Order to Cash Accountant

BUSINESS INTRODUCTION

Majid Al Futtaim Holding is the leading shopping mall, retail, communities, entertainment developer and operator in the Middle East, North Africa, and Central Asia regions. With over 43,000 people, revenues of over US$ 11 Billion, and operations in 18 countries. Some of the iconic brands we carry include Mall of the Emirates, Carrefour, All Saints, Lego, City Center, Abercrombie & Fitch, & Vox Cinemas. We believe in making Great Moments for Everyone, Every day.

JOB TITLE

Order to Cash Accountant | MAF Global Solutions | Finance

Role Summary

The position is responsible for handling cheque management and daily reconciliation of tenant rent collection and ensuring timely processing of all cheques with the Bank on a daily basis. In addition, it is also responsible for handling post-dated cheques (PDCs) inventory and ensuring physical reconciliation of all PDCs on a monthly basis.

ROLE PROFILE

• Prepare and issue receipts to tenants for various payment collection i.e. rent, utilities and deposits
• Prepare on a daily basis bank deposit slips for the payments received from various tenants and ensure to process the same in the bank on a timely basis
• Undertake physical verification of all PDCs collected from various tenants and reconcile the same with the system report on a monthly basis to ensure correctness
• Reconcile the actual deposit of collection in the bank with the bank deposit acknowledgement / advice
• Ensure proper maintenance of PDCs in respective physical files and ensure that photocopies of all the PDCs are enclosed
• Process and send annual rental invoice to the tenants for collection through courier
• Coordinate with the Oman / Bahrain offices on a daily basis and ensure that the daily bank processing for all collections are performed on a timely basis
• Maintain and monitor Tenant Variation Request (TVR) and ensure that all variations are supported through proper approvals as per the DOA
  
  

Requirements

• Bachelor's degree in Commerce
• Minimum 1 – 3 years of experience working within a Finance support function
• Good knowledge and experience of handling PDCs, collections and processing of payments with banks with a reputed real estate development / organization in a similar role.
• Good communication skills
  
  

What We Offer

• At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
• Work in a friendly environment, where everyone shares positive vibes and excited about our future.
• Work with over 50,000 diverse and talented colleagues, all guided by our Leadership Mode