Accountant Al Futtaim Automotive Finance

About the Role

Al-Futtaim is seeking an Accountant Al Futtaim Automotive Finance to join their team in Riyadh, Saudi Arabia. This full-time role involves managing cash flow, invoicing, and financial controls within a multi-brand showroom and workshop environment. The position supports the Finance Business Partner to ensure precise financial reporting and provides effective business support, with a primary focus on revenue collection, accounts receivable management, and compliance with financial policies.

Key Responsibilities

• Collect and verify all cash, credit card, and cheque payments against invoices, and post all collections in the SAP system.
• Monitor the petty cash fund to ensure an adequate balance and review pending reimbursements/claims for submission.
• Maintain and balance daily collection and petty cash fund twice daily.
• Ensure all collected revenue is deposited in the bank.
• Monitor and communicate cheque clearance, bouncing cheques, and refund cheques.
• Ensure accurate data entry in SAP and minimize billing cancellations and advance payments.
• Adhere strictly to company policy regarding customer refunds and maintain logs for tracking purposes.
• Monitor branch AR reports daily, weekly, and monthly to ensure timely collection of all outstanding or overdue invoices.
• Maintain a list of all credit facilities provided to branch credit customers, including credit limit, credit period, main contact details, and credit facility documents.
• Reconcile credit customer accounts.
• Maintain documents for IHF deals.
• Accurately record unaccounted credit.
• Perform invoicing of parts in a timely manner.
• Ensure strict adherence to all document processes to meet all bank payments accurately.

Qualifications and Experience

• A minimum of 2-5 years of relevant experience is required for this role.

Work Environment

This is a full-time position based in Riyadh, Riyadh, Saudi Arabia, within a multi-brand showroom and workshop setting.