteria exist and due confirmations are obtained\nReporting of open line items:\nEnsuring that all the open line items at the end of the day are reported to relevant internal stakeholders- Business Finance, Divisional Financial Controlling, FSSC-O2C, FSSC- I2P, Global Treasury Centre etc. for timely investigation and resolution.\nEnsuring that any open items that needs investigated at the banks\u0092 end are reported to the banks for investigation and resolution\nEnsuring that any instances of cheque dishonours and amounts debited by bank but not accounted by us are promptly bought to the notice of businesses\/other concerned stakeholders.\nCredit confirmations:\nEnsuring that all queries from business teams in relation to deposit of cash or cheques by customers are reviewed and responded after referring to the online banking reports so that timely delivery of goods\/services by business teams is ensured\nAccounting and Audit:\nEnsuring all bank charges are accounted in consultation with Treasury and FSSC-I2P.\nSupporting internal and external audit processes in relation to bank reconciliations\nAbout the Requirements\nMinimum Qualifications and Knowledge\n\nProfessional accounting qualification\nA bachelor\u0092s degree in commerce\/financial management\/ accountancy with about three years of experience within the bank reconciliations function of a medium to large organization or banks.\nAnalytical, process oriented, good communication skills, exposure to ERP\nShould be able to plan and prioritize tasks, persuasive skills, Kaizen attitude, Self-motivated; and a strong team player.\n\nWe\u0092re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.\n\nBefore you click \u0093apply\u0094: 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 personalised 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.\n\nAs 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.