Finance executive - united arab emirates, dubai

Uae national_finance executive | retail | ikea rso jebel alioverview of the rolethe accounts executive is responsible for working closely with the accounting team, stores, ssf and tax department to provide support in managing business requirement on daily basis relating to smooth running of the businessensure that all business information and accounting figures are constantly monitored & accurately maintained so as to reflect a true and fair view of the company in the business financial & performance reports what you will do balance sheet substantiationconstantly monitor and maintain the books of accounts (g/l, sub ledger) accurately to reflect true and fair view of the company in the performance reportsg/l schedules - scrutinize and prepare g/l schedules for review by line manager month end sales & collection entries bookingcoordinating with cash office team on daily basis with regards to open cash collection summary statements for stores, central unit & restaurantssupport cash office team in resolving system issues, in coordination with ikea it teammonitoring cash collection reconciliation reports on regular basis for stores, central unit & restaurantsmonth end-reconciling the collection summary in navision, check accuracy and posting the entries to sap financialsposting other month end provision entries in sap e-comonline salesdaily reconciliation of e-com debtors, receipts, e-com sales, deferred sales, tax & deferred tax accountse-com master card clearing account-to import online payment entries in navision & reconcile the receiptscash on deliverydaily reconciliation of cod debtors, sales, tax, deferred sales & taxfollow up and reconcile cash collection from service providers-to receive daily cash collection report and reconcile with the sales & delivery data.import payment entries in navision, reconcile & settle the cash receiptscoordinating with the third-party service providers on variance & resolving the issues in coordination with ikea call center team & central unit teamcoordinating with ikea it team on system issues and resolving itforwarding the pending cod order listing to central unit team & following up on clearing the same vat documentation & reconciliationmaintain accurate vat documentationreconciliation of vat entries between navision & sapensuring accurate vat filing done on monthly basis purchase bookingforeign & local vendors purchase booking in sappurchase entries to be checked in navision & booked in sapcoordinating with store in store logistics team on clarifying variance, if anyinventoryprepare analysis on inventory and ageing and monitor stock provisioningtrack gl accounts for provisions for merchandise clearing and monitor add on load factor rates usedmonthly booking of inventory related entries between navision & sapmaintaining of inventory movement records and documentation pertaining to each inventory related gl in navisioncoordinating with store in store logistics team for any variance between the stores & ifb accounts payablecoordinate, review and ensure with shared service ap team, vendor related control gl accounts are reconciled and necessary action taken on a continuous basis. internal controls and policiesensure compliance with group accounting and financial policywork with store teams to handle vat related compliance all the time in storeskillsrequired skills to be successfulworking knowledge of excel and ms office packages,knowledge of accounting software package preferably erp such as sap & navision .knowledge of tax filling is an advantage. what equips you for the roleminimum 3-5 years of experience working as accounts executives in any reputable organization.experience of tax accounting is an advantage.

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